Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | July 20, 2018

Scroll to top

Top

RBS

Funding expert joins ThinCats

July 9, 2018 |

THINCATS has continued its expansion with the addition of funding expert Ben Kimball to cover the Yorkshire area.

Kimball brings 15 years of banking experience, including positions at Lloyds Bank Commercial Banking, Royal Bank of Scotland and Barclays, to the … Read More

Banks reject P2P lenders on money laundering concerns

July 5, 2018 |

PEER-TO-PEER lenders have been turned away by banks when trying  to open the client money accounts that are legally necessary for them  to operate.

Despite the vast majority of platforms now being fully regulated, Peer2Peer Finance News has seen messages … Read More

Chancellor appoints fintech envoys for Wales and Northern Ireland

May 17, 2018 |

FINTECH envoys have been appointed for Wales and Northern Ireland, to help the sector flourish after Brexit.

Richard Theo, co-founder and chief executive of Wealthify, has been named fintech envoy for Wales, while Georgina O’Leary, director of innovation, research and … Read More

Charles Randell named FCA chair

January 5, 2018 |

A FORMER lawyer who advised the government in the bailouts of Northern Rock, Royal Bank of Scotland and Lloyds has been appointed as the next chairman of the Financial Conduct Authority (FCA).

Charles Randell CBE (pictured) will take the role … Read More

Industry urges for standard default definition

April 6, 2017 |

Peer-to-peer lenders are backing calls for a standardised definition of defaults in the sector.

Although actual default rates are low, the definition of when a loan has failed is not consistent across all platforms, making it harder for investors to … Read More

ThinCats recruits Harry Takhar to origination team

February 9, 2017 |

BUSINESS peer-to-peer lender ThinCats has hired Harry Takhar from the Royal Bank of Scotland (RBS) to help build the platform’s database of loan introducers and sponsors.

Takhar, who spent seven years in the RBS commercial banking and capital markets teams, … Read More

Banks bite back

February 7, 2017 |

High street banks are investing in innovative technologies and developing peer-to-peer “hybrid” models, as competition with the sector heats up

TRADITIONAL lenders are ramping up investment in new technology, amid intensifying competition from P2P platforms, say industry insiders.

“The … Read More

4m Brits now using fee-free basic bank accounts

December 12, 2016 |

FOUR million customers are now using fee-free basic bank accounts, following a government initiative to help Brits with bad credit scores.

The UK’s nine biggest retail banks are providing the no-frills, no-overdraft accounts, which mean consumers who might have … Read More

Government referral scheme faces competition from NatWest

November 1, 2016 |

THE THREE aggregator platforms chosen for the government’s bank referral scheme will have competition in sourcing alternative finance for small businesses, as NatWest’s own referral initiative enters its full launch phase.

The high street lender, which is owned by … Read More

New referral scheme gives P2P lenders access to more borrowers

November 1, 2016 |

PEER-TO-PEER finance platforms will have access to thousands more businesses seeking loans, thanks to a new bank referral scheme that launches today.

Under the government initiative, nine of the UK’s biggest banks will pass on the details of small businesses … Read More