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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...
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...
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...
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 ...
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...
When it comes to credit data contracts, negotiating price is just one element. Aspects like contract flexibility, technological adaptability, and capped RPI strategies can dramatically influence your ...
The credit data landscape has undergone huge shifts over the past few decades. As longtime veterans who have navigated this complex, ever-evolving industry for over 30 years, we have witnessed these c...
The world of credit data is changing rapidly. In 2024, the rules of the game are evolving. Understanding these changes is crucial for optimising risk assessment, compliance, and customer management. R...
From determining eligibility for a new loan to assessing financial vulnerability, credit data plays a pivotal role in financial decisions. Yet, how often do we pause and ask: How transparent is this d...
The challenges of financial operations require you to consistently evolve, shift, and innovate to remain relevant. For many, this means delving into credit data benchmarking. But what happens when cre...
A lack of transparency in lending is an old problem made new again with BNPL. According to concerning reports, the UK government plans to delay regulation of the BNPL industry. But behind its ease of...
Stressed out and overwhelmed - that seems to be the sentiment among data leaders in financial services. A recent survey by data management firm Solidatus revealed alarming levels of work-related stres...