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sibos-2019

sibos-2019

Sibos 2019 – A first for London and a first for Zhejiang province, China

UK FINANCE RESPONDS TO FCA’S OUTCOME OF HIGH-COST CREDIT REVIEW Responding to the Financial Conduct Authority (FCA)'s publication of the outcome of its high-cost credit review, Eric Leenders, Managing Director, Personal Finance at UK Finance said: “People up and down the country use credit as a helpful means of managing their everyday spending, so we have been working closely with the regulator to develop alerts for customers who may be about to slip into the red as well as a range of prompts that make it much easier to keep on top of finances and reduce costs. The industry is also introducing proactive support where persistent use of an overdraft facility might be a symptom of financial difficulty. We will continue to work closely with the FCA to make overdrafts more transparent and ensure customers take full advantage of the banking services available to them.”

UK FINANCE RESPONDS TO FCA’S OUTCOME OF HIGH-COST CREDIT REVIEW Responding to the Financial Conduct Authority (FCA)'s publication of the outcome of its high-cost credit review, Eric Leenders, Managing Director, Personal Finance at UK Finance said: “People up and down the country use credit as a helpful means of managing their everyday spending, so we have been working closely with the regulator to develop alerts for customers who may be about to slip into the red as well as a range of prompts that make it much easier to keep on top of finances and reduce costs. The industry is also introducing proactive support where persistent use of an overdraft facility might be a symptom of financial difficulty. We will continue to work closely with the FCA to make overdrafts more transparent and ensure customers take full advantage of the banking services available to them.”

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£29billion a year spent on out of pocket health expenses

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Nothing cryptic about new crypto start-up – quite the opposite

The latest fintech company to enter the global cryptocurrency investment market has opened for business in the UK this month. Revix, backed...
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How to manage employee wellbeing in a small business

By Dr Holly Blake is Associate Professor of Behavioural Science in the Faculty of Medicine and Health Sciences at the University of...
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Dispelling the myths of university-business Knowledge Transfer Partnerships

By Paul Yeomans is Knowledge Transfer Partnerships Manager at the University of Nottingham Knowledge Transfer Partnership, or KTP, is a part-government funded...
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Auditors could have unfettered access to internal business processes to avoid another Carillion

According to the Chartered Institute of Internal Auditors (IIA), companies could avert another Carillion-style disaster by providing internal auditors with “unrestricted access”...
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How can you establish trust in your business?

By Jonathan Tallant, Professor of Philosophy at the University of Nottingham It’s widely acknowledged that trust is hugely important for businesses. This...
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Employee wellbeing main priority for UK banks as they seek to attract quality talent

Competition from challenger banks and FinTech start-ups means great emphasise placed on employee wellbeing Flexible working (68%), diversity (66%) and development and...

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