Webinars hosted by Credit Strategy, supported by TransUnion (formerly Callcredit), revealed how lenders in car finance and the banking and alternative lending sectors use technology to remove friction from the sales process
Members of the banking & alternative lending, retail, utilities & telecoms and car finance sectors still have the opportunity to contribute to major Credit Strategy research as analysis of findings is set to begin
The UK regulatory community needs to contribute to new standards for data ethics, according to a speech from Charles Randell, chair of the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR)
Credit Strategy is encouraging creditors to take part in research looking at the use of automation across utilities and telecoms, banking and alternative lending, retail finance and car finance. Participants will discover progress on the use of AI and machine learning - and enter into a luxury prize draw
→ Standing their ground: Amid increased scrutiny from both MPs and regulators, BrightHouse is a lender very much under the microscope. Chief executive Hamish Paton and chief risk officer David Poole sat down with Calum Fuller to discuss how they are addressing their critics.
→ Migration issue: TSB learns some hard IT lessons
→ High cost credit: FCA strides into social policy
While the inclusion of rental data in calculating credit scores frequently improves consumers’ outcomes, gaining access to that data and assuring its quality are areas of concern, says Equifax’s European head of product for credit and risk, Laura Hales
At the Credit Summit in 2014 Martin Wheatley, the FCA’s “shoot first, ask questions later” boss at the time, told delegates that unsecured debt in the UK had reached £158bn. Just four years later it now stands at £205bn
A webinar exploring findings from a major survey of car finance providers, that reveals their views on: technology’s role in providing a frictionless customer journey, the role data plays in making lending decisions, areas of regulatory focus
A webinar exploring findings from a major survey of banks, building societies and alternative lenders, that unearths their views on: Automation, affordability and AI, frictionless customer journeys and Open Banking, areas of regulatory focus
creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace.
@ Copyright Shard Media Group