Archive
Financial Services
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Is it time for lenders to be honest about the cost of borrowing?
June 20, 2022
The loans and credit card markets don’t work well for consumers because lenders aren’t required to be transparent about the interest rates they charge. It’s time for that to change and for lenders to be honest about the cost of borrowing. The reform of the Consumer Credit Act announced last week is an opportunity to deliver these vital improvements for consumers. Picture the scene: you try on a new pair of trainers: they fit, you...
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Memoirs of Money20/20 Europe: Fintech trends and topics to watch
June 16, 2022
Gemma Lingham, director and head of fintech UK To anyone reading this that attended Money20/20 Europe, I’m sure you’ll agree, that it wasn’t short of magical. The buzz in the Rai, Amsterdam was palpable and you could sense the excitement from everyone in the fintech industry at being back together in full force. And for those that didn’t attend, I’m sure a healthy dose of FOMO from colleagues and peers was felt. With talks...
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What does the Queen’s Speech mean for financial services?
May 23, 2022
The Government’s latest Queen’s Speech was seen by many as an opportunity for the Johnson administration to reset following a turbulent start to the year, both economically and politically. On the whole, it has attracted as much attention for what was left out as for what was included – but there were some clear indications of the Government’s intentions for financial services. Ripping up red tape The Financial Services and Markets Bill is intended to...
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Why it’s time for BNPL lenders to decide who their customers are
May 10, 2022
Forthcoming regulations and the cost-of-living crisis are going to increase the scrutiny on Buy Now Pay Later (BNPL). To emerge with their reputations enhanced they’ll need to decide who their customers really are. Buy Now Pay Later (BNPL) lenders have been one of the big recent FinTech success stories. In the UK BNPL lending hit £5.7bn in 2021 with almost 12m active users. The rapid growth of BNPL has led to mounting concerns about the...
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Is lifestyle banking the future of financial services?
March 21, 2022
Banking on a Lifestyle: three ways to communicate the shift In recent years, banks have begun accompanying us into areas of our lives previously uncharted by the financial services sector. Going for a coffee with a friend? Make sure you get cashback rewards with your bank. Hooked on a new TV series? Get some free months of streaming with your bank. Booking a holiday? Get cheaper prices if you book with your bank. FinTechs...
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FleishmanHillard UK awarded Best Annual Report at PRCA City and Financial Awards 2022
February 28, 2022
FleishmanHillard has been awarded the coveted trophy for ‘Best Annual Report’ at the PRCA City & Financial Awards 2022 for its annual report for client Barclays! The City and Financial PR Awards are held by the PRCA in support of the City of London Company of Public Relations Practitioners. The Awards recognise the talent and impact of individuals, teams and campaigns from the best of corporate communications, the City and financial PR and communications industries. Ultimately, the judges...
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Financial Services in 2022: The year for green action
January 20, 2022
Emily Rushgrove (She/Her), Associate Director—Corporate & Financial From pledges to action In 2021 we saw businesses collectively sign hundreds of pledges, accords and deals to tackle the climate emergency. In 2022, they will have to act. While some are already doing just that, they all too often remain trailblazers in their fields. That can’t last long. As my colleague Michael Hartt recently noted, just a few years ago climate denial was a boundary line to...
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Ethics in Business — The Future of ESG and Sustainable Investing
December 1, 2021
The importance of business ethics Momentum is building as a rapidly growing number of consumers, governments, institutional investors and corporations acknowledge the financial as well as physical threats posed by environmental, social and governance issues, such as climate change, greenhouse emissions and reliance on a fossil fuel-based economy. Meanwhile, the global Covid-19 pandemic has intensified focus on societal responsibility and whether companies and business leaders are doing the ‘right thing’ through the crisis – by...
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Better together: The Top 3 collaborations announced at Money20/20 Europe
September 29, 2021
Last week, after over 500 days of global lockdowns, the annual Money20/20 Europe conference returned. Bringing together more than 4,000 people from over 1,500 companies; the show in Amsterdam, once again, is shaping the future of money. From tiny fintech start-ups to incumbent banking giants, global leaders to innovators and disruptors, they all gathered to meet, debate and of course – announce new initiatives. Back in our 2020, ‘Fintech Driving Global Change’ report, Money20/20 President...
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Fintech M&A: buying or just browsing, here’s what brands need to know
August 9, 2021
Gemma Lingham, associate director The incumbents are on a shopping spree. And what’s top of the list? Fast growth fintechs. With a few “unexpected items in the bagging area”, but with plenty of high-in-demand purchases too, it’s safe to say fintech M&A is hotting up. I’d be lying if I said this was something we weren’t completely expecting. At the end of 2020, our ‘Fintech Driving Global Change’ report predicted this would be coming. Developed...