This year, Equiniti Credit Services has partnered with Credit Kudos, an FCA-authorised credit bureau that uses financial behaviour to measure creditworthiness through Open Banking.
The report explores:
- Current trends in the credit market and borrowers’ attitudes towards different lenders
- The growing importance of brand reputation as a deciding factor for borrowers
- A rapid decline in usage of once-popular price comparison websites, and what this means for lenders who use them as the gateway to reach consumers
- The potential of Open Banking as a driver of new, more personalised products and services to borrowers
- How established lenders need to ready themselves for what’s next, and future proof their products and services
