Risk – CCR

TransUnion Shares Insights and Expertise to Help Businesses in Navigating Consumer Duty

TransUnion has today unveiled a new advisory paper, “Thriving in the Age of Consumer Duty: Strategies for Success,” to support businesses as they...

by Stephen Kiely
July 28th, 2023

Helping Customers Optimise and Secure Digital Transformation

Rewind a couple of years and enterprises were heavily focused on acquiring new tech to drive forward their digitisation plans. Then, when the pandemic struck,...

by Stephen Kiely
July 28th, 2023

Dun and Bradstreet comment: UK ad spend remained flat in Q1 2023

This morning the latest AA/WARC Expenditure Report revealed that UK ad spend remained flat in Q1 2023, with year-on-year growth of 0.1 per cent, to reach a...

by Stephen Kiely
July 27th, 2023

MorganAsh adds triage service for annuities to MARS vulnerability tool

MorganAsh has added a new triage service to its MARS vulnerability software, to help financial advisers identify when to obtain an annuity quotation for a...

by Stephen Kiely
July 27th, 2023

These are property market pockets going against the grain of a cooling market

The latest research from digital property pack provider, Moverly, has revealed that while house prices may be cooling during this period of economic turmoil,...

by Stephen Kiely
July 26th, 2023

High demand for Just Mortgages with 52 self-employed broker applications in Q2

Leading national brokerage Just Mortgages has revealed it received 52 applications from brokers to join its successful self-employed division in Q2. Applicants...

by Stephen Kiely
July 26th, 2023

Mann Island Finance Lending Hits £1bn

Mann Island Finance’s live lending book has now hit the £1bn milestone. Since its first steps into lending in 2015, the business has lent over £2.3bn to...

by Stephen Kiely
July 25th, 2023

FICO Recognized by Chartis as Enterprise Fraud Solutions Category Leader for Fourth Consecutive Year

Global analytics software firm FICO today announced that it has been named a category leader for enterprise fraud solutions for the fourth year in a row in...

by Stephen Kiely
July 24th, 2023

Landbay reduces pricing across fixed rate product range

Specialist buy-to-let lender Landbay has had a major price restructure across its fixed rate product range with reductions from 0.30% to 0.70%. Product...

by Stephen Kiely
July 24th, 2023

Overall Fraud at Pre-Pandemic Levels But Advance Fee Fraud Growth a Concern

“The latest fraud figures from the Office for National Statistics reveal that overall fraud rates have returned to pre-pandemic levels. This would align with...

by Stephen Kiely
July 24th, 2023

Consumer Duty Regulation Could Drive Competitiveness in the Banking Sector

The Financial Conduct Authority’s (FCA) final rules and guidance for a new Consumer Duty will set higher and clearer standards of consumer protection across...

by Stephen Kiely
July 21st, 2023

All regions show annual yield increases for second quarter in a row – Fleet Mortgages’ Rental Barometer

Fleet Mortgages, the buy-to-let specialist lender, has today released the latest iteration of its Buy-to-Let Rental Barometer covering Q2 2023 rental yields...

by Stephen Kiely
July 21st, 2023

Foundation Home Loans launch new five-year buy-to-let Limited Edition fix

Foundation Home Loans, the intermediary-only specialist lender, has today launched a brand new five-year, Limited Edition fixed-rate product as part of its...

by Stephen Kiely
July 21st, 2023

Recognise Bank Launches New Professional-Buy-to-Let Discounted Tracker Products

Recognise Bank, a leading provider of financial solutions for SMEs, is proud to announce the launch of two professional-buy-to-let (PBTL) discounted tracker...

by Stephen Kiely
July 21st, 2023

June retail sales – last hurrah?

Retail sales volumes rose an estimated 0.7% in June, following a rise of 0.3% in May. Non-store retailing sales volumes rose by 1.0% in June driven by strong...

by Stephen Kiely
July 21st, 2023

Hanley Economic BS makes seven-day FMA commitment

Hanley Economic Building Society has committed to providing its intermediary partners with a minimum of seven days to submit a full mortgage application (FMA)...

by Stephen Kiely
July 20th, 2023

Estate agency AML fines on the rise due to difficult market conditions

The latest analysis by Credas Technologies, the leading identity verification checks provider, reveals that the average Anti-Money Laundering (AML) fine issued...

by Stephen Kiely
July 19th, 2023

UK Inflation: a turning point?

Month-on-month inflation slowed in June, coming in at 0.1%. However, annualised inflation slowed to 7.9%, from 8.7% in May, the lowest it’s been since March...

by Stephen Kiely
July 19th, 2023

Money Advice Trust responds to latest inflation figures

The Office for National Statistics has today published its latest Consumer Prices Index, which shows the rate of inflation fell to 7.9% in the 12 months to...

by Stephen Kiely
July 19th, 2023

Inflation comment

Commenting on this morning’s inflation figures, falling to 7.9% in June, Simon Webb, managing director of capital markets and finance at LiveMore, commented:...

by Stephen Kiely
July 19th, 2023

MorganAsh adds protection triage service to MARS vulnerability tool

MorganAsh has added a new triage service to its MARS vulnerability software, to help mortgage advisers to identify and assess the protection needs of their...

by Stephen Kiely
July 19th, 2023

Placement Students Join Jaywing’s Consultancy Division

Leading risk and data science consultancy, Jaywing, is pleased to announce the addition of two new placement students to its consulting team, Abisola Akinjole...

by Stephen Kiely
July 18th, 2023

£55bn worth of new homes started in the last year

Research from Sourced Franchise, the UK’s leading property investment platform, reveals that work was started on £55 billion worth of new-build homes in...

by Stephen Kiely
July 18th, 2023

FICO Fraud Report Reveals Global Trends in Application Fraud, Scams and More

Analytics software leader FICO has just released a report from its Global Fraud Consulting team that reveals trends in application fraud, scams and other fraud...

by Stephen Kiely
July 17th, 2023

Landbay launches new limited edition range of fixed rate products

Landbay has launched a new limited edition range of 18 standard five-year fixed rate products with rates starting at 5.15%. The specialist buy-to-let lender...

by Stephen Kiely
July 13th, 2023

Flow of dirty money into emerging regulated firms is increasing

The flow of dirty money into emerging regulated firms is increasing, with more than a third (36 per cent) reporting a rise in the number of Suspicious Activity...

by Stephen Kiely
July 13th, 2023

Second charge mortgage new business volumes fell by 9% in May 2023

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at...

by Stephen Kiely
July 13th, 2023

Together achieves second month lending over £100m of bridging loans in 2023

Together today announced lending of more than £106 million in short-term finance across the business – the second time this year that the specialist lender...

by Stephen Kiely
July 12th, 2023

UK Finance and Cifas launch lessons to prevent young adults from becoming money mules

Data released today by Cifas and UK Finance reveals that in the first six months of 2023 there were 17,286 cases with intelligence indicating money mule...

by Stephen Kiely
July 12th, 2023

New data show UK businesses believe they are resilient

More than a fifth (22%) of UK business leaders now believe their business to be “extremely resilient”– suggesting organisations in the UK have learned to...

by Stephen Kiely
July 12th, 2023

Recognise Bank hits record-breaking performance in bridging loan volumes

Recognise Bank, a top financial solutions provider for SMEs, is excited to announce its record-breaking performance in bridging loan volumes for the first...

by Stephen Kiely
July 10th, 2023

Landbay launches new two-year trackers for like-for-like remortgage range

Landbay has strengthened its like-for-like remortgage range with the addition of three new two-year tracker products. The new products are suitable for...

by Stephen Kiely
July 10th, 2023

Fleet Mortgages launches new five-year 70% LTV fixes

Fleet Mortgages, the buy-to-let specialist lender, has today launched new five-year fixed-rate mortgages, available across its three core product ranges –...

by Stephen Kiely
July 10th, 2023

Protecht Launches its Enhanced Vendor Risk Management Module to Empower Businesses Against Third-Party Risks

Protecht today announced the launch of its enhanced Vendor Risk Management module to enable businesses to mitigate risks with third-party vendors. Protecht is...

by Stephen Kiely
July 10th, 2023

Mastercard leverages its AI capabilities to fight real-time payment scams

From romance scams to fictious online deals, impersonation scams of all kinds have plagued people and businesses over recent years and shaken the confidence of...

by Stephen Kiely
July 6th, 2023

Together hires John Barker as Group Chief Operating Officer

Specialist lender Together has bolstered its executive team by appointing experienced financial services leader John Barker as the Group’s Chief Operating...

by Stephen Kiely
July 5th, 2023

Housing affordability at its worst in decades as income to house price ratio more than doubles since the 70s

The latest research by property purchasing specialist, House Buyer Bureau, has revealed that, even when adjusting for inflation, today’s homebuyers have by...

by Stephen Kiely
July 4th, 2023

Rising interest rates: comment

“In an effort to slow the rise in the cost of living in the UK, the Bank of England has increased bank rates to the highest level for 15...

by Stephen Kiely
July 3rd, 2023

Looming debt crisis will lay waste to our finances

One in four of us are spending more than we’re earning (26%), so we risk running up debts. Higher income households are borrowing more as a percentage of...

by Stephen Kiely
July 3rd, 2023

Comment – Addressing the Rising Trend of Push Payment Fraud Complaints

“Statistics out from the Financial Ombudsman Service today show unequivocally that customers who bank with CRM Code signatories are better protected...

by Stephen Kiely
June 30th, 2023

TransUnion and NatWest Strengthen Award-Winning Partnership to Expand Credit Score Service to All Eligible UK Consumers

TransUnion and NatWest Group have expanded their existing partnership to introduce Know Your Credit Score – the first credit information service from a...

by Stephen Kiely
June 30th, 2023

Comment: The Bank of England – Money and Credit

The Bank of England released its Money and Credit statistics today revealing a rise net mortgage approvals from 49,000 in April to 50,500 in May. Remortgages...

by Stephen Kiely
June 30th, 2023

StepChange responds to Bank of England Money and Credit stats

The Bank of England’s Money and Credit statistics for May show households withdrew £4.6 billion from banks and building societies across the month –...

by Stephen Kiely
June 30th, 2023

Comment on Bank of England Money & Credit data

Commenting on the Bank of England Money & Credit data, Adam Oldfield, chief revenue officer at Phoebus Software, said: “The lending figures for May make...

by Stephen Kiely
June 30th, 2023

Paradigm launch new Product Withdrawal Directory for intermediary firms

Paradigm, the mortgage, protection and compliance services proposition, has today announced the launch of a new Lender Product Withdrawals Directory for...

by Stephen Kiely
June 28th, 2023

Two thirds of regulated firms worry about an AML breach

The “worrying weight of compliance” is taking its toll on regulated firms in the emerging financial sectors, with more than two thirds saying they are...

by Stephen Kiely
June 28th, 2023

Estate agents risk falling foul of UK law as AML interest is lagging

Research by Credas Technologies, the leading identity verification provider, reveals that ‘economic sanctions’ and ‘politically exposed persons’ are...

by Stephen Kiely
June 28th, 2023

Reaction to BoE heading to recession

Reacting to the Bloomberg Economics warning that the Bank of England will push the UK into recession by the end of the year, Arun Singh, Global Chief...

by Stephen Kiely
June 28th, 2023

Rental demand shows slight decline in Q2 but midlands region is bucking the trend

The latest Rental Demand Index from estate and lettings agent, Barrows and Forrester, has revealed that Dorset is currently the hottest spot in the nation’s...

by Stephen Kiely
June 28th, 2023

FICO UK Credit Card Market Report: March/April 2023

The latest data from FICO on UK credit card trends paints a picture of considerable consumer financial volatility as the dual pressures of higher inflation and...

by Stephen Kiely
June 27th, 2023

Landbay enhances its range of two-year trackers

Landbay has reduced rates on its two-year tracker buy-to-let mortgages by up to 90 basis points and added new competitive products to the range. The two-year...

by Stephen Kiely
June 27th, 2023

May Retail Sales Rise Again According to Latest ONS Figures

“The latest Retail Sales Index from the Office for National Statistics show a further rise of 0.3%, following an increase of 0.5% in April. This growth...

by Stephen Kiely
June 27th, 2023

Losses from Online Payment Fraud to Exceed $362 Billion Globally Over Next 5 Years, as eCommerce Growth in Emerging Markets Accelerates Fraud

A new study from Juniper Research, the foremost experts in payment markets, forecasts that merchant losses from online payment fraud will exceed $362 billion...

by Stephen Kiely
June 26th, 2023

Experian launches 4D Credit to help lenders better support small businesses thrive and survive

Experian has today announced the launch of 4D Credit – a new suite of services designed to help lenders better manage their commercial lending portfolio...

by Stephen Kiely
June 26th, 2023

May retail sales

Retail sales volumes rose an estimated 0.3% in May, following a rise of 0.5% in April. Non-store retailing sales volumes rose by 2.7% in May driven by strong...

by Stephen Kiely
June 23rd, 2023

EY comments on today’s ONS retail sales figures for May

“While UK retail sales continued to see marginal growth in May, with a month-on-month rise of 0.3%, it was the lowest level of growth seen in the last six...

by Stephen Kiely
June 23rd, 2023

Two-year buy-to-let fixed rates are growing in popularity

Fixed rates remain the most popular option for buy-to-let remortgage borrowers but the gap between a two-year or five-year preference is closing. These...

by Stephen Kiely
June 22nd, 2023

Financial stability on the brink, according to Knowledge Bank’s data

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK, with inflation still above target at...

by Stephen Kiely
June 22nd, 2023

Seven million mortgage holders struggling to keep up with household bills and credit commitments

New polling from StepChange Debt Charity has revealed 45% of mortgage holders, equivalent to 6.9m UK adults, have found it difficult to keep up with bills and...

by Stephen Kiely
June 22nd, 2023

Comment: Bank of England has raised interest rates by 0.5%

“In hiking interest rates by 50pbs, the Bank of England is likely to have been influenced by the fact that in May core inflation has reached its highest...

by Stephen Kiely
June 22nd, 2023

Commentary on the impact of Bank of England base rate increase

“Yesterday’s inflation figures showed that the Bank of England’s policy has yet to reap the desired results, with core inflation climbing in May to 7.1%....

by Stephen Kiely
June 22nd, 2023

Rise in interest rates

“Yet another interest rates rise won’t come as much of a surprise with inflation remaining at 8.7%. But after almost 15 years of relatively low rates, the...

by Stephen Kiely
June 22nd, 2023

Dun & Bradstreet launches D&B.AI Labs

Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today announced the launch of D&B.AI Labs....

by Stephen Kiely
June 21st, 2023

Comment: Bank chiefs urge Sunak to share cost of Fraud with Big Tech

“No-one should be out of pocket because of criminal activity. Evidence shows scams impact victims’ mental health, leaving long-lasting feelings of...

by Stephen Kiely
June 21st, 2023

Comment on inflation

“This stall in annual consumer price inflation, remaining at 8.7% in May, means there is still a long way to go to reach the government’s 2% target. “We...

by Stephen Kiely
June 21st, 2023

Comment on the ONS CPI

“To see inflation stagnate is not what we wanted, but the most worrying figure is core inflation, which actually rose in May. So, we’re under no illusion...

by Stephen Kiely
June 21st, 2023

Stubborn inflation underscores scale of pressure facing households

The Office for National Statistics has today published its latest Consumer Prices Index, which shows the rate of inflation stood at 8.7% in the 12 months to...

by Stephen Kiely
June 21st, 2023

Embedded lender Fluro selects data intelligence platform Bud to supercharge its decisioning in lending

Bud Financial, the AI-based data intelligence platform, has been selected by embedded consumer lender Fluro to power its lending decision-making through open...

by Stephen Kiely
June 21st, 2023

Foundation Home Loans launch new owner-occupied and buy-to-let Specials

Foundation Home Loans, the intermediary-only specialist lender, has today added new Special products to both its owner-occupied and buy-to-let offering. In its...

by Stephen Kiely
June 20th, 2023

TransUnion Wins Credit Information Provider of the Year and Best Partnership With Lloyds Banking Group

TransUnion has been named Credit Information Provider of the Year in the UK for the third year running at the prestigious Credit Awards. In addition, the...

by Stephen Kiely
June 20th, 2023

Freedom Finance launches refreshed proposition amid vibrant second charge market

In the attached press release, Freedom Finance, one of the UK’s largest second charge distributors, is delighted to launch a refreshed proposition to support...

by Stephen Kiely
June 19th, 2023

Experian launches new service to prevent ‘Money Mule’ account fraud

Experian today announces a new service which will help banks and building societies identify and close ‘money mule’ accounts which are used to house...

by Stephen Kiely
June 19th, 2023

Cynergy Bank launches loan to help landlords with green transition

Cynergy Bank is providing funding for residential landlords to support them in making vital changes to their rental property portfolios to assist with the...

by Stephen Kiely
June 16th, 2023

Insurer data reveals payment defaults in the automotive sector up by 50%

The UK’s second-largest trade credit insurer, Atradius, has revealed the number of claims it received in the automotive sector in Q1 of 2023 has increased by...

by Stephen Kiely
June 16th, 2023

Complacency on compliance is a costly mistake for regulated firms, warns AML expert

Regulated firms must heed the warning – complacency on compliance is a dangerous path that wastes valuable time and money, according to a leading digital...

by Stephen Kiely
June 14th, 2023

Knowledge Bank turns on Consumer Duty ‘flag’ for brokers doing criteria searches

Knowledge Bank, the UK’s largest and most comprehensive database of lending criteria, today turns on a specialist ‘flag’ to alert brokers when they have...

by Stephen Kiely
June 14th, 2023

Second charge mortgage new business volumes fell by 22% in April 2023

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at...

by Stephen Kiely
June 14th, 2023

Trustfolio Secures Certification to ISO 27001, the International Standard for Information Security Management

‘Debt-tech’ firm, Trustfolio, is delighted to announce that it has achieved certification to ISO 27001, the world-leading International Standard for...

by Stephen Kiely
June 14th, 2023

The good, the bad and the ugly in jobs figures

The number of people in work hit a record high in February-April and inactivity rates fell again. Estimated employees for May bounced back to 30 million, up...

by Stephen Kiely
June 13th, 2023

Landbay launches new range of like-for-like buy-to-let remortgages

Specialist buy-to-let lender Landbay has introduced a suite of two-year fixed rate like-for-like remortgage products with a lower Interest Cover Ratio (ICR)...

by Stephen Kiely
June 13th, 2023

Rising Interest Rates Fuel Demand for FICO AI-Powered Optimization

Banks across Europe are challenged by rising interest rates, which make it difficult to balance profitability and customer experience. Many are turning to the...

by Stephen Kiely
June 12th, 2023

UK’s largest protector of deposits also unveils online, interactive Annual Rent Index report

Despite increased speculation about landlords’ intentions in the UK property market, a recent survey by The Deposit Protection Service reveals that the...

by Stephen Kiely
June 12th, 2023

Consumer credit rates stable in May amid volatility

Rates on consumer credit products either remained steady in May or registered small declines, according to analysis of the latest Bank of England data from...

by Stephen Kiely
June 12th, 2023

Fighting authorised push payment fraud: a new reimbursement requirement

The Payment Systems Regulator (PSR) recently published a new reimbursement requirement for Authorised Push Payment (APP) fraud within the Faster Payments...

by Stephen Kiely
June 9th, 2023

Protecht ERM strengthened by new business continuity features

Protecht, a leader in risk and resilience software, today announced that it has introduced enhanced business continuity features to help organisations enable...

by Stephen Kiely
June 8th, 2023

Knowledge Bank puts on specialist criteria clinic on how consumer duty will affect self-build homes

Knowledge Bank has responded to demand to put on a specialist one-off Criteria Clinic on how Consumer Duty will affect borrowers choosing to build their own...

by Stephen Kiely
June 8th, 2023

Comment: Economist responds to UK G7 performance

“The OECD forecasts depict a struggling UK economy for 2023, with growth now predicted to be the second worst in the G7. However, in times of great...

by Stephen Kiely
June 8th, 2023

MorganAsh adds nurse support services to MARS vulnerability tool

Vulnerability specialist MorganAsh has added a new nurse support service to the MorganAsh Resilience System (MARS), to assist advisers in providing help to...

by Stephen Kiely
June 8th, 2023

Growing concerns over AML as UK consumers ramp up searches for info

Research by Credas Technologies, the leading identity verification provider, reveals that UK consumers are increasingly concerned about the issue of money...

by Stephen Kiely
June 8th, 2023

FCA appoints Napier’s Bastiman to new expert group

Global AML specialist Napier has announced the appointment of its chief data scientist, Dr Janet Bastiman, to the Financial Conduct Authority (FCA)’s newly...

by Stephen Kiely
June 8th, 2023

FIBA joins forces with Hodge as its new lender partner

Hodge is joining the Finance Intermediary and Broker Association (FIBA) as its new lending partner. The long-term commercial lending funder joins the trade...

by Stephen Kiely
June 7th, 2023

Bank of America and Apple Executives join Chargebacks911 to drive rapid expansion

TAMPA, USA – Chargebacks911 and Fi911, the global leader in chargeback management technology, announced Tuesday the appointment of payments industry leaders...

by Stephen Kiely
June 6th, 2023

Happy RIO-versary!

Thursday June 8th marks the fifth birthday of Hodge’s Retirement Interest Only (RIO) mortgage, one of the very first to market. Specialist lender Hodge is...

by Stephen Kiely
June 6th, 2023

Fleet Mortgages launches back to market with two- and five-year fixes up to 75% LTV

Fleet Mortgages, the buy-to-let specialist lender, has today launched a range of two- and five-year fixed-rate mortgages in its three core ranges – standard,...

by Stephen Kiely
June 5th, 2023

43% of UK exporters expect an increase in the risk of non-payment in 2023 (up from 27% last year), landmark survey shows

Allianz Trade today releases the second edition of its Global Survey. The world’s leading trade credit insurer surveyed nearly 3,000 exporters from France,...

by Stephen Kiely
June 2nd, 2023

‘Antiquated technology’ leaves banks unequipped to deal with fraud – comments

Further to the news that 78 per cent of financial firms worldwide are concerned about their ability to respond to emerging fraud threats quickly and...

by Stephen Kiely
June 2nd, 2023

PCI Security Standards Council welcomes PCI Pal® CISO, Geoff Forsyth, to its Board of Advisors

PCI Pal® (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, is pleased to announce that its Chief Information...

by Stephen Kiely
June 2nd, 2023

Bank of England Money & Credit – comment

“Today’s Bank of England figures reveal that consumer appetite for borrowing has begun to slow against a backdrop of higher interest rates and squeezed...

by Stephen Kiely
June 1st, 2023

Price fall may be a drop in the ocean once mortgage rate rises kick in

House prices fell 0.1% in May – April had seen a small rise after seven consecutive months of falls. On an annual basis, house prices are down 3.4% in the...

by Stephen Kiely
June 1st, 2023

London businesses are poised to lead the UK economy out of its slowdown – comment

“It’s a pleasant surprise to see an uptick in confidence in the UK’s business capital, after what feels like a plethora of “Black Swan” economic...

by Stephen Kiely
June 1st, 2023

Together improves AVM criteria for personal finance customers

Specialist lender Together has enhanced its Automated Valuation Model (AVM) criteria on its personal finance product range. The move will allow for more...

by Stephen Kiely
June 1st, 2023

Cost of living remains biggest driver of problem debt, says StepChange Debt Charity

StepChange’s latest client data for April 2023, published today, has revealed over a quarter of new clients (27%) cite the cost of living as their main...

by Stephen Kiely
June 1st, 2023

JMT Finance launches bridging finance proposition

JMT Finance, the privately owned and funded commercial property lender, has extended its lending proposition into the bridging finance sector. The lender has...

by Stephen Kiely
May 31st, 2023

Foundation Home Loans refreshes full product ranges and increases maximum LTV to 80% in buy-to-let and 85% in owner-occupied

Foundation Home Loans, the intermediary-only specialist lender, has today refreshed all products within its core buy-to-let and owner-occupied ranges for both...

by Stephen Kiely
May 31st, 2023

Hanley Economic BS launches two-year fee-free shared ownership fix

Hanley Economic Building Society has announced the launch of a fee-free two-year fixed rate shared ownership mortgage available up to 95% loan-to-value (LTV)...

by Stephen Kiely
May 31st, 2023

IDVerse, Formerly Known as OCR Labs, Partners with Experian for Digital Identity Verification

Experian, the world’s leading global information services company, has chosen identity verification solution provider, IDVerse, to support its customer’s...

by Stephen Kiely
May 31st, 2023

Zoopla: rate rise risks cast shadow over sunny outlook

House prices are up 1.9% in a year, according to the Zoopla house price index for May. In London, they’re down 0.2% in a year. Overall prices have fallen...

by Stephen Kiely
May 30th, 2023

TransUnion, Monevo and Incuto Come Together To Expand Consumer Access to Credit

Global information and insights company TransUnion is working with personal credit platform Monevo and incuto – a fintech for social good – to offer UK...

by Stephen Kiely
May 30th, 2023

The changing face of financial vulnerability revealed

TDX Group, an Equifax company and leading provider of debt management solutions, urges lenders and those who serve customers facing financial difficulty, to...

by Stephen Kiely
May 30th, 2023

Goodlord Group & Credas announce right-to-rent checks partnership

Letting agents will now be able to conduct digital right-to-rent checks on British and Irish citizens using identity verification technology (IDVT). This is...

by Stephen Kiely
May 26th, 2023

EY comments on today’s ONS retail sales figures for April

“After a period of unusually poor spring weather, both retail sales and volumes rose in April, however overall inflation continues to impact figures. The...

by Stephen Kiely
May 26th, 2023

Number of DAMLs down year on year

Research by Credas Technologies, the leading identity verification provider, has found that while there has been an annual reduction of 21% in the number of...

by Stephen Kiely
May 25th, 2023

Consumer Duty Is Not Just a Job For Compliance

The Financial Conduct Authority (FCA) has issued its latest warning to financial services firms to be ready for the 31 July deadline for the new Consumer Duty....

by Stephen Kiely
May 25th, 2023

SmartSearch appoints new strategic alliances manager for UK and international markets

SmartSearch, the leading UK provider of digital compliance solutions, has appointed Ian Wright as its new strategic alliances manager. In his role, Ian will...

by Stephen Kiely
May 25th, 2023

GDPR 5th Anniversary – commentary

“Over the past five years, GDPR has spurred on businesses to get up-to-speed with best practice data management. Done right, business not only go beyond...

by Stephen Kiely
May 24th, 2023

GDPR – the benchmark for a global privacy framework

With the 5th anniversary of GDPR looming, this regulation continues to be a game-changer, setting the precedent for privacy and data laws around the world. In...

by Stephen Kiely
May 24th, 2023

Today’s inflation headline figures masks some worrying dynamics – comments from economist

Following today’s ONS inflation figures, Tommaso Aquilante, Associate Director of Economic Research at Dun & Bradstreet said: “April’s inflation...

by Stephen Kiely
May 24th, 2023

Put your financial stress on paws

New data from Experian finds that the average Briton will wait until they have debt totalling £7,835 before seeking help, with one fifth of the nation (20%)...

by Stephen Kiely
May 24th, 2023

Sticky inflation could mean higher interest rates

Commenting on the latest Office for National Statistics (ONS) consumer price inflation figures, Julian Jessop, Economics Fellow at free market think tank the...

by Stephen Kiely
May 24th, 2023

Annualised inflation eases, but no time to celebrate

Month-on-month inflation gathered pace in April, coming in at 1.2%, the highest it’s been since October 2022. However, annualised inflation slowed to 8.7%,...

by Stephen Kiely
May 24th, 2023

Power price cuts dial down inflation, but pressure on wallets rises

CPI inflation fell to 8.7% in April. It had been in double-figures since September last year. However, inflation actually rose 1.2% between March and April....

by Stephen Kiely
May 24th, 2023

Good news, at last! – comment on the latest inflation figures

“We’re waking up to good news, at last. Inflation falling into single figures is the news that we’ve all been hoping to hear and perhaps the start of...

by Stephen Kiely
May 24th, 2023

Comments on latest inflation figures

With the fall in inflation to 8.7% in April from 10.1% in March, Simon Webb, managing director of capital markets and finance at LiveMore, commented: “High...

by Stephen Kiely
May 24th, 2023

MorganAsh enhances vulnerability management by integrating Inbest benefits calculator

MorganAsh has embedded the Inbest benefits calculator directly within the MorganAsh Resilience System (MARS), to ease and simplify the process of checking...

by Stephen Kiely
May 24th, 2023

FCA proposals to align rules for fund managers and discretionary investment managers pose material threat, says PIMFA

PIMFA, the trade association for the wealth management, investment services and financial advice sector, has raised serious concerns about the Financial...

by Stephen Kiely
May 23rd, 2023

21% annual increase in Suspicious Activity Reports

With a view to help property professionals stay on top of their Anti-Money Laundering (AML) obligations, Credas Technologies, the leading identity verification...

by Stephen Kiely
May 22nd, 2023

Dock Stops Over USD$50m a Month in Fraud for its Customers Using FICO Technology

Dock, a global technological platform for financial services, is using FICO fraud prevention technologies to stop more than USD$50 million a month in...

by Stephen Kiely
May 22nd, 2023

Inflation set to step down – but this is no rapid decent

Inflation is expected to have fallen back into single figures in April. However, higher food prices are expected to put a brake on falls in inflation, in the...

by Stephen Kiely
May 19th, 2023

FCA says it wants the UK to become ‘hostile environment’ for fraudsters at PIMFA’s Financial Crime Conference

The Financial Conduct Authority (FCA) in a collaboration with industry, plans to make greater strives in ensuring the UK is a hostile environment for...

by Stephen Kiely
May 19th, 2023

FICO Repeats Leader Status in 2023 Forrester AI Decisioning Platforms Wave

Global analytics software firm FICO announced today that its industry-leading FICO® Platform received top placement in “The Forrester Wave™: AI...

by Stephen Kiely
May 19th, 2023

Build new ‘Regional Investment Bank’ to boost company growth and jobs outside London

Establishing a Regional Investment Bank could support regional economic hubs outside of London and the South East, by giving them better access to public and...

by Stephen Kiely
May 19th, 2023

MorganAsh results identify engagement as biggest area of consumer vulnerability

The capability of consumers to engage has been identified as the largest area of vulnerability, according to the latest results from the MorganAsh Resilience...

by Stephen Kiely
May 17th, 2023

How AI can revolutionise the fight against chargebacks fraud

Merchants face a difficult second half of 2023 as fraudulent chargeback claims are predicted to make up a staggering 60% of all claims, according to a study...

by Stephen Kiely
May 17th, 2023

Six in ten IFAs concerned 100% mortgages could create a repayment crisis

With the recent return of the 100% mortgage, new research from global research and insights agency Opinium reveals that nearly two thirds of IFAs (66%) who...

by Stephen Kiely
May 17th, 2023

Four in Five Financial Services Brands are Failing Online Trust Signals

Analysis by the UK’s first financial services digital marketing agency, Balance, found that guidance based on Google’s EEAT guidelines and the FCA’s...

by Stephen Kiely
May 17th, 2023

The AML experts leading the way in digital compliance with automation and configurability

Anti money-laundering (AML) experts are bringing in a new age of digital compliance with their advanced automation and configurability capabilities. Their use...

by Stephen Kiely
May 17th, 2023

AGL’s Personalised Digital Collections Boost Payments By 40 Percent Using FICO Technology

Leading Australian integrated essential service provider AGL has partnered with FICO to deliver a next-generation self-service digital collections experience...

by Stephen Kiely
May 16th, 2023

The Envelop Network adds Bank of Ireland to lending panel

The Envelop Network has announced the addition of Bank of Ireland to its lending panel. This panel addition will provide Envelop Network members with access to...

by Stephen Kiely
May 16th, 2023

FICO Welcomes UK’s 17% Drop in APP Fraud and Highlights Influence of Confirmation of Payee and Tailored Communications

UK Finance’s annual fraud report showed a year-on-year drop of 17 percent in Authorized Push Payment (APP) Fraud. While the efforts of Confirmation of Payee...

by Stephen Kiely
May 15th, 2023

Tymit uses LendingMetrics’ ADP

Instalment-only credit card provider Tymit has adopted LendingMetrics’ Auto Decision Platform (ADP) to speed decisioning. The fintech, which partners...

by Stephen Kiely
May 15th, 2023

Interest rates – reaction from economist

“While the UK economy has proven more resilient than expected, inflation is far from tamed. And with both wage and core inflation now at around 6%, the Bank...