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Regulating for better outcomes – next steps in consumer credit

Regulating for better outcomes – next steps in consumer credit

by Francesca Manley | Feb 23, 2022 | News on customer journeys, News on lending risk

The FCA has published an interesting speech made by Nisha Arora, on consumer credit focusing on consumer outcomes and needs, particularly for those in vulnerable circumstances. As Julian Graham-Rack, CEO at PrinSix, states, “Customer outcomes are where decision...
Announcing The Arrival of Breathing Space

Announcing The Arrival of Breathing Space

by Francesca Manley | May 4, 2021 | News on lending risk

Yesterday’s arrival of Breathing Space should be celebrated.  Lenders’ forbearance obligations were already a core regulatory requirement of collections activities. Strengthening that requirement, and extending it to non-regulated debt, can only be...
Managing And Monitoring Credit Risk After The COVID-19 Pandemic

Managing And Monitoring Credit Risk After The COVID-19 Pandemic

by Francesca Manley | Mar 19, 2021 | News on lending risk

The unique features of the pandemic-triggered recession have led banks to move more quickly to build real-time data and analytics into their credit-decision engines. Read this article by Efstathia Koulouridi, Sameer Kumar, Luis Nario, Theo Pepanides, and Marco Vettori...
Stronger Imperatives for Action for Vulnerable Customers

Stronger Imperatives for Action for Vulnerable Customers

by Francesca Manley | Mar 19, 2021 | News on lending risk

The impact of the COVID-19 pandemic has led to a significant increase in both the incidence and complexity of consumer vulnerabilities, pushing a long-standing area of focus even higher up the regulatory agenda. Find out more on the areas where firms need to take...

Recent Posts

  • Launch of Leeds based fintech start-up set to tackle inclusion
  • Leeds based tech business chosen by Innovation Leeds as a showcase case study
  • Digital platform PrinSIX partners with KCOM to open up access to the internet for hard to reach communities
  • PrinSIX to be a sponsor of Credit Summit for second year running
  • Horror Stories and Bad Debt: How can we tackle financial vulnerability?

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