Entries by Phil Grady

Encouraging response to the Big View pilot

“I’ve tried to get help but there’s a 10 week waiting list to see a Money Advisor.” “I am getting so many final warning letters that I’ve simply stopped opening them.” “Interest and charges are going up every day. I don’t even know how much I owe now.” “I’m very anxious and my health is […]

CaaS – Built for the Fourth Industrial Revolution

In his recent Mansion House speech “New Economy, New Finance, New Bank” Mark Carney referred to the brave new world we inhabit as the Fourth Industrial Revolution. We are living in an age characterised by a technological tsunami that is constantly changing and shaping the way we live, work and interact with each other.

Redemptive Technology

I wrote recently about the sea change in perspective in the lending landscape. The FCA is urging lenders to be more forward looking, to anticipate how borrowers will be able to repay their debt further down the line. Will they be able to weather a storm or will they go under?

Data Isn’t Abstract – Data Is People

In January this year the number of internet users around the world reached 4 billion. Well over half the world’s population is now online, with the latest data showing that nearly a quarter of a billion of new users came online for the first time in 2017.

Chancellor calls fintech the future of global finance

The UK fintech sector contributes nearly £7 billion annually to the UK economy and employs over 60,000 people across 1,600 companies. And every day companies like our own are developing and rolling out products and services which have the power to transform the everyday lives of millions of people, in a host of different ways, […]

ONS and Castlight track consumer spending

Women’s leggings and mashed potato will now be used instead of pork pies and lager sold in nightclubs to help calculate the cost of living in the UK. These changes, reported by the BBC, are part of the Office for National Statistics’ (ONS) annual review of the basket of goods used to measure the UK’s […]

We Are Singing From The Same Hymn Sheet Mr Davidson

Back in October, I gave the new, international accounting standard IFRS9 a hearty endorsement, because I firmly believe it drives right to the heart of affordability. The IFRS9 standard, introduced in January, has a radical new perspective, recognising the importance of looking forward, anticipating problems before they happen.