The COVID-19 pandemic has had numerous far-reaching impacts on societies and economies around the world. Among these impacts, one of the more unexpected yet beneficial developments has been the shift in financial behavior among UK consumers, particularly in terms of credit card usage. An analysis conducted by the global analytic software leader FICO has revealed that during the pandemic, UK
Real-time payments (RTP) are revolutionizing financial transactions in the UK, offering faster and more efficient ways to send and receive money. Despite the convenience RTP provides, there are significant concerns among consumers about the security of these transactions. Recent findings from FICO indicate that 23% of UK consumers doubt the efficacy of security checks in RTP processes, highlighting a critical
The phenomenon of Asus RTX 5090 graphics cards selling out rapidly, despite soaring prices, has been particularly bewildering to many industry observers. A notable instance occurred when a Micro Center store in Dallas received a shipment of Asus RTX 5090 Astral LC cards priced at a staggering $3,720, well above Nvidia’s Manufacturer’s Suggested Retail Price (MSRP) of $1,999. Doubts about
Managing credit card bills can often be a source of stress for consumers, especially with multiple options for payment. Understanding that timely payments are critical to maintaining a good credit score and avoiding unnecessary charges, SBI offers a plethora of payment methods. This guide highlights some of the most convenient online and offline ways to pay an SBI credit card
Digital payments have become the dominant method for retail transactions in Pakistan, with 88% of the transactions now conducted through digital channels such as mobile banking apps, BB wallets, and e-money wallets. The State Bank of Pakistan (SBP) reported a significant rise in digital payments, with 1,450 million transactions amounting to Rs. 24 trillion, indicating a 12% increase in volume
Solana (SOL), the sixth-largest digital asset, finds itself at a crucial juncture with potential for a significant price decline. Despite strong social media optimism surrounding this asset, technical indicators point towards a possible 16% price drop. Notably, crypto market analyst Ali Martinez has identified $125 as a key support level for SOL. If this level is breached, further declines are
International visitors can now enjoy hassle-free, cashless transactions across Thailand with TAGTHAi EASY PAY, a new e-wallet designed for convenience and security. Developed by TAGTHAi in collaboration with Kasikorn Bank, this digital payment solution enables tourists to make payments easily using Thai QR Payment at thousands of locations nationwide. This advancement signifies a notable shift toward digital and cashless solutions
In modern wealth management, staying relevant and meeting client expectations poses a significant challenge. Wealth advisors are grappling with rapidly changing demands, where clients now expect highly tailored insights, immediate responses, and continuous availability, especially during periods of financial uncertainty. According to recent research by LSEG, 68% of clients value a comprehensive view of their assets and liabilities, while 33%
As Tap to Pay technology continues to gain momentum, businesses and consumers alike are beginning to experience its benefits. This rapidly evolving payment method allows merchants to process digital wallet transactions directly through iPhones, potentially disrupting traditional Point of Sale (POS) systems. The shift toward this new technology prompts questions about whether it could eventually replace established POS systems entirely.
Cryptocurrency has rapidly become a mainstream investment option, with enthusiasts and investors alike being drawn to its decentralized nature and potential for exceptional returns. Unfortunately, as digital currency adoption continues to rise, so too does the prevalence of sophisticated scams targeting unwary investors and traders. Fraudsters are continually evolving their tactics, exploiting a variety of trusted platforms to deceive their
Recent claims on social media suggesting that Norway and Sweden are reverting to a cash-based economy from digital transactions are erroneous. These misconceptions stem from the Scandinavian countries’ advice for their citizens to maintain cash reserves as a preparedness measure for potential digital banking crises, rather than a complete shift away from electronic payments. The primary concern revolves around the
Dogecoin, the cryptocurrency that started as a joke, continues to surprise the market with its resilience and popularity. Recently, Dogecoin experienced a 5% price jump, thanks to an announcement from the Dogecoin Foundation. The Foundation unveiled the establishment of the “Official Dogecoin Reserve,” a strategic initiative aimed at bolstering the stability and institutional appeal of the cryptocurrency. This move involves
