Consumer's use of apps

Updated: Oct 1

Within days of its release the NHS Covid App exceeded 10 million downloads and a week on it has now surpassed 14 million downloads. A staggering number despite its well-publicised failings, data security concerns and ‘old tech’ incompatibility. In the same week Open Banking celebrated the achievement of just 2 million users in respect of its Ecosystem, and most of those are likely to be sales driven. What does this tell us about our industries attitude to financial health and debt prevention?

Millions of consumers are facing redundancy, reduced cash-flow, financially related stress and depression.

Millions of consumers would benefit from any one of the currently available financial management apps designed to help them understand and manage their income and outgoing.



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