Monevo May Newsletter
May Monevo Newsletter

Monevo May Newsletter

Stay on top of global developments in the fintech industry with our newsletter. Bringing our expert insights and updates straight to your inbox.


From Monevo:

Canopy and Monevo partner to empower renters' financial health

Canopy x Monevo

With this new partnership, Canopy can now offer renters loans, credit cards, and other financial products, providing additional support in managing their finances. Read the full story of Canopy and Monevo partnering to empower renters' financial health.????

Trailblazing Tech Awards

Trailblazing Tech Awards Shortlist Monevo

??Monevo was shortlisted for the pro-manchester Trailblazing Tech Awards, competing against a record number of entries. Being recognised alongside an impressive lineup of new tech products and businesses was an honour. This recognition is a testament to Monevo's commitment to technological innovation and providing groundbreaking solutions.

TransUnion Financial Services Summit and Rakuten Optimism!

Our US team was very busy attending the 2024 TransUnion Financial Services Summit and Rakuten Optimism this month. They spoke with publishers and financial institutions about delivering prequalified credit card and personal loan offers, gained insights and connected with peers.????


From the USA:

Federal judge blocks White House plan to curb credit card late fees ????

Federal Judge Blocks Biden Administration's Effort to Slash Credit Card Late Fees - "What's Next?" Dive into the controversy surrounding the injunction granted by Judge Mark Pittman and the implications for consumers and businesses. Read the full story to understand the ongoing legal battle and its potential impact on credit card users across the U.S.

U.S. Economy to Get a Price Check This Week With Twin Reports on Inflation

??Get the latest insights into the state of inflation, consumer spending, and the housing market in 2024. Understand how these economic indicators are shaping the current financial landscape and what they could mean for the future. Stay informed about the potential impacts on interest rates, consumer behavior, and more. Check out the full article for a comprehensive analysis of the latest economic reports and their implications.??

???Episode 25: Trends in the Card Industry: From Generational Preferences to Responding to Risk

Join industry experts Craig and Josh as they dive into the latest trends and preferences in the card industry, with guest FJ Guarrera putting them in the hot seat. From macroeconomic views to strategies for alleviating marketplace pressures, this episode of TransUnion's Podcast offers valuable insights for lenders and issuers.


From the UK:

Access to credit and illegal lending: The shape of the market is as important as the size

Fair4All Finance's new report analyses the evolving consumer credit market, noting the increasing use of unregulated loans due to reduced traditional lending options. The report emphasises the need to make affordable credit more accessible. Learn about the challenges low-income households face and proposed solutions in the full report.

Bank Rate maintained at 5.25% - May 2024

Discover the latest Monetary Policy Summary and minutes of the Monetary Policy Committee meeting. Gain valuable insights into the decisions impacting the economy and inflation targets. Stay informed and make informed decisions. Read more in the full article.??

Building our societies through lending and savings????

Uncover the thought-provoking speech by Emily Shepperd, FCA Chief Operating Officer, at the Building Societies Annual Conference. Gain valuable insights into the evolving role of building societies to support under-served communities, embrace technology, and ensure responsible lending practices. Take advantage of this in-depth analysis of the challenges first-time buyers face and the changing landscape of the mortgage market here.

Emerging Financial Services Trends and The Future of Banking

????Dive into the Future of Banking: A Comprehensive Analysis of Trends and Implications for 2024 and Beyond. Gain valuable insights into the evolving regulatory environment, meeting consumer expectations, the influence of FinTechs, and the importance of customer hyper-personalization, technology, and innovation. Stay ahead of the curve in the dynamic world of banking by delving into this thought-provoking article.


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