Consumer finance News
Latest conceptually matching events and reports for Consumer finance.
National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.
The National Savings Bank (NSB) has initiated an -wide campaign to promote financial inclusion and digital payment adoption, specifically highlighting the NSBPay and QR-based payment platforms.
Major Retail Shakeup: Iconic Brands Navigate Bankruptcy Amid 2026 Economic Pressures.
The retail industry is facing significant challenges in 2026, with major brands like Saks Global and Fat Brands filing for bankruptcy as they grapple with inflation, shifting consumer spending, and tariff policy uncertainties.
Critics Decry Central Bank's Optimistic Inflation Outlook Amidst Struggles of the Poor.
A sharp critique has emerged regarding the Central Bank's optimistic messaging on inflation targets, with observers arguing that the return of inflationary pressure and currency depreciation disproportionately harms the vulnerable, rendering economic 'success' rhetoric insensitive.
Sri Lanka Launches Zero-Cost QR Payments to Boost Digital Economy.
The Sri Lankan government is set to introduce a zero Merchant Discount Rate (MDR) for QR-based payments to drive digital adoption, with banks absorbing the processing costs to support small businesses.
