How COVID transformed US consumer spending habits
Consumers in developed countries spent excessively on appliances, automobiles, and furniture....
Tag : consumers
Study shows 75% of consumers positive about Dubai economy
Government initiatives coupled with reforms have improved employment and personal finances in the emirate...
The rising challenges and opportunities of cross-border trade
In a nutshell, it is important for merchants to fully understand the factors driving frictionless cross-border trade in order for them to capitalise on the moment....
One-in-three chance of London house price crash: Reuters poll
Real estate specialists took part in the poll, which predicted that house prices in London could tumble if Britain leaves the European Union without striking a deal...
Bank of England’s MPC votes to increase interest rates
This marks the second time the interest rate have been raised in the last decade...
Access to credit for ‘unscoreable’ consumers and entrepreneurs
New agreement between FICO and EFL can help millions of consumers in emerging markets October 26, 2016: As part of its FICO Financial Inclusion Initiative, analytic software firm FICO has announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL’s...
UK millennials uneasy sharing personal info to open bank accounts
Nearly half of respondents expressed security concerns about entering and viewing banking information on a mobile device October 21, 2016: A new research report released found that while millennials depend on their digital devices, they are still uneasy sharing personal information to open bank accounts. The report, UK Millennial Study: Privacy vs. Customer Experience in...
Bank consumers: Focus on service to keep me loyal
Majority of consumers feel providers don’t value them October 21, 2016: A report released by marketing technology company, Wiraya highlights that businesses need to overhaul the way they communicate with customers or risk losing them to rivals. An overwhelming 86% of customers who left their bank, energy, mobile or insurance provider in the last six...
To mitigate the cost of property insurance, harden your home
Cost impacted by global catastrophe experience as well as local June 16, 2015: Consumers, legislators, journalists and others anticipating a decrease in property insurance rates due to several mild storm seasons should consider that other influences on catastrophe property reinsurance costs offset the mild seasons. In an environment where the typical Florida property insurance company reviewed and...