Experian’s Director of Banking Consultancy, Andrew Oldham, discusses his views on the changes occurring within the sector as a result of the Covid-19 pandemic. Andrew covers the challenges and...
Across the UK, banks are developing financial crime transformation programmes that strategically monitor their commercial portfolios in new ways. There’s a genuine intent to actively manage...
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...
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...
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...
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...
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...
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,...
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...
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...
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,...
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...