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Peer2Peer Finance News | June 25, 2019

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Rise in personal insolvencies leads to calls for more oversight

April 30, 2019 |

A CONTINUED rise in personal insolvencies has led to calls for more stringent regulation of consumer debt.

New figures from the Office for National Statistics (ONS) have revealed that in the first quarter of 2019, the number of personal insolvencies … Read More

Equifax hires RBS executive to oversee operations in UK and Ireland

April 15, 2019 |

EQUIFAX has named former RBS operations executive Tony Banks as vice president of operations for the UK and Ireland.

The credit reporting company said on Monday that Banks will be responsible for overseeing all operational activities at Equifax sites including … Read More

UK first for Open Banking as debt management firm automates reviews

April 9, 2019 |

OPEN Banking technology has been incorporated by a debt management company to automate annual reviews for the first time in the UK.

Gregory Pennington, one of the UK’s longest established debt management companies, has integrated an Open Banking solution provided … Read More

Equifax partners with NatWest to support UK entrepreneurs

March 25, 2019 |

CREDIT referencing agency Equifax has partnered with the NatWest Great British Entrepreneur Awards to support and recognise small- and medium-sized enterprises (SMEs).

The NatWest Great British Entrepreneur Awards says that, for businesses to survive and thrive, entrepreneurs must be able … Read More

Open Banking set for 2019 surge

January 10, 2019 |

OPEN Banking will see a surge in popularity in the year ahead, according to expert predictions.

Ahead of the one-year anniversary of Open Banking on 13 January, consumer credit agency Equifax has predicted that 2019 will be “a successful year” … Read More

Brits cite £8,854 as “unmanageable” level of debt

January 4, 2019 |

THE average amount of debt that people consider to be unmanageable is £8,854, a new survey has revealed.

According to a poll by credit firm TDX Group, more than one fifth (21 per cent) of Brits believe any amount of … Read More

Equifax launches new analytics product in the UK

December 13, 2018 |

EQUIFAX has launched a new data and analytics product in the UK which can help fintechs gain greater insight into their customers, products and industry.

The credit reporting agency is now offering its Equifax Ignite solution to the UK market, … Read More

Lending Loop and Equifax launch free credit scores for businesses

November 9, 2018 |

CANADIAN peer-to-peer lender Lending Loop has partnered with Equifax Canada to launch the country’s first free credit health and monitoring platform for small businesses.

The platform gives businesses and entrepreneurs access to free personal and business credit scores, reports and … Read More

Deloitte, Equifax and FreeAgent join as partners to NatWest entrepreneur scheme

October 29, 2018 |

ACCOUNTANCY giant Deloitte, credit reporting agency Equifax and accounting software provider FreeAgent are the latest partners to join NatWest’s entrepreneur accelerator programme, which provides support to thousands of young businesses across the country.

The three organisations will provide a blend … Read More

Equifax launches real-time Open Banking ID checks

October 29, 2018 |

CREDIT referencing agency Equifax has teamed up with Open Banking technology provider to allow it to match customer data and transactions in real time.

It will be used within Equifax’s bank account verifier system that lets lenders compare sort … Read More