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Today, consumers can easily apply for credit online through innovative credit solutions like buy now pay later (BNPL). But consumers need to know what they are signing up for and how much they event...
The FCA wants to see a higher quality of credit information and is taking steps to improve the sector. In light of this, the FCA recently published the long-awaited interim findings from its credit in...
Like all other businesses, fintechs are entering the planning and budgeting season at a time of high economic uncertainty. The difference is, all credit providers are being relied on to support cons
According to the Bank of England, consumer credit is at its highest rate since March 2019. With the cost of living crisis and now the run-up to Christmas, we're expecting to see more consumers look to...
During economic uncertainty, fintechs and all other credit providers face a very different landscape. The real risk of global and national recessions means that net interest margins are wafer-thin. Bu...
While the consumer price index measure of inflation hit 9.9% in the year to August 2022, marking a small fall, following a 40-year-high of 10.1% in July – it is still well above the Bank of England’s...
As we enter a downturn, credit providers are confronted by a landscape that looks and feels very different from before. The real risk of global and national recessions means that net interest margins
In 2022’s disrupted market, supply chain collaboration is more important than ever. However, the majority of Fintechs lack the tools, visibility and organisational structures to enable effective colla...
Credit and procurement teams are now facing a huge number of pressures when it comes to delivering the best customer service while cutting costs internally at the same time. The rising costs of utilit...
Cost savings for fintechs have always been important but in the current economic climate and in the wake of the COVID-19 pandemic, it has become increasingly important to save costs where possible. Fi...
The credit data landscape is more competitive than ever with fintechs leveraging innovations like Open Banking. Plus, new unsecured lending options like BNPL are even overtaking credit card use. But w...
According to an FCA survey, in 2020, 81% of UK adults had used a form of regulated credit within the last 12 months. As consumers move away from traditional, regulated forms of credit (like credit ca...