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UK economy grows 0.6% – where does fintech stand in this?

The British economy received two positive updates this week - firstly, the Bank of England (BofE) held interest rates and secondly the country exited...

Saldo Bank opens Sweden operations to offer competitive interest rates

Saldo Bank has announced its entry into the Swedish market to offer interest rates of up to 5% on one year fixed-term accounts.  The Finnish...

Bank of England halts interest rates at critical crossroad for SME...

A stalling of interest rates will do little to mitigate what is an increasingly challenging period for SMEs across Britain.  September ended a period of...

ChatGPT to predict interest rates through language models

ChatGPT has shown capabilities in being able to predict future interest rates through various language models by central bank members.  This was revealed through research...

Freeze in UK interest rates keeps SME’s ‘future unclear’

The Bank of England announced yesterday that interest rates in the UK will remain at 5.25%, ending a spell of 14 consecutive increases.  The decision...

Bank of England’s ‘aggressive approach to interest rates and inflation’ has...

The decision by the Bank of England to raise interest rates has been met with discontent from consumers. However, according to many industry insiders...

Chase looks to elevate consumer rewards

From now on, banking institution Chase will offer its customers a 1% Annual Equivalent Rate (AER) interest on their available balance.  Part of its efforts...

Nuapay: How will BNPL adapt in a high-interest high-inflation market?

Writing for Payment Expert, Brian Hanrahan, CEO of EML Payments firm Nuapay, explores how the Buy Now, Pay Later (BNPL) market will manage with...

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