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11 Feb 2019
The two types of Open Banking providers: here’s what you need to know Since January 2018, Open Banking has been driving dramatic change across the financial world, revolutionising everything from payment solutions and budgeting tools to lending applications and credit evaluations. But what exactly do companies offering Open Banking do? Regulated p...
04 Jan 2019
The sharing of customer transactional data in the UK will undergo a significant change in September 2019, with legislation coming into effect due to end the decade old practice of screen scraping. In the past, screen scraping allowed third party companies to access financial transaction data by logging into digital portals on behalf of a financial
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19 Jun 2018
In wake of the Cambridge Analytica scandal, the real price of ‘free’ tech platforms has been exposed. Access often comes at the cost of handing over reams of your personal data. GDPR, data protection regulation that triggered the inbox-cluttering privacy emails in May, should help protect consumers by requiring companies make clear what personal
05 Jun 2018
On May 31st, the FCA published their much anticipated consultations on High-cost Credit (CP18/12) and on Overdrafts (CP18/13). Covering rent-to-own, catalogue credit, store cards, home-collected credit, bank overdrafts and other high-cost credit alternatives, the papers put forward a number of new measures designed to give customers greater co
25 Oct 2018 Reply Read article