NewDay launches Bip the UK’s first digital only credit card

NewDay, a leading UK provider of accessible credit, has launched Bip – the first completely cardless consumer credit proposition in the UK. Bip has been...

Markedly Lower Year-On-Year Increase in Credit Card Spend Suggests Consumers Are Adjusting to ‘New Normal’

Global analytics software provider FICO today released its analysis of UK card trends for May 2021, which suggests that some consumers are practicing pragmatic...

CHL Mortgages cuts Buy-to-Let rates at 75% LTV

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has cut rates across its 75% LTV product range by up to 15bps. Five-year fixed rates now...

Experian findings show mortgage misunderstandings are extremely widespread

New research from Experian found that nearly two fifths (38%) of Brits said they were considering buying a new home within the next five years, rising to 66%...

Foundation Home Loans launches ‘No-fee’ 75% LTV Limited Edition Portfolio Landlord specials

Foundation Home Loans, the intermediary-only specialist lender, has today launched a set of ‘No-fee’ 75% LTV two-year fixed rate Limited Edition buy-to-let...

The Independent and Evening Standard partner with Experian to help future-proof advertising revenues

The publisher of The Independent and Evening Standard has teamed up with Experian to use a new industry-leading solution which will future-proof advertising...

Hodge ramps up Portfolio Buy-to-Let offering with higher LTV and new variable rate product

Hodge has today made some changes to its Portfolio Buy to Let (PBTL) loans, including increasing its maximum LTV to 75%, as well as increasing the LTV for...

LOQBOX & ClearScore launch world’s first app integration for the financially excluded

Financial exclusion impacts billions of people around the world, including younger people who are thin file* or new to credit. As the UK economy works hard to...

Insurers Urged To Re-Examine Risk Models as COVID-19 Complicates Lending Picture

Economic uncertainty means judging credit risk is more complex than ever for insurers – with TransUnion’s Consumer Pulse study showing that nearly half...

The Council’s confirmed status as a charitable organisation further supports its efforts to bolster the UK cyber security community

The UK Cyber Security Council – the self-regulatory body for the cyber security education and skills sector – today announced that its application for...

Landbay reduces rates on core product range

Landbay has reduced the rates on its core product range by up to 0.24%, making its range of buy-to-let mortgages even more competitive. In addition, Landbay...

OMS in tech partnership agreement with Y3S

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by Y3S to work alongside its...

Fleet Mortgages’ Q2 2021 Rental Barometer shows steady rental yield figures for second quarter running

Fleet Mortgages, the buy-to-let specialist lender, has today launched the sixth iteration of its Buy-to-Let Rental Barometer covering Q2 2021 rental yields...

Knowledge Bank launches industry-first product transfer tracker

Knowledge Bank has enhanced its industry leading criteria search system with the addition of a revolutionary product transfer feature. The latest development...

European trading reports published by Atradius

Trade credit insurer Atradius has published three country reports for businesses exporting to Europe. The France, Italy and Germany reports detail the economic...

Knowledge Bank launches industry-first product transfer tracker

Knowledge Bank has enhanced its industry leading criteria search system with the addition of a revolutionary product transfer feature. The latest development...

Comment: FCA letter highlights banks “outdated” and “unreliable” AML defences

Following the FCA issuing a warning letter to banks over anti-money laundering failings, we have the following comment from AML experts, SmartSearch. Martin...

New appointment at Atradius’ Northern Hub

Trade credit insurer Atradius has bolstered its regional presence with a new UK north manager. Alastair Divers has been appointed to the role of account...

F4B Network adds Metro Bank to lending panel

The F4B Network has announced the addition of Metro Bank to its lending panel. This panel addition will provide F4B Network members with access to Metro...

Air Group launch product relationship with free2

Air Group, the leading later life services platform, has today launched a new product relationship with free2, the over-55s credit broker. Adviser members of...

Together Financial Services Limited – Trading Update and Notice of Full Year Results

Together Financial Services Limited (‘Together’), one of the UK’s leading specialist mortgage and secured loan providers, today provides a...

New senior underwriter promotion at Atradius

Leading trade credit insurer Atradius has enhanced its underwriting team with a senior promotion. Ruby Hartery has been promoted to the position of senior...

SmartSearch calls on UK businesses to work with AMLA

Leading UK RegTech specialist SmartSearch has warned the UK could be left behind in the fight against money laundering and financial fraud, if it fails to...

Landbay introduces HMO range for first-time landlords

Landbay has launched two new buy-to-let mortgage products for first-time landlords who want to invest in houses in multiple occupation (HMO). Most lenders...

Fleet Mortgages cuts rates and adds two- and five-year fixed-rate 80% LTV products

Fleet Mortgages, the buy-to-let specialist lender, has today announced a series of rate cuts and new 80% LTV product options with two- and five-year deals for...

Fleet Mortgages cuts rates and adds two- and five-year fixed-rate 80% LTV products

Fleet Mortgages, the buy-to-let specialist lender, has today announced a series of rate cuts and new 80% LTV product options with two- and five-year deals for...

Poll reveals stark USMCA north-south divide

Differences in how governments have managed the pandemic may be behind contrasting results in this year’s Payment Practices Barometer survey. 81% of...

New starters come to the fore – latest Knowledge Bank Tracker results reveal

New research from criteria search specialist, Knowledge Bank shows brokers are, for the first time since the tracker started, searching for ‘time in current...

West One Loans’ joins Tenet Group’s lender panel

Tenet Group, a leading financial adviser network supporting independent financial advice, has added West One Loans’ buy-to-let division to its lender panel....

Elliptic Enables Leading Bank Silvergate to Automate KYC for Crypto Businesses

Elliptic today announced that Silvergate Bank, the leading provider of financial infrastructure solutions and services for the growing digital currency...

Survey Says: Risk management key to resiliency in 2021 and beyond

COVID-19’s disruption has stretched risk management infrastructures to the brink, forcing banks to recalibrate their data, models and processes for stress...

Creditspring hits key customer milestone as UK consumers seek support to manage finances

Creditspring, the FCA-regulated consumer credit provider, today announces that it has reached a milestone of 50,000 members since its launch in 2016. This is a...

IE HUB and Vulnerability Registration Service partner to ensure ongoing support for the vulnerable

IE Hub, an online income and expenditure portal aimed at helping the financially vulnerable take control of their finances, has partnered with the...

Foundation Home Loans launches 1.99% buy-to-let ‘Green’ mortgage to landlord purchasers

Foundation Home Loans, the intermediary-only specialist lender, has today opened up its Green mortgage products to landlords purchasing property. Foundation...

Atradius strengthen its “Non-Can” presence in key Brazil market

Atradius has announced the expansion of its services to the Brazil market with the appointment of Carolina Berardinelli as Senior Underwriter, Special...

Second charge mortgage new business volumes grew by 293% in May 2021

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

The Open Banking Fraud Conundrum

As adoption of Open Banking in the UK picks up speed – users in the UK have grown from one million in 2020 to three million this year[i] – the...

Comment: Inability to adapt hampering banks AML efforts

Following the EU’s banking watchdog expressing that banks’ dependence on ‘RegTech’ technology to automate fraud checks needs common rules to...

United Trust Bank combines new digital enhancements to deliver a 3-hour application to mortgage offer

United Trust Bank (UTB) has successfully combined its new Mortgage DIP and Auto-Underwrite technology with existing AVM and Biometric ID verification through...

Police seize £114m of cryptocurrency in money laundering sting – comments

Further to the news that Scotland Yard detectives last week raided a huge money laundering operation in London, seizing more than £100m in cryptocurrency,...

UK Cyber Security Council launches first two initiatives to help develop the profession

The new UK Cyber Security Council has instigated its first two initiatives, under its mandate from the Government to develop the cyber security profession. The...

Nationwide HPI shows 13.4% jump – the highest since 2004!

The latest Nationwide House Price Index shows house prices are up 13.4% annually, the highest rate of growth since 2014. Founder and CEO of GetAgent.co.uk,...

Property transactions tumbled -51% ahead of the original stamp duty deadline

Research by leading estate agent, Benham and Reeves, has revealed that while the anti-work from home movement has been building amongst homebuyers across major...

Reform on the agenda as South African economy rebounds

The pandemic has increased the urge for economic reform in South Africa, reports economists from trade credit insurer Atradius. The new South Africa Country...

Slovakia’s Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization

Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio...

Equifax UK hires new Managing Director for Debt Services business

Equifax UK has today announced the appointment of Phil McGilvray as the new Managing Director for its Debt Services business, which incorporates TDX Group and...

Foundation Home Loans launches new BTL Limited Edition five-year fix

Foundation Home Loans, the intermediary-only specialist lender, has today launched a new Limited Edition, remortgage-only five-year fixed buy-to-let product...

Will the 5G data explosion swamp European banking?

The comprehensive roll-out of 5G across the UK and the rest of Europe is due to be completed within the next five years. Many analysts, however, agree...

West One Loans launches BTL product enhancements

The buy-to-let division of West One Loans is continuing to grow at pace with yet more new products to meet increased demand in the market. The raft of new...

The University of Manchester launches MSc in Financial Crime and Compliance in Digital Societies in association with the International Compliance Association

The University of Manchester, in association with The International Compliance Association (ICA) – part of Wilmington plc, has launched an MSc in Financial...

United Trust Bank launches online mortgage DIPs and Auto-underwriting as it continues the Broker Summer Support Package 2021

United Trust Bank (UTB) has launched its new online Decision in Principle (DIP) and automatic-underwriting system to provide brokers with point of sale...

Suspected Financial Services Digital Fraud Attempts Rise 149% Globally as Prevalence of Digital Transactions Increase

As more consumers go online for banking and other financial transactions, new research from TransUnion has found that fraudsters are ramping up their efforts...

Prime borrowers continue to use seconds for home improvements, reveals Evolution Money Second Charge Mortgage Tracker

Evolution Money, the second-charge lending specialist, has today launched the second iteration of its quarterly data tracker, which reviews borrower types,...

Landbay cuts large HMO and MUFB rates

Continuing its run of recent rate reductions, buy-to-let lender Landbay, has trimmed its large HMO and MUFB range, by up to 0.2%. Landbay’s criteria for...

SmartSearch warns against rushing AML to beat SDLT

Leading UK RegTech specialist SmartSearch has warned against the dangers of rushing through anti-money laundering checks, in a bid to beat the upcoming stamp...

Comment on the EU granting the UK data adequacy

The EU has finally granted the UK data adequacy, please find comment below from Rob Masson, CEO, The DPO Centre. If you would like further comment do let me...

Landbay launches new range of green mortgages incentivising energy efficient rental properties

Specialist buy-to-let lender, Landbay, has today launched its first green mortgage range. All green products offer a 0.1% or 0.05% reduction against their...

LSB issues warning to CRM Code signatories over Authorised Push Payment (APP) scams

The Lending Standards Board (LSB) has today published its latest report detailing findings regarding the implementation of a provision of the Contingent...

Switzerland’s PostFinance Selects FICO Falcon Platform to Protect Nearly 3 Million Debit Cards with AI

Analytics software firm FICO today announced that Switzerland’s PostFinance will protect nearly 3 million debit cards with the FICO® Falcon® Platform, the...

Equivo Invests in LexisNexis Visualfiles to Raise the Bar for Compassionate and Professional Debt Recovery Service

Equivo, the newly launched dedicated recoveries business by UK law firm, Shoosmiths LLP and the national collections, recoveries and enforcement business,...

4most Provides Credit Risk Support to BancorpSouth Bank as risks shift from the virus to pandemic recovery

Global risk analytics consultancy, 4most, has announced the provision of its USA CECL Economics Service to BancorpSouth Bank amidst the ongoing pandemic. The...

FICO UK Credit Market Report April 2021: End of Lockdown Increases Credit Card Spend 12 Percent

Global analytics software provider FICO today released its analysis of UK card trends for April 2021, which shows the impact of the opening up of hospitality...

Equifax UK updates credit risk scores to empower better lending decisions

Equifax UK has updated its flagship credit risk product, Risk Navigator 5, setting a new standard in powering better decision-making and improving consumer...

CHL Mortgages added to Paradigm lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today added returning buy-to-let lender, CHL Mortgages, to its panel. From today, Paradigm...

True Cost of Financial Crime Compliance Global Report

“Regulation technology will continue to play a significant role in the fight against financial crime, particularly as new legislation and regulatory guidance...

Brexit uncertainty impacts long term UK-EU trade levels

UK trade with the EU has declined at twice the rate as trade with the rest of the world, reports new economic research from trade credit insurer Atradius....

United Trust Bank begins offering Recovery Loan Scheme (RLS) facilities

United Trust Bank (UTB) has begun offering Recovery Loan Scheme (RLS) facilities of up to £10m, supporting access to finance for businesses as they recover...

TransUnion Unveils Enhanced Data Breach Support Service in the UK

TransUnion, a global insights and information company and one of the UK’s leading credit reference agencies, has enhanced its data breach support service for...

New VRS Aware Product Offered To Aryza Customers Enabling Ongoing Identification Of Vulnerable Customers

Having joined the Vulnerability Registration Service (VRS) back in April, Aryza is now offering all lenders using the Aryza Sentinel Loan Management system...

Pollen VC launches first live lending facility for app and game makers, enabling them to borrow 4x their monthly revenues

Fintech lender Pollen VC, a leading provider of credit facilities to app and game developers, has today expanded the amount developers can borrow to up to 4x...

Farewell to furlough – latest Knowledge Bank Tracker results reveal

New research from criteria search specialist, Knowledge Bank shows that ‘furloughed workers’ is no longer amongst the most-searched terms by brokers....

SmartSearch warns against risk of GDPR breaches

Leading anti-money laundering specialist SmartSearch has warned many businesses may be at risk of being in breach of GDPR rules, due to a lack of secure data...

Delivering car finance eligibility to the automotive market

Car buyers will now be able to get a clearer view of their financing options without affecting their credit score, thanks to a new partnership between Experian...

Climate change creates new humanity-saving opportunities for international businesses: New Atradius report

Climate change is raising the level of international country risks but offers a golden opportunity for businesses to make a positive step change, report...

Foundation Home Loans cuts rates on five-year BTL fixes and adds new 65% LTV Green Reward Remortgage for landlords

Foundation Home Loans, the intermediary-only specialist lender, has today made a number of rate reductions across its five-year fixed-rate mortgage range for...

Banks’ Identity Checks Have Pushed One in Four Brits to a Competitor

New data from FICO, the global analytics software provider, reveals the levels of consumer tolerance to new account opening security checks. With 23 percent of...

Second charge mortgage new business volumes grew by 176% in April 2021

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

Atradius report reveals new export opportunities in UAE

Economic diversification in the United Arab Emirates will create new trade opportunities for exporters, reports export expert Atradius. In its latest Country...

Euler Hermes announces Natixis as one of its first partners for sustainable investment product

Euler Hermes, the world leader in trade credit insurance, announces that Natixis is one of its first participating partners in its Green2Green Single Risk...

Mitek acquires ID R&D

Mitek (NASDAQ: MITK), a global leader in digital identity verification, today announced that it has acquired ID R&D, an award-winning provider of...

Latest fraud statistics reveal criminals are preying on new targets to launder illegal funds

Cifas and UK Finance are warning of the increasing number of middle-aged money mules and businesses being recruited to launder money. Traditionally, criminals...

Fleet Mortgages to lend to Limited Liability Partnerships

Fleet Mortgages, the buy-to-let specialist lender, has today announced it will now lend to limited liability partnerships (LLPs). The lender is offering a...

LendingMetrics partners with Experian

LendingMetrics is delighted to announce it is partnering with Experian Ltd to help facilitate the growth of its LMX data platform. LendingMetrics has enjoyed...

UK investor confidence boosted by vaccine rollout and lockdown easing

A new independent survey of 735 UK-based investors has revealed how the vaccine rollout and easing of lockdown restrictions is boosting optimism. It found: 41%...

Latest FICO Fraud Model Helps Identify 50% More Scam Transactions

Today, FICO, a global analytics software provider, announced the latest release of the FICO® Falcon® Fraud Manager model for Retail Banking, which leverages...

Comment: NatWest in court for money laundering failures suggests aggressive approach from FCA

Ahead of NatWest becoming the first bank to appear in court over money-laundering breaches, John Dobson, CEO at anti-money laundering experts, SmartSearch,...

Likelihood of securing credit has overtaken pre-pandemic levels

People’s likelihood of securing credit has overtaken pre-pandemic levels, according to Experian. The number of people who have a strong chance of being...

New Report from Corinium and FICO Finds that Lack of Urgency Around Responsible AI Use is Putting Most Companies at Risk

Today, FICO, a global analytics software firm, released its State of Responsible AI from market intelligence firm Corinium which found that despite the...

Euler Hermes announces key changes in their Board of Management and Regional Management teams

Euler Hermes, the world’s leading trade credit insurer, announces key changes in their Board of Management and Regional Management teams. While the Covid-19...

Second charge changes at West One

West One Loans has made product and criteria enhancements to its Apex 1 second charge mortgage range including raising the loan to value from 80% up to 85%....

GDPR three-year anniversary: reaction

Ahead of the three-year anniversary of the introduction of GDPR tomorrow, Nicola Howell, Managing Attorney, Legal at Dun & Bradstreet UKI and Europe:...

Morocco’s economic rebound reliant on export demand

Moroccan international trade is set to rebound this year after being stifled by the coronavirus pandemic, reports export expert Atradius. The latest Morocco...

SmartSearch urges agents to ‘ditch documents’ to be compliant

Leading anti-money laundering specialist SmartSearch has warned property agents are in serious danger of non-compliance with new regulations, unless they ditch...

Comment: Housing market a “long way from the dark days of 2020”

Commenting on the HMRC transaction figures for April which show a 35.8% drop on March, Jonathan Sealey, CEO at Hope Capital said: “It will come as no...

The biggest April for property sales since the financial crisis: sales double in a year

117,860 homes sold in April (seasonally adjusted), almost double the number we saw a year earlier (179.5%) but down more than a third from March (35.7%). This...

OECD GDP growth slows to 0.3% in the first quarter of 2021

Following the unprecedented falls and subsequent rebounds in 2020, growth of real gross domestic product (GDP) in the OECD area slowed to 0.3% in the first...

Total Economic Impact Study Finds FICO Decision Modeler Delivers 356% ROI over Three Years

FICO, a global analytics leader, today released the Total Economic Impact™ (TEI) Study of FICO® Decision Modeler, conducted by Forrester Consulting on...

Value of fraudulent tenant applications rose 263% in Q1 2021

Tenant due diligence and guarantee firm Homeppl was able to identify a staggering 263% increase in the value of fraudulent tenant applications in just three...

Zephyr Homeloans cuts 75% LTV rates

Specialist buy-to-let (BTL) lender Zephyr Homeloans has cut rates on its 75% loan-to-value (LTV) five-year, fixed-rate loans and introduced a 2% product fee...

Foundation Home Loans launches new fee-assisted BTL mortgages and fixed-fee HMO/MUB products

Foundation Home Loans, the intermediary-only specialist lender, has today launched a number of new products, including fee-assisted options for purchases as...

All UK sectors now in growth mode for the first time since August 2018

The number of UK sectors reporting output growth rose to pre-pandemic levels for the first time during April, according to the latest Lloyds Bank UK Recovery...

RSM highlights skills gap as FCA figures show increased cyber risk to financial services

Figures obtained by RSM under a Freedom of Information request demonstrate a 28 per cent rise in cyber-attacks reported to the FCA by financial services...

SmartSearch enters non-regulated market as business grows

Leading anti-money laundering solution provider SmartSearch has entered the non-regulated market with a new product launch as part of its ongoing business...

Connected Data deploys market leading fraud prevention technology into debt management – an industry first

Data driven technology company Connected Data has partnered with global fraud fighter, SEON, to bring a fresh and more effective perspective to debt prevention...

Does the EU’s Framework for Responsible AI Go Far Enough?

“Last month, the European Commission issued a new legal framework for AI, designed to make the European Union a centre of excellence for trustworthy AI....

West One Loans unveils new 75% LTV product among key changes

West One Loans’ buy-to-let division has unveiled a raft of product and criteria changes today, including a new product launch and reduced prices on selected...

CHL Mortgages launches BTL product range via selected distribution partners

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has launched its new BTL product range with a limited group of directly authorised brokers...

Digital Fraud on the Rise Again According To Latest ONS Fraud Statistics

“Today’s ONS fraud statistics reinforce the extent to which cybercriminals have been using the digitalisation of society brought about by the pandemic to...

Non-EU imports have outstripped EU imports for the first time. That does not make Brexit a success

Brexiteers may be celebrating the fact that EU imports to the UK were overtaken by non-EU imports for the first time, but that doesn’t mean Brexit is...

Applying for breathing space? Make sure you’re dealing with a professional adviser

Cifas is warning individuals applying for the new ‘breathing space’ scheme to ensure that they check any organisation or individual offering this service...

ONS GDP figures: industry reaction

In line with today’s ONS GDP figures, Markus Kuger, Chief Economist, Dun & Bradstreet said: “Today’s ONS figures revealed signs of growth which,...

Early Warning Signs

Global analytics software provider FICO today released its analysis of UK card trends for March 2021, which shows a big change in spending and financial...

The global property markets driving pandemic price growth

Research by the leading mortgage broker for global high-net-worths, Enness Global Mortgages, has highlighted which global property hotspots are performing best...

ONS: Pandemic leaves scars on teenage workers and their families

Younger people were hit hard by the pandemic, and early in the crisis employment among 16-24-year-olds fell faster than any other age group. Overall in 2020,...

Open banking demand triples during Covid-19 pandemic

The number of people choosing to share their data through open banking has tripled since the start of the Covid-19 pandemic, according to the latest statistics...

Open Finance: Screen-scraping fears highlight need for change

There has been recent press covering screen-scraping scams and how these scams could target individuals and businesses. There is a better answer to these...

AMAG Leasing AG Accelerates Car Leasing with Cloud-Hosted FICO Decisioning Platform

AMAG Leasing AG, the largest B2B and B2C captive car leasing company in Switzerland, has used the FICO® Platform to improve its credit granting process. With...

Fleet Mortgages cuts rates on 75% LTV payrate products

Fleet Mortgages, the buy-to-let specialist lender, has today announced it has cut rates on its 75% LTV payrate products. The lender offers these products...

Revolut adopts Elliptic’s crypto compliance software and broadens its cryptocurrency offering

Revolut, the fast growing fintech with more than 15 million customers, has announced today that they have integrated with Elliptic, the global leader in...

Britain’s biggest housebuilders see profits half during pandemic

Research by the new build snagging and defect management experts, BuildScan, has revealed that 12 of Britain’s biggest housebuilders have seen their profits...

Export opportunities and risk in the Polish market

Polish exports are expected to see a sharp rebound this year, reports the latest trading update by leading trade credit insurer Atradius. In the Poland Country...

Second charge mortgage new business volumes stable in March 2021

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

Analyst reaction available for BoE interest rates decision

With the Bank of England’s Monetary Policy Committee meeting later today to discuss interest rates, Giles Coghlan, Chief Currency Analyst at HYCM, said:...

Countrywide Surveying Services appoints Senior Technical Manager for Risk and Compliance

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced the appointment of Ana Bajri as a...

MCI appoints Darlington Building Society to lender panel

Darlington Building Society is the latest lender to join the growing lender panel of MCI Mortgage Club. The Society offers a wide range of mortgages from...

Brokers treading gently with ‘soft footprints’ most searched in April

New research from criteria search specialist, Knowledge Bank, shows that brokers are searching for applications that will not leave a lasting mark on a...

Half of Gen Z Have Been Targeted in a Digital Fraud Attempt

TransUnion’s Consumer Pulse Study has found that a third (33%) of UK consumers say they have been targeted in a digital fraud attempt related to COVID-19 in...

Startup bank Pennyworth begins beta testing of augmented intelligence app

Pennyworth, the digital bank founded by former-Barclays executives for busy professionals, managers and business owners, has made the first version of its...

First 4 Bridging announces launch of semi-exclusive BTL with Castle Trust Bank

First 4 Bridging (F4B) has announced the launch of a semi-exclusive buy-to-let (BTL) product with Castle Trust Bank. The BTL product has a five-year term with...

Business barometer: Three in four small businesses set out growth agenda for the post lockdown era

More than three in four small business owners (78%) are working on plans to strengthen their enterprises in the next 12-months, with the top priorities being...

Optimism boosts mortgage borrowing and cuts debt repayments

Net mortgage borrowing was £11.8 billion in March: the strongest since the series began in 1993. This is higher than the pre-financial-crisis peak in 2006....

New faces at LendingMetrics

Intelligent decisioning technology provider LendingMetrics has made a range of new appointments to ensure high delivery standards as its customer base expands....

SmartSearch records 50% headcount growth in just six months

Leading anti-money laundering solution provider SmartSearch has recorded just over 50% growth in its team over the past six months, following a surge in demand...

Partnership will combine unique data sources with capability that simplifies deployment and removes ‘data noise’ for actionable insight

Recently launched data driven technology company Connected Data and award winning data company, Data On Demand, have joined forces to help organisations reduce...

Shield Releases its Trade Intelligence Solution to Further Strengthen Compliance and Commercial Insights

Specialist RegTech provider Shield today announces the addition of its Trade Intelligence layer as part of its communications compliance lifecycle platform. By...

Job adverts finally above pre-pandemic levels: experimental ONS figures

For the first time since March last year, there were more online job adverts last week than before the pandemic struck. They were at 103% of the February...

Equifax UK partners with Canopy to improve tenants’ access to credit

Equifax UK, the business and consumer insights expert, is partnering with Canopy, a fintech platform focused on the financial wellbeing of tenants, to include...

House prices have hit pre-financial crash highs in just three regions of Britain

The latest research from Warwick Estates has revealed that while house prices are currently at an ‘all time high’, they’re yet to surpass their...

House prices could boom by a further £30,000 this year

The house price boom caused by the introduction of the stamp duty holiday could see the average house price across England climb by another £23,000 before the...

Senior financial services and debt expert, Carlos Osorio, joins Arum as Managing Director

Arum is delighted to announce the appointment of Carlos Osorio as its new Managing Director. Carlos has spent the past 30+ years working in financial services...

Steeleye’s new AI-driven lexicon revolutionises market abuse detection

SteelEye, the compliance technology and data analytics firm, has completely revolutionised market abuse and communications monitoring with its innovative new...

Retail Sales Continue To Recover As the UK Heads Out of Lockdown

Comments on the latest retail sales index from the Office for National Statistics (ONS), Dominic Goslett, director of retail for TransUnion in the UK, said:...

Mortgage Amounts Increasing Due to Climate Change Concerns

Rising sea levels and increased rainfall are causing higher deposit rates in high-risk areas. Research from online estate agents Emoov have revealed the cities...

emerchantpay uses AI to take a tough stance on fraud through The ai Corporation’s aiFraud Managed Service

Online payment fraud is becoming more prevalent due to a rise in online transactions during the global pandemic, with The City of London Police reporting...

HMRC comment: “sharp-set hunger” in the housing market

Following the latest HMRC statistics which found that UK residential transactions in March 2021 is 180,690, double (107.9%) the amount of transactions in March...

February frenzy accelerated house price rises (ONS)

Average house prices in February were up 8.6% in a year – up from 8% in January. It’s the highest annual growth rate in over six years. The average house...

Hodge reduces rates and introduces discounts across its mortgage products

Intermediary only lender Hodge has today reduced rates across its holiday let and 75% LTV 50+ products by 0.20%. It has also added a two-year discounted rate...

The Right Mortgage and Protection Network welcome Vincent O’Connor as head of protection

Vincent O’Connor appointed as network’s new Head of Protection. In this new role, Vincent will lead the network’s protection offering to their members....

1 in 10 UK Consumers Think Their Identity Was Stolen, 1 in 25 Know It Was

FICO’s identity proofing and digital banking survey shows identity theft is a tangible threat for people in the UK – 4 percent said they know their...

Evolution Money sees surge in smaller brokerage referrals in March

Evolution Money, the second-charge lending specialist, has today announced March 2021 as a record month for the business in terms of new introducers and has...

Paradigm adds new lender, MPowered Mortgages, to panel

Paradigm Mortgage Services, the mortgage services proposition, has today added new lender, MPowered Mortgages, to its panel. From today, Paradigm member firms...

BSI Connect launches for improved visibility and efficiency across operations

BSI, the business improvement and standards company today launches BSI Connect, an integrated platform supporting audit, risk governance and supply chain...

HSBC to make room for collaborative space, Maintel comments

Following HSBC’s decision to scrap their executive floor and make room for collaborative space in their London HQ, Dan Davies, CTO at Maintel, shares his...

FICO Announces New Virtual Event, “Success Realized: Digital Transformation Delivered”

FICO, a global analytics leader, today announced another event in its virtual series – Success Realized: Digital Transformation Delivered. This interactive,...

Lifting of lockdown triggers loan surge

Applications for finance have soared since the lifting of lockdown restrictions, according to intelligent decisioning technology provider LendingMetrics. The...

City of London calls for ‘paradigm shift’ in tech at banks – fintech industry reaction

In light of today’s news of the report that UK banks need to do more to embrace technology,  Paul Randall, CEO, Creditinfo said: “Financial institutions...

Regulators may need to mandate regtech – NorthRow CEO

With the news that the annual cost of compliance for Britain’s top five banks could be cut by at least £523 million with regtech, Adam Holden, the CEO of...

Comment: Government must have a global strategy to combat advanced AML

Commenting on proposals by the EU to launch a five-year plan to tackle money laundering, SmartSearch MD Martin Cheek says: “The EU has set out a five-year...

FICO UK Credit Market Report February 2021: A Tale of Two Halves

Global analytics software provider FICO today released its analysis of UK card trends for February 2021 with increased financial stress and reduced spending...

Despite Widespread Disruption, Survey Finds 42% of UK Finance Leaders are Focused on Growth with Automation a Key Priority

As UK businesses continue to assess the longer-term impact of COVID-19 on their operations, research commissioned by commercial data and analytics provider Dun...

Shield Adds Additional Layers to Further Enhance its Compliance Platform

Specialist RegTech provider Shield today announces the addition of further security layers which ensure its complete communications compliance lifecycle...

Aire eyes international expansion into US credit market with senior commercial hire

Aire, the pioneering data and technology company, today announced its plans to expand into the US market as it looks to hire a new Senior Commercial Executive,...

Together lowers rates and increases LTVs on its refreshed second charge range

Together has cut rates on its second charge products to help more borrowers who may have been “locked out” by mainstream lenders. The specialist lender’s...

A third of UK households to move home as COVID-19 set to change where Britons live

Millions of us are set to move home permanently, as a consequence of the pandemic, citing remote working as the facilitator and quality of life as the...

PCI Pal Appoints Mufti Monim as New CTO

PCI Pal, the global cloud provider of secure payment solutions for business communications, today announced the appointment of Mufti Monim as Chief Technology...

Air Group launch ‘Criteria Clinics’ with Knowledge Bank

Air Group, the leading later life services platform, has today launched a series of new ‘Criteria Clinics’ in conjunction with criteria search provider,...

OMS in primary tech provider agreement with LDNfinance

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by LDNfinance as its primary tech...

Atradius country report shows modest rebound forecast in Russia

A trading report from leading trade credit insurer Atradius reveals Russia is forecast to see a modest rebound in economic growth this year. The Russia Country...

Register to vote ahead of local elections to boost your credit score

With local elections coming up on 6 May 2021, Experian is highlighting the financial benefits of registering on the electoral roll. Typically, appearing on the...

Comment: “Wholesale shift to digital solutions needed” to prevent £200m of property fraud

Following the publication of a report by the Solicitors Regulation Authority board which says suspicious activity worth £200m was reported to NCA last year,...

Second charge mortgage new business volumes fell by 34% in February 2021

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

Experian launches loans from non-profit community lenders

Experian is offering customers access to not-for-profit community lenders, such as credit unions and community development finance institutions (CDFIs),...

Impact Specialist Finance offering 85% LTV exclusives via Pepper Money

Impact Specialist Finance are delighted to announce that they have been provided access to exclusive 85% LTV mortgages from Pepper Money, on its Pepper 24 and...

Consumers no longer believe passwords are the most secure method for authentication

As more consumers engage with businesses digitally to bank, shop or pay, online security remains the top concern. Survey insights from Experian’s annual...

UK Banks Struggled with COVID-19 Fraud and Money Laundering Surge

As cases of fraud and money laundering rose during the pandemic last year, banks in the UK faced unforeseen challenges. In a new study by global analytics...

Evolution Money launches second-charge mortgage Tracker

Evolution Money, the second-charge lending specialist, has today launched a quarterly tracker of its data, designed to outline borrower types, average mortgage...

COVID-19 and Brexit Disruption the Biggest Concerns for Supply Chain Professionals in 2021

For supply chain and procurement professionals, the coronavirus pandemic and Brexit caused unprecedented disruption to global supply chains. Organisations’...

Bounce Back Loan fraud fears lower than previously anticipated

Bounce Back Loan Scheme (BBLS) fraud, where companies apply for multiple government-backed loans to exceed lending caps, could be far lower than anticipated...

CEO Comment: COVID-19 Recovery Loan Scheme essential for SMEs

Today marks the start of the applications for the new government-backed Covid-19 recovery loan scheme in the UK which comes as England sets to reopen large...

Financial Conditions Index points to continued improvement in UK economic outlook but caution is critical

Today the RSM Financial Conditions Index continued to improve, and with it a trajectory that steepened marginally, reflecting a wider more optimistic mood...

Pandemic May Be Narrowing Gap Between Digital Challengers and High Street Banks

New research from global insights and information company TransUnion suggests an increased intention among UK consumers to engage with online-only banks or...

Comment: Lack of visibility into cyber threats made worse by UK’s current cyber hygiene

“That almost half (42%) of managers from financial institutions and law firms lack visibility into cyber threats is no surprise given the major dispersed and...

Fintern has appointed EY Partner, Dr. Mark London, as Chief Risk Officer

Prior to joining Fintern, Mark was a Partner at EY, where he specialised in Credit Analytics and led EY’s Quantitative Advisory Services team of 200...

Time for “words to become actions” in AML

Following the head of the Financial Action Task Force claiming businesses need to change from ticking boxes for compliance’s sake, to risk-based compliance,...

Fleet Mortgages cuts rates and offers pay-rate rental calculation on all five-year products

Fleet Mortgages, the buy-to-let specialist lender, has today announced a range of price cuts on a selection of two- and five-year fixed-rates and removed all...

DWP: One in ten had no savings when pandemic hit, and half had £1,500 or less

At the start of the pandemic, 11% of households had no savings at all. This rose to 31% among lone parents. Half of families (and 84% of lone parents) had less...

New lending division announced by Aryza

Aryza, expert developers of flexible financial software for the insolvency, lending, debt and recovery sectors, has today announced the launch of the Aryza...

New Partnership between 4most and IE Hub to Support Millions of Vulnerable People Facing Financial Difficulties Amidst Pandemic

Leading risk analytics consultancy, 4most, has announced its investment and partnership with innovative fintech, IE Hub, as part of a strategic drive to better...

Curve and Equifax UK partner to deliver consumer credit solution to Curve Credit

Equifax UK, the business and consumer insights expert, has signed an exclusive agreement with UK consumer fintech and payment card app Curve to deliver...

Official figures obscure how property affordability plummeted in the pandemic

Official figures show that in 2020, homes in England cost on average 7.8 times earnings – the same as a year earlier. In Wales the figure was 5.9 – up very...

Shield Awarded A-Team Innovation Awards 2021

Specialist RegTech provider Shield today proudly announces it has won the ‘Most innovative unstructured data management project’ category in the A-Team...

Previously low rated organizational risks move higher up the corporate agenda

The BCI releases the 2021 BCI Horizon Scan Report, sponsored by BSI. Throughout the years, this report continues to demonstrate its value to business...

Organised crime biggest compliance fear facing firms

Organised crime is the biggest compliance-related fear facing firms, but almost half of organisations do not have a fully integrated client monitoring solution...

Cifas coronavirus scam update – HMRC phone calls, Pfizer survey and census phishing

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

Vulnerability can only be addressed through better engagement and by giving those who are vulnerable a voice

This was the conclusion of a recent industry event, attended by 185 people from credit organisations, collections companies, debt charities and in regulatory...

One year on and there is little to hold the market back – Comment

Following the HMRC property transaction figures today, Richard Pike, Phoebus Software sales and marketing director, says “As was expected the figures for...

Euler Hermes strengthens its asset management activity

Euler Hermes announces key organisational changes to its Transactional Cover Unit (TCU) and Investment Solutions teams. With new leadership at the helm of each...

One-stop partnership alerts financial service providers to bereaved and vulnerable consumers

Vulnerable consumers dealing with the death of a loved one will receive speedier and fairer treatment from financial service providers following a new...

BofE interest rates reaction

In line with the BoE’s announcement that interest rates are on hold at 0.1%, Markus Kuger, Chief Economist, Dun & Bradstreet said: “Continued...

Comment: NatWest case pertinent reminder that businesses need to take money laundering seriously

Commenting on the news that NatWest faces a criminal case over money laundering, John Dobson, CEO at anti-money laundering experts SmartSearch said: “What is...

FCA launches proceedings against NatWest over alleged money laundering – Comment

The FCA has begun criminal proceedings against the taxpayer-owned lender NatWest for allegedly failing to prevent money laundering, the first prosecution...

ONS spending data: lower earners had a harder battle right from the start of the pandemic

In the year to April 2020, average weekly household spending fell slightly to £587.90. Households in the highest income bracket spent four times as much as...

Comment: Push for digital ID crucial to fight fraud

Following the launch of the HM Land Registry Digital ID Standard, Martin Cheek, MD of SmartSearch said: “This is a really positive step in terms of the...

Second charge mortgage new business volumes fell by 40% in January 2021

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

The COVID Effect: Dun & Bradstreet Research Reveals Half of Small Businesses Surveyed Are Finding It Difficult To Plan For The Future

For UK small business owners, the dual impact of Brexit and a global pandemic resulted in a challenging 2020 and an uncertain outlook for 2021. Recent research...

Buckinghamshire Building Society added to Paradigm lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today added Buckinghamshire Building Society to its lender panel. From today, Paradigm...

Landbay launches market-leading five-year fix

Landbay, Europe’s fastest-growing buy-to-let lender, today launches the UK’s lowest five-year fixed rate buy-to-let mortgage. The new rate is just 2.99%...

TransUnion Donates Laptops to Local Schools in Need

TransUnion, a global insights and information company and one of the UK’s leading credit reference agencies, has donated laptops to a number of schools local...

Three quarters of Brits do not trust online checks when buying a property

Despite heavy Covid restrictions forcing a lot of sectors to trade virtually, estate agents in the UK have been able to safely conduct in-person house...

Estate agents: buyers released from ‘wait and see’ limbo are set for spring surge

The RICS Residential Market Survey for February is out today. Sarah Coles, personal finance analyst, Hargreaves Lansdown said: “Homebuyers have been released...

Allica Bank announces strong first year of lending

Allica Bank has published figures to show it has supported SMEs across the UK with £71m of completed loans and a further c.£120m of committed lending offers...

New data-driven technology company set to transform the way organisations prevent and reduce debt

Driven by a vision to enable organisations to better understand and support their customers, Connected Data is an innovative new company that will transform an...

Global economic recovery reliant on vaccination rollout and fiscal support

The global economy is forecast to recover almost fully from the pandemic-driven recession but there are major divergences in the pace of recovery across the...

Cifas responds to TSB’s fraud figures

Responding to the release of TSB’s figures on fraud during the pandemic, Mike Haley, Chief Executive at Cifas, the UK’s leading fraud prevention service,...

‘Buyers Urged to Question Finance and Commission Rates’

This was the headline on a consumer website recently. Another suggested that from January 28th consumers could save a typical £1,100 on their car finance....

West One second charge – Return of 85% LTV lending

A series of major enhancements has been made to West One’s second charge mortgage range including the return of 85% loan-to-value for prime borrowers....

Financial Conditions Index points to improving UK economic prospects says RSM

Today RSM’s Financial Conditions Index signals business optimism as it turned positive for the first time since the global pandemic started in March 2020....

R3 responds to the Budget

Colin Haig, President of insolvency and restructuring trade body R3 and Head of Restructuring at Azets, responds to the Chancellor’s Budget statement: “The...

FLA response to the Budget

Commenting on the Budget, Stephen Haddrill, Director General of the FLA, said: “As lockdown restrictions begin to ease, there is a real need to instil...

“Budget measures have primed UK economy for a positive, if phased, reopening.”

Following the Chancellor’s Budget announcement today, Alan Thomas, UK CEO, Simply Business, said: “At Simply Business, we welcome the lifeline for...

Budget 2021 – Conveyancing Association comment on stamp duty extension

Commenting on Nudget 2021, Paul Smee, Non-Executive Chair of the Conveyancing Association, said: “The Chancellor has recognised the economic boost which an...

Budget comment: Extension to furlough crucial for housing market

Following Rishi Sunak’s latest budget, John Phillips, national operations director, Just Mortgages and Spicerhaart said: “The extension to the furlough...

Relief for 5 million on furlough, and 3 million self-employed people – but not everyone will get help

4.7 million people were furloughed at the end of January. The furlough scheme has been extended to September. It will be tapered from July. The third...

Morses Club plc partners with LendingMetrics

LendingMetrics, the company behind the intelligent decisioning platform ADP and OpenBankVision, is delighted to announce that it has been appointed by the Home...

Cifas weekly coronavirus scam update – The Money Advice Service scam, fake Just Eat gift card and vaccine phishing

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

New data reveals which businesses received GDPR fines during lockdown

A new study reveals how many businesses in the UK have been caught breaching GDPR regulations whilst working from home1. Data obtained through a Freedom of...

New Loan Scheme Must Have Tighter Fraud Prevention

It is anticipated that tomorrow’s Budget will see the announcement of a new business loan scheme. Matthew Cox, Managing Director EMEA, Fraud, Security &...

Atradius reveals the most promising emerging markets for 2021

The most promising emerging markets in international trade have been revealed by economists at leading trade credit insurer Atradius. Chile, Egypt, Senegal,...

37.5% of credit customer data rendered obsolete

The global pandemic has accelerated the UK’s data decay by an estimated 0.5 per cent per month according to a new study by data specialists, The Software...

Knowledge Bank adds new categories to meet demand around cladding

Knowledge Bank, the UK’s largest mortgage criteria search system, has launched new criteria categories including one to support brokers to find lenders who...

It’s a fine line, as always – Comment on the Bank of England Money and Credit figures for January from Richard Pike at Phoebus Software

Following the figures from the BoE this morning, Richard Pike, Phoebus Software sales and marketing director, says “The figures from the Bank of England...

Bank of England Mortgage Approvals Exceed Expectation Again

Covering the latest mortgage approval figures from the Bank of England, Group CEO of Enness Global Mortgages, Islay Robinson, commented: “These latest...

Hodge Goes Live With EQ’s Digital Mortgage Platform

EQ Credit Services (EQCS), the UK’s leading consumer credit technology and outsourced services provider, has announced the ‘Go Live’ of its mortgage...

The Money Stats – February 2021 – Significant Budget For Post-Pandemic Financial Recovery Plan

Ongoing falls in employment and the economy show the challenge ahead for the UK’s post-pandemic financial recovery, meaning all eyes turn to next week’s...

Knowledge Bank and Iress team up to provide ground-breaking integrated product and criteria search

Knowledge Bank and Iress have collaborated to provide the UK’s very first, fully-integrated product and criteria sourcing system. Through a single search,...

NewDay Launches Credit Building Feature Aqua Coach, with Tools and Insights from TransUnion

Consumer credit provider NewDay has launched Aqua Coach, which uses credit information from TransUnion to help its Aqua customers learn how to build their...

Stamp Duty extension delaying inevitable cliff edge, lawyers say

Reports that the Stamp Duty Land Tax (SDLT) holiday might be extended next week will still leave the housing market on a cliff edge if paperwork deadlines are...

Stamp duty extension is a head in the sand approach to prolong the inevitable – industry reacts to deadline extension

Following the news of a stamp duty holiday extension, Matthew Cooper, Founder & Managing Director of Yes Homebuyers, commented: “You have to question the...

FSB Scotland on Lockdown Roadmap

Scotland’s full stay-at-home lockdown will continue until at least 5 April, the First Minister has announced. Responding to the statement, Andrew McRae, the...

Together lowers its two and five-year fixed mortgage rates

Together has cut rates on its mortgage products to help more borrowers struggling to get finance from mainstream lenders. The specialist finance group’s new...

United Trust Bank Increases the Maximum LTV on Bridging Loans to 70%

United Trust Bank (UTB) has increased the maximum LTV available across their entire suite of regulated and non-regulated bridging loans to 70%. This includes...

Cifas weekly coronavirus scam update – fake vaccines, phishing job adverts and tax rebates

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

Comments – Government roadmap to lockdown

As the UK Government announces the UK’s roadmap to exit lockdown and begin economic recovery this year, Tim Vine, Head of Finance & Risk Solutions at Dun...

Average Buy-to-Let portfolio value up £39k year on year despite 8% drop in landlord numbers

t’s been a relatively rough ride of late for buy-to-let landlords, with a three per cent increase in stamp duty tax coupled with a reduction in mortgage...

Paypoint helps businesses tackle PCI compliance hurdles

Digital payments expert PayPoint, is urging businesses to overcome the financial challenges of achieving PCI compliance by embracing its platform, MultiPay. A...

‘Non-essential’ stores are essential. Retail sales collapsed -8.2% in January.

Figures released today by the Office for National Statistics (ONS) highlight the ongoing devastation lockdown is having on the High Street. The value of UK...

TransUnion UK Signs Up to Race at Work Charter

TransUnion is proud to have signed the Race at Work Charter, created by Business in the Community (BITC) in partnership with the UK government in 2018 to...

Shield Demonstrates the Highest Levels of Trust and Security with SOC 2 Accreditation

Specialist RegTech provider Shield today announced it has been awarded Service Organization Controls (SOC 2) certification following an extensive audit by...

Greece’s Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution

Eurobank, one of the four Greek systemic banks, has responded to new European regulations by broadening its use of FICO compliance solutions to cover all...

Foundation Home Loans launches ‘Green Reward’ remortgage for landlords

Foundation Home Loans, the intermediary-only specialist lender, has today launched a new ‘Green Reward’ remortgage for landlords. The five-year fixed-rate...

Helsinki aims to use personal data on behalf of the citizens – on citizens’ terms

Helsinki wants to be the top city in the world in utilising digitalisation. In the process, Helsinki is creating timely and personal digital services together...

Comment from Economist: UK suffers record financial slump

Following the news that the UK economy suffered a record annual slump in 2020, Markus Kuger, Chief Economist at Dun & Bradstreet, said: “Analysis from...

Aryza Announces Product to Automate Credit Limit Increases

Aryza, experts in the development of flexible financial software solutions, has announced enhanced functionality for its Debtsense customers. This will allow...

Second charge mortgage new business volumes fell by 26% in December 2020

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

FLA Members provided £113 billion of new business in 2020

New figures released today by the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance...

FICO UK Credit Market Report December 2020: Debt Pressures Growing

Global analytics software provider FICO today released its analysis of UK card trends for December 2020, which presents a mixed picture of UK consumer...

Equifax acquires Open Banking and transaction data analytics company AccountScore

A subsidiary of Equifax Inc. (NYSE: EFX) (‘Equifax’) has acquired transaction data analytics company AccountScore Holdings Limited (‘AccountScore’) to...

Foundation Home Loans introduces new residential products at 85% LTV and cuts selected 80% LTV rates

Foundation Home Loans, the intermediary-only specialist lender, has today cut rates on many of its 80% LTV residential products and introduced two new 85% LTV...

Cerebreon Signs up to the Vulnerability Registration Service

Cerebreon, a leading data insights platform in the insolvency tech market, has joined the Vulnerability Registration Service as a member to enhance their...

SmartSearch reveals strongest financial results from 2020

SmartSearch, the UK’s leading anti-money laundering (AML) solution provider, has revealed 2020 was the most successful year in the company’s history, with...

PurplePatch renews its FSQS stage 2 supplier accreditation for the financial sector

Credit information consultancy, PurplePatch, has successfully completed the renewal of the meticulous Hellios FSQS stage 2 qualification process, a benchmark...

Cifas weekly coronavirus scam update – vaccine selfies, oversharing on social media and nuisance calls

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

The Moving Hub launches biometric facial ID checks

The Moving Hub, the leading conveyancing platform and case management system, has launched biometric facial ID checks alongside its standard anti-money...

Chief Economist’s reaction to BofE monetary policy committee announcement

In line with the BoE’s Monetary Policy Committee announcement, Markus Kuger, Chief Economist at Dun & Bradstreet, said: “It’s been widely anticipated...

What role can a bank in London play in protecting a herd of elephants in Botswana’s Okavango Delta?

What role can a bank in London play in protecting a herd of elephants in Botswana’s Okavango Delta? While the connection may seem tenuous, the tools banks...

9 out of 10 startups fail, Finnish fintech secures EUR 1.5 million to fix this

Calqulate, an automated financial analytics and knowledge base for startups and growth companies, has raised €1,5 million from American and European...

Q1 2021 Industry Outlook Survey Results

The Q1 2021 Industry Outlook Survey results released today by the Finance & Leasing Association (FLA) shows that the asset finance, consumer finance and...

Experian launches new anti-fraud platform for digitally accelerated world

Experian today launches the newest version of its fraud prevention platform to help businesses dealing with the rapid surge in demand for digital services and...

The SM&CR – Are You Ready for March 31st?

January 28th – FCA Regulations – deadline for implementing required changes. March 31st – Senior Managers and Certification Regime (SM&CR)...

ONS Fraud Statistics Reveal Soaring Levels of Digital Fraud

Following this morning’s ONS announcement, Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK said: “The latest ONS fraud statistics...

Comment: Banks must do more to stop rise in fraudulent impersonators

New research from Barclays shows that impersonation scams are on the rise, in which fraudsters pretend to be the bank via email or message. Banks must do more...

Zephyr Homeloans reduces initial rates and introduces 1% product fee option across entire product range

Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced initial rates and introduced a 1% product fee option across its...

80% of banking & FS staff experienced challenges WFH

Surprisingly, senior executives aged 55+ have fared better than millennial leaders (aged under 35) during the global pandemic. ABBYY’s COVID-19 Technology...

Decimal Factor opt for autodecisioning

Business funding specialist Decimal Factor has chosen to use LendingMetrics’ Auto Decision Platform (ADP) for its assisted decisioning to orchestrate credit...

New guidance published to help combat money launderers

Law firms are being urged to check that they are up-to-date with all the latest developments and legislation regarding money laundering by reading two new...

Comment: Market will thrive with or without stamp duty extension

Following the debate in parliament yesterday on an extension to the stamp duty holiday, John Phillips, national operations director, Just Mortgages and...

Experian gives Monzo Bank customers a boost

Monzo Bank customers can now connect their bank accounts to Experian Boost, giving them the ability to increase their Experian Credit Score instantly for free....

Biggest recession bounce backs in property price since the last market crash

Despite fears of a property market crash due to Covid, house prices are at an all-time high and the latest research by property developer, StripeHomes, has...

TransUnion UK Continues to Support Save the Children as its 2021 Charity Partner

Building on the successful partnership established last year, TransUnion has announced it will continue to support Save the Children as its 2021 charity...

Brits look to cut interest rates on debt

A growing proportion of UK consumers are taking control of their finances by seeking financial products for debt consolidation, according to the latest...

National lockdown fails to dent small business growth plans

Remarkably, UK small business growth forecasts remain unchanged on the previous two quarters, despite the UK starting 2021 in an unprecedented third national...

PCI Pal encourages organisations to consider adopting a company culture of security and compliance on Data Protection Day 2021

For Data Protection Day 2021, PCI Pal®, the global provider of cloud-based secure payment solutions, is today encouraging organisations to implement a culture...

Comment from Senior Privacy and Compliance Attorney: Data Privacy Day

Data Privacy Day serves as a reminder of the issues surrounding data processing and increased regulation like the GDPR. Due to the Covid-19 pandemic, the way...

Conveyancing Association announce Terrafirma as latest Affiliate member

Terrafirma, a leading provider of ground risk assessment, has today become the latest firm to join the Conveyancing Association, the leading trade body for the...

Equity Release Council market statistics – comment

Stuart Wilson, CEO of Air Group on today’s Equity Release Council statistics: “Given the nature of 2020 and the upheaval that everyone had to deal with,...

Foundation Home Loans cuts rate on five-year BTL fix

Foundation Home Loans, the intermediary-only specialist lender, has today cut the rate on its five-year buy-to-let fixed rate mortgage at 75% LTV. The...

Dealer Finance’s Future is Increasingly Likely to Centre on Risk Based Pricing

With the new Financial Conduct Authority (FCA) rules now in place, MotoNovo Finance CEO Mark Standish is clear that the evolution of pricing models will...

Landbay enhances product range and lowers rates

Landbay, one of the UK’s leading buy-to-let lenders, has today enhanced its entire range reducing rates on all products. It has also launched a new range of...

The Mortgage Lender launches new residential range

The Mortgage Lender has returned to specialist residential lending with purchase and remortgage products for employed, self-employed, contract workers, retired...

FSB on Scottish jobs figures

New official jobs figures show Scotland’s employment rate increasing between September and November and the country’s unemployment rate falling slightly...

Barclaycard increasing minimum payments will be a shock – CEO Steve Wiley comments

Steve Wiley, CEO, Monva comments on Barclaycard Increasing minimum payments: “The changes this week from Barclaycard to increase their minimum payments may...

Comment: Banks claw back fraudulent COVID loans – but they must get it right

UK banks have begun freezing accounts to claw back fraudulently acquired Bounce Back loans. Organised criminals and opportunistic business owners have been...

United Trust Bank launches ‘Fast-Track’ Bridging Service

United Trust Bank (UTB) has launched a ‘Fast-Track’ service for bridging applications. This new service was soft launched in Q4 2020 and the feedback has...

SmartSearch unveils Ultimate Beneficial Owner (UBO) service to cut through corporate fog

Leading anti-money laundering (AML) firm SmartSearch, has launched a new service to help businesses identify the ultimate beneficial owner (UBO) of large...

Property market provides major boost to credit providers

Over 1.5 million UK households are currently wanting to move, moving soon, moving now, just moved or are settling in to their new home according to the latest...

Comment: Despite record December impact of stamp duty holiday “overestimated”

Following the latest HMRC housing transaction stats which showed 137,000 property transactions – the highest of any December in the last ten years, John...

Hope Capital comment on HMRC property transaction

Commenting on the UK monthly property transactions figures, Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “Traditionally December...

Credit market regaining strength but limits still sliding

The UK credit card market is showing signs of recovery, with new accounts up by 16% month-on-month in November, and by 162% since the May 2020 low, according...

Air Group comments on latest Key Market Monitor

Stuart Wilson, Chief Executive Officer of Air Group, comments on the latest Key Market Monitor: “The year clearly ended strongly for the equity release...

Comment: “Consumer appetite to buy both houses and goods is incredibly strong”

Following the latest ONS house price index report which found UK average house prices increased by 7.6% over the year – the highest annual growth since...

70% of UK finance firms suffered cyber-attacks in 2020 – why, and how can things improve?

With 70% of UK financial firms suffering from cyber-attacks in 2020, Stephen Bradford, SVP EMEA at SailPoint, comments: “That 70% of the UK’s finance...

finleap connect partners with SIA to deliver new open banking services in Europe

finleap connect, the full-stack open banking platform of Europe’s leading fintech ecosystem finleap, has signed a strategic partnership agreement with SIA, a...

Motor Finance – Pricing Discretion & Lender Choice

As motor retailer race towards January 28th and the Financial Conduct Authority (FCA) ban on discretionary commission, questions continue to surface Notable...

TransUnion Strengthens UK Board With Two Non-Executive Directors, Including New Chair

Global information and insights provider TransUnion has appointed two non-executive directors (NEDs) to its UK board, demonstrating its commitment to strong...

We’ve now left the EU, but have you read the small print?

Leading UK anti-money laundering (AML) firm SmartSearch is warning businesses against ignoring European Union money laundering directives, following the UK’s...

Atradius report hails diversification as key to MENA’s future growth

Diversification is pivotal to long-term economic recovery in the Middle East and North Africa, economists from trade credit insurer Atradius report. The...

Conister reports record lending

Conister Finance & Leasing Limited (“Conister”), part of Manx Financial Group PLC (AIM:MFX), today announces that it achieved record lending levels in...

UK tenants keeping a long-term outlook on moving while Covid remains

Research by lettings and estate agent, Barrows and Forrester, has found that UK tenants are looking at the long-term picture while Covid remains a prominent...

Cifas weekly coronavirus scam update – DVLA phishing, Royal Mail delivery scams and impersonations of Cifas

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

West One Loans’ Buy-to-Let unveils 80% LTV in new range for 2021

West One Loans’ buy-to-let division continues its growth strategy for 2021 with new product launches aimed at broadening its product range and offering lower...

eKeeper launches Intermediary Manager for lenders, providers and networks

Today eKeeper launches its latest product “Intermediary Manager” to all financial institutions who manage relationships with intermediary and financial...

Fleet Mortgages’ Q4 Rental Barometer shows impact of rising house prices on yield

Fleet Mortgages, the buy-to-let specialist lender, has today launched the fourth iteration of its Buy-to-Let Rental Barometer covering Q4 2020 rental yields...

Knowledge Bank promotes Matthew Corker to operations director

Knowledge Bank, the UK’s largest mortgage criteria search system, has promoted Matthew Corker to the position of operations director. Knowledge Bank provides...

Second charge overhaul at West One

West One is starting 2021 with its biggest ever set of second charge changes including rate reductions and a major overhaul of processes and supporting...

Second charge mortgage new business volumes fell by 28% in November 2020

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

Consumer car finance new business volumes fell by 24% in November 2020

New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of...

Open Banking: the perfect pandemic tool

With COVID-19 related financial fallout set to dominate the credit landscape in 2021, Dan Weaver, Open Banking Expert at Equifax UK, believes Open Banking...

Looking ahead with fraud predictions for 2021

Predicting the future is an annual pursuit at FICO, and this year my 2021 fraud predictions for the European region reflect how some of the broad trends that...

Pandemic drives China’s decoupling from worldwide economies

The coronavirus pandemic is accelerating diversification of the supply chain away from China, reports the latest economic research by trade credit insurer...

Cifas weekly coronavirus scam update – fake vaccines, pension scams and PayPal phishing links

Cifas, the UK’s leading fraud prevention service, is highlighting the latest coronavirus scams from the past week, and warning the public to stay vigilant of...

Countrywide Surveying Services appoints Director of Risk and Compliance

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, residential valuations and surveys in the UK, has...

MagiClick enters the UK market with the acquisition of financial services specialist Dock9

MagiClick, a leading provider of digital technology and design capabilities with a strong presence across Turkey and the MENA region, announces its acquisition...

2020 ends with record high house price growth – reaction to the latest Halifax House Price Index

Following today’s house price figures from Halifax, Director of Benham and Reeves, Marc von Grundherr, commented: “The latest figures from Halifax are the...

Fleet Mortgages cut prices on five-year fixes

Fleet Mortgages, the buy-to-let specialist lender, has today announced a range of price cuts across its five-year fixed-rate mortgage range. The five-year...

Foundation Home Loans relaunches entire product range with rate reductions

Foundation Home Loans, the intermediary-only specialist lender, has today announced a refresh of its entire range of specialist buy-to-let and residential...

Self-employed and defaults among the most searched terms by brokers

New research from criteria search specialist Knowledge Bank in December shows a shake up in the mortgage market as lenders, mortgage brokers and clients look...

Yapi Kredi Will Use FICO Platform for Asset Governance and Regulatory Compliance

Analytics software firm FICO today announced that Yapi Kredi, one of the largest private banks in Turkey, will use FICO® Decision Central™ to manage...

eKeeper launches new relationship management CRM system for lenders with The Cambridge Building Society

eKeeper has launched a new customer relationship management (CRM) system for lenders, named Intermediary Manager. eKeeper’s new CRM system can also be used...

West One Loans BTL expands to support 2021 growth strategy

Specialist lender West One Loans is expanding its buy-to-let division with a number of senior hires and vacancies for a range of roles, as it rolls out its...

AML experts SmartSearch warn firms in property sector of increased threat of fraud in lockdown

Commenting on the latest lockdown measures, John Dobson, CEO at AML specialists SmartSearch, said: “Although in some ways it feels a lot like March 2020 all...

Comment: Government offers firms new grants to survive lockdown

Following this morning’s news that the “Government offers firms new grants to survive lockdown”, Scott Donnelly, CEO of CapitalBox said: “Due to the...

Hope Capital comments on Bank of England Money and Credit November stats

In response to this morning’s Bank of England Money and Credit stats, Jonathan Sealey, CEO of specialist short term lender Hope Capital, says record-breaking...

OGUK responds to Brexit deal outcome

The UK offshore oil and gas industry has welcomed the deal outcome between the EU and the UK as the EU (Future Relationship) bill is voted on in parliament...

Cifas warns consumers not to fall victim of ‘festive fraud’ following sharp rise in facility takeover scams

The latest statistics from Cifas, the UK’s leading fraud prevention organisation, show a worrying increase in the number of victims of facility takeover in...

UK Credit Market Report November 2020

Global analytics software provider FICO today released its analysis of UK card trends for November 2020, which reflects the mixed financial fortunes of UK...

UK Households Becoming More Optimistic About Their Financial Future, According to TransUnion

Research from global information and insights provider TransUnion tracking the financial impact of the ongoing COVID-19 pandemic showed consumer optimism...

Deal or no deal, don’t forget your data

Data firm warns “don’t get left behind” as survey results reveal 80% of workers don’t trust their data systems to cope with the uncertainty of Brexit....

Bitfinex Borrow Launches Bitcoin (BTC), Ethereum (ETH) Personal Loans

Bitfinex, a state-of-the-art digital token trading platform, has launched bitcoin (BTC) and Ethereum (ETH) personal loans on Bitfinex Borrow, a peer-to-peer...

Together increases maximum LTV across its mortgage range as house prices remain resilient

Specialist lender Together has raised the maximum loan-to-value to 70 per cent across its first and second charge mortgage products. The finance firm has also...

UK Credit Market Report October 2020 Shows £90 Billion of Unused Credit

Global analytics software provider FICO today released its analysis of UK card trends for October 2020, which may ring some alarm bells for lenders ahead of...

Fleet Mortgages announce number of criteria changes

Fleet Mortgages, the buy-to-let specialist lender, has today announced a number of criteria changes designed to provide greater flexibility to landlords. The...

UK Economic Recovery Behind Global Benchmark But Outlook Brightens After Vaccine Breakthrough

The pace of the UK’s economic recovery remained behind the global benchmark in November, according to the latest Lloyds Bank UK Recovery Tracker. However,...

NewDay Scores with TigerGraph Cloud to Fight Financial Fraud

TigerGraph, the only scalable graph database for the enterprise, today announced that NewDay, a leading specialist financial services provider and one of the...

Comment: Despite small GDP increase lenders should focus on increasing collections staff

Following the GDP figures this morning which showed an increase of just 0.4% on the month, Richard Pike, Sales & Marketing Director at Phoebus Software...

SmartSearch launches most robust KYB checks on the market

Leading UK anti-money laundering (AML) and ID verification firm SmartSearch is launching the most comprehensive business-owner verification solution on the...

Furlough and footprints flavour of the month – latest Knowledge Bank Tracker results reveal

New research from criteria search specialist Knowledge Bank in November shows the mortgage market is still changing at a rapid pace, as the pandemic continues...

Shield Joins Historic Israeli Tech Delegation at GITEX 2020 in Dubai to Present the Future of Financial Regulatory Technology Solutions

Specialist RegTech provider Shield today announced it is proud to be part of a historic Israeli delegation that will be the first to visit the GITEX Technology...

Lending Fraud Could Wreck Economy — Again

Much has changed in the U.S. financial system since the most recent financial crisis. But one thing hasn’t changed, according to a new study from a financial...

Experian data shows strong demand for credit in lockdown 2.0 as consumer eligibility rises

Rising numbers of UK consumers are avoiding unnecessarily risking their credit score by checking their eligibility, as demand for credit grew in the second...

Second charge mortgage new business volumes fell by 35% in October 2020

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

Landbay increases buy-to-let LTVs to 80%

Landbay, one of the UK’s leading buy-to-let lenders, has today increased its loan to value (LTV) from 75% to 80% with the launch of two new buy-to-let...

Covid-19 taking financial toll on young adults and parents

Economic upheaval is putting a disproportionate strain on young adults and parents in the UK, according to the latest European Consumer Payment Report. The...

Comment: Brexit will open window of opportunity for business scammers

Following Barclays issuing a warning to businesses over scams ahead of the Brexit transition, John Dobson, CEO of anti-fraud firm, SmartSearch said: “The...

Foundation Home Loans launch new buy-to-let and residential remortgage product ranges

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of new remortgage products across both its buy-to-let and...

The twelve frauds of Christmas

The festive season is rife with fraudsters ready to take advantage of you. This year, more than ever, people are looking forward to Christmas as a result of a...

West One Loans rebrands and relaunches its proposition

West One Loans today reveals its new brand and proposition. The institutionally funded lender, which previously distributed through a limited network of key...

West One enhances second charge products to support the ‘Bank of Mum and Dad’

West One has today launched an initiative to support the Bank of Mum and Dad via their second charge mortgage range. Rates will start from 3.99% at LTV’s up...

ndgit and WebID partner for building digital financial ecosystems

ndgit, Europe’s leading provider for open finance platforms for banks and insurance companies, has gained WebID, a pioneer in online identification, as a...

New Global Index Defines What Makes Digital Economies More Trusted and Resilient

Fletcher, The Graduate School of Global Affairs at Tufts University, in partnership with Mastercard, today unveiled the Digital Intelligence Index, which...

Hope Capital comment on Bank of England money and credit statistics

Commenting on the Bank of England Money and Credit figures, Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “While it’s a good sign...

Surpassing the previous height – Comment on the BoE money and credit figures for October

Following the BoE money and credit figures this morning, Richard Pike, sales and marketing director at Phoebus Software, says “Whilst it is no surprise that...

Applications back to pre-lockdown levels, but overall completion ratio is down – MCI Club

Latest analysis of mortgage activity from the MCI Club has shown a significant drop in completions, with only 22% of purchases completing in July, August, and...

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...