Apathetic Brits are missing out on hundreds of pounds a year by failing to check the interest rates on their financial products, including credit cards, current accounts, savings accounts and personal loans, research by the UK’s number one comparison site moneysupermarket.com has revealed. The research found that one in four (27 per cent) have never [...]
Many developing countries are rapidly adopting cellphone technology as a means for delivering financial services to their citizens without a heavy investment in infrastructure. Now, a team of researchers from Massachusetts Institute of Technology and Georgetown University says important economic considerations loom on the horizon for policymakers, mobile banking companies and central banks. Economists Tavneet [...]
Changes Enhance Control, Choice and Clarity for Customers As part of its commitment to provide more control, choice and clarity for its customers, Bank of America announced that beginning this summer it will only authorize single debit card transactions at the point of sale if a customer has enough money in their account at the [...]
Each year starts with lofty goals, but resolutions are hard to keep. Rather than attempt a lifestyle change overnight, set small, attainable goals. Here, SmartyPig offers five super easy resolutions anyone can use to put finances on track: Know your credit score Good credit is the foundation for achieving financial goals. It’s crucial to stay [...]