Sat.Jan 27, 2024

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Savings passbooks popular as Britain turns to cash amid cost of living crisis

TheGuardian

While some banks and building societies scrap system, others report increase in usage by customers While some banks are scrapping passbook savings accounts amid suggestions they are past their sell-by date, other providers have reported an increase in their usage as people turn to cash to help them manage the cost of living. Newcastle building society said that in 2023 it issued about three times as many passbooks as it did in 2021, and that it is getting new customers on the back of decisions b

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Big tech layoffs balloon in January | PayPal unveils AI-based products | Swedish Fintech Klarna Eyes for an US IPO

Bussman Advisory

This week’s must-know stories in the FinTech, AI and Digital Asset space: Big tech layoffs balloon in January PayPal unveils AI-based products Swedish Fintech Klarna Eyes for an US IPO Plus, 9 more exclusive stories to help you stay ahead of the curve! The latest edition of the FinTech Ecosystem Newsletter is here : Join our Community Join our community of 52,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provide

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