Conveyancing Association launches fifth version of Cyberfraud & Fraud Protocol

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today launched a revised fifth version of its Cyberfraud and Fraud...

The North East is Britain’s most pandemic proof new build hotspot

The latest research by the property developer, StripeHomes, has revealed which parts of the new build property market are home to the most significant property...

FLA response to the Spending Review

Commenting on the Chancellor’s Spending review, Stephen Haddrill, Director General of the FLA, said: “The creation of a National Infrastructure Bank and...

FSB in Scotland on spending plans

The Chancellor Rishi Sunak this afternoon outlined the UK Government’s spending plans for the year ahead. Andrew McRae, the Federation of Small Businesses’...

Comment: Spending review – National home building fund “needs to translate into action”

Following the Chancellor’s spending review this afternoon, John Goodall, economist and CEO of buy-to-let lender Landbay, said: “In a year that has seen the...

Comment: £1bn benefit fraud means UK must “invest into better systems” to protect public money

Following the news that fraudsters have taken advantage of looser rules around universal credit claims during the pandemic, John Dobson, CEO of anti-money...

Covid pandemic leads to deterioration of UK payment practices

Late payments have escalated since the onset of the coronavirus pandemic, reveals the latest UK Payment Practices Barometer by leading trade credit insurer...

FICO urges consumers to watch out for Festive Fraud

Christmas sits at the end of the calendar as a bright, gleaming target … for fraudsters. Each year, consumers across the country scramble to find the perfect...

Terrafirma launches first ever climate-focused ground risk assessment

Terrafirma, the leading experts in ground risk assessment, today launches the National Ground Risk Model (NGRM): Climate™. This provides lenders with an...

Japan’s GDP growth will fall again in Q4 in spite of growing export economy, says analyst

Exante’s senior analyst, Victor Argonov says that whilst Japan’s third quarter GDP growth paints a strong rebound of the Japanese economy – its...

Landbay exceeds 5,500% growth in revenue

Landbay, one of the UK’s leading buy-to-let lenders, has achieved 5,520% growth in revenue from 2016 to 2020, lending over £0.6bn during that period. This...

GHL Direct sign-up for Credit Assess

FinTech company, Click2Check, has today announced GHL Direct as the latest advisory firm to sign-up for its Credit Assess product – the white-label...

Vietnam maintains 2020 grow despite pandemic

Vietnam will be one of the few global economies to grow this year forecast economists from trade credit insurer Atradius. The resilience of the emerging...

SmartSearch makes senior appointment to drive global growth

Leading UK anti-money laundering (AML) firm SmartSearch has bolstered its global growth ambitions with the appointment of an international development...

Landbay increases loan size to £2m

Landbay, one of the UK’s leading buy-to-let lenders, has today launched two new ‘large loan’ buy-to-let products with loan sizes of up to £2m....

LM ties with BOX Processing

LendingMetrics’ automated underwriting technology is set to be made available via BOX Processing. A new tie-up between the two companies will see the full...

Turkey’s Akbank Will Use FICO Optimization to Build Value in Credit Card Portfolio

Global analytics and decision management provider FICO is providing decision optimization software to manage the growing consumer credit card portfolio for one...

Bounce Back Loan Fraud

When the bounce back loan scheme was set up, the government rushed so fast because they needed to, and they didn’t put all the normal controls on loans at...

Cyber Essentials certification shows Eckoh’s cyber security commitment

While most of the world has been battling with lockdown, business continuity and staying safe, the world of cyber criminals has been booming with 80% of firms...

Unemployment figures could get even worse in spite of the COVID-19 vaccine, says analyst

EXANTE’s senior analyst, Victor Argonov says that the pandemic may have resulted in a long-term increase in structural unemployment, therefore a COVID-19...

First 4 Bridging launches free 24-hour case checker

First 4 Bridging (F4B) has launched a free 24-hour case checker initiative. This is aimed at providing an option for brokers who may not be specialists in...

Chamber Responds to ONS GDP Figures

Commenting on the latest ONS figures released today showing the UK economy grew by over 15% for the period July to September Chris Fletcher, Director of Policy...

Foundation chooses ADP for decisioning

Mortgage provider Foundation Home Loans is moving its underwriting technology to LendingMetrics’ ADP automated platform. The buy-to-let and residential...

Sub-prime credit card applications rocket in autumn bounce back

New credit card accounts plummeted following the start of the first UK lockdown, but potentially riskier sub-prime approvals have bounced back hardest, more...

Visa selects Aire to provide first-party credit insight through new fintech partner programme

Aire, the credit insight service, has been selected to join the ‘Visa Fintech Partner Connect’ programme, a new initiative designed to help connect Visa...

Fraud is not going anywhere after Covid-19; vulnerable firms must act now to protect themselves

Despite a package of loans giving businesses an unprecedented level of support throughout the pandemic, taxpayers now face losing up to £26bn due to...

Air Group announces first ‘Temperature Check’ of equity release provider service levels

Air Group, the collective of companies covering a range of retirement and later life services, has today announced its first equity release provider...

Risk-Based Finance Pricing Increases Trust in Dealers Significantly

In July 2020, the Financial Conduct Authority (FCA) published their final rules in a policy statement which referenced risk-based pricing as one of the...

Alert over fraud as lenders prepare for extended bounceback loan scheme

Today, banks are braced for the extension of the government’s bounceback loan scheme, signalling a red alert over fraud. The Cabinet Office recently warned...

Lloyds Bank and Demica partner on supply chain finance platform

Lloyds Bank Commercial Banking has partnered with working capital fintech Demica to provide a new supply chain finance platform for UK businesses and their...

Taking Control: Digital Transformation in the New Normal

The latest FICO Virtual Event – Taking Control: Digital Transformation in the New Normal – will be a week-long event beginning Monday, November 9, 2020....

Industry reacts as Halifax reveals house prices have hit new highs

Following the Halifax House Price Index, Director of Benham and Reeves, Marc von Grundherr, commented: “We find ourselves in a dramatically different place...

Automation in AML: Almost 80% of businesses now using electronic checks, but trust remains low

One in five (21%) business decision-makers say they do not trust any of their anti-money laundering (AML) checks to be automated, despite this year’s...

Paradigm launch ‘Lending to the self-employed’ eBook

Paradigm Mortgage Services, the mortgage services proposition, has today launched a new eBook for advisers entitled, ‘Lending to the self-employed’....

N Brown’s deployment of Aire affordability insights surpass 40,000 new customer credit applications

Aire, the credit insight service, today announced that its affordability assessment has helped N Brown Group PLC improve credit decisioning for more than...

Melissa Automates Clean Data Processes with Intuitive Customer Data Validation Platform

Melissa, a leading provider of global data quality and address management solutions, today announced its Unison customer data verification platform as an...

Homebuyers under stress – Knowledge Bank activity tracker reveals

The residential market showed the most consistency out of all seven categories of broker’s criteria searches recorded by Knowledge Bank in October, with...

Money Advice Trust and MALG launch new guidance on vulnerability and GDPR

The Money Advice Trust and the Money Advice Liaison Group (MALG) have today launched new guidance for creditors on vulnerability and GDPR. The guidance, which...

Avetta Financial Risk Launches, Enabling Organizations to Assess the Health of Their Supply Chain

Avetta®, the leading provider of supply chain risk management, launched Avetta Financial Risk™, a tool for evaluating and monitoring the financial health of...

Landbay launches two new products

Landbay, one of the UK’s leading buy-to-let lenders, has today launched two new buy-to-let products with market leading rates. These new products, launching...

UK Banks Face Consumer Frustration Over Customer Identity Management

A new study by global analytics software provider FICO has highlighted the biggest barriers to digital interaction between bank and customer at a time when...

Evolution Money Joins Knowledge Bank

Evolution Money, the specialist second charge lender, has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award winning mortgage...

Four in five UK consumer credit applications declined due to lack of data, research concludes

UK lenders declined up to 1.8 million consumer credit applications worth £10.6 billion last year due to a lack of information about the consumer, rather than...

A Look at the Latest ONS Quarterly Fraud Statistics

“The latest statistics from the National Fraud Intelligence Bureau (NFIB) show a 4% increase in overall fraud for the year ending June 2020, when compared to...

BoE figures comment: Housing market reach “boiling point”

Following the Bank of England’s latest figures showing net mortgage borrowing hit £4.8 billion in September, up from £1.8 billion in August, John Phillips,...

Comments on Bank of England mortgage data

Responding to today’s figures from the Bank of England showing that mortgage approvals for house purchases increased further to 91,500 in September, the...

Mortgage approvals soar to highest levels since 2007

The latest mortgage approvals figures from the Bank of England show that approvals climbed to a huge 91.5k, up from 85.53k on the previous month. Managing...

Oracle Brings Big Bank Anti-Money Laundering Protection to Smaller Institutions

Oracle today announced new cloud services to help mid-sized banks combat money laundering and outsmart financial crime. Oracle Financial Crime and Compliance...

Five ways to keep your personal data safe from hackers

New research reveals that nearly half (49%) of UK adults have not installed or didn’t know whether their mobile phone has security software. So keeping...

Financial victims of coronavirus will see credit scores suffer for over half a decade, warn finance experts

Finance experts TotallyMoney have warned that those experiencing financial hurt due to coronavirus could see their credit scores suffer for six years as...

Regulated firms not meeting their 5MLD obligations

There seems to be a lot of quite understandable concern that many regulated firms are not meeting their obligations under the Fifth Money Laundering Directive...

PurplePatch launches mid-term contract renegotiation service as data usage drops amid Covid-19

As the credit risk market continues to deal with extraordinary changes, credit information consultancy PurplePatch, has launched a new service to aid the...

FICO Survey Reveals That Financial Services Firms Are Severely Lagging in Online Consumer Services

Today, FICO released a report from business information firm Arizent that examines the perceptions of hundreds of financial services leaders from banks and...

Covid-secure office move for LM

Automated underwriting technology specialist LendingMetrics has moved to a new Covid-secure office, double the size of the facility it has left. The...

New TransUnion Study Finds Smooth Digital Transactions “Essential to Business Survival” During and After Pandemic

A new global and UK study by the Economist Intelligence Unit for information and insights provider TransUnion has overwhelmingly found the key to whether or...

Study: Digital payments fraud surges during pandemic

Amid coronavirus-driven lockdowns and social distancing, proliferating mobile apps and online channels have proven vital lifelines. US mobile banking grew 50%...

Home Credit Group Will Expand Credit in Eastern Europe and Asia with FICO AI-Powered Optimization

Home Credit Group, which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer to further improve its lending...

SIA and Hex Trust partner to deliver digital financial services in Europe

SIA, a leading European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity, has signed a partnership agreement with...

TransUnion Supports Rebel Energy in its Bid to Revolutionise the Energy Industry

Information and insights provider TransUnion is working with Rebel Energy as the innovative energy market entrant prepares to transform the industry. Using...

Landbay refreshes entire buy-to-let product range introducing lower rates and free valuations

Specialist buy-to-let lender Landbay has completely refreshed its core product range in response to unprecedented demand. Despite the high levels of demand...

Hanley Economic BS re-enters the ex-pat BTL market

Hanley Economic Building Society is back in the ex-pat buy-to-let market with the reintroduction of its 3.49% Variable Discount product at a maximum 80% LTV....

Survey reveals 7 out of 10 people will avoid festive shopping with brands that have experienced a data security incident in the last year

With shoppers looking ahead to the busy festive season, PCI Pal, the global provider of cloud-based secure payment solutions, has released a new study that...

September ‘business month ever’ says SDL Surveying

National residential surveying and valuations firm, SDL Surveying, has today announced September as its ‘busiest month ever’ for both volumes completed and...

The UK’s Grade Listed Homebuyer Property Hotspots

The latest research by estate agent comparison site, GetAgent.co.uk, has revealed that Cambridge, Cardiff and Leicester are the current city hotspots for...

AML specialist SmartSearch records busiest ever month in September

Leading UK anti-money-laundering (AML) firm SmartSearch recorded its best ever month in September, with record revenues, record profits and a record number of...

UK recovery momentum slowed in September as lead over global counterparts narrows

The pace of the UK’s economic recovery from coronavirus slowed during September and the country’s lead over its global counterparts halved, according to...

FICO UK Credit Market Report August 2020 Shows Signs of Early-Stage Delinquency

Global analytics software provider FICO today released its August 2020 analysis of UK card trends which shows the continuing signs of financial stress due to...

Click2Check partners with AccountScore to offer Open Banking Solution to mortgage advice market

FinTech company, Click2Check, has today announced a new partnership with AccountScore to utilise its Open Banking platform as part of its Credit Assess...

Atradius publishes new trading reports on Czech Republic and Greece

An insight into the Czech Republic and Greek economies has been published within a set of new reports by global trade credit insurer Atradius. Designed as an...

Finance and insurance organisations’ compliance and protection fail to keep pace with cloud transformation, research shows

The finance and insurance industries are failing to maintain data backups, visibility and scalability in their digital transformation ambitions and journey to...

70%+ Finance Growth MotoRate is Helping Dealers to Realise the Used Vehicle Finance Opportunity

Approaching 2,000 dealers are now live on MotoNovo’s innovative MotoRate risk-based pricing, designed to meet the Financial Conduct Authority (FCA) changes...

Summer surge in mortgage applications puts 2020 on course for £216bn of lending

Pent-up demand and government incentives jolted the UK’s property market back to life this summer despite caution from lenders about the effects of Covid-19,...

The Right Mortgage continues to grow with the appointment of Michael O’Brien to their team as their latest National Account Manager. “In this brand new...

Fleet Mortgages’ Q3 Rental Barometer shows strengthening of year-on-year yield in majority of regions

Fleet Mortgages, the buy-to-let specialist lender, has today launched the third iteration of its Buy-to-Let Rental Barometer covering Q3 rental yields across...

Tall Group awarded Cyber Essentials Plus

As part of its ongoing commitment to good practice, The TALL Group of Companies, the UK leader in the provision of secure paper and electronic payment...

Zephyr Homeloans lowers rates in response to record applications

Zephyr Homeloans, the specialist buy-to-let lender, has lowered rates for standard and specialist buy-to-let products as the market continues to grow....

Second charge mortgage new business volumes fell by 52% in August 2020

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

TransUnion Launches Document Verification and Facial Recognition Solution in the UK To Help Businesses Combat Identity Fraud

Global information and insights provider TransUnion has extended its fraud and identification offering in the UK with a new Document Verification and Facial...

Machine learning and biometrics key to fighting fraud in brave new digital world – comments

Commenting on how lenders can fight back against fraudulent credit applications in the challenging COVID-19 landscape, Keith McGill, Head of ID & Fraud at...

Hope Capital improves customer experience with Nivo partnership

Specialist short term lender Hope Capital is transforming the way it does business with the implementation of new ID verification and messaging technology. By...

Unexplained Wealth Orders: Suspected money launderer gives up £10m of property – comment

Around £10m of property has been surrendered in a major victory against some of northern England’s most dangerous criminals. The apartments and homes...

Comment: £10m laundered through property shows “huge gaps” in AML

Following the news that a Leeds ‘businessman’ has been found to be laundering £10m through property deals, Martin Cheek Managing Director at anti-money...

SAS global fraud and anti-money laundering case management, per Aite Group

Analytics leader SAS is heralded as best-in-class in Aite Matrix: Case Management to Combat Global Fraud and Money Laundering. A refresh of Aite Group’s 2015...

Click2Check adds in-house software developer to team

FinTech company, Click2Check, has today announced the appointment of Yusuf Yigit as its new in-house software developer in the UK, working specifically on its...

Comment: Bounce Back Loan Scheme

Today, the National Audit Office released a report claiming whilst the Bounce Back Loan Scheme succeeded in quickly supporting small businesses, the government...

Comment – tax-funded mortgages are not sustainable

“The government’s aspiration to get more people on the housing ladder is laudable and something that most people would be in favour of. However,...

UTB chooses ADP for decisioning

Specialist mortgage lender United Trust Bank has selected LendingMetrics’ ADP for their automated mortgage decisioning. As a pioneer, United Trust Bank...

UTB chooses ADP for decisioning

Specialist mortgage lender United Trust Bank has selected LendingMetrics’ ADP for their automated mortgage decisioning. As a pioneer, United Trust Bank...

Flooding has dampened house price growth in the worst-hit areas

The latest research by the property developer, StripeHomes, has found that there is a -5% difference in the average house price paid by homebuyers in areas...

Dow Jones Partner in Fight Against Financial Crime

Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today...

Percayso Inform partners with Equifax to enhance insurance data platform

Percayso Inform, the insurance intelligence provider, has partnered with Equifax UK, business and consumer insights expert, to expand its data platform for the...

Record online spending will create the ‘Mount Everest of Christmas peaks’ this year

A capacity crisis is set to cause delivery chaos this Christmas, fears the home delivery expert ParcelHero. This year’s 50% boom in online sales, fuelled by...

Knowledge Bank partners with FIBA

Knowledge Bank is partnering with the Financial Intermediary and Broker Association (FIBA) to offer its multi-award-winning criteria search system to FIBA’s...

Fraud in Bounce Back Loan Scheme – expert opinion

“In the rush to contain COVID disruption, public and private sector organisations implemented measures, at pace, to protect the economy. Expediency may...

Euler Hermes Group announces CEO leadership change

Euler Hermes Group, the worldwide leader in trade credit insurance, announces today that Wilfried Verstraete, CEO and Chairman of the Board of Management, has...

Bank of Lithuania calls for a uniform EU-level approach to fight money laundering

According to the Bank of Lithuania, harmonisation of rules and requirements throughout the European Union (EU) would help to enhance anti money laundering...

4 out of 5 Brokers are prepared for a second wave of Covid-19

81% of property and commercial finance brokers responding to United Trust Bank’s most recent Broker Sentiment Survey believe they are prepared for a second...

Entersekt and ndgit partner on secure open banking

Entersekt, a leader in device identity and omnichannel authentication, today announced a strategic partnership with ndgit, a Munich-headquartered open banking...

eKeeper adds DocuSign eSignatures to CRM

eKeeper has successfully integrated DocuSign’s eSignature functionality into its intermediary focused CRM, MortgageKeeper. The feature allows new and...

Skrill partners with Betfred USA Sports

Paysafe, a leading specialized payments platform, today announced a new partnership for its Skrill digital wallet with Betfred USA Sports, the wholly-owned...

More efforts needed from governments, regulators and business to unlock full potential of sustainable finance, says OECD

Governments and regulators should urgently work together to improve the data used for environmental, social and governance (ESG) investing, according to a new...

Mortgage approvals hit 13 year high as market continues to boom

The mortgage figures from the Bank of England show that approvals in August hit 84.70k against a forecast of 73.00k. This is the highest monthly figure since...

Fleet Mortgages announce standard & limited company price cuts and launch new range of BBR trackers

Fleet Mortgages, the buy-to-let specialist lender, has today announced a range of price cuts across its standard and limited company ranges, as well as...

“Chancellor’s new wage subsidy scheme could create a ‘cliff-edge’ of job losses in January 2021”

In a brutally candid statement to the Commons, the Chancellor confirmed that the furlough scheme will end as he argued that it is “fundamentally wrong” to...

Banks need to work smarter and embrace technology – SmartSearch response to FCA on banks’ AML systems

John Dobson, CEO at AML experts SmartSearch says: “The FCA is right when it says more needs to be done by the banks to combat money laundering and financial...

Innovative paperless property reporting platform links up with The Dispute Service (TDS)

Inventory Hive today announced plans to work in partnership with The Dispute Service (TDS) to raise standards and reduce tenancy deposit disputes. This new...

UK financial institutions show resilience despite Covid-19 and Brexit

A new report highlights how Covid-19 is expected to change the financial services workplace, according to Lloyds Bank. Almost all (89%) financial institutions...

Winter Economic Plan: Latest government measures largely welcome, but a headache for those without an eye for detail

Today the Chancellor announced his Winter Economic Plan including a new Job Support Scheme (JSS) which is welcome news for many following the Prime...

Winter economy plan reaction

“The Chancellor has today recognised again that the big challenge for businesses amongst ongoing economic uncertainty is their cash flow. As such,...

Tippie Malgwi wins Young Banker of the Year Award with proposal to support vulnerable customers

Bringing true innovation to banking, Tippie Malgwi from Arbuthnot Latham & Co has been named the 2020 UK Young Banker of the Year during the first ever...

FLA response to Chancellor’s Winter Economic Plan

Commenting on the Chancellor’s Winter Economic Plan, Stephen Haddrill, Director General of the FLA, said: “It’s good to see that the Chancellor has...

CPS responds to Chancellor’s Winter Economic Plan

The Centre for Policy Studies, the leading centre-right think tank, today welcomed the announcement of the Chancellor’s Winter Economy Plan. Robert...

Fleximize chooses LendingMetrics’ ADP

LendingMetrics and Fleximize are pleased to announce their collaboration on a new project to deliver enhanced underwriting capabilities via ADP. Launched in...

Hope Capital boosts underwriting team

Hope Capital has announced a further boost to its growing underwriting team with the promotion of Joanne McGillicuddy to Senior Underwriter, and the new...

AML specialist SmartSearch opens first US office

Leading UK anti-money-laundering (AML) firm SmartSearch has opened its first office in the USA just two months after starting operations across the Atlantic....

Landbay launches market-leading rates

Landbay, one of the UK’s leading specialist buy-to-let lenders, has today reduced the rate on its Special Edition two-year fixed rates for both 60% and 70%...

AML experts SmartSearch comment on FinCEN leak – ‘A betrayal that cannot go unpunished’

Responding to the FinCEN files revelations, John Dobson CEO at AML experts SmartSearch said: “This is nothing short of a betrayal for all those thousands of...

Tourism and recreation joined other UK sectors outpacing global recovery trends in August

Tourism and recreation joined 12 other UK sectors that are outperforming their international counterparts on a series of metrics tracking recovery from...

UK Retail Sales Continue to Recover

Ryan Kemp, director of retail at TransUnion in the UK, comments on the Retail Sales Index from the Office for National Statistics: “The latest ONS retail...

How COVID-19 helped accelerate the UK’s biggest digital transformation

The measures to limit the spread of coronavirus (COVID-19) implemented in March 2020 led to a sudden increased demand for the Department for Work and...

heycar Expands Partnership Drive With Regit

Online car marketplace heycar is continuing to expand its reach, through a new partnership with Regit. It marks the latest step in their ongoing commitment to...

FCA must flex its muscle as threat of financial crime rises – SmartSearch

The Financial Conduct Authority (FCA) has confirmed that so far in 2020 no criminal prosecutions under the current anti-money laundering legislation have been...

West One makes significant enhancements to its second charge residential and buy-to-let ranges

West One is making a series of further significant enhancements to its residential and buy-to-let second charge product ranges. This follows the expansion of...

FICO Named Cyber Risk Quantification Category Leader for Second Year Running

Global analytics and technology provider FICO has just been named a category leader for the second year running in the new Chartis Research report –...

Just Mortgages employs first broker in new online ‘territory’

Just Mortgages has just employed its first person in its new online territories. Spicerhaart and Just Mortgages are creating a number of territories across the...

Paymentology teams up with Thought Machine to create market leading model digital bank platform

Paymentology, the UK cloud-native payment processor, is partnering with digital banking platform Thought Machine, to bring rapid integration solutions to...

Record summer for Hope Capital

Bridging lender Hope Capital has enjoyed a bumper summer, with figures released by the firm today showing a surge in demand as the market emerges from...

Turkey Country Report forecasts economic bounce back

The latest country report from Atradius reveals the Turkish economy is forecast to bounce back in 2021 as it recovers from the effects of the coronavirus...

Santander UK Wins Multiple Industry Awards for Innovation in Digital Banking With nCino

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that...

Leading fraud expert warns of ‘perfect storm’ facing students being duped into handing over deposits to fraudsters posing as landlords

Robert Brooker, Head of Fraud at PKF Geoffrey Martin and Chair of the London Fraud Forum is warning students starting or returning to university this month to...

UK Banks Outperform Rest of Europe in Reducing Card Fraud

UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More...

UK businesses show signs of tension as Brexit looms again

RSM’s UK Brexit Stress Index nudged up for the first time since the early days of the Covid-19 lockdown, ushering in the first signs in nearly seven months...

MCI and eKeeper mortgage market analysis reveals purchase values are up 12% while remortgage values drop

The MCI Club’s latest analysis of mortgage activity over July and August has revealed that, despite Covid-19, the average mortgage value for purchases is up...

Hope Capital growth plans continue with appointment of new Senior Underwriter

Hope Capital has today announced the appointment of Mike Watson as a Senior Underwriter. Mike joins Hope Capital from Together, where he was Senior Bridging...

Funding Xchange thrives as it completes $10 million Series A fundraising

Funding technology platform, Funding Xchange, announce the completion of a $10 million Series A funding round with the closure of the second tranche of the...

Equifax welcomes government’s Smart Data plans for telco and energy markets

Commenting on the policy paper and consultation on the UK National Data Strategy, released on 9 September, Rick Biggs, Sales Director – Telcos, Utilities...

A Future for Financial Services – The Banking Experience Canvas

What might the future of banking look like? The consensus today is that this question must be answered starting with a laser focus on the consumer’s need,...

Sopra Banking Software Announces a New Corporate Branding and Positioning

Sopra Banking Software announces a new corporate branding with a new logo, as well as the new product positioning. For over ten years, the financial...

TransUnion is Proud to Kick Off Another Season of Support for Newly Promoted Leeds United

TransUnion – one of the UK’s leading credit reference agencies and a global information and insights provider – is celebrating the start of an exciting...

Comment: FCA Annual Report: COVID tech revolution holds potential for regulated industries

As the Financial Conduct Authority prepares to release its annual report, it’s clear that this year is like no other for the financial services. With the...

Euler Hermes appoints Florence Lecoutre as Member of Board of Management

Euler Hermes, the worldwide leader in trade credit insurance, today announces the appointment of Florence Lecoutre, currently Group Head of Human Resources, as...

SmartSearch ‘TripleCheck’ harnesses the power of three to set a new standard in AML security

Anti-money-laundering (AML) specialist SmartSearch has launched TripleCheck, a ground-breaking new digital Know Your Customer (KYC) and AML solution....

Brokers search desperately for high LTV mortgages

Lenders continuing to tighten criteria is clearly still a significant issue for people with small deposits, as Knowledge Bank recorded that ‘Temporary...

UK Finance Data Reveals the Impact of Lockdown on the Property Market

“Recent figures from UK Finance reveal the full extent the COVID-19 pandemic has had on the housing market, with lockdown and social distancing measures...

Second charge mortgage new business volumes fell by 64% in July 2020

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

SmartSearch named one of UK’s top tech firms for second year running

Pioneering anti-money-laundering firm SmartSearch has been named in the Sunday Times Sage ‘Tech Track 100’ for a second successive year. The list,...

Conveyancing Association issues response to industry Overarching Code of Practice for Residential Property Agents

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today issued its response to a draft industry Overarching Code of...

FICO UK Credit Market Report Shows Uplift in Spending and Payments for June/July 2020

Global analytics software provider FICO today released its June and July 2020 analysis of UK card trends which shows the first signs of payment deterioration...

Bottomline launches Confirmation of Payee to stop payment fraud and error

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced the latest...

Hope Capital launches the Seventies Collection

Hope Capital has today launched the Seventies Collection which comprises two new bridging loan products. The two products, the HOPE 70 and the HOPE 75 are...

Ikano Bank partners with Jaywing to review and enhance its credit risk decisioning architecture to support future growth

Ikano Bank has appointed Jaywing to review its new credit decisioning architecture to support its ongoing growth, which will enable it to launch new products...

Car finance applications provide timely fillip for motor traders

Strong car finance application figures and a surge in people searching for deals online has given motor traders a boost as the new ‘70’ plate launches,...

The housing market is, in relation to many other sectors, in rude health – comment

Following the Bank of England figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “As July was the first month that the...

UK’s acute cybersecurity talent shortage: a ticking timebomb during Covid-19

Half of companies do not have adequate cybersecurity provision to allow for 100% remote working. And whilst 58% of tech hiring managers list info-security as...

The latest Lloyds Bank Business Barometer – reaction

The Lloyds Bank has released its Barometer today. Key statistics show: Overall business confidence improved for third consecutive month, up eight percentage...

NatWest Enhances Credit Scoring for Customers in Partnership with TransUnion

NatWest customers are now able to see enhanced credit score information, in partnership with information and insights provider TransUnion, after the leading...

Credit card pre-approval rates edge closer to pre-lockdown levels

Credit card pre-approval rates have doubled in the last month, according to new insights from Experian’s Credit Barometer. Half (50%) of consumers searching...

Knowledge Bank expands with three new appointments

Market-leading criteria search system Knowledge Bank is expanding with the appointment of three new roles. The take up of the Knowledge Bank system by mortgage...

Decisioning at scale: Why banks need to radically change their operating models now

Twelve years ago, the banking industry suffered deep reputational damage in the wake of the 2008 global financial crisis. Bankers took the blame – in some...

Coronavirus pandemic tightens its hold on Brazil and Mexico economies

Brazil’s economy is forecast to contract by more than 6% this year with business insolvencies up by 20%, reveals leading trade credit insurer Atradius in its...

Graydon, Cifas & TruNarrative launch solution for SMEs to tackle commercial fraud

Graydon, Europe’s leading provider of business data and insight, has announced the launch of Graydon Business Risk, a new risk management solution developed...

New TransUnion Research Shows Digital Fraud Attempts Against Companies Declining as UK Businesses Reopen

Information and insights provider TransUnion’s latest quarterly analysis of global online fraud trends found that fraudsters are decreasing their schemes...

New research reveals why honest people cheat sometimes

Every day we have the opportunity to lie, cheat and be dishonest for personal gain. Alternatively, we can choose to be a ‘good person’ and uphold our...

Promise Money launches new intermediary website and broker packaging system

Following a rebrand from Promise Solutions to Promise Money, the specialist lending distributor has launched a brand-new website and processing system for...

Four in five UK CFOs “unprepared” for Covid-19 sales slump – survey

Eight in 10 chief financial officers fear their businesses are ill-prepared to handle a decrease in sales volumes as the full impact of Covid-19 begins to be...

TransUnion UK and Rank Digital Gaming Work Together to Increase Consumer Protection and Fight Fraud

Rank Digital Gaming, part of Rank Group plc, has partnered with information and insights provider TransUnion in the UK to further support responsible gaming...

Cybersecurity becomes the fastest growing start-up sector in UK during Covid-19

Funding has increased by a staggering 940% for UK cybersecurity start-ups since the beginning of lockdown – with £496m being raised in the first half of...

Industry reaction on Barclaycard’s quarterly SME barometer

“SMEs are the engine of the UK economy, making up the majority of the UK’s private sector, so it’s great to see the survey results today suggest they...

Property financier Kenton Finance expands to London

Kenton Finance, a leading provider of property finance in the North-West of England, has announced an ambitious expansion into the heart of London. The...

Shield Launches Full Integration of its Communications Compliance Lifecycle Solution with the Zoom Collaboration Platform

Specialist RegTech provider Shield is pleased to announce the integration of its complete eComms compliance and Surveillance platform with popular audiovisual...

Covid-19 exposes UK’s cyber security vulnerabilities – with over 65,000 attacks taking place daily

UK SME’s are at risk of 65,000 cyber security attacks daily – with around 4,500 of these being successful – and the figure could be much higher since the...

The Nottingham’s new online hub helps protect against scammers

With fraudsters increasingly using the Covid-19 pandemic to illegally cash in via a number of different and elaborate scams, The Nottingham has seized the...

Online sellers face fraudulent buyer risk

More than two in in five (41%) people who have sold an item online believe they have been subject to a potentially fraudulent experience, according to newly...

Atradius publishes economic insights on Russia and Poland

New country reports have been published on Russia and Poland by leading trade credit insurer Atradius. As a key partner to business, Atradius regularly...

Reports reveal coronavirus impact on Asian economies

Leading trade credit insurer Atradius has analysed the impact of the coronavirus pandemic on five Asian markets in its latest series of country reports. The...

Just six European capitals have seen a rental prices drop in the last year

The latest research from the international rental marketplace, Spotahome, has revealed that just six European capitals have seen the cost of renting fall over...

Comments on the ONS GDPR

“Today’s GDP figures for Q2 2020 confirm the biggest drop on record and the significant impact of the pandemic on UK businesses, in line with Dun &...

Borrowers used lockdown to strengthen credit and reduce debt, data shows

One in three (31%) used the enforced lockdown to pay down their debt, according to new analysis from Experian. The proportion of Experian CreditExpert...

West One launches limited edition Buy-to-Let products

West One has today, 12th August, launched two limited edition Buy-to-Let (BTL) products, both of which are available for standard and specialist landlords. The...

Fraud continues to rise, but faster digitisation will bring benefits

Following yesterday’s release of the Cifas Fraudscape annual report, Keith McGill, Head of Fraud & ID at Equifax UK, believes the rising trend will...

Law firms set to benefit from new cheque-writing platform and image survivable features

“Solicitors and other professionals involved with transfers of customers’ money must ensure their own systems are not vulnerable to being hacked and warn...

MCI Club partners with LiveMore Capital, extending later life lending panel

The MCI Mortgage Club has this week added LiveMore Captial to its panel, extending its range of products to include retirement interest only (RIO) mortgages....

2020 sees record year for commercial fraud

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

Second charge mortgage new business volumes fell by 71% in June 2020

Commenting on the latest new business figures for the second charge mortgage market, Geraldine Kilkelly, Head of Research and Chief Economist at the Finance...

Foundation Home Loans widens residential product range for borrowers with ‘credit blips’ to 80% LTV

Foundation Home Loans, the intermediary-only specialist lender, has today added five products to its residential range to provide further options for...

Air Group announce new partnership with The Right Loan

Answers in Retirement Group (Air Group), the Group of companies covering a range of retirement and later life services, has today announced a new partnership...

FSB on response to Higgins report

The Scottish Government has today published its response to the Advisory Group on Economic Recovery report. Andrew McRae, the Federation of Small Businesses...

Laundered UK money could buy the White House over 1,000 times

The amount of money laundered in the UK is enough to buy the White House 1,018 times, new research shows. The findings, from anti-money laundering service,...

West One recharges its proposition with new buy-to-let and second charge rates and criteria

West One has relaunched its buy-to-let and second charges products, with new rates and criteria to support borrowers as the economy emerges from lockdown. The...

Top tips to stay safe from holiday scams

As travel restrictions begin to ease across the UK, many Brits will be feeling more confident about booking a holiday for the next few months and jetting off...

Shield Expands London-based Team to Further Support UK Customers and meet the growing market demand

Specialist RegTech provider Shield is proud to announce the expansion of its London-based team. The appointments of Sales Director – EMEA, Oliver Bradford,...

BNP Paribas Personal Finance collaborates with Experian and Aryza to help customers through the Covid-19 pandemic

BNP Paribas Personal Finance will use Experian’s Open Banking technology and Aryza’s Debtsense digital platform to provide round-the-clock online account...

FICO Appoints Louise Lunn to Lead Global Analytics Delivery

Global analytics software provider FICO has named Louise Lunn to lead its newly created Global Analytics Delivery organization. Lunn, who is based in the UK,...

SFO charges GPT and three individuals following corruption investigation – Comment

Aziz Rahman, Rahman Ravelli’s Senior Partner comments on this morning’s announcement that the Serious Fraud Office has decided to bring charges in...

Foundation Home Loans moves into 80% LTV BTL space

Foundation Home Loans, the intermediary-only specialist lender, has today launched two new 80% LTV products in its core buy-to-let range for both individual...

MCI launches compliance proposition and AR to DA service with Richdale Compliance

The MCI Mortgage Club today launches its new compliance proposition for new and existing mortgage and protection members. MCI has partnered with the...

There’s A First For Everything: Four Million Brits Check Their Credit Score For The First Time During COVID-19 Pandemic

One in three Brits (35%) have checked their credit score during lockdown* – with four million people looking at it for the first time. The new research from...

MotoNovo Leads the Changes Required by the FCA Successfully

By 28th January 2021, dealers and brokers will need to have adjusted their approach to dealer finance to comply with the new regulatory changes mandated by the...

AI and continuous monitoring in the fight against procurement fraud

Procurement fraud is, to put it simply, huge. An estimate by PwC a few years ago suggested that it was one of the most common economic crimes around the world....

Equifax joins Emergent Alliance to support UK response to COVID-19

Equifax UK has joined Emergent Alliance, a not for profit group of organisations specialising in data, analytics and technology, working together to help the...

Fleet Mortgages announce price cuts and increase maximum loans across core product range

Fleet Mortgages, the buy-to-let specialist lender, has today (29th July 2020) announced a range of price cuts across its standard, limited company and HMO...

eKeeper AML and credit reports prove a hit with brokers

More than 250 advisers have signed up for anti-money-laundering (AML) and credit reports through the eKeeper CRM in the three months since the feature was...

Click2Check appoints new Director of Sales

FinTech company, Click2Check, has today announced the appointment of Michael Taylor as its new Director of Sales. Michael joins with immediate effect and will...

SDL Surveying announces ongoing recruitment and record month for received and completed jobs

National residential surveying and valuations firm, SDL Surveying, has today (27th July 2020) announced it received and completed a record number of jobs for a...

FICO Wins Award for Video Championing Diversity in Analytics

As businesses worldwide increase their use of artificial intelligence and machine learning, the issue of diversity in analytics has become more important. In a...

COVID-19 is shining spotlight on fraud and identity threats – comments

“The current pandemic has forced rapid and wholesale changes to our lifestyles and opened the digital doorway for opportunistic fraudsters, escalating threat...

Landbay launches a new funding partnership with a UK bank

Landbay, one of the UK’s leading buy-to-let lenders, has launched a new funding partnership with a UK bank. This deposit-taking bank will fund mortgages...

Firms turn to electronic verification as Covid-19 backlogs hit issuance of key ID documents

Backlogs in issuing official ID documents such as passports and driving licences are driving a surge of interest in remote, document-free electronic ID...

Finance teams targeted as ‘email hijack attacks’ rise by 22%

Cybercriminals are targeting finance teams with attacks designed to intercept their emails and divert client payments into the hackers’ bank accounts,...

Shield Expands London-based Team to Further Support UK Customers and meet the growing market demand

Specialist RegTech provider Shield is proud to announce the expansion of its London-based team. The appointments of Sales Director – EMEA, Oliver Bradford,...

New Head of Credit Proposition to develop consumer credit products at retailer

Chris Powley has been appointed to the newly created role of Head of Credit Proposition at PerfectHome. The online retailer offers household goods on payment...

“All the signs are positive” – Comment on the June HMRC property transaction figures

Following the HMRC figures for June this morning, Richard Pike, Phoebus Software sales and marketing director, says “Although the figures from HMRC today are...

Open Banking can help kick start lending – comments

“COVID-19 has had a dramatic effect on many people’s finances, altered consumer behaviour and disrupted working environments. As we navigate a path out of...

Landbay increases maximum lending limit to £1.5m and lowers rates

Landbay, one of the UK’s leading buy-to-let lenders, has today increased its maximum loan sizes from £1m to £1.5million on all standard properties, houses...

Response to the Latest ONS Fraud Statistics

“Today’s figures from the Crime Survey for England and Wales (CSEW) have revealed the total number of estimated fraud incidents at 3.7 million for the year...

Sarah Wade joins Foundation Home Loans as Product Marketing Specialist

Foundation Home Loans, the intermediary-only specialist lender, has today announced the appointment of Sarah Wade as its new Product Marketing Specialist....

Holidays and Home Improvements on Hold as Consumers Cut Back on Spending Despite Growing Confidence

As the UK lockdown eases, there are some positive indications that the financial shock of COVID-19 is also abating, according to TransUnion’s study tracking...

AML specialist SmartSearch breaks into US market

Leading UK anti-money-laundering (AML) firm SmartSearch is today launching operations in the USA. Expansion into the US market follows a period of sustained...

Markus Kuger, Chief Economist at business decisioning data and analytics provider Dun & Bradstreet, comments on the latest real GDP figures below. The...

Connect appoints two new relationship managers to support growing base

Connect for Intermediaries, the specialist network, packager and referral partner, has appointed two new relationship managers, to support its ever-increasing...

New Report from Corinium and FICO Signals Increased Demand for Artificial Intelligence in the Age of COVID-19

Today, FICO, a global analytics software firm, released a new report from the market intelligence firm Corinium that found the demand for artificial...

Four Asian market reports published by Atradius

Leading trade credit insurer Atradius has published four new reports on the markets of China, India, Indonesia and South Korea. The country reports detail the...

Criteria searches up 68% as mortgage market adjusts to ‘new normal’

The latest figures from Knowledge Bank’s mortgage criteria activity tracker show brokers’ searches up by more than two-thirds (68%) as the market responds...

Experian partners with Global Data Consortium to bolster international customer identity verification

Experian and identity verification provider Global Data Consortium (GDC) have today announced a new partnership which will transform customer onboarding...

Leicester lockdown – economic commentary

Data from Dun & Bradstreet’s Covid-19 Impact Index shows that the probability of default for businesses in Leicestershire is 1 percentage point higher...

FSB in Scotland on Chancellor’s Statement

Today Chancellor Rishi Sunak delivered his Summer Economic Update. Andrew McRae, FSB’s Scotland policy chair said: “Good news has been in short supply for...

Clearly a positive way forwards both for homeowners and for landlords – comment

John Goodall, CEO at Landbay, says “The Green Homes Grant for homeowners and landlords as well as the reduction in stamp duty is a really positive move...

A lifeline for the whole housing market – comment

Following the Chancellor’s ‘Plan for jobs’ statement, Adam Oldfield, head of sales and account management at Phoebus Software, responding to the...

Cedar Rose appoints chief operating officer

Cedar Rose Int. Services Ltd have announced the appointment of Hubert Mugliett, in the role of Chief Operating Officer. Hubert is a key member of the senior...

Huge rise in late payments as pandemic recession bites in US, Mexico & Canada

Late payments have soared in the USMCA region as businesses are squeezed by the impact of COVID-19, reveals the latest research by leading trade credit insurer...

Knowledge Bank launches ‘Criteria Clinic’

Knowledge Bank, the UK’s largest criteria search system, has this week launched the ‘Criteria Clinic’ for registered brokers. To be held on Mondays over...

Productivity stats: Industry divide, WFH impact – comment

Following ONS statistics this morning finding that the UK’s productivity is unsurprisingly at its lowest growth rate since 2009, Andrew Duncan, UK CEO at...

Hanley Economic BS sees self-build advances rise by over a third

Hanley Economic Building Society has reported a 35% increase in self-build advances over an 18-month period running from the beginning of January 2019 to the...

Record month for O’Neill Patient shows property market rebounding strongly from lockdown

Leading tech-driven conveyancing firm, O’Neill Patient LLP (ONP), has recorded a significant increase in enquiries, instructions and completions in June,...

MCI Mortgage Club grows BTL Panel by adding Zephyr Homeloans

The MCI mortgage club has appointed Zephyr Homeloans to its growing panel of specialist lenders for buy-to-let products. Zephyr supports a product range...

FMB urges Chancellor to back local builders

An economic package that increases demand for building work, protects jobs, and invests in training is needed to boost economic growth and save jobs, says the...

FICO Offers Free Cyber Risk Score 90-Day Trial in Europe

Cyber exposure is one of the most rapidly growing risks in today’s digital world. Almost daily, the media report on companies that have suffered data...

UK cloud-based fintech eyes the Middle East as competition to attract digital-ready customers grows

UK cloud-based payment processor, Paymentology announces the expansion of its Middle East operation to meet the projected growth of digital banking in the...

Conveyancing Association provides guidance on ‘local lockdown’ house moves

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today provided member firms and affiliates with guidance on how to...

TransUnion and Kwiff Strengthen Partnership to Boost Fraud Prevention and Consumer Protection Ahead of Planned Expansion

App-based gaming operator Kwiff is extending its partnership with TransUnion to further strengthen its innovative gaming platform. TransUnion is providing...

The Global Legal Entity Identifier Foundation Announces New Chairperson

The Board of Directors of the Global Legal Entity Identifier Foundation (GLEIF) has appointed Steven A. Joachim as the new Chairperson. Based in the United...

Foundation Home Loans relaunches BTL large loan and short-term let products to return range to pre-lockdown structure

Foundation Home Loans, the intermediary-only specialist lender, has returned its buy-to-let product range to its pre-lockdown structure with the reintroduction...

Hope Capital records huge June spike in enquiries

Hope Capital has recorded a stronger June performance than for the same month last year, fuelling growing optimism that the market is bouncing back strongly...

Foundation Home Loans announces key criteria changes to specialist residential range

Foundation Home Loans, the intermediary-only specialist lender, has today announced a number of key criteria changes to its specialist residential range....

PSR confirms widespread implementation of name-checking system, Confirmation of Payee

As of today, there is now widespread coverage of the new fraud-prevention tool – referred to as Confirmation of Payee (CoP) – which gives people the...

FICO Awarded 13 New Patents for Responsible AI, Fraud and Decision Management

Silicon Valley analytic software firm FICO has been awarded 13 new patents related to fraud, artificial intelligence (AI) and decision management. In total,...

Aire launches Pulse to help lenders spot sudden financial change created by COVID-19

Aire, the UK’s fourth FCA-regulated credit reference agency (CRA), has launched a powerful new insight product to help lenders make sense of the post...

Today’s new anti-fraud banking rule is not enough – comment

Following the new Confirmation of Payee anti-fraud rule, financial fraud expert Joe Bloemendaal, Head of Strategy at Mitek says that banks ought to focus on...

Trade Ledger and Equifax extend partnership to support bid for Capability & Innovation Fund (CIF) to transform SME credit scoring

Trade Ledger, the global banking platform, and Equifax, the consumer and business insights expert, have announced an extended partnership for the UK market...

Bank of England credit data doesn’t tell the whole story, says StepChange

StepChange Debt Charity says that today’s new lending data from the Bank of England, while showing a continuing slump in the overall demand for credit,...

Click2Check announces two new advisory practice sign-ups for Credit Assess

FinTech company, Click2Check, has today announced two new advisory practice sign-ups for its Credit Assess product – a white-label online solution for...

Dun & Bradstreet Announces Launch of Initial Public Offering

Dun & Bradstreet Holdings, Inc. (“Dun & Bradstreet”) today announced the launch of its initial public offering of 65,750,000 shares of its common...

Dealer Trust-Building – Addressing Customer Car Finance Complaints

The Financial Ombudsman Service (FoS) set out its five-year strategy in early June. While two of its three strategic priorities focused on its capabilities,...

Comment: Brexit 4th Anniversary

With the fourth anniversary of the Brexit vote now here, talks have only just restarted amid the backdrop of COVID-19 and its global economic impact. However,...

EQ partners with Encompass to bolster KYC offering

EQ (Equiniti), an international technology-led services and payments specialist, is delighted to announce that it has partnered with Encompass to further...

FICO discusses the delay of Secure Customer Authentication deadline due to Covid-19

Sarah Rutherford, Identity Solutions Expert, FICO discusses the impact of the delay of the Secure Customer Authentication (SCA) deadline due to COVID-19...

New FCA chief executive faces money-laundering challenge – comment

Commenting on the appointment of Nikhil Rathi as Chief Executive of the FCA, Martin Cheek, managing director at AML experts SmartSearch, said: “The new chief...

Retail Sales Rebound in May, According to ONS

Ryan Kemp, director of retail at TransUnion in the UK, comments on the latest Retail Sales Index from the Office for National Statistics: “Today’s ONS...

Foundation Home Loans increase specialist residential range LTV to 80% and add new five-year products

Foundation Home Loans, the intermediary-only specialist lender, has announced a number of changes to its residential range for borrowers including an increase...

Hope Capital now able to lend on a range of valuation types

Hope Capital is now accepting a range of valuation types. Having previously required a full valuation on residential properties, in many circumstances they are...

GDP figures show epic scale of challenge

New Scottish Government statistics estimate that Scotland’s economy shrunk by almost a quarter since the start of the coronavirus crisis. Andrew McRae,...

UK inflation rate at fresh four-year low

Following the Bank of England’s inflation rate announcement, Markus Kuger, Chief Economist at commercial data & analytics firm, Dun & Bradstreet,...

Euler Hermes appoints new UK RICC director

Euler Hermes, the world’s leading trade credit insurer, has appointed Andrew Hodson as director of risk, information, claims and collections (RICC) of Euler...

FISCAL Technologies extends service to identify historical payables risk, protecting and retaining cash in the business

Businesses can now gain a depth of intelligence from historical supplier transactions in order to inform their business decisions and plan to bounce back from...

Revealed: The latest money scams you should be aware of and how to protect yourself

Last year, consumers lost a total of £824.8 million from “unauthorised fraud” (i.e. the account holder not providing any authorisation on a transaction)...

Equiniti to provide enhanced KYC service for the invoice finance industry

Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce that it is now able to provide...

Islamic Research and Training Institute partners with Blocko’s E24P to build a blockchain-based smart credit management platform

The research arm of the Islamic Development Bank Group (IsDB), Islamic Research and Training Institute (IRTI), has partnered with Samsung-backed blockchain...

Joint study to provide timely data and actionable insights on how the pandemic has affected the fintech industry

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World...

Hope Capital launches new Flexible Fees product feature

Hope Capital today launches a brand-new feature of its bridging loan products. The Flexible Fees product feature is aimed at borrowers who require zero lender...

Survey from PCI Pal® shows significant consequences for businesses that demonstrate poor data security practices during the pandemic

With recent news reporting a marked increase in cyberattack attempts, as criminals try to exploit organisations which are now operating remotely1, new research...

Lanistar and Mastercard announce partnership ahead of fintech challenger’s product launch

Lanistar and Mastercard have announced a new partnership as the fintech challenger prepares to launch its new banking alternative product later this year....

Foundation Home Loans launch BTL packager exclusives

Foundation Home Loans, the intermediary-only specialist lender, has launched new buy-to-let standard HMO, Large HMO, as well as multi-unit blocks (MUB)...

Comment from Chief Economist, Dun & Bradstreet on ONS Monthly GDP figures

Following the ONS’ monthly UK GDP estimate for April, Markus Kuger, Chief Economist at Dun & Bradstreet said: “The latest real GDP figures show the...

Business confidence at a record low as COVID-19 strikes

The RMB/BER Business Confidence Index (BCI) fell from 18 to merely five points in the second quarter. This is the lowest level ever recorded since the BER...

Foundation Home Loans announce BTL product range changes with increases to LTVs and rate cuts

Foundation Home Loans, the intermediary-only specialist lender, has announced a number of changes to its buy-to-let product range including increases to LTV...

Property market fluctuations cause selling uncertainty with smaller developers

Nobody can predict what the exact effect the COVID-19 pandemic will have on property prices in the UK. The market had started to see a confident recovery since...

TransUnion Launches Enhanced Open Banking Solution as COVID-19 Puts Affordability in the Spotlight

TransUnion has launched the latest evolution of its end-to-end, API-driven Open Banking solution, designed to assess income and expenditure, affordability and...

Fleet Mortgages announce new 70% & 75% LTV products

Fleet Mortgages, the buy-to-let specialist lender, has today (10th June 2020) announced the launch of new 70% and 75% LTV products across its three core...

Sionic launches FundFinance: a “revolutionary evolution” of AI-assisted portfolio and risk management tools for fund finance lenders

Global consulting firm Sionic has announced the launch of FundFinance: a unique new suite of AI and machine-learning tools created specifically for fund...

Record rise in OECD unemployment rate in April 2020

The OECD unemployment rate increased by an unprecedented 2.9 percentage points in April 2020 to 8.4%, compared to 5.5% in March, reflecting the impact of...

Starling Bank appoints Jaywing to build a robust IFRS 9 model framework for its CBILS

Starling Bank has partnered with Jaywing to provide support developing an IFRS 9 modelling framework for the calculation of IFRS 9 Expected Credit Losses on...

Hope Capital relaunches the Hope FleXi loan

Bridging lender Hope Capital today relaunches the flexible bridging loan, the Hope FleXi. Now part of the Hope Capital Custom Collection, the Hope FleXi is...

MCI Club adds Harpenden to its growing lender panel

The MCI Mortgage Club has appointed Harpenden Building Society to its growing lender panel. In response to growing demand within the specialist sector, the...

Senior analyst joins Just

After six years with TDX Group, Sean Lawrence has joined Just – the enforcement market integrator. Sean has extensive experience of designing recovery...

COVID-19: The recovery of SMEs will be critical to the future of the UK economy

Following the publication of the latest figures from the Office for National Statistics (ONS) on the impact of the coronavirus (COVID-19) pandemic on the UK...

MarketFinance opens CBILS lending for SMES

Fintech business lender MarketFinance has been given the green light by the British Business Bank to operationally start lending business loans and invoice...

TransUnion UK Adds New Credit Score Simulator Tool to CreditView

TransUnion has introduced a new credit score simulator tool to CreditView; its white-labelled, interactive solution which provides consumers with access to...

What is ModelOps – and why should banks care?

Does your bank manager know who you are? Unless your net worth is unusually high, the answer is probably no, and that’s been the case for many years. Banks...

Covid-19 continues to dominate broker searches

Covid-19 continued to dominate the attention of brokers, with ‘Covid-19: Temporary Maximum LTV Restrictions’ featuring prominently across four of the seven...

Zephyr launches new range of buy-to-let mortgages

Zephyr Homeloans, the specialist buy-to-let (BTL) lender, has launched its new suite of buy-to-let mortgage products offering up to 75% loan-to-value (LTV)....

Eckoh’s security solution CallGuard wins twice at the Card Not Present Awards 2020

Eckoh (AIM: ECK), the global provider of secure payment products and customer contact solutions, has won both the Judges Award and Customer Choice Award for...

FICO’s advice on six types of Covid-19 scams

At FICO, part of the core mission is to keep people safe from fraud. It has therefore identified the 6 Types of COVID-19 scams the public should watch out for:...

New Risk Committee ToRs published by The Chartered Governance Institute

The Chartered Governance Institute has today published new Terms of Reference for risk committees, which are intended as a guide for companies to adapt to...

Expert opinion: Covid-related fraud

According to a report by Action Fraud, covid-related scams have cost Brits over £4.6 million as fraudsters find new ways to exploit the lockdown. In response...

Landbay introduces LTVs to 75% and recommences physical valuations

Landbay, one of the UK’s leading buy-to-let lenders, today launches a new product range, with loan to values up to 75% LTV. Landbay, which is institutionally...

Better Prepared for Future Crises: Recommendations from Risk Researchers

Although there were early warnings of an exponentially growing pandemic, most policymakers around the world were unprepared and reluctant to act when Covid-19...

FICO Partners with open banking leader OpenWrks

Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking based digital engagement...

Digging deeper to uncover fraud: Graydon and Neotas launch Graydon Forensic Investigations

Graydon, Europe’s leading provider of business data, insights, analytics and solutions and Neotas, a leading provider of online due diligence, today...

Why the FCA must step up to tackle virus-related crime

It has been a long-accepted belief that the true strength of an organisation can only genuinely be determined when it faces a real test. The social and...

Sensée creates Strategic Framework for Successful Homeworking

Sensée, a leader in work-from-home services and technology, has created a Strategic Framework to assist organisations in migrating employees to homeworking,...

OMS initiates integration with United Trust Bank

One Mortgage System (OMS), the seamless single-input enquiry to completion CRM and processing platform for brokers, has initiated a stage one integration with...

Knowledge Bank does deal with Hodge to provide all criteria sourcing

Knowledge Bank has teamed up with specialist lender Hodge, to provide brokers with comprehensive criteria sourcing of its innovative product range of...

Cifas enters collaborative partnership with the vulnerability registration service to protect vulnerable consumers

Cifas and The Vulnerability Registration Service (VRS) have entered into a collaborative agreement that will offer protection to vulnerable individuals through...

Equifax partners with HooYu for digital customer onboarding and KYC journey tech

Equifax, the business and consumer insights expert, has announced a partnership with HooYu, leading customer onboarding and KYC RegTech provider, to expand its...

Zephyr Homeloans resumes physical valuations

Zephyr Homeloans has resumed physical valuations following the removal of government restrictions on inspections. The specialist buy-to-let lender says that it...

How money laundering has changed in the digital age

With the rapid advancements in mobile technology and internet accessibility, people can engage with financial institutions 24/7. In fact, 64% of Brits¹ use...

The spectre of recession cannot be ignored – Comment

Following the property transaction stats from HMRC this morning, Richard Pike, Phoebus Software sales and marketing director, says “The latest figures from...

Velotrade selects Dun & Bradstreet’s data and analytics tools to bolster business growth in the face of Covid-19 crisis

Velotrade, a web-based invoice financing service provider, has turned to Dun & Bradstreet, a global leader in commercial data and analytics, to use its...

easyJet data breach – comment

Commenting on the easyJet data breach, Alastair Douglas, CEO of finance experts TotallyMoney, said: “This data breach could be a serious problem for the 9...

Paradigm Consulting announce new strategic partnership with Mitigo Group

Paradigm Consulting, the financial support consultancy, has today announced a new strategic partnership with Mitigo Cybersecurity to provide its member firms...

Catching fraud at point of sale through new card scoring model

Cloud based payment processor Paymentology has launched its new Instream Fraud Scoring model which aims to improve the identification and blocking of...

One in four business leaders unaware of anti-money laundering regulation changes

More than one in four (26%) business leaders admit they have no knowledge of recent changes to money laundering regulation and what they need to do to remain...

Epiphany wins SEO contract with GM8 Group

With a focus on aggressive growth in 2020, UK-based sustainable products provider, GM8 Group, has partnered with Jaywing’s search specialist, Epiphany, in...

Government needs to remove EU rules from bank loan conditions to save British jobs

The CBILS and CLBILS Loans schemes currently require UK businesses to pass an EU “Undertaking in Financial Difficulty” Test. This is unnecessary and...

Foundation Home Loans to return to new lending with buy-to-let and residential product ranges

Foundation Home Loans, the intermediary-only specialist lender, has announced that, following the return of its valuation partners to the market, it will...

Fleet Mortgages recommences physical valuations on pipeline and new business

Fleet Mortgages, the buy-to-let specialist lender, has today announced that physical valuations in England have recommenced on its pipeline business, with new...

Fiduciam completes two loans in Spain this week, despite state of emergency

Short-term and marketplace lender, Fiduciam, continues to lend in Spain during the Covid-19 state of emergency with two loans completed this week, totaling...

AML specialist SmartSearch chalks up continued growth in face of coronavirus outbreak

Specialist anti-money-laundering (AML) firm SmartSearch is continuing its impressive growth, despite the outbreak of Covid-19. It now has more than 4,500...

UK economy shrinks at fastest pace since financial crisis – comments

The chancellor has said it is “very likely” the UK is in a “significant recession”, as figures show the economy contracting at the...

Return to work is point of maximum danger for fraud – comment

Commenting on the return to work in the property market, John Dobson, CEO at AML specialists SmartSearch, said: “After several weeks of deep uncertainty,...

Take security seriously when getting back to work

We all had to adapt quickly when the Coronavirus Pandemic took hold, which may have meant some organisations took short-cuts with security, suggests Eckoh, the...

Siemens body temperature solution minimises infection risk in buildings

Siemens Smart Infrastructure announced the launch of Siveillance Thermal Shield. This solution package quickly measures the body temperature of a person...

Comment: Bank of England warns of deepest recession on record

Following the Bank of England’s warning this morning that the UK economy is edging to its deepest recession due to Covid-19, Markus Kuger, Chief Economist at...

Paradigm announce new partnership with MyGabriel

Paradigm Mortgage Services has today announced a new partnership with MyGabriel Accounting Solution which provides advisory firms with a system that completes...

Click2Check announce market launch of Credit Assess

FinTech company, Click2Check, has today launched its Credit Assess product – a white-label online solution for mortgage advisers to obtain credit scores,...

New SmartSearch facial recognition feature gives added peace of mind

SmartSearch has added a new facial recognition feature to its award-winning digital anti-money-laundering (AML) platform, providing additional peace of mind to...

Bill Flynn Appointed General Counsel and Chief Risk Officer at TransUnion UK

TransUnion has appointed Bill Flynn as general counsel and chief risk officer for its UK business. In this role, Bill will lead TransUnion’s engagement with...

Can Board Games Help Us to Navigate Complex Change Management Issues?

With board games becoming a regular activity in many UK households, Jonathan Berry, European Practice Director at international change management firm,...

Government-backed ‘bounce back loan’ scheme launched

Today, businesses will be able to apply for loans of up to £50,000 in a scheme backed by the Treasury. The new scheme, dubbed bounce back loans, will offer...

New PropTech company launches unique income risk indices and 10-year risk forecasts for Commercial Real Estate market

Income Analytics today announces the launch of its tenant income risk indices and benchmarks – a new and unique set of indicators for quantifying tenant...

Epiphany wins SEO contract for Ironmongery Direct

With a renewed focus on digital marketing, UK-based ironmongery specialist, Ironmongery Direct, has partnered with Jaywing’s search specialist, Epiphany, in...

Leading SME lending portal updates on Coronavirus loan volumes

Funding Xchange, the leading platform to connect small business borrowers with over 80 lenders, and manager of the largest dynamic data set of small business...

Recordsure and TCC appoint industry-leader Adrian Fisk as a board advisor to support international expansion

UK based companies Recordsure and TCC have announced the appointment of Adrian Fisk as an advisor to their respective boards. Recordsure and TCC were both...

SmartSearch rises to 15th in the Sunday Times Profit Track List

Anti-money-laundering pioneers SmartSearch this Sunday achieved 15th position in the Sunday Times Profit Track list. The list recognises the British companies...

Open Banking UK (OBIE) Commercial Executives join competitor Konsentus

UK, 27th April 2020: Konsentus today announced that two senior members of the commercial team at the Open Banking Implementation Entity (OBIE), have joined...

Nearly a Quarter of UK Consumers Targeted by Fraud in Current Pandemic

Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the latest fraud statistics, and examines TransUnion’s own findings as it...

Nearly a Quarter of UK Consumers Targeted by Fraud in Current Pandemic

Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the latest fraud statistics, and examines TransUnion’s own findings as it...

Expert comment: COVID-19 needs better banking tech

As applications for the furlough scheme flood in, not everyone is accounted for. Many people who are struggling to cope in the crisis will rely on loans from...

Duff & Phelps Opens Sydney Office and Launches Australia Restructuring Advisory Practice

Duff & Phelps, the global advisor that protects, restores and maximises value for clients, today announced the opening of a Sydney, Australia office and...

Euler Hermes announces major downgrades amid Covid-19 crisis

Euler Hermes, the world’s leading trade credit insurer, has downgraded a record 18 countries and 126 sector risk ratings as the Covid-19 pandemic takes its...

Inc & Co Capital launch low-interest loans to support creative businesses in Manchester

Manchester-based Inc & Co Capital Ltd, a sister company of Inc & Co, is launching low-interest small business loans for start-ups and agencies in and...

Experian agrees support package to help protect business credit scores

Experian, and other credit reference agencies (CRAs), have today confirmed new guidance to protect business credit scores during the Covid-19 pandemic. Lenders...

Technology will be key differentiator in risk management according to new Aite Group study

Digitalisation of risk technology will be a pivotal factor in the monitoring and management of risk during increasingly common periods of volatility and...

BetVictor Teams Up With TransUnion to Provide a Better Understanding of Customer Affordability and Help Protect Consumers

Leading global online gambling operator BetVictor is delighted to announce its partnership with global information and insights company TransUnion,...

One in four UK companies are suffering badly in the current corona crisis

More than 1 in 4 UK companies are being heavily impacted by the corona pandemic. That is the conclusion of the business intelligence specialist Graydon UK,...

New book to help small business owners navigate the current COVID-19 Crisis.

We are now entering a recession predicted to be twice as severe as the 2008 financial crash and as deep as the great depression of the 1930s. The economy is...

Funding Xchange and Experian team up to help banks triage CBILS lending enquiries

Funding Xchange and Experian have launched an online service for banks so businesses requiring funding during the Covid-19 pandemic can check if they meet...

The Right Mortgage and Protection Network announce programme of online events

In their latest move to support members across the UK during this time, The Right Mortgage and Protection Network, home to over 490 advisers, have created a...

SDL Surveying reveals COVID-19 initiatives as part of tech-focused Business Continuity plans

Residential surveying specialist, SDL Surveying, has today revealed a number of new initiatives as part of its technology-focused business continuity plans to...

Fiduciam bucks Covid-19 trend, lending £9m in Easter week

Pension fund owned bridging lender, Fiduciam, is bucking the trend in the bridging market and lent over £9million in Easter week alone. It is also on target...

Be careful of “fake” credit provider scams during the covid-19 pandemic

The National Credit Regulator (NCR) is warning consumers to be careful of scammers who act as legitimate credit providers preying on vulnerable consumers...

AmTrust response to potential extension of Help to Buy Scheme

In response to the news today that the Government is discussing a potential extension to the Help to Buy Scheme, Patrick Bamford, Business Development Director...

Equiniti Credit Services enters mortgage market with Hodge Bank win

Equiniti Credit Services (EQCS), the UK’s leading consumer credit technology and outsourced services provider, has been chosen by Cardiff-based bank, Hodge,...

Free Knowledge Bank licence for all new OMS users

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, is now offering a free Knowledge...

Second charge mortgage new business volumes up by 13% in February 2020

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

EPA publishes new guidance on digital identification and authentication to help tackle financial crime

The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing payments companies, has today published new...

It’s tempting to move out of cash, but it’s still the cornerstone of financial planning

Last month, the Bank of England Monetary Policy Committee (MPC) lowered the Bank Rate from 0.25% to an all-time low of 0.1% in an emergency move to support the...

Dun & Bradstreet upgrades China’s risk rating from deteriorating to stable

Dun & Bradstreet – the world’s largest business information company – has upgraded China’s risk rating from ‘deteriorating’ to ‘stable’, as...

Equifax UK response to FCA temporary financial relief for customers impacted by coronavirus

Patricio Remon, President of Europe at Equifax, comments on the FCA temporary financial relief for customers impacted by coronavirus: “The FCA proposals will...

FLA calls for urgent action to support non-bank lenders

The FLA has today called on the Government and the Bank of England to take urgent action to support the non-bank lending market. New figures to be released...

Graydon and Neotas announce partnership to fight commercial fraud and reduce trade credit risk

Graydon, Europe’s leading provider of business data, insights, analytics and solutions and Neotas, a leading provider of online due diligence, announced...

As business recovery via debt is saving a vast majority of global businesses – is COVID-19 transforming SME culture around debt for growth?

For years now, the process of giving equity in a business away for start-up or scale-up capital has been normalised in popular culture with television shows...

Financial remodelling in a time of crisis

The unprecedented financial crisis caused by the global pandemic is giving rise to a reappraisal of the robustness of businesses previously thought to be...

FICO Addresses Critical Resiliency Issues for Financial Services

As financial services providers worldwide come under unprecedented pressure from the coronavirus pandemic, analytics software firm FICO has launched a global...

Just Mortgages sees spike in applications as clients rush to beat coronavirus lockdown

Just Mortgages brokers have seen one of their busiest weeks ever, embracing new ways of working to help their clients beat the coronavirus lockdown put in...

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...