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Fintech start-up Lanistar drops celebrity backer claims after 3,000 Instagram influencers were paid to promote its debit card Lanistar signed up footballer Kevin de Bruyne and Love Island’s Amber Gill It claimed to be ‘part-owned’ by ‘influential people’ in its launch campaign But the company has since dropped those claims Lanistar could not say how … Read more
FCA takes down Lanistar warning notice after the fintech firm pledges to make clear debit card marketed by influencers won’t launch until January Lanistar launched a viral marketing campaign last week to drum up interest It claimed its debit card would be the ‘world’s most secure’ The FCA warned last Wednesday it was operating without … Read more
A fintech start-up which paid more than 3,000 influencers including Premier League footballers and Love Island stars to promote a debit card it claimed would be ‘one of the world’s most secure’ has been accused by the financial regulator of peddling its products without authorisation. The Financial Conduct Authority issued a warning about Lanistar, which … Read more
NatWest introduces gambling block on debit cards giving customers with betting addictions a 48-hour cooling-off period before they can make payments The move is to help customers with gambling addictions control their spending People have to wait two days before they can make gambling-related payments During this period of time attempted transactions will be automatically … Read more
Record £59.1bn spent on debit cards in July amid signs that coronavirus is accelerating shopping on the internet By Daily Mail City & Finance Reporter Published: 21:50 BST, 16 October 2020 | Updated: 21:50 BST, 16 October 2020 A record £59.1billion was spent on debit cards in July amid signs that the pandemic is accelerating … Read more
Most British holidaymakers were previously resigned to the fact that they won’t be able to head abroad this summer due to the coronavirus pandemic causing travel havoc. However, reports suggest that the Government is mulling potential ‘air bridge’ countries which could see Brits head abroad to low-infection countries without facing quarantine on their return to the … Read more
Samsung Pay expands to take on rival Apple with launch of branded debit card this summer Samsung Pay launched in 2015, but was a digital service on the smartphone Now, the firm is rolling out a branded debit card to users this summer The card will also support a cash management account with SoFi The move … Read more
I need a TV licence refund but the website says it’s not possible due to coronavirus: Should I cancel my direct debit instead? The TV Licensing website says people can not cancel their licences currently It asks people in financial trouble, to cancel their Direct Debit instead It added it will backdate any payments for … Read more
Simple touch: Morses Club agents use tablets to make form-filling easier Doorstep lenders are a controversial bunch, often criticised for charging too much and harassing late-payers. Their reputation has been further tarnished by high-profile revelations about payday lenders, offering fast bucks online but forcing borrowers to pay extortionate amounts of interest in return. The payday market … Read more