Consumer confidence rebounds from historic low

24th February 2023 Consumer Lending | #consumer confidence

A survey by data company GfK shows that consumer confidence has unexpectedly bounced back from historic lows to hit the highest level since April 2022. GfK’s consumer confidence index has risen by seven points in February, although the headline score remains at a “severely depressed” -38. While confidence in the general economic situation over the…

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TransUnion launches open banking gaming solution

24th February 2023 Consumer Lending |

Global information and insights provider, TransUnion has announced the launch of its new Open Banking for gaming solution. The company’s categorisation engine, built with over a billion transactions incorporates more than 330 categories and sub-categories to give gaming operators a quick and easy way to manage their players and promote safer gaming. The Open Banking…

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SuperFi and TrueLayer agree open banking partnership

24th February 2023 Company News |

Open banking platform, TrueLayer, has announced a collaboration with the problem debt detection and prevention app SuperFi, which will provide open banking variable recurring payments (VRPs) to help customers repay borrowings and avoid fees. SuperFi’s platform connects to users’ bank accounts and credit cards to track borrowings and overdrafts in a single interface. Customers can then…

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Gender pay gap means women work for free for two months of the year

24th February 2023 Consumer Lending |

The average woman in paid employment effectively works for free for nearly two months of the year compared to the average man in paid employment, according to analysis published by the TUC. The gender pay gap for all employees currently stands at 14.9%. This pay gap means that working women must wait 54 days, nearly…

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