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Callcredit receives FCA authorisation
Thursday, 23 February 2017
Callcredit Information Group, one of the UK’s leading credit reference agencies and consumer data management specialists, is pleased to announce that its wholly owned subsidiaries Callcredit Limited and Callcredit Consumer Limited have achieved full Financial Conduct Authority (FCA) authorisation.
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Diversity of the UK over-50s market needs to be acknowledged, says GlobalData
Wednesday, 22 February 2017
The over-50s market is often treated as one segment, but there is huge scope to capitalize upon its diversity by focusing less on age and more on life stage when targeting products and services according to the company’s latest reports: “Targeting the Over 50s with General Insurance” and “Targeting the Over 50s with Life Insurance”.  
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Demand for bridging soars - ASTL Q4 2016 bridging lending figures
Tuesday, 21 February 2017
Demand for bridging loans soared in the last quarter of 2016.  Figures compiled by the ASTL from its bridging lender members defied expectations with the value of bridging loans written increasing 26% in the final quarter of the year compared to the quarter ending September 2016. 
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EY Study indicates positive outlook for the UK, but businesses must operate with caution post-Brexit
Tuesday, 21 February 2017
“Statistics released by Ernst & Young offer positive reading for Britain’s post-Brexit prospects, with the Office for Budget Responsibility’s (OBR) forecast expected to lower borrowing predictions and revise UK GDP up to 1.6% from 1.4%. Nonetheless business leaders must prepare for the long term challenges, as the true impact of Brexit remains unknown and won’t be felt until well after Article 50 is invoked. Business growth and opportunity will become even harder to secure, although UK entrepreneurs remain optimistic about prospects; our research plainly highlighted the challenges with 64% of businesses already seeing Brexit damage potential growth. 
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Silicon Valley Analytics Leader FICO Awarded Eight New Patents for Cybersecurity, AI
Monday, 20 February 2017
Silicon Valley analytic software firm FICO has been awarded eight new patents related to cybersecurity and advanced analytics. FICO now holds 173 US and foreign patents, and has 91 pending patent applications.  
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Callcredit calls on industry to clean up its act following damning Which? investigation
Monday, 20 February 2017
Callcredit Information Group, one of the UK’s leading credit reference agencies and consumer data management specialists, is calling on the data industry to improve its standards following a Which? investigation which revealed evidence of irresponsible behaviour and opaque supply chains.
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Euler Hermes establishes Digital Innovation Lab in London
Monday, 20 February 2017
The Euler Hermes Digital Agency (EHDA) has established a presence in London for the first time with the appointment of Raphael Caruso as Head of the Innovation Lab for Euler Hermes Northern Europe Region, based in the company’s Canary Wharf office in London.  
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NuData Security comments on fraud costing the UK £125 billion each year
Monday, 20 February 2017
Please see below for a reactionary comment from Ryan Wilk, director at fraud prevention company, NuData Security.   “These enormous fraud losses, two-thirds greater than the UK’s entire GDP, are astounding. The magnitude of these losses can’t help but have a dampening effect on the economies of the ten countries studied, and be noticeably impactful to businesses who are experiencing up to 6.5% of losses of expenditure-- a 43% increase in fraud since 2008 per the report. It’s also bad news for consumers, who often bear the brunt of many direct costs (especially in account takeover and new account fraud). It’s absolutely no wonder that consumers are pushing back on companies to improve security, holding them accountable for it, yet still wanting to have a good experience going through the gates.
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Automated Anti-Money Laundering system launched for Credit Professionals
Thursday, 16 February 2017
A fully automated Know Your Customer (KYC) solution for achieving superior Anti-Money Laundering (AML) and Counter Terrorism Finance (CTF) compliance has been launched by Encompass Corporation. The software platform enables Credit Professionals to meet the increasingly demanding regulatory requirements of The European Union’s Fourth Anti-Money Laundering Directive, which must be implemented by the 26 June 2017. 
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The Right Mortgage Network Targets Later Life Lending with specialist Workshop and accreditation
Thursday, 16 February 2017
According to the Office for National Statistics, the number of people aged 75 and over is projected to rise by 89.3%, to 9.9 million, by mid-2039[1], yet, worryingly, the current range of mortgages on offer do not meet the needs of over-55s. With many clients too young for equity release and high-street lenders often saying no to lending into retirement, the needs of the older consumer are not being met within the mortgage industry.  
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Digidentity partners with Smartr365 to provide secure ID verification service
Wednesday, 15 February 2017
Digidentity, the UK’s leading identification verification service, have announced an innovative partnership with recently-launched financial technology platform Smartr365 to provide fast, safe ID verification when it is needed the most. 
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