The Financial Conduct Authority (FCA) has started criminal proceedings against NatWest over alleged offences around money laundering regulations (MLR), which relate to £365m of payments
Home credit provider Provident Financial has today revealed that the Financial Conduct Authority (FCA) is investigating the “affordability and sustainability” of lending practices in its consumer credit division
Bad debt losses in retail banking have surged for Barclays UK during 2020, according to a full-year results update that also shows £1.7bn was made from the disposal of its motor finance business
TSB has posted a statutory pre-tax loss of £204.6m for 2020, compared with a £46m profit the year before, in a results update that admits its performance was “significantly impacted by the Covid-19 pandemic"
Once breathing space takes effect it should be used selectively and not just as a tool for delay, writes Deborah Ware, chief operating officer at Financial Wellness Group - the debt solutions provider
Tracey Newton of Yorkshire Building Society discusses innovating a reward strategy to serve nearly 4,000 people, whatever stage of their life or career they are in
Once breathing space takes effect it should be used selectively and not just as a tool for delay, writes Deborah Ware, chief operating officer at Financial Wellness Group - the debt solutions provider
A campaign led by Experian has reduced the number of credit invisibles in the UK by more than 600,000. New data sources will continue to be instrumental in reducing this total further, explains Jonathan Westley
José Luiz Rossi, managing director for Experian UK and Ireland, describes to Marcel Le Gouais the experience of running a business with over 3,500 staff through a once-in-a century event
In 2019, the retail banking and wealth management team at HSBC took the Consumer Credit Team of the Year trophy. Their entry, shown here, showcased how they deployed Open Banking, slashed delinquency rates and improved analytics
With just weeks left before a potential disorderly exit from the EU, Credit Strategy highlights why credit professionals should be aware of consumers’ inability to absorb a shock and why younger customers could be most at risk
Debt charity Christians Against Poverty undertook an in-depth review of vulnerability and its many forms in its Stacked Against report. At the Credit Summit, director of external affairs Dawn Stobart and social policy manager Rachel Gregory outlined their findings. Here are some highlights
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