InsureTech

Know Your Customer? Rainbird Aims to Help Vulnerable Credit Consumers

 Rainbird, the AI-powered intelligent automation scale-up, has announced a research partnership with the University of East Anglia (UEA) to support and empower vulnerable individuals through fairer credit decisions. The proposed tool is being designed to […]

Insurance Regulation

FCA Gives Moneybarn a £2.7m Slap, Vulnerable Customers Misled

Once again the FCA has taken action over the tricky question of how to deal with vulnerable customers, who are not managing their finances well. This policy has far-reaching consequences for insurers, brokers and MGAs, […]

Insurance Regulation

Kirby Vacuum Loses Appeal Over Lending Rules Breaches

Here’s the latest from the FCA, who have been trying to regulate the sale of Kirby vacuum cleaners, which have often been featured in various BBC Watchdog, Rip-Off Britain, Which? magazine and other consumer programmes. […]

Opinion

Opinion: Failing to Help Vulnerable Customers Could Be The Next PPI

In this Opinion piece, Martin Ellingham, business leader, Aptean Respond, asks whether the issue of customer vulnerability has the potential to become the next consumer mis-selling scandal in the UK. With new FCA rules on […]

Insurance Regulation

Regulatory: Altus Creates Vulnerable Customer Assessment Tool

Financial Services software provider and consultancy services Altus announces today the launch of a tool to help financial services firms assess their capability in identifying and managing vulnerable customers. The Financial Conduct Authority (FCA) published […]