People with poor credit scores are struggling to secure a home, open a bank account, get car insurance or a mobile phone contract, the research revealed.
Mobile banking has seen monumental growth in the past 12 months amongst Halifax customers, with almost a 100% increase in the number of logins via mobile in March 2015, compared to the same month in the previous year, according to the latest Halifax Digital dashboard.
Consumers are embracing the digital age when it comes to their spending habits, favouring card and electronic payments over the more traditional methods of cash or cheque.
With Easter and summer holidays fast approaching, David Mann, money expert at uSwitch.com shares his tips on the best five credit cards to make the most of your money when not only booking travel, but also when travelling:
Around 1.6 million people have switched their accounts since the seven-day current account switch guarantee scheme came into force in September 2013, but people are still reluctant to change bank accounts according to research from Gocompare.com, with 40% admitting that they have never switched.
Halifax trials explore how wearable technology could be used to enhance customer security, streamline the digital banking experience, and enable customers to access, and benefit from, the products and services they need to make the most of their money.
TSB has improved mobile access for customers this week, by launching a new and improved mobile banking app for Android and Apple smartphones and tablets.
Halifax is increasing its already popular switching offer for a limited period, offering a £125 reward for customers who switch their current account to the bank using the Current Account Switch Service (CASS).
More than £26 million has been sent using Paym, the simple and secure way to pay using just a mobile number, since its launch on 29th April 2014.
There are now more than 69,000 cash machines in the UK – up 58% from the 43,600 ATMs that we had access to in 2003.
A quarter of British adults (26%) say that they are currently overdrawn on their current account - according to new research carried out on behalf of budgeting account provider thinkmoney - that’s the equivalent of more than 13 million people across the UK.
Global employee engagement is on the increase, although levels have remained the same in Europe in the last accountable year, according to the Aon Hewitt Employee Engagement survey.
Expats paid in US dollars and currencies linked to the US dollar are sitting pretty when it comes to planning their 2015 property purchases in the UK and Europe. Over the last 12 months, as the US economy has recovered and the Eurozone slumped, currencies have moved to reflect these changes.
Lloyds Bank launches a new travel notification service for online and mobile banking customers, which enables customers to notify the bank when they are going abroad.
Sainsbury’s Bank Travel Money is holding its first 48 hour rate sale of 2015, beginning at 9.30am, Monday 12th January and ending at 9.30am, Wednesday 14th January.
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