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Atradius reports that payment default in Eastern Europe is expected to worsen
Thursday, 25 May 2017
Businesses trading with customers in Eastern Europe are being warned to expect a potential increase in payment defaults, reports a new paper by trade credit insurer Atradius.  
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Businesses warned to prepare with one year until data protection law change
Thursday, 25 May 2017
Information Commissioner Elizabeth Denham has today told businesses there’s no time to delay in preparing for “the biggest change to data protection law for a generation”.
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Premier League clubs owe £1.3million in unpaid invoices
Thursday, 25 May 2017
Data released today in Creditsafe’s Prompt Payment Premier League, has revealed English Premier League Clubs have overdue invoices totalling £1.3million and 20% are late by 20 days or more beyond the agreed payment terms.
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Q1 2017 sees large increase in development finance enquiries, says First 4 Bridging
Wednesday, 24 May 2017
First 4 Bridging (F4B), the development finance and bridging loan master broker and specialist distributor, has today (24th May 2017) revealed it has seen a significant rise in development finance enquiries in the first quarter of 2017.
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April mortgage sales plummet by £2.6bn
Tuesday, 23 May 2017
Mortgage sales for the UK fell by £2.62 billion in April, down 16.0% on the previous month, according to Equifax Touchstone analysis of the intermediary marketplace.  
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Cybersecurity Survey Shows Investment Will Lag Growth in Attacks at UK Companies
Tuesday, 23 May 2017
Less than half of UK firms will increase their investment in cybersecurity protection to match an expected rise in data breaches, according to a new survey conducted by research and consultancy firm Ovum for Silicon Valley analytics firm FICO. Less than half of executives surveyed believe their company will have stronger cybersecurity protection in a year. 
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Security expert responds to BBC fooling HSBC voice recognition security system
Monday, 22 May 2017
Lead Security Evangelist at Positive Technologies, Alex Mathews said:  “Biometrics were introduced to try and overcome the issue of PINs or passwords that hackers were able to circumvent with alarming regularity. However, as the BBC report highlights, biometric authentication alone can also be fallible.  As is always the case with security, a layered approach is best.  Rather than relying on it as a sole authentication method, it should be used as an additional tool, in tandem with other security practices."
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Lithuania to join the OECD Anti-Bribery Convention
Monday, 22 May 2017
Lithuania has taken an important step on the road to OECD membership by completing the process to become a member of the OECD Anti-Bribery Convention. Lithuania will become the 42nd Party to the OECD Anti-Bribery Convention on 15 July 2017, 60 days after the deposit of its instrument of accession. The Ambassador of Lithuania to France, Dalius Čekuolis, deposited Lithuania's instrument of accession to the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions at the OECD Headquarters in Paris on 16 May, 2017.
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BTL PORTFOLIO LENDING ACTIVITY LIKELY TO INCREASE POST-PRA UNDERWRITING CHANGES
Wednesday, 17 May 2017
The market for portfolio buy-to-let lending is likely to increase following the introduction of the new PRA underwriting changes which authorised lenders will need to have in place by the end of September. 
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Elevate UK bolsters data science
Wednesday, 17 May 2017
Elevate Credit International Limited (‘Elevate UK’), the business trading as online lender under the Sunny brand in the UK, today announces the appointment of three new members to its risk and data science team.  
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Hope Capital's Jonathan Sealey comments on the CML's figures
Wednesday, 17 May 2017
Jonathan Sealey, CEO of Hope Capital, says, “It is clear that as well as remortgage activity which is up in terms of both value and volume, demand from first-time buyers is continuing to drive the housing market, with many using low interest rates to get onto the property ladder. In fact, more first-time buyers bought a home in 2016 than in any year since 2007. This highlights how these buyers are keeping the housing market solid, and each transaction has an impact further up the chain and is also helping to drive levels of housebuilding. 
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