The mispricing of risk in consumer credit is a threat to all lenders, particularly those that lack flexibility, explains Sarah Jackson, Director, Equiniti Credit Services.

Years of low interest rates and fierce competition in the UK credit market has created a price war. Lenders are using cheaper loan products with wider consumer appeal to retain existing customers and capture new market share.  This is a dangerous game and is leading to inadvertent mis-pricing of risk in the race to attract customers.

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Competition Now Open, CLICK HERE to Enter for Free

Closing date: 17:00 on Thursday 31^st May 2018

Following two years of success, the PIMFA FinTech Solutions Competition, held by the Personal Investment Management and Financial Advice Association (PIMFA), is holding its third open competition for companies to present their ‘FinTech Solution’ at the PIMFA Fintech Conference 2018 on 12th September 2018.

Internationally-renowned leader for risk mitigation, Chargebacks911 (The Chargeback Company), has won the Customer Choice Award for Best Chargeback Management Solution at the 2018 CNP Awards, for the third consecutive year.

Finastra has been recognized in Global Finance Magazine’s sixth annual awards for innovation in financial services. The company is among a select list of banks and Fintechs named in “The Innovators 2018” list, receiving an award for Fusion LenderComm – a Distributed Ledger Technology (DLT) platform that provides real-time exchange of deal information between agents and lenders to drive transparency in the syndicated loan market.

A new professional digital asset exchange - Singularity-X - has started live trading today. In the first stage, the exchange offers trading for the most popular cryptocurrencies - BTC, LTC, ETH, and DASH. Both crypto/crypto and crypto/fiat trading is available. Trade pairs are available in USD and EUR. Additional cryptocurrencies and tokens will be gradually added. The exchange is headquartered in the European Union. Clients wanting to trade a crypto/fiat pair will undergo the standard KYC/AML procedure.

Avelacom is expanding its footprint in Warsaw making it easier for latency sensitive clients in the financial services industry to access emerging markets in Europe.

Avelacom selected Atman Data Center colocation facility for its established connections with electronic trading ecosystem. Atman has a well-established position as a DC provider for financial market and hosts one of the largest financial hub of the Central and Eastern Europe, along with numerous global and local banks and brokerage firms, liquidity aggregators and market data vendors.