What you need to know this week
- Prices rose by 2.2% year-on-year to July 2024.
- The FCA’s CONC 8 review is now expected to start in early 2025.
- Top-ranked personal current account providers in GB include Monzo, Starling Bank, and Chase.
- Cyber-resilience remains a focus, with the ICO offering tips on securing IT systems.
- The PSR has published its response to the call for views on expanding variable recurring payments.
- The IPA reminded IPs of the IVA reporting requirements under Rule 8.26(4).
- FCA Innovation Newsletter discussed AI in debt advice and its impact on consumer experience.
- ECB is consulting on standards for enforcement work and oversight in debt recovery.
- The StepChange Connected event is scheduled for 19 September.
- The IPA Personal Insolvency Conference will occur on 28 November 2024 in Manchester.
- A webinar on technology aiding consumer outcomes is set for 11 September 2024.
- AI’s role in debt advice sector continues to expand, with concerns about customer experience.
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