More borrowers will be paying off mortgage debt into their 70s Personal Finance In the first nine months of 2024, 22,103 mortgages with a term of at least 35 years were approved to people aged over 36.
Half of people with housing costs ‘starting 2025 worried about home or finances’ Personal Finance The Advertising Standards Authority (ASA) upheld two complaints about the video, one saying it glamorised smoking and another about it not being clearly marked as an “ad”.
Mortgage rates to rise on back of bond market turmoil Personal Finance Gilt yields influence the mortgage market through swap rates, the main benchmark for mortgage lending in the UK.
Payment fraud is becoming more sophisticated, creating new vulnerabilities for organisations October 17, 2024 | Sponsored Author: Tim Forster, Strategic Partner Manager, Financial Messaging at Finastra In the digital age, security is a top priority for corporates and financial institutions. As payments become increasingly more sophisticated, so too do fraud attempts, particularly as payments are increasingly operating in real-time. The operational characteristics of instant payments (fast, irrevocable, simultaneous clearing and settlement) [...]
Ready to turbocharge your M&A process? October 1, 2024 | Sponsored Artificial intelligence (AI) is poised to reinvent how deals are done. How do we know? Intralinks has invested in AI research for years with the goal of transforming the deal process and reimagining the future of dealmaking. The future of dealmaking is here. SS&C Intralinks DealCentre AI™ is the purpose-built, AI-powered dealmaking platform that incorporates [...]
The new payments architecture and Bacs September 17, 2024 | Sponsored Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra You might have heard that there are plans to modernise some of the key UK payment rails and wondered how these updates will affect your payment processes. In this article, we explore what the changes are and why they are needed. Let’s start at the beginning; [...]
Navigating ISO 20022 in the Bacs world September 17, 2024 | Sponsored Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra As organisations and financial institutions look for new ways to pay in a growing payments landscape, using a common language for all financial messages allows participants and systems in different markets to communicate in a single, consistent format using agreed terminology. ISO 20022 is a global [...]
A quick guide to the key UK payment rails September 17, 2024 | Sponsored Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra There are a range of payment rails available in the UK; some widely applicable while others work better for companies operating in certain circumstances. But what is a payment rail? Payment rails refer to the underlying infrastructure and systems that facilitate the movement of money between [...]
State pension set to rise by £460 next year amid winter fuel debate September 10, 2024 This would mean that the state pension rises to around £11,962 next year from £11,502, an increase of almost £9 per week.
Driving greater transparency and efficiency in cross-border payments August 14, 2024 | Sponsored Tim Forster, Strategic Partner Manager, Financial Messaging at Finastra Whether consumers, small and mid-sized enterprises (SMEs) or corporate entities, customers want access to speedy and transparent cross-border transactions from their bank. However, the process can often be extremely lengthy, costly and opaque, leading many to turn to more agile fintech providers. For example, many consumers [...]