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How fintech is revolutionising the financial world

The word ‘fintech’ pops up regularly in conversations centred on innovation, trade, finance and disruptive technologies. But don’t be fooled, it’s not just a buzzword. According to Accenture investment in fintech increased from $930 million in 2008 to more than $12 billion by early 2015, and is growing by the hour. What exactly is fintech? […]

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Will we still have SEPA after Brexit?

At the time of writing, Brexit negotiations are still very much up in the air. One arm of the political throng is poised to steer the UK down a path that will see us maintain a close relationship with the EU, whilst the other is adamant that Britain will leave without such an agreement. At […]

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Reducing membership churn for your gym

The fitness industry is booming. One in seven people across the UK now possesses gym membership. Despite this, a report from Mintel found that gyms lose around 50% of their members each year. Membership churn, also known as attrition rate, is a growing problem for long-established gym chains, who are fiercely battling an upsurge of […]

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Top tips for managing your energy bills

Bills are just another complicated component to add into the intricate web of adulthood. There’s no avoiding them. But managing them doesn’t have to be as stressful as your acquaintances may have you believe. Here are some top tips for managing your energy bills:   Set yourself up on a direct debit Yep – we’re […]

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Why outsource your Direct Debit administration?

Direct Debit is the most popular collection method for memberships and subscriptions. If you run a gym, an energy company or a magazine subscription service, then it’s likely that Direct Debit is responsible for generating your primary revenue stream. But like any mundane finance task, Direct Debit management isn’t as cut and dry as dipping […]

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Is open banking safe?

What is open banking? It’s a term most of us have heard of, but few really know what it means. Though you’ve probably seen stacks of open banking services advertised without even realising it. For the uninitiated, open banking is the sharing of transactional data with third-parties outside of an individual’s personal bank. Under new […]

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Are health and wellness trends here to stay?

Whilst our slow-burning global economy doesn’t seem to be making any wild shifts in gears any time soon, the fitness industry hasn’t felt the brunt in the slightest. On the contrary, in fact. 1 in 7 people are gym members. The estimated total market value is almost £5 billion in the UK, up 2.9% from […]

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Data protection in finance is of the highest importance

Many people think that banks and financial services were the first in the line for financial scrutiny after GDPR came into force – and they’re not wrong. Due to the nature of the sector, financial matters require processing of vast amounts of personal information that is usually very sensitive. The fines for non-compliance are eye-watering […]