Featured Article: ‘Robinhood’ … What’s all this fuss about ‘Robinhood’?
In the light of the recent controversy over GameStop shares, we take a look at the growing trend for casual, amateur investing and how the Robinhood app has enabled this. Robinhood Robinhood is a is a free-trading app that lets any investor trade stocks, options, exchange-traded funds, and cryptocurrency without paying commissions or fees. Robinhood is paid […]
Grindr in Norway Fined £8.5M
The LGBTQ+ dating app Grindr in Norway was issued an £8.5m penalty for the alleged sharing of users’ sensitive personal data with third-party advertisers without obtaining appropriate consent. Complaint The fine is the result of a legal complaint by the Norwegian Consumer Council (Forbrukerrådet) last year, where it expressed concern that users of the app […]
Contactless Payment Limit Could Be Raised to £100
The Financial Conduct Authority (FCA) has asked the UK Treasury to consider increasing the maximum contactless payment to £100. Changing Payment Behaviour The move away from handling cash due to its potential infection-passing risk, and the lockdowns making consumers less likely to visit ATMs or town centres have led to a move away from cash […]
Poorest People Excluded By Broadband Prices
A survey by Citizens Advice has found that more than one in six people are struggling to afford their broadband during the third lockdown and that poorer people are locked out altogether. Certain Groups Worst Hit Citizens Advice, which also conducted a similar survey during the first lockdown, found that the groups struggling most with […]
