Tag: Mark Dryden
He was business development director, progressing from head of development and QA and senior software developer.
This is a long and slow burn.
An end-to-end system needs the collaboration and coordination of the industry, not individual players.
The forums have revealed there is still a clear demand for specialist lending as customers can have a blip on their credit profile, are looking at purchasing a property that some lenders may not want to lend on or the customer has an irregular income.
Blockchain provides a digital ledger in which transactions made are recorded chronologically and publicly.
The General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679) is intended to strengthen and unify data protection for individuals and will replace the Data Protection Act.
Open Banking has been broken since day one and Facebook isn’t helping.
Robo-advice certainly has the potential to deliver changes to society as a whole, albeit probably not to heights of smartphone cameras or lightweight structural carbon fibre.
The changes will mean customers need to ‘opt in’ to their data being used, while they can also request to have their personal data deleted or removed if there’s no reason for it to be held.
As the industry begins to wake up to the new realities of how GDPR will affect the financial services sector, it is worth describing the context.