An analogy of the pitfalls of a DIY loan management platform. It's all about the choices we make… Our next-door-but-one neighbour Wayne chose to install his own kitchen using, as much as possible, second-hand purchases from online auctions and hence save lots of money. Having spent evenings and weekends for weeks finding a set of kitchen units that...
If we believe what we read in the press, Fintech and Banking employment seems to be a veritable roller coaster ride. First recruitment on the rise, then a redundancy round, all endlessly repeated in a spiral of heartache and cost. Surely the peaks and troughs of business should be managed by technology? In a tech-native industry like Fintech and an...
Article published in the Business Reporter on 20 June 2024 that identifies the gaps in digital lending software. These views are based on discussions with various industry participants, highlighting what should be available in lending technology and proptech systems to satisfy the whole lending ecosystem. Read more...
Author: Professor Brian Scott-Quinn.You may not be aware of this but it is a fact that Volkswagen AG has been looking at scenarios in which it no longer has more than a niche place in the automative world! Why else would it have decided to put €1bn into a small car manufacturer with a commitment to increase this to €5bn - and even more so when this...
Thank you to the organisers of Credit Week 2024! Online lending software specialist, Madiston plc, was represented at Credit Week at the Celtic Manor from Sunday 16 June to Wednesday 19 June 2024 by our Global Business Development Director, Wesley Brooks. Wes found the event to be an excellent forum for gathering ideas, meeting new people and reaff...
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...