June spotlight: helping you adapt, survive and thrive
A focus on collections Each month, we analyse how things are continuously changing, or have changed; through our data, and through ongoing industry research. Clearly, trends are changing fast, but...
What opportunity does Open Banking present to the public sector?
Working for a Credit Reference Agency as a specialist in the Public Sector a key question I often receive from my clients is: Can we obtain actual income and expenditure data, for the following...
How Experian solved the Big Data problem of Open Banking…
Today’s digital, data-fuelled economy means many businesses are struggling to extract the right level of insight to inform their operations and decision-making strategies. At the same time, the UK...
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...
Navigating the components of Open Banking
Open Banking will bring new challenges for lenders – their technology and IT infrastructure. Banks that are mandated to share data are carrying the cost of bringing Open Banking to market. But,...
How can technology play a part in digital mortgages?
We live in a technology enabled generation where customers take for granted that access to almost anything is available on your mobile phone. UK mortgage lenders operate in a process driven market...
The PSR make recommendations to better protect against bank transfer…
Fraud is a continuing problem. We hear about it in multiple shapes and forms. Bank transfer, or push payment scams, are the second biggest type of payment fraud reported by UK Finance. This is in...
Protect your bank and your customers – why candidate checking…
No matter what size your business is, candidate vetting is important. Checking can help minimise your risk by applying thorough and compliant checks on all your prospective candidates. But equally,...
Financial management: 6 examples of how Open Banking will help…
Imagine a world where data is shared in an instant, including a customer’s bank statement. That world isn’t imaginative, it’s soon to be...
How business data can enhance commercial lending
When it comes to commercial lending, data quality and data quantity are important. With business data often limited in what’s...
How do you prepare for Open Banking? Here are 6…
Business models are shifting and new technical challenges lie ahead with the implementation of Open Banking. Open Banking will provide a much deeper understanding of your...