Monevo August Newsletter
Stay on top of global developments in the fintech industry with our newsletter. Bringing our expert insights and updates straight to your inbox.
From Monevo:
Improving customer outcomes with open banking transaction data
Brandon Wallace , Product Manager at Bud , a leader in transaction data intelligence, discusses leveraging transaction data for better customer outcomes throughout the lending lifecycle. Discover how open banking transaction data can be used to provide personalised lending solutions while meeting regulatory requirements, improving customer outcomes, and boosting profitability in the lending industry. Read the full article for valuable insights into the future of customer-centric lending powered by data.
The 2025 Fintech Pledge has achieved more than 15 million actions
We were also pleased to share that the 2025 Fintech Pledge has achieved more than 15 million actions towards its 25 million actions goal! We are one of more than 55 businesses that have joined the campaign. The Pledge helps UK consumers strengthen their financial resilience by driving unprecedented cross-industry collaboration and connecting consumers to financial technology platforms that make savings work harder, improve credit scores, manage and consolidate debts, lower bills and household outgoing costs and determine if they are entitled to benefits and financial aid.
From the US:
Wall Street follows FTSE higher as US inflation falls to 2.9%??
Discover how the latest US and UK inflation data impacts global markets and what it means for interest rates. Gain insights from expert analysis and learn where to invest in a falling interest rate environment. Take advantage of this comprehensive update on the global economy's movement.
Credit card users struggle with inflation??
Are credit card users struggling with inflation and high interest rates? Find out why more than half of U.S. credit card holders are not financially healthy and how this is impacting their financial well-being. Read the insights from JD Power's annual credit card survey and understand the challenges faced by American consumers in managing their credit card debt.
Tackling Marketing Implications of Inflation??
Uncover Three Effective Strategies for Navigating Marketing in an Inflationary Environment in 2024. Learn how to fine-tune your audience strategies, tailor your messaging to cost-conscious consumers, and make your media dollars work smarter. This insightful article provides valuable tips for marketers facing the challenges of today's economic landscape.
From the UK:
UK economy grows 0.6% - as general election and strikes partially blamed for flatline in June.
??Despite flatlining in June, the UK economy grew 0.6% and became the fastest-growing among G7 nations. Learn about the impact of the general election, strikes, and international disputes on the country's economic performance and the implications for the new government's financial strategy.
Outstanding balances on credit cards grow by 8.5 per cent
??Check out the latest UK Finance card spending data for May 2024, revealing fascinating insights into credit and debit card transactions, contactless payments, and more. Find out how outstanding balances, total spends, and contactless transactions have evolved over the past year.?
A New Dimension of Data: How Geodemographic Data Can Enhance Marketing Outputs
??In this exclusive interview with Ayelet Palmore, Director of Product Marketing at TransUnion , uncover the secrets of leveraging cutting-edge insights to revolutionise your marketing strategy. Explore CAMEO and similar solutions to enhance customer personas, shape marketing strategies, and maximise audience targeting. Gain expert insights into adtech and delivering the right message to the right audience at the right time.
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