Welcom Digital selected as a finalist in Credit and Collections Technology Awards
We are delighted to announce that Welcom Digital is a finalist, along with our client Quanta Law, in the Credit & Collections Technology Awards 2019, in the Finance Lending Solution category.
World FinTech Report 2019 - featuring Open Banking and Open X
Capgemini and Efma have published a paper called 'World FinTech Report 2019'. Its discusses how open banking will eventually transition in an Open X phase, in which standardised API's, insights from customer data and effective collaboration prevail.
FCA's Bailey remains front runner for BoE job despite testing few months
The chief executive of the Financial Conduct Authority Andrew Bailey continues to be the bookmakers' favourite to take over from Mark Carney as Bank of England Governor, despite recent scandals that may have harmed his chances.
Consumer finance new business up by 1% in February
New figures released today by the Finance & Leasing Association (FLA) show growth of 1% in consumer finance new business in February 2019, compared with the same month last year.
Consumer finance new business stable in January
New figures released today by the Finance & Leasing Association (FLA) show consumer finance new business in January was at a similar level to the same month in 2018.
Number of UK workers turning to high-cost short term loans continues to rise
The number of UK workers turning to high-cost short term loans (payday loans) as they struggle to cover their living costs and make ends meet continues to rise. Using data collected from over 700,000 payday loans requested between January 2017 and December 2018, credit broker CashLady has gathered together an in-depth analysis of the average borrower.