New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst
Fidelity National Information Services, Inc. (FIS)
Last fidelity national information services, inc. earnings: 2/13 07:00 am
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Source: Business Wire
Key factsHalf of UK consumers surveyed said they are “obsessed” with checking their banking apps and balances, according to new FIS research.Eight in 10 UK consumers are utilising financial apps - online banking and mobile wallets being the most common.Mobile banking is the top reason for respondents’ loyalty to their primary bank across all generations surveyed. LONDON--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has conducted new research showing that widespread financial anxiety among UK consumers has led to a phenomenon known as 'financial doomscrolling’ - a term describing the excessive monitoring of account balances and banking apps.Amid a period of political and economic uncertainty, 51% of the consumers surveyed said they are “obsessed” with checking their financial apps, with 63% of Generation Z (18-27-year-olds) and 64% of Millennials (28-42-year-olds) experiencing this habit.The new research by FIS involved a survey of more than 2,000 consumers f
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FIS
Earnings
- 8/6/24 - Beat
FIS
Sec Filings
- 9/20/24 - Form 8-K
- 9/5/24 - Form 4
- 8/27/24 - Form 4
- FIS's page on the SEC website