Does it surprise you to learn that 66% of Australians now say they can’t live without their banking apps. In fact, a recent study by the Commonwealth Bank also reported that Australians are more likely to delete their social media apps than their banking ones.
If you’re one of the many Aussies looking to make their finances green, then you might want to add B Corp certification to your checklist when deciding on a financial provider.
If you’re looking to move Down Under chances are that you’ll need to open an Australian bank account.
Cards and digital payments are in, cash is out. That’s the major takeaway from newly released research from MyState Bank which found that two in three Australians (68%) have been using less cash since the COVID-19 outbreak began.
We’re back with Mozo’s Monthly Banking Roundup; let’s unpack the latest news.
Let’s be honest, when’s the last time anyone actually visited a bank? And it seems we’re unlikely to ever again, according to new research from Roy Morgan .
Last year was scarily lucrative for online scammers. According to Scamwatch , Australians lost a record-breaking $323 million in 2021 alone, with more than quarter-million reports filed describing different investment, romance, and shopping scams.
Aussie online payment platform, Beem It, is introducing a new app component which allows shoppers to access rewards and special offers – plus the potential to earn cashback on purchases – when shopping with small businesses.
While the holiday season can be a merry time, some also dread its arrival. With family tensions potentially already running high, the financial pressure of gift-giving can add to holiday stress.
When it comes to banks many of us tend to stick with the one we know. At least that was the case until recently - the ongoing global pandemic has forced change upon us. As well as learning new skills and starting new jobs, Aussies have been switching banks too.