11 Results
Tim Simon CEO at Madiston plc
As The Association of British Credit Union declares in its vision statement: “Credit Unions will become the primary source of affordable, high quality and ethical financial services for the people of Great Britain”. To achieve that, they will need affordable, high quality tech. According to statistics released by the Bank of England on 30 August 2...
09 October 2024 /retail /inclusion Banking and Lending Solutions
Green investment firms this is for you. Following on from our recent blog (Can FinTech alleviate global crises?) now is a good time to look more closely at what we can all do to protect ourselves and our planet from the extreme heat we have just experienced. Climate Change won’t wait for us to sort out a cost of living crisis or a war, it is mov...
15 August 2022 /sustainable /predictions Climate Fintech
Flexible payment options, including Point-of-Sale (POS) "Buy Now Pay Later" (BNPL) offers, are growing in popularity at a pace that regulators are struggling to match. The Woolard Review (a review of change and innovation in the unsecured credit market) noted that the value of BNPL transactions has nearly quadrupled during 2020. Accordin...
15 April 2021 /retail /predictions Fintech innovation and startups
The answer to the question above is: "...as close to zero as practical!" Full disclosure: we are massive advocates of automation. If you have read our earlier posts in this series, you will know that we believe that automation is the route to profitable, sustainable digital lending businesses. The role of skilled people is to monitor ...
16 February 2021 /retail /markets Banking Strategy, Digital and Transformation
Part 2 - What needs to be done now to get Online Direct Lending (ODL) / Peer to Peer Lending (P2PL) back on track for compliance, profitability and sustainability? The first in this series of blogs, published on 26 January 2021, looked at "How and Why the Industry lost its way". We looked at developing sustainable / profitable business m...
02 February 2021 /retail /markets Banking Strategy, Digital and Transformation
Part 1 - How and why has it lost its way? The key issues. In this series of blogs, I hope to show how the laudable aims of the Peer to Peer Lending (P2PL) industry can play their part in the profitable future of Online Direct Lending (ODL), with an industry-wide solution to benefit all players. First, we need to get to grips with the decisions ma...
26 January 2021 /retail /markets Banking Strategy, Digital and Transformation
Is there any aspect of our lives that isn’t wholly dependent upon trust? Our relationships with our partners, family, friends, colleagues, suppliers of our goods and services, medics, law makers, governments, world leaders – all fundamentally rely on trust. With it, those relationships can be successful and productive. Without it, relationships...
16 July 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
Consider the positives in the way that we do things, against the background of the current pandemic. For the sake of us all, it is important to try to keep things going, learn and make all the positive moves for improvement that we can during this lockdown. For most companies, the time to make radical changes is when business is quiet or depressed...
04 May 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
Most of us have never experienced times like these before but, while the medics deal with the health crisis, we - the financial services and FinTech sectors - have a crucial role to play in minimising the economic impact. To keep the economy moving, we have to keep working. Those set up to run their businesses remotely online can continue to trade...
26 March 2020 /retail /wholesale Banking Strategy, Digital and Transformation
Peer to Peer Lending and many other online direct lending software models are changing. We have studied different models in the online loans market for over a decade and there have been significant shifts away from lenders’ self-selecting their loans; visible loan auctions; and highly parameterised lender auto-lending tools. Why the change? Beca...
16 May 2019 /retail Innovation in Financial Services
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