Madiston was delighted to sponsor an illuminating discussion with specialists in lending automation on the future of LendTech and PropTech. The discussion was led by Business Reporter's FinTechTalk host, Charles Orton-Jones and Madiston was joined in the panel comprising experts in the lending field from Roma Finance, Midas Advisory Services and Mo...
There are three rhino species currently on the critically endangered list, and while monetary greed has been the leading force of this demise, it was a cryptocurrency, Rhino Coin, that was set up to help save the rhino. Also on the endangered list could be the Norwegian Krona, the Swedish Krona and the Finnish Euro (in Finland, the Markka beca...
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...
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...
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...
There are a number of obvious hurdles like regulation, prudential requirements, experienced workforce but gone are the days that "technology" is one of those hurdles.You used to see eye-watering sums of money spent on technology just to get to launch, only to discover six months later, the tech that you thought you needed, only does half the ...
Peer to peer lending and borrowing (P2P), or more particularly, consumer P2P, is not dead, it has just been beaten up by bad actors, bandwagon jumpers and poor execution! In 2009 the notion for P2P was that "technology would take the strain" and it would beat banks at their own game. Unfortunately, that promise has not been delivered by many. Poor ...