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Blogs
Nick Green

Preventing APP fraud: Essential strategies for banks

APP fraud is on the rise. According to Finextra, the total number of APP fraud cases was up 22% in 2023 compared to 2022. In fact, APP fraud is now the number one payments threat and are expected to ...

21 May 2024
Banking
Nick Green

Financial crime assessment with perpetual KYC oversight

Economic crime costs have escalated to an estimated £290* billion annually. Compounding this issue, billions are believed to be laundered through the UK finance system every week. And that’s why there...

25 Apr 2024
Financial Risk Management
Nick Green

FCA and BoE data sharing changes: the impact on lenders

With the BoE and FCA’s renewed focus on improving data collection and sharing within the credit information market, the industry has rightly raised questions. What impact will these changes have on le...

23 Apr 2024
Banking
Nick Green

Monitoring financial crime services: Avoiding excessive bureau fees

Financial crime damages the trust and stability that the economy relies on. As criminals use more advanced technology, there's a bigger need for smart and quick action—extending far beyond regulatory ...

21 Mar 2024
Banking and Lending Solutions
Nick Green

Financial crime prevention: Credit provider's cutting-edge approaches

Credit providers understand the critical challenge with the rise of complex financial crimes, from cyber theft to money laundering. Criminals are using advanced technologies—the same ones that make di...

19 Mar 2024
Banking
Nick Green

Reducing risk and spend during times of unpredictable inflation

Andrew Bailey is under pressure. While there’s been progress in getting UK inflation down, it’s too early to declare victory, just yet. If they cut interest rates too soon and too rapidly—they risk a ...

15 Feb 2024
Banking
Nick Green

FCA's latest Consumer Duty warning: A call for smarter credit data management

The FCA recently unveiled new consumer protection guidelines that signal a major shift in credit data management. These rules require financial services firms not only to meet formal compliance standa...

13 Feb 2024
Banking
Nick Green

Data contract flexibility: Benefits and strategies

Data contract flexibility makes a significant difference in how financial institutions respond to market shifts and manage spend. Why? Because with the right flexibility, institutions can align their...

18 Jan 2024
Banking
Nick Green

Overcoming bureau lock-in and leveraging multiple data feeds

An emerging pain point many financial institutions grapple with is ‘bureau lock-in’ – over-reliance on a single credit reporting agency (CRA). This data dependency narrows perspectives to one view, re...

17 Jan 2024
Banking
Nick Green

The DOs and DON’Ts of credit data contracts

When it comes to credit data contracts, it’s not just about striking a deal on price; financial services procurement teams need to consider a range of factors to make them strategically aligned with e...

12 Dec 2023
Banking
Nick Green

The impact of BNPL’s rapid growth on lenders

With almost half of UK adults having used BNPL, lenders face a key challenge: the varied data reporting practices among BNPL providers and CRAs. In this piece, we'll explore the rapidly growing BNPL ...

07 Dec 2023
Banking
Nick Green

Navigating the Data Divide in Credit Risk Management

Despite the risks and compliance issues, a worrying number of lenders grapple with incomplete and inaccurate data. The consequences influence everything from individual decision-making to broader cons...

23 Nov 2023
Financial Supply Chain

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