Over 750,000 SMEs using open banking services

Research by Open Banking has revealed that at least 750,000 SMEs now integrate their bank accounts with third-party services to reduce the cost of transactions and help to manage cash flow. The research also revealed that the number of open banking payments has more than doubled last year to 68 million with small firms adopting…

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Different dynamics and different approaches evolving: Lending Technology Think Tank 3.1 view from the Chair

4th April 2023 Industry opinion |

Like spring, there was a burst of energy in the Lending Technology Think Tank this week. Lots of new ideas and concepts coming through… Clearly, Quarter 1 has been super busy for most folks, and as we know plenty has been happening economically, with regulation and in society, both in the UK and around the…

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Secure Trust Bank Commercial Finance appoints Regional Managing Director

4th April 2023 Appointments |

Secure Trust Bank Commercial Finance has announced that it has bolstered its management team with the appointment of Dominic Castle as Regional Managing Director for Yorkshire and the North East. Castle brings over 12 years’ experience in the valuation and corporate advisory industry to the team in the region. Joining from SIA Group (UK), where…

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Cost of living crisis pushes consumers to give up Easter celebrations

4th April 2023 Consumer Collections | #debts

Almost half (45 per cent) of consumers say that the cost-of-living crisis will have an impact on their Easter celebrations this year, according to a new study from TopCashback. In fact, over a third (36 per cent) will not be celebrating Easter at all with financial struggles being cited as one of the most popular…

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Low-income households could be left £209 short on energy bills

Low-income households will be left an average of £209 short on their energy bills this financial year, new Which? research has found, as the consumer champion calls for an energy social tariff to protect the most financially vulnerable.  Even with the government’s decision to keep the Energy Price Guarantee at £2,500 for an average household…

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