Finance News

UK Finance Reports on Invoice Finance Industry - 5 Must-Know Facts

UK Finance, which represents the collective voice of the banking and finance industry, releases quarterly reports on the Invoice Finance and Asset Based Lending industry. Here are 5 must-know facts from its most recent report.

We’re supporting a huge amount of UK business…

The recent report really helps to put things into perspective. Providers in the Invoice Finance and Asset Based Lending industry may only deal with a few thousand of SMEs at a time.  

Fintech Faces Fresh Wave of Scrutiny from Regulators

One of the biggest debates in banking and finance is the regulation of the fintech sector and how to protect consumers.

According to a new report by auditing firm KPMG UK, the pace of development in fintech is causing concern among regulators about harm to consumers and risks to the financial system.