What do older people need from banks? How do freelancers and zero-hour contractors manage their money? What are financial services doing to make customers feel like part of a community? And how can people save more strategically?
Gen Yers came of age during one of the worst global financial crises, got saddled with a record amount of student debt, and are worse off than their parents were at the same age. So how are they managing the money they owe? And how have attitudes towards borrowing changed for this cohort?
With the number of people aged over 65 set to double in the next 25 years, it’s becoming increasingly important for banks to cater to the UK’s ageing population. What are they doing to stay age-friendly? And how can businesses meet the financial needs of their elderly customers?
With the pound’s value weaker now than it was at the peak of the financial crisis in 2009, money woes are hitting hearts just as hard as wallets, causing 72% of Brits to pinch pennies. Canvas8 sat down with 20 men and women from across the UK to find out what they cut back on when money’s tight.
UBS Planet Art: art trends at the touch of a button
case study·
4 Nov 2016
The art world is famously opaque; to outsiders, the value of masterpieces can rise and fall seemingly at a whim. But with collector interest growing worldwide, banks are now looking to make investing in this market easier. How is UBS’ Planet Art app helping to make the industry more accessible?
The AmEx Black Card boasts a range of exclusive perks, but with the cost of signing up and retaining it prohibitively high, owning one is a pipedream for most people. Magnises offers a high-end, low-cost alternative that comes complete with insider experiences and a curated community.
Nearly seven in ten Americans have less than $1,000 in their savings accounts, and 34% have nothing set aside whatsoever. Conserving cash can be difficult, but finance app Digit wants people to leave it to a bot. How has it managed to save people over $230 million in just 18 months?
Honest Dollar: a simpler way to save for the future
case study·
3 Nov 2016
Starting a retirement plan sounds like next level ‘adulting’, but with one in three Americans having no money in their nest egg and people living longer, it’s a vital financial consideration. Honest Dollar is hoping to provide the answer with affordable ways for SMEs to help employees start saving.
There are lots of ups and downs to working on an adjustable schedule – doing double overtime one week, scrambling for a job the next. There’s now a new way to handle the financial instability of irregular employment – Even, an app that helps people with a variable income maintain a stable cash flow.