Headlines – updates this week

Headline Update 21-03-2025 : -Curve and Infact agree real-time credit partnership -Insurers APR rates rival credit cards -FCA proposes £100 contactless limit increase -Nearly 100 Santander UK branches to close – with 750 jobs at risk | Money News -Rising micro loan stress: Lenders tap digital debt collection platforms | Finance News… Read more

Headline Update 14-03-2025 : -AI, Machine Learning, and RPA in Debt Collection and Credit Management | by Med Mahdi Maarouf | Mar, 2025 -AI heralds a new era for debt collection and credit management – IT News Africa -still a central focus for the FCA and firms must do more — Plain Numbers -Barclays set to pay out millions in customer compensation after IT outage -Consumer credit borrowing rises to £1.7bn -5.7m struggling to… Read more

Headline Update 07-03-2025 : -Paylink appoints new CEO – Credit Connect -Maths Anxiety. What is it and how does it impact consumers? — Plain Numbers -Skype announces it will close in May -1.6m people have experienced coerced debt -AI Agents Are Changing How People Shop. Here’s What That Means for Brands. -Water, cars and phones: The seven bills set to rise in April -One in Five UK Adults Are Financially Vulnerable but Many… Read more

Headline Update 28-02-2025 : -Half of adults expect to ration energy use -Open Banking API call volume predicted to hit 720bn globally by 2029 -HSBC backs Clearscore with £30m financing -Singapore’s biggest bank DBS to cut 4,000 roles as it embraces AI -Bank of Ireland UK posts British mortgage loan book up 19% to £13bn  – Mortgage Strategy -Apple withdraws encrypted iCloud storage from UK after government demands ‘back door’ access -NASA Makes… Read more

Headline Update 14-02-2025 : -UK Credit Cards Hit New Highs for Spending and Balances -The danger of relying on OpenAI’s Deep Research -How AI will divide the best from the rest -AI chatbots unable to accurately summarise news, BBC finds -Call for Government to improve debt collection practices -AI-enabled software development fuels innovation -FOS introduces new charge for claims -FCA sees increase in misleading and illegal financial ads -The EU needs… Read more

Headline Update 07-02-2025 : -Improving our understanding of how financial services regulation affects economic growth -FCA calls on Govt to lay out acceptable level of mortgage defaults  – Mortgage Strategy -Struggling households urged to get support with debt set to peak -Generative AI in Action: Opportunities & Risk Management in Financial Services | Policy and Guidance -Investing in AI to identify and support vulnerable customers -Unpacking the Proposed Data (Use and Access) Bill -… Read more