UK banks are losing half of new online account applications due to outdated ID checking processes

On average, only 53% of online account openings are completed, meaning that 47% of online account opening attempts are left abandoned.

Click here to read the full article.

On average, only 53% of online account openings are completed, meaning that 47% of online account opening attempts are left abandoned.

Click here to read the full article.

Credit Strategy interviewed Jake Beavan, Policy Manager, Citizens Advice, in the lead up to the DBC for Collections

Credit Strategy interviewed Chris Fitch, Vulnerability Lead, Money Advice Trust, in the lead up to the DBC for Collections.

It’s up to the financial services industry to help teach students the necessary skills to manage their finances.