Author: Professor Brian Scott-Quinn. A big issue for the UK and for the EU is a fall in the rate of productivity growth since the global financial crisis (GFC) back in 2008). The Office of National Statistics says that wage levels in real terms have not risen in 12 years. Others say the period of no real wage growth is much longer but it can be sai...
crowdfundinsider.com "Peer to Peer lending is experiencing dramatic growth in the UK (and around the world). While traditional loans have, in some categories, lagged the economic expansion, P2P is booming. In fact UK businesses have benefited from over a half a billion in funds and consumer P2P lending may have reached over £1 billion at the end of...
crowdfundinsider.com "Madiston LendLoanInvest is entering the Lithuanian market having partnered with Finbee on a joint venture to offer peer to peer lending services. Madison has provided Finbee with its lending software and has become a shareholder in the company. This is the second P2P lender to have set up shop in Lithuania – a country that has...
Peer2Peer Finance News: "PEER-TO-PEER lending software provider Madiston has launched two new products, to encourage the growth of "ethical lending" in the personal loans space. One of the products, salary deducted loans, enables employees to authorise their employers to pay their loan repayments directly from their salary, while gaining a reductio...
Madiston plc, digital lending software vendor, has the findings of the recent The Bank Director's 2019 Technology Survey at the heart of its Digital Banking platform. Three key points from the survey: Banks top objectives: 72% of survey respondents say fuelling efficiency. 78% say improving the customer experience. Areas of IT spend: 68...
Online direct lending and the technology to support it (like Madiston's own global software platform) was explored at LendIt Europe 2017 in London, alongside Open Banking and the imminent seismic changes that could follow new regulation, PSD2 and GDPR. So what were the visions for the future? Open Banking Imran Gulamhuseinwala OBE, Trustee of the O...
Online Direct Lending can add profit to existing or new financial services firms. But the key to achieving profitability is in the lending software. The first major Peer to Peer Lenders were rightly hailed as an alternative to bank lending, offering a better deal for borrowers and lenders. They successfully did things differently from the ban...
"Buying versus building" online direct lending software - the dilemma facing financial services firms looking to meet the speed and service that Millennials and GenZ will demand from their loan provider. So what are the considerations for each and which should win the battle for precious IT budget: > SPEED TO MARKET No doubt the appr...
The lending landscape has changed and online direct lending, with many flavours from Peer to Peer Lending to International Institutional markets, being established. Whatever you're planning to offer your lenders (investors) and borrowers, what should you be considering when selecting your new digital lending software? Here is our checkl...
Finextra: Peer to Peer Lending and many other online direct lending software models are changing. We have studied different models in the online loans market for over a decade and there have been significant shifts away from lenders' self-selecting their loans; visible loan auctions; and highly parameterised lender auto-lending tools. Why the chang...
Finextra: In the recent Altfi "Peer to Peer Lending State of the Market 2019" report, Jonathan Segal, Partner at Fox Williams, predicted that higher value lending could be the next trend in P2P. Madiston plc, digital banking and capital markets software provider, supports this view having seen new opportunities emerging in direct lending marke...
CAN FINTECH HELP TACKLE THE COST OF LIVING CRISIS, CLIMATE CRISIS, WORLD PEACE? The financial sector is always pivotal in a crisis but rarely do we have so much hitting us at once. Storms of the past may pale against a potential hurricane of competing priorities coming towards us. We are not t...
Digital lending has grown as an industry into many diverse business models, but there have been many challenges faced by them all, barriers to sustainable profitability baked-in from early technology decisions... To buy or build, own or licence, outsource or in-house? All questions that have been rumbling on for decades in the financial sector.&nbs...
'Twas the night before lockdown, the ghost of past bankingWarns dinosaur bankers of losing their ranking"You move into FinTech and get with the timesOr be left cleaning dust from your pennies and dimes.A suit in the high street was fine for C. Dickensbut Madiston-ise or be left with thin pickings."'Twas the night before Christmas two thousand and t...
As thousands of financial services employees begin to work remotely, how do you get the most from your team? How do you make the most productive use of the time? How do you make sure you move your business forward and not stand still or go into reverse over the next few challenging months? The situation, particularly at the heart of Lon...
The Madiston team is very excited to have been named as a finalist in Banking Tech's Excellence in Tech Awards in the category "Best Digital Solution Provider – LendTech". We are proud to see The Madiston Lending Platform recognised in this way as one of the standout solutions in the Digital Lending space. We'll find out if we have won at the Banki...
Buy Now Pay Later (BNPL) providers have enjoyed phenomenal growth across the world over the last few years. Just from the firms surveyed by the Financial Conduct Authority (FCA), the total value of BNPL transactions between January to December 2020 was £2.7bn and is expected to grow rapidly by 2024. Flexible payment options at the Point-of-Sale (PO...
Author: Professor Brian Scott-Quinn. At one time, many people thought that fintechs would have the international retail money transfer business to themselves and that the large banks could really not compete with them. Well it is true that the large banks do very well out of retail customer FOREX transactions. But they were wrong in thinking b...
Finextra: Green investment firms this is for you.Following on from our recent blog (Can FinTech alleviate global crises?) now is a good time to look more closely at what we can all do to protect ourselves and our planet from the extreme heat we have just experienced. Climate Change won't wait for us to sort out a cost of living crisis or a war, it ...
The Madiston technical team are not just brilliant at digital banking and digital lending technology but they are also genius at coming up with entertaining fintech-specific festive poems and songs. Taking a light-hearted look at the year just gone, and looking forward to exciting times ahead, click below for their 2021 offering. Scroll down for th...