Lloyds Banking Group remained the largest mortgage lender in 2019 based on gross lending, increasing its market share by 1.4% last year. Meanwhile, Nationwide BS moved into the top spot in the buy-to-let market, increasing its market share by...
Just under half of UK adults, aged 18 or over display at least one characteristic of vulnerability. That's according to the findings of the FCA's Financial Lives Survey and it equates to 24.1m consumers.
The FCA believes that the COVID-19...
In the Digital Finance Forum's second annual survey of fintech founders, 90% of respondents have cautioned that firms will struggle to raise finance in the coming year.
The survey of over 100 founders cited COVID-19 as the cause of the...
Tristan Thomas, Vice President (VP) of Marketing at Monzo is to step down from his role at the end of this year. The news comes as the bank faces a fight to survive as a result of mounting losses.
Thomas...
Former Centrica CMO, Margaret Jobling has been appointed CMO at NatWest in an apparent turnaround for the bank which had previously scrapped the role.
NatWest had previously stated that it would not be hiring a direct replacement for David Wheldon...
Google has launched a mortgage tool in its search results in the US market.
The tool has been launched in partnership with The Consumer Financial Protection Bureau (CFPB), the organisation responsible for regulating the offering and provision of consumer financial...
A new report published by the City of London Corporation and Innovate Finance in partnership with EY has recommended urgent action be taken if the UK is to ensure the continued success of the fintech sector.
The report, named, UK...
In 2018 Virgin Money (in the UK) was purchased by CYBG plc, the group that owns Clydesdale Bank and Yorkshire Bank. The group, now named Virgin Money UK plc will eventually operate under one unified banking brand; Virgin Money.
Disrupting...
Podcast interview with Peter Ramsey (Built for Mars)
UX in banking
If you haven't heard of Peter Ramsey (A.K.A the person behind Built for Mars) and his epic study into the user experience (UX) of banking, it really is time you...
On Friday (26th June), the Financial Conduct Authority (FCA) announced that it was suspending the operations of Wirecard Card Solutions. The ramifications were felt by UK fintechs.
What is Wirecard Card Solutions?
Wirecard Card Solutions (WCS) is a provider of prepaid...
