Coronavirus leaves more than a quarter of UK adults with low financial resilience

More than a quarter of adults in the UK characteristics of vulnerability such as poor health, low financial resilience or recent negative life events, according to a new survey conducted by the Financial Conduct Authority (FCA). Its latest Financial Lives survey (FLS), looking at consumers’ financial situations, the financial products they choose and their experiences…

Pulse of Fintech

Biannual analysis of global fintech investments. 2020 was a game-changer. Words became action as the global pandemic made digitalization a critical priority for businesses of every shape and size. The same can be said for incumbent financial institutions, and most importantly, for consumers. The changes we have seen this year will not likely stop when…

Fintech risks

The Financial Stability Board (FSB) has released a report highlighting ten issues that merit the attention of supervisors and regulators, of which the first three are put forward as priority areas for international cooperation. The report (PDF 0.98 MB) highlighting ten issues that merit the attention of supervisors and regulators, of which the first three are put…