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Personal Finance

This group would contain articles related to personal finance

Amita Choudhary

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

Building Credit for Your Small Business

Your credit score is one of the many numbers that can have a direct impact on whether or not your business will succeed for the next five years. This includes both your personal credit score and the credit score of your business, both of which need to be cultivated if you want to boost the amount of credit you have available. And that’s a good goa...

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Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Financial Optimization - Core business of a bank?

You could argue that the main role of a bank is to increase the buying power of its customers, i.e. support their customers in increasing their assets. This can be through credits or investments. Both solutions make purchases possible, which can give a positive return in the future, i.e. an investment is a purchase of a financial product aiming to ...

/retail

Retired Member

Retired Member 

6 Free Tips on How to Improve Consumer Experience in Debt Collections

Even if a consumer fails to pay their debt, you shouldn’t stop serving them. Now, more Americans than ever have debts, as the statistics shows, which should not be a surprise whatsoever; in these challenging times, people seek to save more for a rainy day. At this point, lenders should preserve a top-level quality of the service and continuously de...

/payments /wealth

Jonathan Westley

Jonathan Westley Chief Data Officer, Experian UK & EMEA at Experian

Consumer contributed data: a welcome boost for credit scores

We all love a subscription. Whether that’s bingeing on the latest box set available on Netflix or Prime, or enjoying a craft ale from your monthly beer box – the popularity of these services have grown significantly over the last decade. In fact, recent research revealed that the UK spends over £550 a year on new subscription services and signs up...

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Thomas Pintelon

Thomas Pintelon Head of Strategy at Capilever

Some novel ways to activate savings and fight economic recessions

With skyrocketing savings all over the world, an economic crisis is difficult to avoid as consumption drops and investments are generally postponed. While at first sight these unused savings seem to be a jackpot for banks in terms of increasing net interest income (= difference between credit interest payable, and debit interests receivable & l...

/wealth /retail

Peter Davidson

Peter Davidson Business Consultant at Self Employed

Learning About Personal Finances and Investing During the Covid-19 Lockdown

While some countries are gradually easing lockdown measures (with some restrictions remaining in place), other countries, such as the United Kingdom or India, are extending coronavirus lockdown to better protect their population and stop the propagation of the virus. When Covid-19 quickly spread outside of China to the world earlier this year, m...

/wealth /covid-19

Amita Choudhary

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

Is It the Right Time to Invest in Gold?

With the way things have been moving around the world over the last year, many people have been looking at alternative ideas for their income and exploring new options. Apart from starting a business, investing in existing ventures is another popular idea that’s been enjoying a lot of attention. But of course, it’s something that has to be approac...

/markets

Retired Member

Retired Member 

What banks should know about PFM development in 2020?

Not so long ago statistics showed low adoption levels on Personal Finance Management (PFM) systems. Indeed, the 10-12% adoption rate can hardly be a strong motivation for banks to invest in PFM development. But the financial industry is changing, shaped by customers, who are looking for some financial coaching instead of financial education. I

/devops

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Will the cumbersome administrative tasks for your financials finally be a thing of the past?

PFM, BFM, Financial Butler, Financial Cockpit, Account Aggregator…​ - Will the cumbersome administrative tasks on your financials finally be taken over by your financial institution? 1. Introduction Personal Financial Management (PFM) refers to the software that helps users manage their money (budget, save and spend money). Therefore, it is oft

/retail

Retired Member

Retired Member 

Best Budget Apps and Personal Finance Tools for 2019

Keeping track of your budget is easier than ever in 2019, thanks to the various tools that have arrived on the market to fill this niche. However, the huge availability of products can be a bit overwhelming at times. If you want to keep your budget in check but are not sure where to start, here are some suggestions for great personal finance tools...

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