Industry survey indicates 9 out of 10 growth businesses needing investment now may disappear within 12 months if Government fails to act

A coronavirus survey undertaken by the Enterprise Investment Scheme Association EISA) of 250 growth businesses currently seeking investment, indicates that...

How will Revolut’s move into open banking affect us?

Despite current uncertainty, the financial services sector is experiencing transformative change year on year. Innovation in banking has traditionally been a...

Lendlord launches coronavirus tools for landlords

Lendlord has launched a range of free tools to help landlords manage their buy to let portfolios during the coronavirus pandemic. The free portfolio management...

Paradigm Protect launch COVID-19 protection panel updates

Paradigm Protect, the directly authorised protection proposition – which is part of Paradigm Mortgage Services, has today launched a new COVID-19 update...

FICO Solution Helps Firms Manage Deluge of Payment Holiday Requests due to COVID-19

Responding to the sharp increase in consumer requests for payment holidays related to the COVID-19 pandemic, global analytics software firm FICO has created a...

‘Lenders must stick to the spirit of the Coronavirus Business Interruption Loan Schemes, not the letter’

The Coronavirus Business Interruption Loan Scheme (CBILS) is intended to provide financial support to SMEs that are losing revenue and seeing their cashflow...

MCI extends free CRM with AML and credit searches

The MCI Club, with funding from the Financial Services Tech Task Force, has extended the free eKeeper Lite CRM to perform Anti-Money Laundering (AML) checks...

Datalyse’s CRM will Help Support your Business for Free During COVID-19

There is no certainty in how long this pandemic will last. As a small business, Datalyse will help support your small business for free during COVID-19 for 3...

Fully-Verified, an online identity verification provider, successfully raises a financing round

Fully-Verified, a Startup Wise Guys backed company, offers a range of video-based identity verification services aimed at delivering the highest level of...

BSI releases suite of best practice standards to help UK businesses

BSI, in its role as the UK National Standards Body, has made a suite of risk and business continuity standards publicly available to help British businesses...

How social distancing is affecting the retail sector

Today’s ONS retail sales data shows that February was a tough month for UK retailers even before the Covid-19 shutdown in March forced all non-essential...

Tech companies come together to fund fully-integrated CRM system – free for all UK brokers

Members of the Financial Services Tech Task Force initiative have come together to fund a free CRM system for brokers to use during the Covid-19 outbreak....

New report on the business/economic impact of coronavirus in the UK

Dun & Bradstreet – the world’s largest business information company – has published its country insight report into the United Kingdom, which looks...

Aire opens up insight service to help lenders keep pace with financial uncertainty

Aire, the credit insight service, today announced that it is offering free access to its range of real-time credit information services for a period of three...

UK’s tech industry will hold strong in the coming months

The UK’s tech industry – the fastest growing sector in the UK – will maintain resilience despite the Covid-19 outbreak, according to new analysis from...

FS firms warned of cyber risks of homeworking as new figures show attacks are on the rise

Financial services firms are being warned of the cybersecurity risks of homeworking as new government figures show the number of businesses suffering breaches...

Landbay becomes a Tech Nation’s Future Fifty company

Landbay has become one of the only mortgage lenders to ever make it into Tech Nation’s Future Fifty index of the UK’s most successful tech companies. It...

Harnessing analytics in the fight against fraud

In the past, the fight against fraud has been a bit hit-and-miss. It has relied on auditors to identify patterns of behaviour that just didn’t quite fit....

Commenting on the FTSE100 rising to its highest level for nearly two weeks

Commenting on the FTSE100 rising to its highest level since Friday 13th March, Mike Owens, Global Sales Trader at Saxo Markets, said: “A mixture of factors...

MCI Club offers free CRM system to help brokers

The MCI mortgage club has announced the early release of their free Customer Relationship Management (CRM) system, eKeeper Lite, to help advisers to work...

Property transactions figures “like a rear-view mirror to life before covid-19” – comment

Neil Knight, business development director for Spicerhaart Part-Exchange & Assisted Move, said: “There is an other-worldly quality to the February...

Identifying invoice finance fraud

With more businesses now suffering increased financial strain, Aaron Hughes looks at some of the ways under-pressure directors might misuse their Invoice...

FORS suspends audits due to coronavirus outbreak

FORS – the Fleet Operator Recognition Scheme – has announced that, following the impact of the coronavirus outbreak, all FORS Bronze site audit activity...

“There are fraudsters at every turn” – comments

In light of Rishi Sunak promising £330bn in loans to UK SMEs, Geoff Dunnett, Legal Services Director of Shieldpay, comments on how the industry must prepare...

Comment from Chief Economist: Bank of England Interest Rate cut

“The Bank of England’s decision to cut interest rates by a further 15 basis points to a new all-time low of 0.1% and the increased Quantitative Easing...

Knowledge Bank creates free tool for brokers to keep on top of lender Covid-19 criteria changes

In the Government’s daily briefing on 17th March 2020, Chancellor of the Exchequer Rishi Sunak announced a series of emergency measures to protect households...

Ensuring a Smooth Business Journey Through the Storm Ahead

With hotel occupancy levels dropping in the midst of the current coronavirus (COVID-19) crisis, independents and chains alike are urgently reviewing their...

Is fraud prevention converging with regulatory compliance?

Several relevant reports show how the world of fraud and financial crimes is mutable and always changing. Recent research – such as PwC’s 2018 Global...

eKeeper launches Experian AML and credit reports for brokers

eKeeper has launched integrated Anti-Money Laundering (AML) and consumer credit reports, both powered by Experian, into its broker Customer Relationship...

Specialist lender Together hires underwriting expert

An underwriting professional with more than 20 years industry experience has joined specialist lender Together as it expands its broker relationship team....

SA Taxi hails automated lending as key to 25% loan growth

SA Taxi, a financier of over 10 percent of South Africa’s minibus taxi fleet – the nation’s most affordable public transport, used by 15 million people...

UK financial crime tech firm announces partnership to use unstructured data to prevent fraud

Synectics Solutions and Infoboss today announced a partnership that will see both organisations integrate their respective technology platforms, to broaden the...

Dun & Bradstreet completes the purchase of coAction.com assets

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, today announced that it purchased the assets of coAction.com LLC, a...

FLA comment on the Budget

Commenting on the Budget, Stephen Haddrill, Director General of the Finance & Leasing Association, said: “The measures announced to help the NHS,...

Anti-money laundering levy consultation: comments

The new Budget states the Government’s intention to introduce anti-money laundering levy, prior to a consultation later this spring, to help fund the...

Budget 2020: Business Rates – comment

Commenting on the cuts to business rates announced by the Chancellor, Dave Miller, client account manager at Spicerhaart Corporate Sales, said: “These...

Digital Challengers Close in on High Street Banks

New research from TransUnion has revealed that the gap between traditional high street banks and digital challengers is rapidly closing. According to...

ONS construction output figures – comment

The January ONS construction output figures were released this morning. Commenting on the figures, Jan Biggins, national sales manager at Spicerhaart...

Budget 2020: Economic Crime Levy needs to be risk-based – comment

It has been heavily trailed that the Chancellor will announce a new Economic Crime Levy later today. John Dobson, CEO of AML specialist SmartSearch, says:...

Expert comment: Timely Bank of England intervention shows UK policymakers ready to support economy

Dr Ivan Petrella, Associate Professor at Warwick Business School and an expert in economic policy, said: “This is a timely move by the Bank of England,...

Business leaders react to the BoE emergency interest rate cut

Giles Coghlan, Chief Currency Analyst at HYCM said: “Much can be said about the timing of this cut. It comes not only amidst one of the biggest public health...

Commenting on the BoE’s emergency rate cut and today’s budget announcement

Commenting on the BoE’s emergency rate cut and today’s budget announcement, Rupert Thompson, Chief Investment Officer at Kingswood, said: “The Bank...

Reaction: £31.2 million on fraud prevention

UK Finance announced earlier today that a specialist police unit funded by the banking and finance industry prevented £31.2 million of fraud and disrupted 23...

Trade Ledger integrates WiserFunding to advance complex commercial risk assessments

Trade Ledger and Wiserfunding today announced a partnership that allows banks and alternative finance providers to more accurately assess their mid-market...

Analysis of broker criteria searches in February throws up surprises

The February criteria index has thrown up a number of surprise results with some sectors experiencing unprecedented change according to criteria search...

Equiniti Riskfactor unveils new partnership with Codat

Equiniti Group plc, an international technology-led services and payments specialist, is delighted to announce that its risk management business, Equiniti...

Broker Conveyancing report significant uplift in yearly instructions

Broker Conveyancing, the broker-focused conveyancing distributor, has today reported a strong uplift in both instruction and adviser user figures throughout...

Tinubu Square announces acquisition of UK company eSURETY

Tinubu Square, the market leader for enterprise software solutions to Credit and Surety Insurers, announces its first corporate acquisition in the U.S., one...

Drooms inks partnership agreement with Coyote Software

Drooms, Europe’s leading provider of secure cloud solutions, and Coyote Software, the acquisition and asset management platform, have reached a referral...

Equifax partners with rent reporting innovator CreditLadder to improve tenants’ access to credit

Equifax, the business and consumer insights expert, is partnering with CreditLadder.co.uk, the UK’s largest rent reporting platform, to include rental...

MPs and Industry Groups United on Securing Access to Cash

The Association of Convenience Stores, British Retail Consortium, Federation of Small Businesses, Positive Money and Responsible Finance are urging the...

The Serious Fraud Office – where does it go from here?

A jury clearing three Barclays executives of fraud was a bad result for the Serious Fraud Office (SFO). The failed prosecution was the legacy of the agency’s...

European FinTech Lending Industry to Hit $9.6bn Value This Year

Innovative lending services, such as crowd and P2P marketplace loans, are becoming increasingly popular in many European countries. With the development of...

Shield Named on Financial Technologist ‘Most Influential Financial Technology Companies’ List for the Second Year in a Row

Shield is proud to announce it has been named on The Financial Technologist ‘Most Influential Financial Technology Companies 2020’ list. Nominated by a...

Comment: Too much uncertainty to buy the dip

Global equities fell sharply last week as concerns over the rapid spread of the coronavirus outside China unnerved investors and most markets are now down...

Global economy faces gravest threat since the crisis as coronavirus spreads

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic...

Former Barclays executives cleared of fraud charges – Comment

Following the announcement that three former top Barclays executives have been cleared of fraud charges linked to how the bank raised billions from Qatar in...

Record 120% hike in transactions

Loan applications processed by automated underwriting technology soared at LendingMetrics over the past year. The credit technology, data and Open Banking...

Euler Hermes 2019 full year results: All regions and lines of business growing, transformation delivering tangible results

In a context of sluggish global growth, Euler Hermes showed very strong performance in 2019: all regions and lines of business are growing. Revenues reached...

Economic impact of coronavirus – comments

Commenting on a worst case scenario coronavirus, global sell-off and relentlessly weaker economies, Artur Baluszynski, Head of Research at Henderson Rowe,...

Four out of five consumers causing credit score harm due to credit card confusion

To discover how credit savvy the UK public is, the Financial Awareness Survey 2020, commissioned by finance experts TotallyMoney, asked a nationally...

French-Austrian Collaboration on Fighting Cryptocurrency-Enabled and Financial Crime

The FrenchBlockchain security company NIGMA Conseil and the AIT Austrian Institute of Technology — the largest and government-owned research and technology...

50% of workers still don’t trust the cloud with sensitive information

Half of UK workers say they wouldn’t store sensitive personal and commercial information in the cloud because of their concerns over security, according to a...

Bison Bank counts on ndgit PSD2 Ready software to support Open Banking strategy

Bison Bank in Lisbon has chosen PSD2 Ready software from ndgit, the first provider of dedicated API platforms for banks and insurance companies, to empower its...

Aire launch helps lenders embrace millions of borrowers excluded from UK credit market

Aire, the credit insight service, today launched a range of new services – the Aire Credit Insight Suite – to offer UK lenders greater...

Quality of data is top priority for credit industry in 2020 and beyond

Improving data and the quality of decisions are two of the top strategic priorities for credit management professionals in the next three years. A new study of...

A massive opportunity for government to move on housing policy

Following this morning’s figures from UK Finance, Richard Pike, Phoebus Software sales and marketing director, says “Earth-shattering today’s figures are...

What does a change of chancellor mean for borrowers?

The general election was meant to remove much of the political uncertainty from markets. However, Sajid Javid’s surprise resignation as chancellor was a...

Hat-Trick for FICO as Three Finalists Named for Women in Credit Awards

The Women in Credit Awards are the only awards programme for women within the UK’s credit industry. “We are proud to have the outstanding work of our...

Report: The worldwide business impact of the coronavirus

A report by Dun & Bradstreet, the largest business information company in the world, highlights the enormous economic and third-party risk of the...

Quality of data is top priority for credit industry in 2020 and beyond

Improving data and the quality of decisions are two of the top strategic priorities for credit management professionals in the next three years. A new study of...

Mastercard announces its first European Cyber Resilience Centre

Mastercard today announced it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security centre in Europe that will drive...

FLA members report a record level of new business in 2019

New figures released today by the Finance & Leasing Association (FLA) show that FLA members provided a record £140 billion of new business which helped...

Impact Specialist Finance to host two ‘Specialist Lending and Technology Expos’

Impact Specialist Finance, the specialist mortgage broker and distributor, has announced that it will be hosting two ‘Specialist Lending and Technology...

2020 criteria searches highlight mortgages as a market of contrasts

The first criteria index of 2020 has shown that the wider mortgage sector looks set to be a market of contrasts according to criteria search specialist...

Together re-finances £4.2m luxury flats in eight working days

Specialist lender Together has provided a £2million short-term loan – in just eight working days – for a property development company to re-finance a...

Dun & Bradstreet Powers New Analytics Studio with Alternative Data Sources

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, has announced the availability of D&B Analytics Studio, a...

1st Stop Group to partner with Open Banking provider AccountScore

1st Stop Group Limited, the specialist consumer lender, is delighted to announce that it is set to partner with the leading data and analytics business,...

Skipton Building Society appoints Jaywing for independent validation of business-critical regulatory models

Credit risk analytics experts, Jaywing, has been appointed by Skipton Building Society as their independent model validation partner. The partnership began...

EDAM Group Invests in LexisNexis Visualfiles as its Platform of Choice for Innovation

The UK’s largest privately owned credit-hire and post-accident services provider, EDAM Group, is investing in the workflow and case management system,...

Hope Capital seals best ever start to the year as market confidence returns

Bridging lender Hope Capital has started 2020 with its best ever January performance. Hope Capital is well-placed to tap into the surge of confidence in the...

TFS automates its underwriting with ADP

The latest automated decisioning technology from LendingMetrics has gone live at finance provider TFS Group. TFS, which specialises in ‘guarantor’...

Mitek sets new identity verification standard with One Step Liveness Detection

Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in digital identity verification solutions, today announced new innovation in its Liveness...

Just Mortgages targets £1m increase in remortgage business through boost to client services

Just Mortgages has boosted its client services team to drive increased remortgage and protection business for its brokers. The team, headed up by Operations...

Lack of supply chain visibility raises business risk, finds global study

A study released by Harvard Business Review Analytic Services (HBRAS), commissioned by Basware, highlights that businesses worldwide lack transparency in their...

SAS rated a Chartis credit risk 2.0 category leader

At the forefront of advanced analytics risk technologies, analytics giant SAS has been named a category leader in the Chartis RiskTech Quadrant® for Credit...

Fleet Mortgages launch 1st Quarterly BTL Index with Rental Barometer

Fleet Mortgages, the buy-to-let specialist lender, has today launched the first iteration of its new Quarterly Buy-to-Let Index, which features a Rental...

Foundation Home Loans reduce rates across core BTL product range

Foundation Home Loans, the intermediary-only specialist lender, has today announced a series of rate reductions across a number of products in its core...

Dun & Bradstreet appoints Gary Kotovets as Chief Data Officer

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, today announced the appointment of Gary Kotovets as its Chief Data...

OMS integrates UK Credit Ratings into live platform

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has integrated UK Credit Ratings...

Avetta names two new executives to accelerate growth for global leadership in supply chain risk management

Avetta, one of the world leaders in providing cloud-based supply chain risk management solutions, announced today that Indy Chakrabarti is now the Chief...

UK interest rates: Will the doves win in 2020?

Last Thursday’s decision by the Bank of England, to keep interest rates on hold at 0.75%, was one of the more finely balanced announcements in recent years....

UK businesses struggle to complete anti-fraud checks promptly

More than 100,000 UK businesses have a corporate structure so complicated it would take over half a day for them to complete anti-fraud checks, according to...

Reactive comment – FCA persistent debt

Following the announcement that the FCA has written to credit card firms telling them to review their approach to borrowers who are stuck in persistent debt,...

Corlytics to raise further €10 million

Dublin based fintech, Corlytics, has closed its most successful year on record, tripling revenue year on year. A cash injection of 10 million euros, expected...

Equity Release Council Q4 2019 lending figures comment

Stuart Wilson, Chief Executive at Answers in Retirement Group, said: “As a business fully immersed in the later life and equity release market, we believe...

Kensington prices FSQ 20-1 taking total issuance over £10billion

Today Kensington Mortgages has priced its latest securitisation transaction sized at £650 million, bringing its total RMBS issuance to over £10 billion since...

A sign of things coming back into balance? – Comment

Following the BoE figures this morning, Richard Pike, Phoebus Software sales and marketing, says “The increase in house purchases is something that the...

Building Consumer Trust Will be a Key Driver of Growth for Finance Providers

Released today, TransUnion’s new white paper, which examines consumer credit behaviour in the UK, unveils key trends and themes for lenders to note as we...

BofE interest rates – comments

“Despite speculation and calls for monetary stimulus, today’s decision from the Monetary Policy Committee to maintain interest rates is not surprising with...

Foundation Home Loans launches fees-assisted remortgage-only products within its residential range

Foundation Home Loans, the intermediary-only specialist lender, has today launched a number of fee-assisted, remortgage-only two- and five-year fixed rates...

ndgit and Konsentus partner to bring highly-secure PSD2 Interfaces to Europe’s banks

ndgit, Europe’s leading Open Banking platform provider, and Konsentus, experts in PSD2 third-party provider (TPP) identity and regulatory checking, announce...

TransUnion raises £11,300 for NSPCC and announces Save the Children as 2020 charity

TransUnion is proud to have raised £11,300 for child protection charity NSPCC in support of its Childline service, which provides young people with a place to...

Global Business Crowdlending Market will top $290bn in 2023

The global crowdlending industry has grown dramatically over the past decade, particularly in the business sector. This method of raising cash, commonly known...

Euler Hermes becomes first credit insurer to include ESG risks into its country risk ratings

Euler Hermes country risk rating methodology now includes ESG-related risks of non-payments by companies, especially environmental vulnerabilities and rising...

Tara Williams re-joins AutoProtect Group at a crucial time for F&I

Highly respected compliance expert Tara Williams will be re-joining AutoProtect Group at the start of March, filling the newly created role of Chief Risk and...

Qualco UK appoints new Head of Risk & Compliance

James Goddard has been appointed Head of Risk & Compliance at Qualco UK. Qualco is a leading provider of panel and asset management software and analytics...

CallGuard wins for the fourth year in a row at the PCI Excellence Awards

Eckoh is celebrating its patented payment security solution proving, once again, that it meets more than just PCI DSS compliance. Foreign exchange businesses...

Response to the latest ONS fraud statistics

Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the crime in England and Wales bulletin from the Office for National...

Knowledge Bank appoints new BDM

Knowledge Bank has appointed Andy Leadbetter as business development manager (BDM). Andy has over thirty years experience in insurance and mortgages and so is...

Foundation Home Loans announce ICR and maximum loan criteria enhancements to buy-to-let product range

Foundation Home Loans, the intermediary-only specialist lender, has today announced a series of criteria enhancements across its buy-to-let product range...

Biometrics to become box-office in year ahead

Taking stock of the identity verification landscape, Keith McGill, Head of Fraud & ID at Equifax, expects rapid adoption of biometrics in 2020 as it enters...

Regulation and compliance to become business critical in 2020

In 2020, businesses can expect a range of regulations to be enforced, including the delayed Strong Customer Authentication (SCA) requirement of the Second...

Duo of hires as Jaywing strengthens senior team

Sheffield headquartered marketing agency Jaywing has announced the appointment of Karl Stones, formerly Creative Director at BJL, as Executive Creative...

Online spending partly rescues dismal December

Today’s ONS retail sales figures for December saw overall sales fall 0.6% against November. But a strong showing from department store web sales saved...

Yooz Named Finalist in 2019-20 Cloud Awards

Yooz, the international provider of intelligent P2P software, has been shortlisted in the category Best Cloud Automation Solution in The Cloud Awards, the...

Combating Insurance Fraud With Machine Learning

Most insurance companies depend on human expertise and business rules-based software to protect themselves from fraud. However, people move on. And the drive...

ONS Monthly Inflation figures – comment

“Today’s inflation figures increase the likelihood of an interest rate cut following the next Bank of England (BoE) Monetary Policy Committee meeting. With...

UK inflation slows – reaction

Following on from the announcement that UK inflation slowed more than expected in December, Andy Scott, Associate Director at JCRA, said: “Today’s...

Commenting on UK inflation data putting further pressure on the pound

Commenting on UK CPI inflation data putting further pressure on the pound, Olivier Konzeoue, FX Sales Trader at Saxo Markets, said: “More MPC Members are...

Product stability and rate rises mark new year for 95% LTV first-time buyer borrowers

Mortgage insurer, AmTrust’s, latest Mortgage Loan to Value (LTV) Tracker has today revealed a degree of positive news for first-time buyers with 5% deposits,...

Comment – The disappearing risk of negative interest rates

Negative interest rates and pre-hedging upcoming interest rate exposure were factors when devising hedging strategies last year. At the start of 2020 both...

What Brexit blues? New research reveals over half of businesses in the financial sector believe Brexit will have a long-term positive impact

A new state-of-the-nation study into how businesses in the financial sector are prepared for Brexit, has revealed a staggering 37% of businesses believe the...

APP fraud victims face £3 billion compensation shortfall

Victims of Authorised Push Payment (APP) fraud face a £3 billion shortfall in compensation according to new Fraud Tracker figures from secure payments...

Law firm DWF responds to the FCA expanding Anti-Money Laundering and Counter Terrorist Regulations for Crypto-asset businesses

Imogen Makin, Head of Financial Services Regulatory Investigations at DWF, comments on today’s expansion of the FCA’s Anti-Money Laundering (AML)...

Firms warned over rise of ‘ransomware gangs’ after Travelex attack

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning that financial services firms need to...

Fifth directive means firms need to review their anti-money laundering processes

The fifth Anti-Money Laundering Directive comes into force today, which means law firms have to make changes to the way they work to help keep the proceeds of...

Paradigm outline range of fraud prevention services via new Experian partnership

Paradigm Mortgage Services has today announced a range of new fraud prevention tools and services to member firms at attractive terms, following the launch of...

Politics to continue to drive volatility and unpredictability in 2020

From a financial markets perspective, 2019 was a year that was very much dominated by politics. The pound and UK government bonds had a particularly volatile...

2020 to release full potential of Open Banking – comments

Ahead of the two-year anniversary of its implementation on 13 January 2020, Robert McKechnie, Open Banking Expert at Equifax UK, believes broadening Open...

Cybersecurity serviceprovides peace of mind for financial services firms

An award-winning cybersecurity start-up aims to provide peace of mind for financial services firms with its new service which offers 24-hour monitoring and...

Expert opinion: Police officer fraud allocation

According to figures disclosed under the Freedom of Information Act, less than 1% of police officers are allocated for fraud cases despite fraud accounting for...

Second charge mortgage new business volumes up by 15% in October

Commenting on the October 2019 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance...

Tall Group to share fraud prevention API

In a move designed to strengthen the cheque industry’s protection against payment fraud, the TALL Group of Companies, the UK’s leading provider of secure...

Commenting on sterling’s reaction to Johnson ruling out another Brexit extension

Commenting on sterling’s reaction to Johnson ruling out another Brexit extension, Andy Scott, Associate Director at JCRA, said: “Sterling was slammed into...

Expert Comment: Predictions for 2020

“In 2020, as technology continues to advance, the role of the finance professional will keep evolving in tandem. Developments in AI, ML and RPA mean that...

Euler Hermes’ economic research is expanding in Paris

Euler Hermes, the world leader in credit insurance solutions, announces three appointments in its Economic Research department. Alexis Garatti is appointed...

Elliptic Launches Elliptic Discovery

Elliptic, the leading provider of crypto-asset risk management solutions for financial institutions, today announces the launch of Elliptic Discovery....

Foundation Home Loans announce enhancements to buy-to-let product range

Foundation Home Loans, the intermediary-only specialist lender, has today announced a series of criteria enhancements across its buy-to-let product range. The...

The Value of Account Freezing Orders

The National Crime Agency (NCA) was no doubt happy to announce it had reached an out-of-court settlement with billionaire property tycoon and philanthropist...

One month to go for new AML rules: SmartSearch calls on Government to act

Commenting on the news that EU lawmakers are looking to up the pace on anti-money-laundering (AML) initiatives, John Dobson, chief executive of UK AML...

Brits Christmas shopping on unfamiliar websites fall victim to fraud

In a bid to find the perfect Christmas present, a quarter (25%) of Brits have been victims of fraud when shopping online on websites or online marketplaces...

Shield Awarded Coveted Data Management Insight Awards 2019 – ‘Best Data Visualisation Provider’

Specialist Regtech provider Shield is proud to announce it has been awarded ‘Best Data Visualisation Provider’ in the A-Team Insight Data...

One month to go for new AML rules: SmartSearch calls on government to act

With new EU anti-money-laundering (AML) rules due to be implemented exactly one month today, SmartSearch chief executive John Dobson has penned an open letter...

Businesses waiting twice as long to be paid – comments

This morning Market Finance revealed that small and medium-sized businesses are waiting twice as long to be paid in 2019, with firms having to wait an average...

Guarenteed Credit Balance Transfers To New Cards

Experian is introducing “Credit Limits” for balance transfer cards, a new, industry-first service so consumers can make more informed credit choices....

PayBreak opts for ADP

Fintech firm PayBreak is set to use an automated decisioning platform from LendingMetrics as part of its growth plans. The company, which specialises in...

Stonebridge announces new ID verification technology and upgrades to Revolution

Stonebridge, the mortgage and insurance network, has today announced the launch of ‘RevolutionID’ – a new piece of market-leading functionality...

SFO confirms investigation into suspected bribery at Glencore group of companies – Comment

The SFO today confirmed it is investigating suspicions of bribery in the conduct of business by the Glencore group of companies, its officials, employees,...

FICO Fraud Map Shows UK Card Fraud Losses Hit Record £671 Million in 2018

Analytics software firm FICO today released its annual interactive European Fraud Map, which shows that the UK’s card fraud losses hit a record £671 million...

Comment – Pound rises to seven month high as confidence in a Conservative victory grows

Commenting on the pound rising to a seven month high as confidence in a Conservative victory grows, Rupert Thompson, Head of Research at Kingswood, said:...

FICO Platform Supports Care by Volvo

Volvo Cars has selected FICO® Decision Modeler to immediately onboard customers to its new Care by Volvo service. The move demonstrates the increasing...

Auto-decisioning leader partners with WPS

LendingMetrics’ clients will soon be able to use WPS Analytics for data processing and advanced predictive analytics. The provider of multi-award winning...

BoE Money and Credit – insight and analysis

Following last week’s Bank of England Money and Credit announcement, David Finch, chief revenue officer at TransUnion UK has given his thoughts on what the...

Uncertainty continues to impact supply chain risk, finds Dun & Bradstreet and Cranfield University

The ongoing uncertainty around Brexit is encouraging many manufacturers and retailers to consider other supplier locations in low cost, higher risk countries...

Commenting on today’s global PMI data

Commenting on today’s global PMI data, Rupert Thompson, Head of Research at Kingswood, said: “Today’s manufacturing purchasing manager indices provided...

Over half of Brits support scrapping passwords for biometrics

More than half of Brits (57%) would be happy to ditch all of their passwords and pins and replace them with biometric verification, according to new research...

Coverly set to accelerate growth with new appointments

Coverly, an InsurTech business providing on-demand insurance for small and medium sized enterprises, has appointed Daniel Berry as Underwriting and Pricing...

Foundation Home Loans make enhancements to residential range

Foundation Home Loans, the intermediary-only specialist lender, has today announced a series of enhancements to its residential mortgage product range....

Together Financial Services Limited – Q1 Results

Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, is pleased...

Fintechs in Lithuania Praise Bank of Lithuania for Being Proactive Regulator After New STO Guidelines Unveiled

Last month, the Bank of Lithuania became one of the first regulators globally and first ones in EU to issue guidelines on Security Token Offering (STO). The...

Equifax and the Open Data Institute launch global report on consumer data consent

Equifax, the business and consumer insights expert, and the Open Data Institute (ODI), the international organisation dedicated to improving the use of data,...

Fleet Mortgages cuts rates on two 80% LTV products

Fleet Mortgages, the buy-to-let specialist lender, has today announced rate cuts to two of its 80% LTV products in both its standard and HMO product ranges....

Black Friday Alert: 16 Tips for Avoiding Fraud

Whenever people are buying more, it’s an opportunity for criminals to strike, which makes Black Friday a dangerous time. With new scams on the increase,...

AML pioneers SmartSearch recognised as leading global RegTech firm for third year running

Award-winning company SmartSearch Ltd, has today been recognised as one of the leading providers of regulatory technology (RegTech) software. For the third...

New face at LendingMetrics

Craig Jenkins has been appointed Business Analyst at LendingMetrics, the auto-decisioning technology provider. Mr Jenkins, who joins from business insight...

How demographics and deleveraging may mean Japanisation becomes us

Henderson Rowe’s Artur Baluszynski, director and head of research, explains some of the conditions that point the eurozone and US economies down a similar...

New Mitek Report Reveals Drivers and Challenges of Consumer Digital Identity Adoption

Mitek (NASDAQ: MITK), a global leader in mobile image capture and digital identity verification software solutions, today announced the findings from its new...

PMI and OECD data commentary

“Today’s early reading of the Purchasing Managers’ Indexes shows that continued uncertainty is adding to the challenges and complexities faced by the UK...

Graydon and Cifas work together to analyse and detect corporate fraud

Graydon, one of Europe’s leading providers of business data, insights, analytics and solutions, and Cifas, the UK fraud prevention service, announced today...

Why the North needs to be financially waterproof

Recent weeks have seen devastating levels of flooding, particularly in the North, with South Yorkshire being the worst affected area. Reports have suggested...

TruNarrative partners with French AI firm Bleckwen to expand its financial crime solution

Leeds-headquartered TruNarrative has added French fraud detection and prevention specialist, Bleckwen, to its industry-leading financial crime platform. The...

AI, predictive analytics, consortium data at forefront of fraud fight, says SAS on Fraud Week

Though the exact toll is immeasurable, fraud losses drain about 5% of a typical organisation’s annual revenues, estimates the Association of Certified Fraud...

Drowning in Data, Financial Services and Insurance Industries Seek Technology and Talent to Close Global Insights Gap

Across the globe, companies are amassing volumes of data with the intent of optimising performance, identifying trends and meeting rising consumer...

Dun & Bradstreet partner with big data company Quantexa to tackle financial crime & improve risk management

Dun & Bradstreet and Quantexa have announced a new partnership that aims to empower businesses to make better, context driven decisions using innovative...

Top awards win for LM

LendingMetrics has won two top awards for its technology at the prestigious Lending Awards. The credit risk and collection platform supplier scooped Best...

Home Credit Will Improve Credit in Russia with FICO Optimisation

Analytics software firm FICO announced today that Home Credit N.V. (www.homecredit.net), an international lender that focuses on responsible lending to people...

New UK Fintech Firm Moneytransfers.com Supercharges Plans for Growth After Securing Seed Investment From Leading Startup Accelerator

New money transfer comparison site, moneytransfers.com, has secured significant investment from leading startup accelerator Kinetic Investments, allowing the...

FARScape Applications launches nettTracker for easy fixed asset tracking

FARScape Applications’ new groundbreaking nettTracker fixed asset management accountancy tool is now available via the Intuit QuickBooks Online app store....

Deloitte’s quarterly CFO Survey – comments

“Given the current environment, a growing lack of confidence among UK CFOs is not surprising. Continued uncertainty around Brexit, the snap election and...

Commenting on Eurozone GDP figures

Commenting on Eurozone GDP figures, Rupert Thompson, Head of Research at Kingswood, said: “Eurozone growth continued unchanged at a moderate 0.2% q/q pace in...

Better than expected European industrial production numbers – comment

Commenting on better than expected European industrial production numbers, Artur Baluszynski, Head of Research at Henderson Rowe, said: “Better than expected...

Commenting on UK inflation slowing, signalling a potential rate cut rather than a hike

Commenting on UK inflation slowing, signalling a potential rate cut rather than a hike, Rupert Thompson, Head of Research at Kingswood, said: “UK inflation...

Fleet Mortgages announce raft of criteria changes

Fleet Mortgages, the buy-to-let specialist lender, has today announced a raft of changes to its lending and product criteria following feedback from its...

Money laundering in the UK: A dirty secret that won’t go away

A report by anti-corruption watchdog Transparency International lays bare what it believes is massive, carefully planned money laundering in the UK. Syedur...

How SD-WAN can help financial services secure data and improve the CX

In this current digital age where customers expect businesses to be available and contactable 24 hours a day, 7 days a week, on their chosen platform, the...

Over 30 million people have no idea how registering to vote could boost their credit score

Free credit report providers TotallyMoney reveal that as well as guaranteeing your voice gets heard during elections, being on the electoral register could add...

ONS GPR monthly estimate – comment

“The UK has narrowly avoided falling into a recession, but indicators leave little room for optimism. A closer look reveals that the economy shrank in...

Commenting on sterling’s reaction as UK narrowly avoids recession

Commenting on sterling’s reaction as UK narrowly avoids recession, Andy Scott, Associate Director at JCRA, said: “The UK economy avoided recession after...

Experian to supply Open Banking solutions for ethical banking platform incuto

Fin-tech provider incuto will use Experian’s Open Banking solution to support its work in the ethical banking sector. The new partnership will see incuto use...

Best month ever for Fiduciam with £43.5 million of new loans granted

Fiduciam, that last month announced it had met its staffing target for 2019, has just completed its best month since being established. The company granted...

Monetary Policy – Chief Economist commentary

Markus Kuger, Chief Economist at Dun & Bradstreet says: “Today’s 7-2 decision from the Monetary Policy Committee is the first split vote since mid-2018...

Commenting on today’s MPC vote and how the search for Carney’s successor adds another layer of uncertainty

Commenting on today’s MPC vote and how the search for Carney’s successor adds another layer of uncertainty, Olivier Konzeoue, FX Sales Trader at Saxo...

Commenting on Carney’s speech and sterling’s sharp drop

Commenting on Carney’s speech and sterling’s sharp drop, Joshua Roberts, Associate Director at JCRA, said: “Carney’s statement offered a tepid outlook...

Commenting on the MPC vote and how the Bank needs to keep all of its options open

Commenting on the MPC vote and how the Bank needs to keep all of its options open, Rupert Thompson, Head of Research at Kingswood, said: “The BOE as expected...

Commenting on today’s MPC vote and Carney’s imminent departure

Commenting on today’s MPC vote and Carney’s imminent departure, Artur Baluszynski, Head of Research at Henderson Rowe, said: “Although Mark Carney...

Two-thirds of legal professionals expect no rise in Serious Fraud Office conviction rate

More than two-thirds of legal professionals who specialise in white-collar crime do not believe the Serious Fraud Office’s conviction rate will improve over...

FICO adds identity proofing and authentication capabilities to the FICO Platform

FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that it is adding two new product families to its...

Investing in sustainable water

In an increasingly populated world, it is estimated that in the next decade demand for water will surge by a staggering 40%. Why should water be viewed as an...

Brits give thumbs up to biometric verification

Brits are keen to use biometric verification in a wide range of circumstances from online shopping and banking to confirming their age at a pub and even voting...

FICO Releases Machine-Learning Cyber Risk Score on AWS Marketplace

Analytic software firm FICO announced today that the latest release of the FICO® Cyber Risk Score is now available on AWS Marketplace. The latest release of...

Fleet Mortgages announce new BDM for South region

Fleet Mortgages, the buy-to-let specialist lender, has today announced the appointment of a new business development manager (BDM) for the South region....

The Financial World Will Be Completely Reliant on Big Data Within Five Years

Almost two-thirds (64%) of CFOs expect that within the next five years the financial world will no longer be able to operate without big data, however, 13% of...

Shield Awarded ‘Fintech Innovation: Best Regtech Platform 2019’ by Juniper Research’s Future Digital Award

Specialist Regtech provider Shield is proud to announce it has been awarded ‘Fintech Innovation: Best Regtech Platform 2019’ by Juniper...

Zephyr Homeloans lowers rates and fees

Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has sharpened the rates on its range of five-year, fixed-rate deals — and lowered...

Hope Capital extends lending up to 2 years

Hope Capital has extended its lending to 24 months. Up until now Hope Capital’s maximum lending term was 12 months but this has now been doubled where it is...

Equifax hires new Chief Product and Marketing Officer for UK and Ireland

Equifax, the consumer and business insights expert, has appointed Jayadeep Nair as Chief Product and Marketing Officer for its UK and Ireland business. With...

Comment: EU proposes new anti-money laundering body

Plans from the EU to introduce a new AML body to combat the transfer of illegal money is a welcome one. But the responsibility to mitigate money laundering...

“Government is waking up to the seriousness of economic crime” – comment

Ahead of a new report being published by the Treasury Committee tomorrow, warning banks to do more to protect and reimburse consumers exposed to economic...

Stacey English Joins Corlytics from Thomson Reuters

Corlytics, the global leader in regulatory risk rating has appointed Stacey English to its executive team as Chief Digital Officer. Stacey will lead...

Commenting on US Q3 GDP growth beating expectations

Commenting on US Q3 GDP growth beating expectations, Chris Towner, Director at JCRA, said: “The Q3 GDP in the US, despite showing slowing growth, did beat...

Third quarter figures show US economy remains resilient

Commenting on US GDP and the likelihood of further interest rate cuts, Rupert Thompson, Head of Research at Kingswood, said: “Third quarter US growth came in...

Customers rate LendingMetrics

Automated underwriting technology company LendingMetrics has scored highly in a recent customer satisfaction survey. The firm’s survey of clients found that...

AccountScore and Equifax release new Open Banking credit risk index

AccountScore and Equifax have today announced the release of a new credit risk index for the consumer lending sector which allows financial institutions to...

Research Reveals That Wide Adoption of Legal Entity Identifiers Could Save Banks an Estimated U.S.$2-4 Billion per Annum in Client Onboarding Efficiencies

Research conducted by McKinsey on behalf of the Global Legal Entity Identifier Foundation (GLEIF) has concluded that wider use of Legal Entity Identifiers...

Property experts react to Nationwide House Price Index

Nationwide’s latest House Price Index (released this morning) has revealed that the average UK house price has increased by a modest 0.2% in October....

Global economy on the turn?

There are, however, two important provisos to bear in mind. The first is that, although global equity prices may be unchanged, investors will have received a...

SRA review shows fifth of law firms fail on money laundering compliance

The Solicitors Regulation Authority (SRA) is to increase checks on law firms after it found that too many were not complying with anti-money laundering...

IT failures in financial services sector: expert commentary

Comment from Venkatesh Varadarajan, Partner in Financial Services, Infosys Consulting: “In the last year there has been no shortage of news around banks’...

How is AI augmenting compliance practices?

Forming a significant theme in several organisational technology strategies, AI can augment a gamut of business practices, including compliance. Compliance is...

FundingSecure collapses, putting £80m of investment at risk

In what has been a turbulent year for the peer-to-peer lending market, yet another platform has gone into administration, putting £80 million worth of...

TransUnion Appoints Mike Davies as UK Chief Operating Officer

Mike Davies has been appointed as chief operating officer (COO) for TransUnion in the UK. Mike will lead the UK operations, optimising business processes to...

Huntswood appoints ex-FCA Deputy Chief Risk Officer Paul Dyer

Paul Dyer, former Deputy Chief Risk Officer at the Financial Conduct Authority, has been appointed to spearhead work on regulatory risk at Huntswood, the...

Fleet Mortgages launch new HMO five-year pay-rate product and reduces rates across individual range

Fleet Mortgages, the buy-to-let specialist lender, has today (24th October 2019) launched a new five-year HMO fix, plus reduced rates on a number of its...

PCI DSS version 4 release coincides with Eckoh’s compliance anniversary

Eckoh plc (AIM: ECK) is proud to have achieved a milestone event, its tenth year of compliance to the Payment Card Industry Data Security Standard (“PCI...

Expert opinion: NCSC targets payment card fraud

Today, the National Cyber Security Centre revealed that it has thwarted over a million cases of suspected payment card fraud this year. In response to this,...

Parental leave, self-employment and severe ill-health are the UK’s pensions blind spots

More than half of UK adults didn’t know they can contribute to their pension while on parental leave, or that they can access their pension early due to...

Comment – Sterling – what next?

Volatility in the FX markets often hinges on uncertainty. With all the noise surrounding Brexit, which reached a crescendo over the weekend, it is therefore...

Deal or no deal – UK Businesses are not ready for Brexit

Almost two in three UK businesses (63%) say they will not be ready for Brexit by 31 October – and 26% say they need a further 6-12 months to get their...

Commenting on Sterling’s reaction to the rejection of a vote on PM Johnson’s Brexit deal

Commenting on Sterling’s reaction to the rejection of a vote on PM Johnson’s Brexit deal, Chris Towner, Director at JCRA, said: “Boris Johnson’s plan...

Law enforcement capacity in Brazil to investigate and prosecute foreign bribery seriously threatened

The OECD Working Group on Bribery is to send a high-level mission to Brasilia as soon as possible in November, to meet with senior officials, to reinforce the...

Brexit – the never ending saga

The UK parliament is once again seemingly poised to vote on the Brexit deal agreed last week by the Government and the EU. With the result still hanging in the...

The identity challenge: How can banks know who’s who?

Technology has transformed the world of banking, bringing all manner of new services to the table and revolutionising the way that customers manage their...

Reactive comment from Huntswood – FCA H1 2019 complaints data

Following the release of the FCA’s H1 2019 complaints data, Matthew Drage, Director of External Engagement at Huntswood, said: “Following a huge surge in...

Chief Economist at Dun & Bradstreet comments on the new Brexit deal

“A managed Brexit is a better prospect for the UK than a no-deal. With progress having seemingly been made in negotiations between the UK and EU, this lays...

Response to the latest ONS crime figures

Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the Office for National Statistics (ONS) crime in England and Wales...

Commenting on Sterling’s reaction to a Brexit deal being reached

Commenting on Sterling’s reaction to a Brexit deal being reached, Andy Scott, Associate Director at JCRA, said: “Sterling received another leg higher this...

Commenting on a Brexit deal and a big win for Boris

Commenting on a Brexit deal and a big win for Boris, Artur Baluszynski, Head of Research at Henderson Rowe, said: “Big win for Boris. If he manages to get it...

Commenting on Sterling’s reaction to reports of UK/EU negotiators closing in on a Brexit deal

Commenting on Sterling’s reaction to reports of UK/EU negotiators closing in on a Brexit deal, Andy Scott, Associate Director at JCRA, said: “It’s always...

Data Remains Critical Barrier to B2B Customer Experience

Dun & Bradstreet today released its fifth annual Data-Driven Marketing and Advertising Outlook, which shows a strong focus on customer experience (CX) and...

OMS and Knowledge Bank integrate to combine CRM, criteria search and product sourcing

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has integrated with Knowledge Bank...

New mortgages were higher than in any month since last August

Following the UK Finance lending trends figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “We could have been forgiven...

Cash-woe capitals: Birmingham, Leeds and Edinburgh top table of financial worries

The UK’s most financially stressed cities have been revealed in a nationwide study, with Brummies coming out as the worst off. The new research explored the...

How a ‘big Deal’ will not end Brexit and the US-China trade war

It proved to be an unexpectedly eventful week with the agreement of a limited US-China trade deal and the move towards a Brexit Deal. Global equities ended the...

Ethoca Wins Most Innovative Online Solution at the UK Fraud Awards 2019

Ethoca, the leading provider of collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop...

Anti-Money Laundering challenges for Post-Brexit financial institutions in the UK

As the United Kingdom prepares to leave the European Union on October 31st, the financial sector is among those facing the most uncertainty. As a result over...

UK SMEs investing less than their global competition

UK SMEs are least likely to invest in their businesses during the remainder of 2019 according to the latest Global Business Monitor from Bibby Financial...

Nissan warning on no-deal Brexit – comments

Following the news that Japanese carmaker Nissan has warned that a no-deal Brexit could make its European business model unsustainable, Ediz Fahri, Senior...

Cyber Security Month: How clean is your contact centre?

Cyber Security Month aims to teach ‘cyber hygiene’ tips to consumers— but companies need to scrub up too, because contact centres can have dark...

Observability vs. Visibility: Key reasons they are not the same

In today’s increasingly complex cyber landscape, it is now more important than ever for organisations to be able to analyse contextual data in order to make...

SmartSearch receives growth equity investment from Marlin Equity Partners

Award-winning company SmartSearch Ltd, one of the UK’s leading providers of RegTech software focused on Anti-Money Laundering (“AML”) solutions, today...

Open Banking fintech ndgit partners with F10 to bring PSD2 technology to Switzerland

Open Banking fintech, ndgit, is bringing PSD2 Compliance APIs to Switzerland as part of a new initiative launched with F10, the Swiss FinTech Incubator and...

Foundation Home Loans announce new relationship with Mortgage Intelligence

Foundation Home Loans, the intermediary-only, specialist lender has today announced a new relationship with mortgage network and club, Mortgage Intelligence....

Hanley Economic BS launches new part-complete self-build product

Hanley Economic Building Society has launched a new part-complete self-build product. The self-build (part-complete) product is a 3.25% two-year variable...

Financial industry must work together to fight fraud

More than 60 delegates from the UK’s leading banks and other financial organisations have been told that the whole sector can work more closely together in...

PMI Index: UK economy facing ‘heightened risk of recession’,

“The Latest Purchasing Managers’ Index data for the service sector highlights the rising risk of a recession in the UK. The drop from 50.6 points to 49.5...

Equifax celebrates 25 years in Wexford office

Equifax, the consumer and business insights expert, is celebrating 25 years in its Wexford office, having first opened its doors on 5th October 1994. The...

Tackling Economic Crime Awards Finalists

The finalists of the inaugural Tackling Economic Crime Awards (TECAs) have been announced. Recognising the valuable contribution in tackling all areas of...

SAS helps organisations unlock the unrealised potential of their analytics investment

According to IDC, only 35% of organisations indicate that analytical models are fully deployed in production. This results in wasted effort and wasted money....

Security vs. convenience: Delivering seamless, secure service experiences

Customer identity is a precious asset and a highly prized commodity. As the financial services industry has become more digitised down the years,...

Reforms set to pave the way for private-sector growth

Mr. Tahir Al Amri, Executive President, Central Bank of Oman (CBO) talks about Oman’s efforts to enhance its investment climate, in a wide-ranging interview...

How can Invoice Lenders get match fit to minimise future risk?

Hardly a day passes without there being a new report on shrinking manufacturing output, increasing costs to business and fears of an emerging global recession....

Fleet Mortgages announce upgrading of its loan origination notes by Moody’s Investor Services

Fleet Mortgages, the buy-to-let specialist lender, has today announced the ratings of three of its loan origination notes have been upgraded by Moody’s...

Cifas warns holiday makers to be vigilant of scams following collapse of Thomas Cook

Cifas, the UK’s leading fraud prevention service, is warning holiday makers to be vigilant of scams following the collapse of holiday company Thomas Cook...

FICO and Visma Connect partner to offer SaaS anti-financial crime solutions

Visma Connect, the leading Dutch critical payments services provider and FICO have launched a partnership to jointly deliver FICO’s best-in-class...

SmartSearch responds to Cifas stats on rise in mortgage fraud

Martin Cheek, MD at anti-money laundering firm SmartSearch comments on today’s figures from Cifas which show a significant increase in the use of false...

Comment – Central banks and stranger things

It’s been a busy couple of weeks for central bank observers as the ECB, the US Federal Reserve and the BoE communicated updates on their monetary policy...

Mortgage Fraud rises 5% in 2019

Cifas, the UK’s leading fraud prevention service, has revealed that mortgage fraud has seen a 5% increase in the first six months of 2019 compared to the...

OakNorth Bank and secure payments solution, Shieldpay, announce strategic partnership

OakNorth Bank – the UK bank powered by OakNorth – has today announced a strategic partnership with leading high value, secure payments solution, Shieldpay,...

FICO Opens AI Portfolio to Fight Next-Generation Fraud and Financial Crime

FICO® Falcon® X, announced today at the Finovate conference in New York, delivers groundbreaking AI and machine learning technology aimed at preventing new...

Response to the latest ONS retail sales figures

Ryan Kemp, director of retail at TransUnion comments on the latest ONS Retail Sales Index: “In the three months leading up to August 2019, retail sales...

Commenting on the BofE keeping rates unchanged and how it could get ahead of the curve

Commenting on the BofE keeping rates unchanged and how the Bank could get ahead of the curve, Artur Baluszynski, Head of Research at Henderson Rowe, said:...

Yellowhammer Has Notable Implications for Dealer Finance

The Government’s recently published Yellowhammer contingency plan has notable implications for the motor finance sector because the economic disruption could...

Banking on security: keeping data secure in financial services

Financial institutions manage a large volume of sensitive information about their customers. However, the protection of sensitive data in line with...

Arachnys and FICO Partner to Aid Financial Organisations in Managing Corporate KYC Requirements and Accelerating Compliance Processes

FICO, a leading analytics software firm and provider of financial crime compliance solutions, today announced a partnership with Arachnys, a leader in risk...

Phoebus Software launches Innovation Hub

Phoebus Software Ltd (PSL) has launched an Innovation Hub to focus on providing digital and core product developments for new and existing clients. The Hub is...

Verifi Selected as Finalist for Emerging Payments Awards

The 2019 Emerging Payments Awards (“Emerging Payments”) has selected Verifi’s collaboration solution Order Insight as a finalist for its Best Back Office...

CA responds to Governments Consultation on Digital Identity

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today issued its response to the Department for Digital, Media,...

Expert opinion: The data privacy implications of a no-deal Brexit

“The growing prospect of a no-deal Brexit could have a major impact not just on the UK economy, but also on how organisations comply with GDPR. We all know...

ECB cuts interest rates and restarts bond-buying – comment

“The ECB has just announced its decision to restart its asset purchase programme (APP) this November, in which €20bn of bonds are set to be purchased each...

Global financial crime protection specialist appoints chief operating officer

Financial crime and compliance software firm TruNarrative has strengthened its executive-level management team with the appointment of a new chief operating...

Zephyr Homeloans scraps upfront application fees

Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, will no longer charge an upfront application fee. The lender will remove the charge,...

Launch of new Vulnerability Registration Service marks important innovation to protect vulnerable consumers from hardship

In a groundbreaking new step to help protect vulnerable consumers, a group of concerned consumer credit industry professionals have today launched the...

Survey: UK Banks Lead in Race to Merge Fraud, Financial Crime Operations

A new independent survey by research firm Ovum on behalf of global analytic software firm FICO has found that most banks plan to integrate their fraud and...

Spicerhaart comments on the Mortgage Lenders and Administrators Statistics – 2019 Q2

Mark Pilling, is MD at Spicerhaart Corporate Sales said: “The latest Mortgage Lenders and Administrators Statistics reveal that the value of outstanding...

Open Banking to make consumer credit more competitive say 77% of leading experts

A survey of 100 leading global credit experts* has revealed nearly eight out of ten (77%) believe Open Banking will make the market for credit more...

Chirag Shah, CEO, Nucleus Commercial Finance comments on the CYBG SME Health Check Index

The main findings of the CYBG SME Health Check Index show that: SME Health Check Index reduced to 41.9 points in Q2, compared with 48.8 in Q1 Labour market...

Public sector still unprepared for incoming website accessibility regulation, warns Sigma

With just two weeks to go until the UK government implements a new digital accessibility law, many public sector bodies could still be unprepared for the...

Commenting on today’s Eurozone GDP data and how Germany is in a cyclical decline

Commenting on Eurozone GDP data and how Germany is in a cyclical decline, Artur Baluszynski, Head of Research at Henderson Rowe, said: “Global trade tensions...

SM&CR – The Clock is Ticking

While an increasing focus has been given over to the FCA’s review of motor finance, only limited reference has been given to the escalating regulatory...

Lender strengthens Midlands team

Secure Trust Bank Commercial Finance has bolstered its team in the Midlands, with the appointment of Matt Broomfield as Regional Sales Director. Matt has 13...

Landlord education required on EPC legislation – Kate Faulkner

A national awareness campaign is required to help landlords get to grip with new Energy Performance Certificate (EPC) legislation, according to property expert...

Commenting on UK economic health in light of PMI data and Brexit uncertainty

Commenting on UK economic health in light of PMI data and Brexit uncertainty, Artur Baluszynski, Head of Research at Henderson Rowe, said: “In the medium...

New face at LendingMetrics

Michele Pothecary has been appointed Sales Operations Coordinator at LendingMetrics, the auto-decisioning technology provider. She joins from a major South...

OMS adds protection to its platform by integrating with iPipeline’s SolutionBuilder

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, specialist distributors, networks...

TruNarrative provides cutting-edge compliance platform for FinTech money innovator Tally

Financial crime and compliance software firm TruNarrative has been appointed by cutting-edge banking app Tally®, to enhance the customer onboarding and...

Comment – Growth still slowing but central banks are not yet out of ammunition

Commenting on how growth is still slowing but central banks are not yet out of ammunition, Rupert Thompson, Head of Research at Kingswood, said: “Equity...

Labour’s private sector ‘Right to Buy’ would be dangerous and damaging

The Labour Party is reportedly proposing a ‘right to buy’ for tenants in the private sector. This is superficially similar to a scheme proposed by...

KYC compliance costing banks €50 million a year as financial sanctions soar

A typical European bank, serving 10 million customers, could save up to €10 million annually and avoid growing fines by the regulator by implementing...

Specialist Motor Finance opts for auto-decisioning

The latest automated decisioning technology from LendingMetrics has gone live at Specialist Motor Finance (SMF). SMF is using Lending Metrics’ ADP...

Tinubu Square reaches Top 5 in Corda InsurTech Challenge

Tinubu Square, a leading provider of credit insurance, surety and trade finance solutions, has reached the final “top 5” of the inaugural Global Corda...

Commenting on Sterling’s response to Boris Johnson’s announcement

Commenting on Sterling’s response to Boris Johnson’s announcement, Andy Scott, Associate Director at JCRA, said: “Sterling suffered a large sell-off this...

Financial pioneers join the board of Shieldpay as momentum builds around the company

London-based fintech Shieldpay today announces the appointment of Nick Ogden and Jim Cowles as independent non-executive directors to the Company’s board....

FTSE gloomy about economy but fears lessen over Brexit – comment

“The latest study about business confidence towards the UK economy is yet another signal that there is still a high level of uncertainty amongst businesses...

Seraphine warns of the cost of a ‘No Deal’ Brexit

In August 2013 the first official picture of Prince George (attached) was released to the world. The Duchess of Cambridge chose a fuchsia dress from Seraphine,...

Brits’ overloaded wallets leave them vulnerable to fraud

People’s everyday behaviour is leaving them vulnerable to fraud, according to research from Equifax, the consumer and business insights expert. An online...

Q2 Industry report reveals impact of Brexit uncertainty

Dun & Bradstreet has released its Q2 UK Industry Report, which reveals the economic outlook of a range of major industries, as impacted by things such as...

Second charge mortgage market reports volumes up by 15% in June

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

TruNarrative provides cutting-edge compliance platform for FinTech money innovator Tally

Financial crime and compliance software firm TruNarrative has been appointed by cutting-edge banking app Tally®, to enhance the customer onboarding and...

Nine local closures a month must prompt Scottish town rethink

At least 414 bank branch, shop and local premises closures have been announced for Scotland’s towns and villages by big business and the public sector since...

Emerging Markets – Panic Justified?

Both stocks and currencies in emerging markets (EM) have been under pressure in the past few weeks. Some might put this down to the “Sell in May and Go...

Right to buy in top five most popular UK mortgage criteria searches for first time, says Knowledge Bank

Right to buy was amongst the most-searched-for residential lender criteria by brokers for the first time in July according to criteria search specialist,...

Portfolio landlords more likely to remortgage within a limited company, Foundation Home Loans research reveals

The latest landlord research from Foundation Home Loans, the intermediary-only, specialist lender has revealed that a third of all landlords intend to...

Reliable data identified as key to successful automation

Dun & Bradstreet and the Chartered Institute of Credit Management today announced the findings of a multi-national study on how respondent finance and...

Newest WSO2 Open Banking Release Helps Banks Speed PSD2 RTS Compliance

Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive...

SmartSearch: Loophole meaning developers don’t have to run AML checks is ‘opening the gates’ for criminals

Anti-money laundering experts SmartSearch says the ‘anomaly’ where developers selling homes on their own sites do not have to be registered for anti-money...

A machine learning balancing act: Payments, customer experience, fraud detection

The range of potential payment services has expanded rapidly over the last few years. Increasingly, we all want the flexibility of being able to pay with new...

Commenting on the German economy

Commenting on the German economy, Rupert Thompson, Head of Research at Kingswood, said: “German GDP fell 0.1% q/q in Q2. While this contraction followed a...

Scottish job market holds steady

Official figures published today show that the UK employment rate stands at 76.1% – the joint-highest on record since comparable records began in 1971....

Sam Welch Joins TransUnion’s UK Executive Team as Director of Strategy and Planning

TransUnion has appointed Sam Welch to its UK executive team, as he joins the business as part of its global strategy and planning function. Taking up his role...

Comment – The new normal

Bearish views on UK economic prospects are not hard to come by and Friday’s disappointing Q2 growth numbers will have added to the wall of worry. Viewed in...

Fleet Mortgages increase commitment to specialist distributors with onsite underwriter appointment

Fleet Mortgages, the buy-to-let specialist lender, has today announced the appointment of a new onsite underwriter who will work across a range of South East...

ONS monthly GDP estimate – comment

“Latest figures from the Office for National Statistics show that the British economy contracted by 0.2% quarter on quarter in April-June, the first...

Newest WSO2 Open Banking Release Helps Banks Speed PSD2 RTS Compliance

Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive...

Admiral Insurance selects Equifax affordability solution

Admiral Insurance, one of the largest UK insurers, has expanded its strategic partnership with Equifax, the consumer and business insights expert, to power its...

Commenting on the BOE’s inflation report and interest rate hold

Commenting on the Bank of England’s inflation report and interest rate hold, Joshua Roberts, Associate Director at JCRA, said: “The Bank may not have cut...

Interest rate CEO comment: BofE should raise rates and show some confidence

Following the Bank of England’s decision to hold interest rates at 0.75%, Angus Dent, CEO of business lenders ArchOver, comments. “We’re in territory...

The Bank of England interest rates – reaction from Chief Economist

“It was widely anticipated that the Bank of England would maintain the bank rate given the continued uncertainty in the UK market. Although the UK’s...

Equifax InterConnect Flex solution launches for SME market

Equifax, the consumer and business insights expert, has launched its Equifax Interconnect Flex™ solution for the SME market. A pre-configured system designed...

Q2 2019 insolvency statistics – R3 response

Commenting on the Q2 2019 (April-June) England & Wales insolvency statistics (published this morning by the Insolvency Service), Duncan Swift, President of...

Pound drops to lowest level in two years – comments

This morning the pound dropped to lowest level in two years amid a no Brexit deal. Markus Kuger, Chief Economist at Dun & Bradstreet said: “While the...

The state of global interest rates

The pending summer holiday period gives us time to reflect on the year so far and the opportunity to recharge our batteries for what is expected to be a busy...

SME lending hits 2-year high – Bullish approach essential to Brexit survival, says CEO of ArchOver

Following the news that the Bank of England has announced UK SME lending hit a two-year high in June, despite Brexit uncertainty continuing to escalate, Angus...

Commenting on central banks, a UK/EU game of chicken and US long term sustainable growth

Commenting on central banks, a game of chicken between the EU and UK and US long term sustainable growth, Rupert Thompson, Head of Research at Kingswood, said:...

Webio gears up for expansion as EIT Digital Accelerator partnership is kicked off

Webio, the Conversational Middleware Company has partnered with EIT Digital Accelerator to scale-up and expand internationally. EIT Digital is a leading...

Self-control biggest concern over credit cards

Controlling spending temptations and unintentionally falling into debt are the main consumer concerns when it comes to owning a credit card, according to...

75% LTV first-time buyers get access to six times as many products as their 95% LTV counterparts

Mortgage insurer AmTrust’s latest Mortgage Loan to Value (LTV) Tracker has today revealed a significant increase in the cost of the average property bought...

Commenting on the ECB’s interest rate decision

Commenting on the ECB’s interest rate decision, Rupert Thompson, Head of Research at Kingswood, said: “The ECB left policy unchanged at today’s meeting...

The Boris effect on the markets

Yesterday, Prime Minister Boris Johnson unveiled his new cabinet, appointing former Home Secretary Sajid Javid to Chancellor of the Exchequer and giving...

Commenting on the lowest Eurozone manufacturing confidence since 2012

Commenting on weaker than expected Eurozone manufacturing business confidence, Rupert Thompson, Head of Research at Kingswood, said: “Eurozone manufacturing...

Fleet Mortgages extends offer and valuation times for new-build properties

Fleet Mortgages, the buy-to-let specialist lender, has today (24th July 2019) announced it is extending its offer and valuation times for new-build purchases...

Equiniti Riskfactor appoints Michael Stock as Head of Operations

Equiniti Riskfactor, the market-leading provider of risk management and fraud analytics software for the global commercial finance industry, is delighted to...

Three Ways to Improve Your Risk Performance Through Data Technology

Whether you’re evaluating risk at one of the biggest commercial lenders in the world or as an independent factor, you’re likely taking on more risk at a...

Crystal Specialist Finance completes £5.4m expat rebridge in 15 days

An ex-pat borrower has boosted the value of a luxury apartment in central London after completing a £5.4million re-bridge with Crystal Specialist Finance...

UK financial services struggling to cope with spike in GDPR data requests

Financial services businesses have struggled to handle an upswing in personal data access requests since the General Data Protection Regulation (GDPR) came...

TransUnion Launches TrueVision – A New Suite of Trended Data Capabilities to Better Predict Credit Risk

Global information solutions provider TransUnion has announced the launch of TrueVision™ – a suite of trended data capabilities which can fundamentally...

One in seven British adults admit to committing fraud

Cifas, the UK’s leading fraud prevention service, has today released a report in conjunction with WPI Economics, showing one in seven (14%) British adults...

From Brexit to the BRI – Grant Thornton finds geopolitics is hampering mid-sized global traders – but also creating opportunities

New research from Grant Thornton UK LLP reveals that while Brexit and global geopolitics has challenged some mid-market UK businesses, it has also presented...

Families put holidays travel plans on hold as part of cost saving measures

It may be summer holiday season, but the majority of British households (57%) are looking to tighten the purse strings this summer in order to lower the cost...

John Cannon, managing director of Fraud & ID at TransUnion comments on the government’s announcement on the Economic Crime Plan

John Cannon, managing director of Fraud & ID at TransUnion comments on the government’s announcement on the Economic Crime Plan: “The collaborative...

UK Gov Economic crime plan – Dun & Bradstreet comment

“Although there are already questions about whether the plan goes far enough, the additional funding and reform of suspicious activity reporting announced...

ONS Monthly GDP Figures – comment from Dun & Bradstreet

“Today’s data release shows that the British economy is in slightly better shape than initially expected. Following a poor April when industrial production...

Government provides welcome boost to the company car market

The BVRLA has welcomed today’s announcement from HM Treasury confirming the government’s decision to freeze company car tax. A move set to benefit just...

Equifax CEO Mark Begor officially opens new City of London office

Equifax have officially opened the global company’s new office and European headquarters at 1 Angel Court, Bank, London with Mark Begor, Chief Executive...

Specialist lender Together hires Midlands corporate relationship director

Business banking expert Sonia Mann has joined Together as its corporate relationship director for the Midlands as the UK-wide specialist lender continues its...

Experian expands Guaranteed Rates offering

In a bid to boost transparency and help consumers make more informed decisions about their finances, Experian has expanded its guaranteed rates service. The...

CVAs are fatally wounding our High Streets, warns e-commerce delivery expert

As Monsoon seeks to join the ranks of stores slashing rents through a company voluntary agreement, ParcelHero says CVAs are simply speeding up the demise of...

Response to the latest ONS retail sales figures

Ryan Kemp, director of retail at TransUnion comments on the latest ONS Retail Sales Index: “Overall, the volume of total retail sales in the three months to...

Retailers hoping sunnier days are on the horizon

The key findings from the Office for National Statistics showed: In the three months to May 2019, the quantity bought in retail sales increased by 1.6% when...

Foundation Home Loans launches new portfolio landlord special

Foundation Home Loans, the intermediary-only, specialist lender has today announced the launch of a new portfolio landlord special product, with a minimum...

Phoebus Software Limited achieve management buyout backed by NorthEdge Capital

After over thirty years of private ownership, Phoebus Software Limited (PSL) has concluded a management buyout (MBO) backed by NorthEdge Capital. NorthEdge is...

Aqua Security Announces Vulnerability Shield

Aqua Security, the market leader in protecting container-based, serverless and cloud native applications, announced today version 4.2 of its cloud native...

“Giving your bank details to someone you don’t know is like throwing money into a black hole” – Comment from Shieldpay on Cifas

New research has been published by Cifas on the number of people who are being lured into becoming “money mules”. Tom Clementson, Director of Consumer at...

Cifas Fraudscape 2019: Tackling identity fraud must remain top priority

Commenting on today’s annual Cifas Fraudscape report, Keith McGill, head of identity and fraud at Equifax, warns of the growing agility of fraudsters and...

Fraud continues ‘inexorable’ rise in the UK as new annual figures show 6% increase

Cifas, the UK’s fraud prevention service, today paints an alarming picture of fraud in the UK with the release of Fraudscape, the annual publication of its...

Finstar and NDGIT receive Finance IT Innovation Award 2019

The Finstar® Open Banking Ecosystem of Hypothekarbank Lenzburg (HBL) was awarded the Finance IT Innovation Award 2019 together with the NDGIT platform and...

Rent in London up 21.7% since 2011 compared to 9.1% pay rises

There is a massive shortage of homes for rent at reasonable rents for workers in the lower pay grades, says GMB London A new study by GMB of official data...

Drop in the value of remortgaging could suggest those making home improvements are sourcing alternative funding

Jonathan Sealey, CEO at Hope Capital says “The latest UK Finance figures show that after a low end to 2018 and start to 2019, things are really starting to...

TransUnion launches new tool to support UK finance providers and empower consumers to take control of their financial passport

TransUnion, one of the UK’s leading credit reference agencies, has announced the launch of CreditView – a new, white-labelled, interactive solution which...

Asia Report by Atradius

Trade credit insurer Atradius has published an economic report on Asia, analysing the risks and opportunities of trading within the region. The Atradius...

Calls for mandatory electronic AML checks following FCA’s thematic review of money laundering risks in the Capital Markets

This week, the FCA published its thematic review “Understanding the Money Laundering Risks in the Capital Markets” where it aimed to identify...

‘What’s taking so long?’ 51% customers are fed-up with lengthy digital onboarding process

New research from Experian has revealed that most customers (51%) are so fed-up with slow sign-up processes that many will simply abandon their application. At...

Let Alliance Transforms Tenant Referencing in Partnership with TransUnion

Working closely with TransUnion, Let Alliance has completed a two-year strategic project that has resulted in redefining the way that tenant referencing works...

New report names FICO a cyber risk quantification leader

FICO, a leading analytics software company, today announced that it has been named a category leader in cyber risk quantification solutions in the Cyber Risk...

Second charge mortgage market reports volumes up by 24% in April

Commenting on the April 2019 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance...

Foundation Home Loans announce significant growth in portfolio and limited company BTL business

Foundation Home Loans, the intermediary-only, specialist lender has today revealed a significant increase in both portfolio landlord and limited company...

Households have been pushed nearly £2,000 into the red since Theresa May took office, says TUC

Households have been pushed nearly £2,000 into the red in the period since Theresa May became prime minister, according to TUC analysis published today...

The World Bank has warned of weaker global growth – comment

Markus Kuger, Lead Economist at Dun & Bradstreet, said: “It’s unsurprising that the World Bank has adjusted its economic growth forecast given the...

‘The focus on risk identifies and attempts to address the current divergence of risk profiles across products that appear similar’

After the announcement from the Financial Conduct Authority (FCA) about changes to regulating the Peer2Peer industry, James Newbery, Investment Director at...

FCA P2P regulations, BLEND Network view: Regulation does not solve things, good supervision does.

Yann Murciano, Chief Executive at BLEND Network, comments: “At Blend Network, we believe the measures promise to be a positive step forward for P2P...

PSD2 warning: new rules call for anti-fraud investment, Mitek’s EMEA MD

E-commerce giants Amazon, Stripe and Worldpay have warned this morning that online purchases could be at risk thanks to new PSD2 rules set to come into force...

Increased level of risk-taking in retail sector

Growing pressure on the retail sector could increase risk-taking in the supply chain, data in a new report suggests. With more than 7,500 shops closing in 2018...

Hope Capital launches lowest ever rates

Hope Capital has launched its lowest ever interest rate for the month of June 2019. Rates on bridging loan applications will be from just 0.69% per month on...

Commenting on how equity markets have retreated further as the escalation in trade tensions continues

Commenting on how equity markets have retreated further as the escalation in trade tensions continues, Rupert Thompson, Head of Research at Kingswood, said:...

Nucleus Commercial Finance responds to Smith & Williamson SME external finance report

Commenting on Smith & Williamson’s findings that seven in 10 small businesses fail to secure external finance at the first attempt, Simon Willmett,...

Nuapay research finds 89% of merchants are primed for Open Banking

89% of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new...

House building failing to keep pace with population growth in the UK’s fastest growing towns and cities

House building is failing to keep pace with population growth in Britain’s fastest growing towns and cities, research from property P2P lender BLEND Network...

Cybersecurity platform allows firms to provide proof of compliance

ThreatAware – the cybersecurity monitoring and compliance platform – has added a new reporting feature which provides businesses with a full audit...

Cybersecurity and Financial Services – How Can Organisations Combat the Threat?

The financial services industry is naturally a lucrative target for cyber criminals. Financial organisations trade and control vast amounts of money, as well...

Commenting on how Canada is caught between strong economic data and continuing global uncertainty

Commenting on how Canada is caught between strong economic data and continuing global uncertainty, Wesley McDonald, Associate at JCRA, said: “The Bank of...

Four steps for beating procurement fraud

Procurement fraud is always a difficult subject. No one wants to think their employees or suppliers are trying to defraud them, but it’s imperative that...

Second-use of Unexplained Wealth Order as NCA investigates how owner afforded £80m London homes

With this morning’s news that the NCA has launched an investigation into how owner afforded £80m London homes, Aziz Rahman, of business crime solicitors...

Fleet Mortgages launch new five-year standard fixes and cut rates on limited company products

Fleet Mortgages, the buy-to-let specialist lender, has today (29TH May 2019) launched four new 75% LTV five-year fixes in its standard range and cut prices on...

Expert opinion: Fraud refund guarantee scheme

Alex Boothroyd, Senior Banking Fraud Solutions Specialist, SAS UK & Ireland, said: “The implementation of the fraud refund scheme is welcome news that...

1st Stop Group’s loan book passes £200 million mark

1st Stop Group Limited, the specialist consumer lender, is delighted to announce it has passed £200 million of outstanding loans. 1st Stop Group – a...

Analysis shows 2019 set to be year of record AML fines

encompass corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, recently carried out an analysis of Anti-Money...

Global Business Failures Decline Despite Growing Economic Challenges

Dun & Bradstreet’s 2019 Global Bankruptcy report has revealed that business failures have declined globally, despite increased economic challenges....

Are hard-pressed department stores finally getting the hang of online?

Today’s Office of National Statistics (ONS) retail sales figures reveal a mixed picture for April, says the home delivery expert ParcelHero. Overall sales...

Wirex and Elliptic unite in new approach to make cryptocurrency safer

Wirex and Elliptic have strengthened their collaboration in order to reduce the risk of cryptocurrency fraud and money laundering. The new remit solidifies the...

Drooms and Oodrive announce exclusive strategic partnership to win over Europe’s sensitive data market

Drooms, the leading provider of virtual data rooms in Europe, and Oodrive, the European leader in sensitive data management, today announce the signing of an...

JCRA launches new online financial risk management portal for finance directors, portfolio managers and accounting teams

JCRA, the independent financial risk advisor, today announces the launch of Ada, the new digital financial risk management portal for finance directors,...

What you need to know before trading with South America

A country report on South America has been published for export-focused businesses by trade credit insurer Atradius. With information hailed as key to building...

Equifax moves to new City of London office at Bank

Equifax, the consumer and business insights expert, has today moved offices to 1 Angel Court, Bank, at the heart of the City of London. Previously located in...

One Savings Bank appoints Jaywing as independent risk model validation partner, as it embarks on its IRB programme

Credit risk analytics experts, Jaywing, announces that it has partnered with specialist lender One Savings Bank within its second line function, to...

Fraud risk puts sellers off online marketplaces

Over two fifths (43%) of people are put off selling items or services online due to the risk of fraud according to newly published Fraud Tracker data from...

Impact Specialist Finance and UTB in packager agreement

Impact Specialist Finance, the specialist mortgage broker and distributor, has announced a packaging agreement with United Trust Bank (UTB) which will allow it...

An innovative approach to defeating cheque fraud

In our first whitepaper of 2019, Fighting Cheque Fraud in the 21st Century: Cheque Fraud Detection in the New Clearing Model, it was explained that whilst...

Atom bank select TruNarrative for next generation protection against financial crime

TruNarrative are proud to announce their latest partnership with the UK’s first bank built exclusively for mobile or tablet, Atom bank plc, to provide an AML...

FCA Raids Increase – Opinion

The FCA has reported that it carried out more raids last year than in any year since 2010. But Syedur Rahman of business crime solicitors Rahman Ravelli argues...

YouGov poll for the Centre of Policy Studies think-tank on SMEs – comments from Dun & Bradstreet

Tim Vine, Head of European Trade Credit at Dun & Bradstreet said: “Small businesses make up 99% of all private companies and are ‘the engine’ behind...

Foundation Home Loans launch new five-year fixed rate for limited company buy-to-let clients

Foundation Home Loans, the intermediary-only, specialist lender has today launched a new five-year fixed rate product available just for buy-to-let limited...

Consumers need to know their soft vs hard searches

It is the time of year when individuals may be looking to apply for extra credit to pay for things like some home improvements or paying for a summer holiday....

Hastings Direct selects Equifax as long term data partner

Hastings Direct, the technology driven insurance provider, has extended its relationship with Equifax, the consumer and business insights expert, in a...

Tories ‘not on the side of small business’, say voters

Former senior Government adviser calls for urgent simplification of small business tax regime in a major new report on small businesses. YouGov polling of both...

Banks have buried their heads in the sand when it comes to victims of fraud – comment from Peter Janes, Shieldpay

After news today from the Financial Ombudsman that big banks are receiving increasing numbers of complaints over compensation for fraud, Peter Janes,...

Securitisation and funding expert, Ian Sutton, joins Phoebus Software as company continues to expand

Ian Sutton has joined Phoebus Software Limited (PSL) as a consultant specialising in the funding and financial aspects of lending. Ian’s appointment is one...

Comment on ING’s International Survey on New Technologies – Moneyhub

In advance of tomorrow’s release of the ING’s latest International Survey on New Technologies, Samantha Seaton, CEO of Moneyhub has commented on the...

Three in ten British adults spent more than they received in income in the past month – R3

Three in ten (28%) British adults ran a ‘deficit budget’ in the past month, spending more during the month than they received in income, according to new...

Three in ten British adults spent more than they received in income in the past month

Three in ten (28%) British adults ran a ‘deficit budget’ in the past month, spending more during the month than they received in income, according to new...

Global supply chain mapped in minutes with optimisation

BASF has optimised one of the world’s largest supply chain networks using FICO® Xpress Optimisation. BASF’s advanced business analytics team used the...

Commenting on the escalation of trade tensions between the US and China

Commenting on the escalation of trade tensions between the US and China, Rupert Thompson, Head of Research at Kingswood, said: “Equity markets have been...

Fleet Mortgages introduces 80% LTV product range plus further criteria changes

Fleet Mortgages, the buy-to-let specialist lender, has today (13th May 2019) announced the addition of 80% LTV products across the three core areas of its...

Atom bank select TruNarrative for next generation protection against financial crime

TruNarrative are proud to announce their latest partnership with the UK’s first bank built exclusively for mobile or tablet, Atom bank plc, to provide an AML...

Crystal Specialist Finance launches new Specialist Residential offering

Crystal Specialist Finance (CSF) has launched a new Specialist Residential offering to meet growing demand from brokers looking to place complex first charge...

UBS reduced fraud by 84 percent with AI

UBS Card Center, which processes roughly 25 percent of all credit cards in Switzerland, has won the Security Innovation of the Year award at the Retail Banker...

SFO spends £7.5M on GlaxoSmithKline Investigation

The Serious Fraud Office’s abandoned investigation into Glaxosmithkline cost £7.5M. Nicola Sharp of business crime solicitors Rahman Ravelli considers the...

Review shows too many law firms falling short on anti-money laundering

A review has shown that a significant minority of law firms are not doing enough to prevent money laundering, with some falling seriously short. The Solicitors...

Warranty issues prove ‘no obstacle’ to Aspen’s Finish and Exist customer

A client unable to finish a three-house property development due to limited cashflow and no warranty is back on track thanks to Aspen Bridging’s underwriting...

George Robbins, director of financial services at TransUnion in the UK comments on the latest BofE Money and Credit statistics

George Robbins, director of financial services at TransUnion in the UK comments on the latest BofE Money and Credit statistics: “The latest monthly Money and...

The Dragon’s Den Effect – a fifth of SME leaders are unable to recall any of the key financial statistics about their business

With many successful entrepreneurs stumbling over their figures when facing the Dragon’s Den, new research from Nucleus Commercial Finance shows that SME...

‘Challenges remain’ for many households despite slowdown in consumer credit growth

The Bank of England has today published its latest monthly Money and Credit figures showing consumer credit growth slowed to 6.4 percent in the year to March...

Nationwide HPI – hopeful signs of renewed activity – comment from Gary Barker, CEO, Reapit

Following today’s Nationwide house price index, Gary Barker, CEO, Reapit, said he sees the hopeful signs of renewed activity: “An extension to the Brexit...

Citi Global Trade Uses AI to Digitise Compliance in NextGen Project

Citi announced today its NextGen project, an initiative with EY and SAS, using artificial intelligence (AI) to develop an advanced risk analytics scoring...

Hanley Economic BS surpasses six-month Scottish application and advances target

residential and self-build markets by 66% and 23% respectively. The society extended its self-build and residential mortgage offerings into Scotland in...

Comment – Global equities rise but can they continue their upward march?

Commenting on whether global equities can continue their upward march, Rupert Thompson, Head of Research at Kingswood, said: “Equity markets have recovered...

Hampshire Trust Bank turns to Jaywing for IFRS 9 stress testing solution

Credit risk and Artificial Intelligence (AI) expert, Jaywing, has been appointed by Hampshire Trust Bank (HTB), the UK-based asset finance, property finance...

Verifi Hires Hitesh Anand As Chief Product Officer

Verifi, Inc., leading provider of chargeback & dispute mitigation services for card-present and card-not-present merchants, today announced that Hitesh...

LCPAca Resi Index March: UK sees lowest price growth since 2013

Headlines from March Report: UK sees lowest price growth since 2013 Prime Central London (PCL) Brexit’s false dawn brings surge of activity Average annual...

UK export growth slows amid global trade tensions

Growth in UK manufacturing export orders weakened to a three year low in Q1 2019, according to the latest Lloyds Bank International Trade Index, compiled in...

New PSD2 rules could lose retailers £60bn – Mitek EMEA MD comments on solutions

Rene Hendrikse, EMEA MD of Mitek: “Sooner rather than later, retailers must recognise the need to invest in anti-fraud technologies. With the new anti-fraud...

New B2B Fraud Prevention Network launched to tackle ever-changing corporate fraud tactics

Graydon, leading provider of business data, insights, analytics and solutions identified £500,000 worth of suspected frauds across the UK, every week in 2018,...

David Finch appointed chief revenue officer for TransUnion in the UK

TransUnion (formerly Callcredit) has appointed David Finch as chief revenue officer (CRO) to lead its go-to-market strategy and drive revenue for the UK...

Expert opinion on GCHQ announcement – combatting credit card fraud

Alex Boothroyd, Senior Banking Fraud Solutions Specialist, SAS UK & Ireland: “While it should be a huge help to banks that GCHQ is happy to share...

Cyber-attacks soar in 2019, with most UK businesses left unprepared to respond

As we approach the first anniversary of GDPR, cyber-attacks are rocketing in 2019, with more than half of British firms reporting cyber-attacks this year....

Yooz leverages Artificial Intelligence to help UK businesses tackle invoice fraud

Yooz, an international provider of intelligent P2P software in the Cloud, today announced the launch of YoozProtect, a new functionality to assist in the...

7.5 million Brits fall victim to seller fraud

Nearly half (47%) of people who have sold an item or service online have fallen victim to fraud according to new Fraud Tracker data from Shieldpay. This totals...

FICO augments Decision Management Platform with open APIs and Kubernetes

Today, FICO announced the latest version of its industry-leading Decision Management Platform (DMP). FICO DMP is a platform for cloud-based, digital...

Changing the way data is interrogated and benchmarks viewed

big xyt, an independent provider of high-volume smart data and data analytics, is pleased to announce that, following consultation with a number of clients,...

DBRS: Brexit Delays – The New Normal

DBRS has taken a consistent view on the credit implications for the United Kingdom of Great Britain and Northern Ireland (U.K.) following its 2016 decision to...

Mixed Messages from the FCA on Brexit

Setting out its priorities for 2019 the Financial Conduct Authority (FCA) is warning of the burden being placed on it by Brexit, despite just days earlier...

Are consumers the saviours of Brexit?

It is clear that as we grow closer to Brexit, the UK’s economy’s growth is slowing. In 2018, the British economy grew by 1.4% which is the weakest...

Amazon fake reviews: industry needs to prevent fraud rather than offer a cure

After news that Amazon is struggling to verify thousands of brands and reviews on the site, Tom Clementson, Director of Consumer and SMB at Shieldpay,...

ieDigital shortlisted for open banking and rebranding awards

ieDigital was today shortlisted in two categories at the Credit Awards 2019. The categories are ‘Excellence in open banking’ and ‘Best rebrand’. The...

Expert response to TSB fraud refund guarantee

Alex Boothroyd, Senior Banking Fraud Solutions Specialist, SAS UK & Ireland: “With £1.2bn lost to bank fraud in 2018, TSB has shown initiative and taken...

African Data Centre Provider is Finalist for the third year in a row in the prestigious UK DCS Awards

Following a stringent judging process, Rack Centre, African Premium Data Centre is a finalist for the third year in a row in the prestigious UK Data Centre...

CHL Mortgages appoints Jaywing to deliver a comprehensive IFRS 9 model monitoring suite

Credit risk expert, Jaywing, today announces a new engagement to develop a comprehensive IFRS 9 model monitoring solution to mortgage provider, CHL Mortgages....

Equifax hires new Vice President of Operations for UK and Ireland

Equifax, the consumer and business insights expert, has appointed Tony Banks as Vice President of Operations for the UK and Ireland. With over 20 years of...

Medscheme Transforms Claims Management Efficiency using FICO Decision Technology

Medscheme, one of South Africa’s largest providers of administrative and health risk management solutions for the health care sector, has created a modern...

LTV Tracker reveals increase in deposit requirements for first-time buyers resulting in increased mortgage costs

Mortgage insurer AmTrust’s latest Mortgage Loan to Value (LTV) Tracker has today revealed a significant increase in the cost of the average first-time buyer...

Report released on Cybersecurity, Consumer Privacy, and 5G Technology

The Consumer Choice Center announces the release of a policy note on consumer privacy and cybersecurity in Europe. The policy note discusses current privacy...

It’s Business as Usual for Most Consumers Impacted by Payment Card Fraud

In 2018, millions of consumers had their personal data compromised by breaches across a diverse set of industries—from tech to retail to hospitality and...

VAS Panel celebrates 50th new client with Masthaven Bank partnership

VAS Panel is celebrating a landmark achievement having secured Masthaven Bank as its 50th lender client in a little over one year. Under the terms of the...

Rated People partner with Shieldpay to prevent fraud

Rated People has partnered with Shieldpay to offer Protected Payments and give consumers and tradespeople a safe way to transact. Shieldpay’s instant digital...

Comment on news that the FCA has fined Standard Chartered Bank £102.2m for anti-money laundering breaches from John Dobson, CEO of anti-money laundering firm SmartSearch

John Dobson, CEO of anti-money laundering firm SmartSearch comments on news that the FCA has fined Standard Chartered Bank £102.2m for anti-money laundering...

Chartis names FICO a leader in AI for Financial Services

FICO, a leading analytics company, today announced that it has been named a category leader in the AI in Financial Services, 2019; Market and Vendor Landscape...

Fleet Mortgages return to market with enhanced product range & criteria

Fleet Mortgages, the buy-to-let specialist lender, has today (9th April 2019) announced its return to the mortgage market with a full product range including a...

Insecure managers damage business

Managers who are threatened by subordinates can cause huge damage to their workplace due to feelings of insecurity, a new study has shown. The findings, from a...

Virgin Money tests Jaywing AI technology to enhance risk models

Virgin Money recently worked with data science expert, Jaywing, to deploy Artificial Intelligence (AI) tests through the use of its AI product, Archetype in...

Two out of three cyberattacks make use of “friendly” programs and fileless malware

Over the last few years, infections due to malware have been steadily falling, and are giving way to new, more sophisticated behaviours from cyberattackers....

The Access Group welcomes Unicorn to the family

The Access Group today announced the acquisition of Unicorn, the UK’s leading provider of learning technology solutions. The Access Group sees the addition...

Austerity ushers in data innovation in the UK’s public sector

Big Data LDN (BDL), the UK’s largest exhibition and conference for data leaders, today revealed findings from its Public Sector Data Report 2019. The...

4C Strategies appoints Jonas Jonsson to lead its UK and International expansion

From April 1st, Jonas Jonsson takes on the role as Managing Director for 4C Strategies UK and International operations, headed from London. The merger of the...

Proprietary Phonetic Fingerprint Technology to Fight Money Laundering Launches in the UK

To help UK financial institutions and businesses stamp out money laundering activities, remain compliant with legislation, and improve efficiencies, Israeli...

Shield and Trusted Data Solutions Announce International Partnership

Specialist RegTech provider Shield Financial Compliance (Shield) and the global leader in legacy data management and transformation, Trusted Data Solutions...

UK a procurement fraud capital, SAS research shows

Procurement fraud is widespread in the UK and the country lags behind many countries in its detection capabilities, new research from SAS reveals. British...

FICO Cyber Risk Score to Measure Supply Chain Risk for T-Mobile

FICO announced today that T-Mobile, one of the leading US mobile carriers, will use the FICO® Cyber Risk Score as a key quantitative risk metric in its vendor...

Nationwide partners with Jaywing to explore ‘explainable’ AI-driven application scoring

Nationwide, the UK’s largest building society, has chosen credit risk and Artificial Intelligence (AI) experts Jaywing, to work with its analytical team on a...

ICO opens Sandbox beta phase to enhance data protection and support innovation

The Information Commissioner’s Office (ICO) has opened the beta phase of its Sandbox, a new service designed to support organisations using personal data to...

Nationwide House Price Index: Brexit not the only factor to blame

According to data from mortgage lender, Nationwide, British house prices picked up ever so slightly during a turbulent month in politics. Gary Barker, CEO of...

Grupo Fleury Streamlines Demand Planning with FICO Platform

Grupo Fleury, one of Brazil’s largest diagnostic medicine companies, has created an automated demand planning management platform – the Fleury Forecaster...

Equifax and FICO introduce strategic partnership to deliver the Data Decisions Cloud

To increase velocity for deploying predictive models, FICO and Equifax are introducing the Data Decisions Cloud. The new Data Decisions Cloud is an end-to-end...

UK GDP growth to outpace Germany this year if no-deal avoided

The UK economy could grow faster than its German counterpart this year if it can avoid a no-deal Brexit, according to Euler Hermes, the world’s leading trade...

Jigsaw Finance Targeting Growth

In the aftermath of the FCA review of motor finance, Jigsaw Finances announces ambitious growth plans To provide its innovative Finance Assist Service to...

Hanley Economic BS bolsters shared ownership product range

Hanley Economic Building Society has bolstered its shared ownership product range with the launch of a no-fee, shared ownership variable discount mortgage for...

UK fintech SamePage chosen to ‘revolutionise’ Green Deal loan market

A new fintech software company set up to transform the consumer lending journey has “revolutionised” access to environmentally friendly home improvement...

Commenting on how recession fears are likely to remain and UK consumers faring well

Commenting on how recession fears are likely to remain and how UK consumers are faring well, Rupert Thompson, Head of Research at Kingswood, said: “Fears of...

Reaction to today’s ONS retail figures

There was a little bit of optimism in both the non-retail and fuel sectors but food stores took a little bite. The key findings from the Office for National...

The money laundering implications of Brexit – Opinion from Rahman Ravelli

Among the political turmoil over Brexit and the UK’s future relationship with Europe, the issue of money laundering seems to have been overlooked so far. And...

Elliptic makes senior hires to drive growth and support increasing demand

Elliptic, the world’s leading cryptocurrency compliance company, today announces a series of strategic hires to strengthen its senior leadership team....

Firms increasingly cautious on risk-taking in the supply chain

Companies are increasingly cautious over taking risks in their supply chain, with fears over their level of dependence on suppliers and sourcing from high-risk...

Fiduciam expands into Germany with a new office with aim to help UK brokers leverage property overseas

Fiduciam, the short to medium term lender renowned for its business and overseas lending, has just expanded into another European country, opening an office in...

Paradigm launch guide to Senior Managers & Certification Regime

Paradigm Mortgage Services, the mortgage services proposition, has today (18th March 2019) announced the launch of a new free Guide for all directly authorised...

Firms pay bosses more and shareholders less after a cybersecurity breach, study reveals

Bosses are more likely to receive a pay rise after their firm suffers a cybersecurity breach, a study has found. Researchers at Warwick Business School found...

Euler Hermes launches its open data portal, granting public access to millions of exclusive data

Euler Hermes has released its open data platform for anyone to access, use and share its valuable data on international B2B trade and is committed to expanding...

A little ray of hope amidst uncertainty – Comment on the UK Finance lending trends

Following the UK Finance lending trends for January, Richard Pike, Phoebus Software sales and marketing director, says “The turmoil in government is...

Santander Brazil Deploys New Strategies in Half the Time with Centralised Decision Engine from FICO

Santander Brazil can now deploy or change new lending strategies and new analytic models in half the time using the FICO® Decision Management Suite. The bank,...

Spring Statement – reaction from Lead Economist at Dun & Bradstreet

Phillip Hammond has just announced the new Spring Statement. If you are covering the news and are looking to include commentary, please find comments from...

Payment authentication based on fingerprints is not fool proof

On the news that NatWest is trialling fingerprint debit cards to remove the £30 contactless payment limit, Toni Vitale, head of regulation, data &...

Building the foundations for keeping legal data safe

Information management is vital to the daily operations of any law firm or legal department in Europe. The policies set and the responsibilities assigned for...

Commenting on stronger than expected UK GDP as the Brexit vote looms

Commenting on stronger than expected UK GDP as the Brexit vote looms, Rupert Thompson, Head of Research at Kingswood, said: “The January GDP data provided...

Compliance and procurement professionals’ confidence declines as environmental, regulation and fraud concerns grow

Dun & Bradstreet’s 2019 Compliance and Procurement Sentiment report finds that confidence around the effectiveness to prevent fraud, manage regulation...

FICO’s Marta Czerep Named to DataIQ 100 List of UK Analytics Leaders

Marta Czerep, a senior manager in the EMEA Analytic Consulting Team for analytic software firm FICO, was named one of the DataIQ 100 for 2019. DataIQ revealed...

Commenting on a make-or-break Brexit and a slowdown in global growth but bullish US sentiment

Commenting on a make-or-break week for Brexit looming and how there is still a slowdown in global growth but US sentiment is bullish, Rupert Thompson, Head of...

95 bank accounts mainly belonging to Chinese students frozen in money laundering crackdown

In a major co-ordinated operation, police and law enforcement agencies froze 95 bank accounts belonging mainly to Chinese students in an attempt to tackle...

Ayotunde Coker selected as a member of Data Economy Power list of 200 Individuals affecting the Data Centre world

Data Economy, one of the world’s most prestigious publications devoted to the global data industry has selected Dr Ayotunde Coker, the Managing Director of...

Institute marks 140 years at the heart of the finance sector

Today marks the 140th anniversary of the establishment of The London Institute of Banking & Finance. The Institute of Bankers, as we were called in 1879,...

Insurance professional warn on legal risks from a bad Brexit and the impact on claims

New research among insurance professionals reveals that more than a third (37%) believe there is a high risk of company directors being sued by investors and...

UK Housing market showing greater resilience than expected

Speaking after the release of the latest Halifax House Price Index, Roxana Mohammadian-Molina, Chief Strategy Officer at leading peer-to-peer property lending...

Kensington Mortgage and Property Report – March 2019

Key Highlights Kensington has developed a proprietary loan level predictive modelling tool used to forecast the performance of UK residential mortgages It was...

Dramatic growth in insurance blackspots predicted

Large corporations have become so complex they are dangerously underinsured for key business risks, warns Mactavish, the leading expert on commercial insurance...

UK Fintech Evergreen Chooses FICO Analytic System to Automate Credit Decisions

Evergreen Finance London Ltd, a leading UK fintech that operates as MoneyBoat.co.uk, have recently selected FICO technology and analytics to automate lending...

Equiniti Riskfactor launches new training academy

Equiniti Riskfactor is pleased to announce the launch of a new interactive training course on receivables finance, working with On Business Training, a...

99% of financial firms expect to benefit from Open Banking, with improved customer onboarding the main driver of adoption

A near-unanimous 99% of financial services organisations polled expect Open Banking to benefit their business. Over half (52%) believe that Open Banking will...

Shield FC Finalist in RegTech Insight Awards and National Technology Awards 2019

Specialist RegTech provider Shield Financial Compliance (Shield FC) has been shortlisted for four RegTech Insight Awards 2019 categories and at the National...

Fraudsters increasingly target over 60s and look to countryside for new victims

Fraud against older people soared last year as criminals looked beyond the UK’s cities and towns for new victims, according to Experian. City dwellers whose...

AML firm SmartSearch named in The FT 1000 annual list of Europe’s fastest-growing companies

Leeds Anti-Money Laundering (AML) firm SmartSearch is officially one of the fastest growing companies in Europe after being named in the FT 1000. FT 1000:...

Equifax research shows young people more at risk from fraud

Young people are significantly less likely to monitor their bank balances, exposing them to risks from fraud, according to research from Equifax, the consumer...

Payment scam victims more likely to be reimbursed – comment from Shieldpay’s Tom Clementson

In light of today’s news from the Payment Systems Regulator which will increase standards to stop consumers being made victims of ‘push’ payment fraud,...

Brexit cited as top macroeconomic factor likely to fuel European restructurings in 2019

Brexit is the main macroeconomic factor likely to drive a European restructuring wave in 2019, according to Debtwire’s 15th European Distressed Debt Market...

Revolut money laundering: AI essential to reduce fraud – SAS

Colin Bristow, Fraud & Anti-Money Laundering Specialist at SAS UK & Ireland said: “Revolut may have enabled thousands of fraudulent payments simply...

SAS, GARP survey: 81 per cent of risk professionals already seeing value of AI

Artificial intelligence (AI) is transforming all industries, including financial services. A survey from analytics leader SAS and the Global Association of...

M&S Bank enables faster mortgage applications with Open Banking

M&S Bank has become one of the first mortgage providers to enable open banking assisted mortgage applications. The open banking enabled mortgage journey...

New cybersecurity platform offers peace of mind for financial services firms

With information security a key issue for financial services firms, a new software platform allows directors with no specialist IT skills to monitor the whole...

Sterling and a “cliff-edge” Brexit

Commenting on Sterling’s gains following reports that a “cliff-edge” Brexit will be prevented, Andy Scott, Associate Director at JCRA, the independent...

SPINR launches, bringing a new era of data management to smaller organisations in the public sector

Cloud-based data and API integration platform SPINR today announces its official launch as a catalyst for smaller organisations across the public sector,...

Financial service cyber attacks increased fivefold in 2018

According to the Financial Conduct Authority, the UK saw a fivefold increase in data breaches in 2018 compared to the year before. In April 2018, seven retail...

SFO closes GlaxoSmithKline investigation and investigation into Rolls-Royce individuals

Commenting on the SFO’s decision to close the investigations into both GlaxoSmithKline (GSK) and Rolls-Royce, Aziz Rahman, Senior Partner at business crime...

Brexit clinics: Don’t trust to banks alone – ArchOver

Angus Dent, CEO, ArchOver: “What a resounding compliment to the negotiating powers of our Government it is that the FSB and CBI’s best advice at this point...

Foundation Home Loans launch new ‘Fix to Flex’ five-year buy-to-let deal

Foundation Home Loans, the intermediary-only, specialist lender has today (21st February 2019) announced the launch of its new ‘Fix to Flex’ five-year,...

CallMiner and Morae Global Announce Partnership to Deliver Conversational Behavioral Analytics for Financial Services Risk Mitigation and Regulatory Compliance

CallMiner, the leading provider of award-winning speech and customer engagement analytics platform CallMiner Eureka, announced today a partnership with Morae...

RapidLEI Debuts On-demand Legal Entity Identifier API

RapidLEI, a GLEIF accredited LEI issuer specialising in the automation of the LEI provision process, has launched the industry’s first comprehensive API...

“Decision makers don’t place a high enough value on technology” – research from Centtrip

One in five (21%) businesses in the UK believe that decision makers do not place enough value on technology and 24% do not understand how fintechs could help...

UK property transactions drop by a third over the past three months as Brexit bites

Reapit research has found that UK property transactions have plummeted by a third in the past three months as Brexit uncertainty weighs on the market. Reapit,...

Used Vehicle Future Values: Getting Them Right Matters in Finance

Demand for quality used stock was strong throughout 2018 with average values rising at auction sustained by a combination of strong dealer demand and retailing...

Commenting on today’s GDP numbers and the woefully ill-placed position of both Europe and the UK

Commenting on today’s European GDP numbers, James Faulkner from Master Investor, the UK based investment media and events company, said: “Today’s GDP...

No deal Brexit could complicate cross border debt enforcement warns RSM

Lenders could find it much harder to enforce cross border debts in the event of a no deal Brexit, RSM has warned. Currently, European regulations facilitate...

The First Norwegian Bank Selected to Demo at Finovate

Monobank, a cloud-based bank focused on consumer finance in the Nordics, showcased its new white label credit card app Mono Pay for Europe’s finance and...

Aire and Experian Announce Reseller Agreement to Develop New Credit Services

Aire, which aims to make credit fairer for consumers, and more valuable to lenders, has entered into a reseller agreement with Experian. Experian can now sell...

Businesses can now take full advantage of analytics

Today, FICO announced a community version of FICO Xpress Insight, a decision support application that enables data scientists to rapidly deploy any advanced...

Optimisation solves large-scale wind farm design problem

Ørsted, the world’s leading offshore wind farm developer, has used FICO® Xpress Optimisation to develop a novel digital solution for designing an...

Shield FC Named One of the Most Influential FinTech Companies for 2019

Specialist RegTech provider Shield Financial Compliance (Shield FC) is proud to announce it has been named as one of Financial Technologist Magazine’s List...

NDGIT opens new office in London as part of international expansion

German-based fintech company, NDGIT, today announces the opening of a new London office as it rolls out its API platform for banks and insurance organisations...

Newcastle Building Society sees significant uplift in Risk Model performance, using Jaywing’s AI product Archetype

Credit risk and Artificial Intelligence (AI) expert, Jaywing, today announces the results of an exploratory piece of work undertaken for Newcastle Building...

MEPs confirm Commission blacklist of countries at risk of money laundering

By Chris Laws, Global Head of Product Development, Compliance & Supply Solutions at Dun and Bradstreet “The EU blacklist is an important tool to combat...

Commenting on the Bank of England cutting its growth forecast to lowest level since 2009

Commenting on the Bank of England cutting its growth forecast to the lowest level since the financial crisis, James Faulkner from Master Investor, the UK based...

The Bank of England interest rates – reaction from Lead Economist at Dun & Bradstreet

Markus Kuger, Lead Economist, Dun & Bradstreet“The Bank of England’s decision to maintain interest rates was largely anticipated by the markets and is...

BoE slash growth forecasts, impact on Sterling

Commenting on Sterling’s fall as Brexit optimism fades and the Bank of England slash growth forecasts, Andy Scott, Associate Director at JCRA, the...

New customer signed for ADP

LendingMetrics is providing its ADP platform to Evolution Money in a move that will speed up turnaround times and improve efficiency at the fast-growing...

Average earnings in East of England 9.9% below real value of earnings in 2007

A study of official data by GMB has shown that in the East of England, full-time workers’ mean gross annual pay in 2018 was just 90.9% of what it was in...

Scandinavian finance leader doubles fraud detection rate with FICO

EnterCard, one of the leading Scandinavian finance companies, has sharply reduced its fraud rate and generated massive savings using the FICO® Falcon®...

TransUnion teams up with PSaS to deliver new deceased credit file report

Probate Searches & Services Ltd (PSaS) has selected TransUnion (formerly Callcredit) to provide account information checks as it launches a new credit...

OMS hits half a billion lending milestone

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has achieved half a billion pounds worth of lending...

Nissan: Brexit is a sideshow

As Nissan decides to build its new X-Trail model in Japan rather than Sunderland, Dr Jonathan Owens, Lecturer in Operations Management at the University of...

Centtrip appoints Pierre Suhrcke as non-executive director

Centtrip, a leader in intelligent treasury management, has appointed Pierre Suhrcke as a non-executive director. Pierre will join the Board of Centtrip...

Stronger data protection with updated guidelines on assessing information security controls

Software attacks, theft of intellectual property or sabotage are just some of the many information security risks that organizations face. And the consequences...

The used car outlook from findandfundmycar.com

The used car market is set to become an even more challenging environment in 2019, but there are ways for dealers to sustain sales and the bottom-line. This is...

Stonebridge Group announces continued growth in 2018

Stonebridge Group, the mortgage and insurance network, has today (30th January 2019) announced another year of business volume growth across its three key...

Backstop or no backstop: Graydon steps up to the plate in Ireland

Graydon, leading provider of business data, insights, analytics and data-solutions announced today that the business is strengthening its offering into...