Posts

Too Much Month Left at the End of the Money

A recent thread on Mumsnet exploded after someone posted “After all expenses we are left with about £1k in our account. My husband is flapping saying its not enough of a buffer … my argument is, we are lucky to have that much and we shouldn’t waste time fretting … Am I wrong not to worry?Read more

CaaS Tool is Developed for Asset Managers

By Ross Laurie, Advisor to Castlight Financial.

For the last couple of years, we’ve talked about how our CaaS (Categorisation as a Service) engine is revolutionising the way lending institutions are helping their customers take control of their finances and demonstrate their affordability credentials for a loan. Read more

AI Still Needs Humans In The Loop

Whose turn is it to sit in the front? If you’re a parent you’ll know the way that particular school run conversation tends to pan out at 8am every Monday to Friday. Read more

CaaS Provides the Perfect Plimsoll Line

A few months ago Jonathan Davidson, executive director of supervision for retail and authorisations at the Financial Conduct Authority (FCA) said that a worrying number of householders may be “in too deep” with their borrowing.

But how deep is too deep? Read more

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. Read more

Embracing the Spirit of the Law

Martin Hagerty, Castlight Financial’s Chairman, once defined company culture to me as “the things people do when they know they’re not being watched”.

I like that definition. Because it doesn’t just apply to companies. It applies to whole industries too. Read more

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. Read more

Traditional Banks Have a Head Start in the Open Banking Space

The banks are in the media spotlight just now as open banking starts to roll out and the debate gathers steam. Are the banks ready? How are they faring in the brand new open banking space where everyone is jostling for room? Read more

Interest Rate Hikes Raise Red Flags

I talked about the new international accounting standard, IFRS 9 in this blog last week. And its still on my mind, particularly after last week’s interest rate rise and the clear signal from the Bank of England that there are more hikes to come. Read more

Are Tech Giants like Amazon a Real Threat to Traditional Banking?

At a Future of Fintech conference in New York this summer, Anand Sanwal, CEO of CB Insights said that the idea of a “Bank of Amazon” was top of the list of 10 trends to watch in financial services over the next year. Read more