Welcome to Banking and Savings - for insightful guidance on maximizing your financial potential. This dedicated space offers in-depth knowledge on various banking products, savings strategies, and the latest in financial technology innovations.
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Whether you're seeking the best savings accounts, exploring high-interest options, or looking for secure and efficient banking solutions, our resources aim to equip you with the tools and knowledge for effective money management and achieving your saving goals.
Michael Foote is the Founder and Managing Director of cost-comparison site Quote Goat, which compares the costs of both personal and business financial products.
When you hear the term “bad credit,” it is usually referencing an individual’s FICO score. Your FICO credit score is partially based on your credit history, including but not limited to bill payment history, current and past loans, current debt, and even how much money you make. This scoring model ranges from 300-850 and classifies poor credit as being 579 or below.
Financial institutions manage a large volume of sensitive information about their customers. However, the protection of sensitive data in line with regulations, both for banks and other financial services organisations, is currently a big challenge. The way these organisations operate has changed dramatically in recent years.
Reece Mennie, the CEO of the UK’s fastest-growing investment introducing firm – Hunter Jones, is looking at how and why traditional banking is failing British SMEs.
We’re in the midst of a business banking revolution. In the past, legacy structures and slow banking processes were commonplace, with innovation and new technologies from the retail banking world rarely being available for businesses.
Though it’s still early days, Facebook’s newly launched Libra currency is already causing distress in the financial sector landscape. Some believe Libra is just another come and go cryptocurrency, while others are describing it as a vehicle for potential terrorist activities.
The Which Group recently published a study [1]stating that the UK banking sector was hit by IT outages on a daily basis in the last nine months of 2018, with 302 reported failures. The major banks had suffered at least one incident apiece every two weeks. This is a highly concerning statistic that exposes the […]
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