Why are Brits turning to online-only banks?

For years, large, conventional banks held all the aces when it comes to citizens’ finances in the UK. HSBC, Lloyds Bank, Natwest and Barclays are collectively known as the ‘big four’ and together they’ve dominated the banking industry. That is, at least, until recently. These ginormous institutions have come under threat from online-only banks. The… Continue reading Why are Brits turning to online-only banks?

Business Tips For Protecting Your Finances During A Recession

In 2023, taking the necessary steps to protect your finances for your business is now more important than ever. The economy in 2023 has been increasingly unstable, and there has been a cost of living crisis that has damaged businesses, for both revenue and finding suppliers. However, there are many ways you can take steps… Continue reading Business Tips For Protecting Your Finances During A Recession

3 Ways Loans from Credit Unions Are Different From Major Banks

If you’re in the loan market, you may wonder if a credit union is the right choice. Here are three ways loans from credit unions differ from loans from central banks. First, credit unions are member-owned, so they may be more likely to offer better rates and terms to their members. Second, credit unions may… Continue reading 3 Ways Loans from Credit Unions Are Different From Major Banks

How Banks Are Using AI to improve Their Services?

Almost every industry, including banking and finance, has been significantly affected by artificial intelligence. The industry of banking and finance is now more customer-centric and technologically relevant. This has been made possible due to the use of AI in banking apps and services.   By enhancing efficiency and making judgments based on data that is incomprehensible… Continue reading How Banks Are Using AI to improve Their Services?

Bank Won’t Fund Your Business? 4 Loan Alternatives To Get You Started

Businesses typically require some sort of collateral or proof of concept before funding their business venture. However, it is possible that you don’t have enough collateral or there aren’t a lot of businesses like the one you have envisioned that are being funded by bank loans. Brick-and-mortar businesses like a donut shop, for example, may… Continue reading Bank Won’t Fund Your Business? 4 Loan Alternatives To Get You Started

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