Headlines – updates this week

Headline Update 08-11-2024 : -Anti-fraud confirmation of payee tool expanded to hundreds of more firms -Retail consumer confidence begins to improve as Christmas approaches -New Day acquires Argos store card portfolio -Barclays completes £600m Tesco Bank deal -One in 20 new Wikipedia pages seem to be written with the help of AI -Expecting a new credit card in the post? Beware the ‘not received’ scam | Scams -AI’s huge power needs give oil… Read more

Headline Update 01-11-2024 : -Financial vulnerability across the UK -Intrum seeks US bankruptcy protection to restructure $4.7 bln net debt -Fos looks to charge CMCs up to £250 to lodge complaints -Plans to cap fees charged by claims companies -Computer Scientists Establish the Best Way to Traverse a Graph -UK courts are getting it wrong on eyewitness evidence, argues study -Chart: Will ChatGPT and Co. Further Deepen Inequality? -AI may be good… Read more

Headline Update 18-10-2024 : -International meeting confirms the Sun has reached solar maximum in cycle 25 -FCA to open AI Lab -Average tradesperson chasing £6,000 in late payments -Business confidence falls as fears grow over tax burden -One in ten pubs face risk of closure -TSB fined £10.9m over treatment of customers in financial difficulty -Mortgage default rates rise – Credit Connect -One in three would rather spend in retirement rather than… Read more

Headline Update 11-10-2024 : -CFPB Issues Guidelines for Medical Debt Collection | Sheppard Mullin Richter & Hampton LLP -The end of Lloyds Banking Group? -One million households will not put on heating until December to keep costs down -Half of over 55s never talk to loved ones about retirement finances -Water complaints rise to near-decade high -Call for reform of credit reporting system -Tax anxiety grows ahead of the Budget -A Guide… Read more

Headline Update 04-10-2024 : -OpenAI feels competitors breathing down its neck -Raspberry Pi has charmed its way to a UK computer revival -Nationwide completes £2.9bn Virgin Money takeover – Mortgage Strategy -Starling fined £29m for ‘shockingly lax’ high-risk customer screening: FCA   – Mortgage Strategy -ChatGPT most benefits below-average consultants, finds BCG pilot -Generative AI’s opportunities and challenges for consulting firms and consultants -GenAI edges closer to enterprise maturity -Starling Bank fined £29… Read more

Headline Update 20-09-2024 : -Credit card spending falls 3.1% in June -Quantum computers teleport and store energy harvested from empty space -UK economy unexpectedly flatlines for second month in row | Economic growth (GDP) -BT identifying 2,000 signals a second indicating possible cyber-attacks | BT -How much can AI help tackle the next pandemic? -Working from home boosts productivity, Jonathan Reynolds says -Ovo to pay £2.4m over customer complaint failures -The fury… Read more