Consumer’s creditworthiness awareness set to drive change in dealer finance
When it comes to financing a used car purchase, 32% of people would not consider finance from a dealer, 31% of people would consider finance from a dealer, 33% of people would choose a High St Bank/Building Society. These numbers from MotoNovo’s recent Attitudes to Car Buying Research suggest a modest shift by consumers away […]
Westerra credit union partners with Backbase
Westerra Credit Union is a leading Colorado financial cooperative. They have announced that it has partnered with Engagement Banking technology provider, Backbase. This is to accelerate its digital transformation journey. The collaboration will see Westerra adopt Backbase’s Digital Sales and Digital Banking solutions. So that this can provide omnichannel solutions for retail and business banking […]
The role of sustainable reporting in 2021
The last 20 years have seen a greater focus on the non-financial aspects of business such as social value, environment, CSR (Corporate Social Responsibility) or ESG (Environmental Social and Governance) agenda. These have pushed organizations to a balanced approach to strategy, growth and investment. The UK Government set the ambition of achieving net-zero carbon by […]
EU starts debate on budget rules
The European Commission opened a debate on how to reform the European Union’s fiscal rules. So that they can deal with a pandemic-induced surge in public debt and with the huge investment needed to fight climate change. European Economic Commissioner Paolo Gentiloni said that they are re-launching this review of their economic governance against a […]
Africa calls for climate finance tracker
African countries want a new system to track funding from wealthy nations that are failing to meet a $100-billion annual target. Africa’s lead climate negotiator said that this is to help the developing world tackle climate change. The demand highlights tensions ahead of the COP26 climate summit. The world’s 20 largest economies, which are behind […]
Asia curbs sales growth at Kering’s Gucci
French luxury group Kering’s star fashion brand Gucci grew sales by just 3.8%. This happened just in the third quarter. The pace of recovery from the pandemic has slowed down sharply, particularly in Asia. Luxury goods groups have bounced back strongly from the fallout of this Covid. This is because people across the world are […]