Making the right decisions is a vital part of being successful in business; whether interpreting analytics and insight, consumer and commercial credit risk or automation processes. Our in-house experts develop the tools to help you in your daily decision making and we share their knowledge and expertise right here, with you.
NEWS: Bank of England announces interest rates rise. What do…
On 2nd of August the Monetary Policy Committee (MPC), voted to increase interest rates to 0.75% – rising by 25bps, as per our forecasts. This makes interest rates the highest they have been in...
The open data opportunity for insurers
Outside of banking, many people’s knowledge of ‘Open Banking’ is quite sparse. I would define Open Banking as two things: The use of APIs to share bank statement data: everything a consumer...
Open data can now be categorised to bring value that…
“To extract value from open data, you need to categorise it. When you do, the results are...
Rethinking Affordability
One of the most important considerations facing us as an industry is how we manage responsible lending. Last year (2017), the Financial Conduct Authority (FCA) began consulting on proposed changes...
Most regulation focuses on the customers and regulations across markets…
As regulators focus on the customer it means different market regulations are becoming largely similar. It is creating a uniform set of standards – let’s look at how: The GDPR requires every data...
How data can help you get closer to your customers
It is unimaginable to build a digital strategy without ensuring your data is of quality, having a single customer view is also key. In this short video, Richard Howells, Director of Insurance,...
How Experian are accessing data to drive decisions
2018 is the year of data. The amount of data now available to make valuable and important decisions is huge. Experian provide a variety of powerful decisioning tools to enhance the to customer...
Experian recognised for raising Consumer Awareness in Credit
Recent research carried out by Experian found there is limited financial information available on more than four million people in Britain, meaning they may find it difficult to access financial...
2 minutes on why compliance IS a good thing for…
Some see compliance as a barrier. And this perceived ‘challenge’ of compliance – the need to treat customers fairly and always help, respect and protect their interests – can mean some are...
16 weeks after Open Banking was brought to market
Open Banking was born out of the Open Banking Standards (OBS) report published in December 2015. The subsequent Open Banking remedy issued by the Competition and Markets Authority (CMA) in 2016...
Don’t focus just on interest rates. There are many economic…
This time last year we were talking about the forthcoming squeeze on incomes. Inflation was comparatively low, and wage growth was quite strong. But, the latest economic data confirms that today...
Open Bank APIs bring UK banking to the forefront of…
The emergence of open banking APIs into the UK is a landmark event in our opinion. It puts the UK ahead of the world and enables better products, services and better practices to be created. From...