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.