UK’s Short-term Lending Business ‘Desperate’ for Innovation

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The UK’s high-cost temporary financing industry (HCST) has seen a big upheaval within the last few year – perhaps way more than just about some other regulated industry in britain. While the Financial Conduct Authority introduced brand new policies in January 2015 such as for instance day-to-day cost cap and a tougher authorisation procedure, it’s taken some years to begin …