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
So here we are again, a year has rolled speedily by and by now you will know if you are one of the 98 companies shortlisted for the 19th Credit Awards. Laurence Hamilton, UK third party collections managing director, at Lowell wishes all Credit Awards finalists the best of luck
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 discuss how they are addressing their critics
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
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
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