As UK lending and leasing breaks out of its traditional mould and new innovators challenge the old way of doing things, an exciting opportunity is arising for leading proponents to air their views.
New technologies and fresh attitudes to lending have enabled a raft of “disruptive lenders” to put their plans into action and establish new but sustainable business models.
At the Linedata Exchange London 2015 on October 6, 2015 the changing face of UK lending will be examined in detail – and grilled by the British Bankers Association.
Matt Herbert, Director Of Strategy & Digital, British Bankers Association.
Matthew joined the BBA in September 2014 and leads the BBA’s strategy and digital innovation programme, working closely with member banks and other financial sector organisations on key strategic issues.
Previously, Matthew was a Director of the BBA Retail team and worked as a legal counsel at Close Brothers Bank in London, and was an Associate Director at the New Zealand Bankers’ Association and worked as a banking and finance solicitor at Russell McVeagh in New Zealand.
Richard Saulet, director, Metro Bank will introduce the reasons for success of the first new UK high street bank in over 100 years.
As the traditional High Street banks continue to escape the consequences of the Great Recession, Metro Bank, which started with four stores in 2010 in Holborn, Earl's Court, Fulham and Borehamwood, now boasts 36 stores across Greater London and aims to have a total of 150 stores by 2020. How does Metro Bank manage to stay open seven days a week 362 days a year?
Meanwhile, from a standing start a few years ago Peer-to-peer lending is growing at a rapid pace and is already providing small business loans in addition to personal lending.
Nick Harding, chief executive of Lending Works founded the company with the belief that financial services should be “fair”. By directly connecting its customers with each other to perform a financial transaction, Lending Works is able to offer outstanding investment returns to lenders and low cost, flexible loans to borrowers.
Also taking part is John Lindsay who recently founded the consultancy JLSR Limited following more than 20 years in the asset finance, leasing and automotive industries.
Lindsay has previously taken key roles in new business and portfolio acquisitions, key IT projects, new business start-ups, outsourcing and vendor management programmes in addition to assuming full P&L responsibility for multi million pound asset portfolios involving substantial residual value risk and multiple stakeholders.
