In its high-cost credit review findings, the Financial Conduct Authority recommended a major programme of collaboration between social landlords, ministers, councils and lenders. Among other remedies, it’s a first foray into social work, writes Marcel Le Gouais
→ 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
In its annual report on the market, the Credit Management and Debt Collection (CMDC) Index, OC&C Strategy Consultants charts different paths to growth for debt purchasers. NIGEL STIRK, partner at the consultancy, reports
Experts at Credit Strategy’s inaugural Mortgage Conference last month explained that customers are borrowing later in life and for longer. Brokers and lenders believe products for an ageing population need updating
Whilst Italy is gaining momentum as Europe’s most active non-performing loan market, the UK is coming close to shedding the last of its financial crisis debt. Credit Strategy takes a look at the most talked-up markets past and present
‘Market disruption’ typically describes technology changes that render old ways of working redundant. But in the collections sphere, it means much more. Reporting on advances in technology, Open Banking, data protection regulation and consolidation, Credit Strategy finds that firms’ willingness to embrace change is vital
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
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