Specialist lending is evolving, and brokers face mounting pressure to keep up with compliance, efficiency, and client demands. At Sikoia, we’re driving this transformation with automation, enabling brokers to work smarter, faster, and more securely.

The FCA's latest "Dear CEO" letter (Jan 25) underscores the need for tailored advice and robust affordability checks as rising rates put more pressure on borrowers.

At the heart of the mortgage industry's technological transformation lies a critical misunderstanding: the fear that AI will replace human interaction.

Mortgage brokers today face critical challenges in communication, time management, process navigation, and revenue generation. This article explores these obstacles and offers strategic insights to help professionals transform barriers into opportunities for exceptional service and growth.

The recent UK election brought a Labour government aiming to reshape the mortgage market with ambitious housing plans and stricter regulations. This blog explores the impacts on mortgages and the essential role of customer verification and onboarding.

Affordability assessments are critical for lenders to ensure responsible lending. However, traditional manual processes are plagued by inefficiencies and high costs. This blog explores how automation can revolutionise affordability checks, offering a streamlined, accurate, and cost-effective solution tailored to the unique needs of the mortgage industry.

Discover how Advanced Document Processing is changing the game by enhancing the mortgage process. Say goodbye to the hassle of manual data entry—cutting down up to 75% of manual work.

Document verification is the process of confirming the authenticity of customer-provided information from documents including bank statements, pay slips, licenses, and more. The traditional manual process tend to be time-consuming, and prone to errors. So why not automate it with help of Document Processing?

Explore how APIs are reshaping FinTech, connecting the dots between innovation and efficiency, in our latest exploration.

Open Banking's promise to transform finance encounters a significant challenge in the mortgage sector, where conventional documentation continues to dominate over innovative data sharing. Is the financial landscape genuinely evolving?

Traditional methods employed by mortgage lenders for conducting affordability insights have proven to be expensive, time-consuming, and plagued by complex challenges, not least those relating unconscious bias and human error.

Mortgage lenders is at a crucial juncture. Embracing advancements is imperative for navigating the ever-evolving landscape and elevating their risk management capabilities.

HM Treasury's latest amendments to the Money Laundering and Terrorist Financing Regulations, effective from January 10th, are setting a new course in due diligence practices.

As we embrace the challenges and opportunities of 2024, our CEO, Alexis, shares his predictions for the financial sector over the year ahead.

Discover how lenders can adapt to today's unpredictable economy with improved financial insights.

As the Fintech ecosystem and regulatory oversight evolve, we explore the emerging opportunity to leverage technology and innovation to turn compliance into a competitive edge.

Learn how businesses can navigate evolving regulations while upholding ethics and efficiency.

In today's dynamic business landscape, onboarding plays a pivotal role in building lasting success and delivering outstanding customer experiences. Discover the keys to efficient onboarding, nurturing client relationships, and delivering exceptional experiences.

As the deadline for the Consumer Duty rapidly approaches, the Financial Conduct Authority (FCA) urges financial service providers to proactively prepare and meet the upcoming requirements.

In the world of payments, the competition is intense, the stakes are high, and the challenges are many. It's a fast-paced sector made of traditional players and new entrants, where providers must stay ahead of the curve to remain competitive.

When it comes to Know Your Business (KYB), companies are often confronted with a crucial decision: which approach is best for achieving effective KYB?

Gambling company William Hill was served with a record fine of £19.2 million for failing to protect consumers and weak anti-money laundering controls.

The year 2023 is shaping up to be an eventful period for financial services providers as they face heightened regulatory scrutiny.

Improving customer risk assessments to drive a competitive advantage.

As we have previously discussed, the key to turning your formal compliance and risk assessments into a competitive advantage is your customer data: the data you have, the way you use it, and the value you can therefore extract from it.

Although formal regulation of “Buy now, pay later” financial products is still unlikely to arrive before the second half of the year, at Sikoia we were excited to see the UK’s Financial Conduct Authority start to outline what this will look like – and, just as importantly, why they want to implement their proposed changes.