RO-AR

Accounts Receivable, Finance, Business related news and links

Key Reading: December 2016 #roar

Economic UK service sector activity smashes forecasts Canadians now owe $1.67 for every $1 disposable income as debt load hits fresh record Mortgage lending crashes 11% as housing market faces slowdown Universal Credit has a ‘considerable impact’ on arrears levels…

Banks turning to voice recognition – BBC News

Voice as a form of secure ID is becoming more widespread, with Barclays announcing it is using the technology for telephone banking customers.All Barclays’ personal telephone banking customers are eligible to use the system, although they can opt out.The technology…

Canada’s Competition Bureau sets sights on fintech

Canada’s Competition Bureau has launched a fintech market study, looking into the effect that technology-led innovation is having on the financial services industry and whether it could require regulatory changes. Source: Canada’s Competition Bureau sets sights on fintech

The Anatomy of a Social CEO | WIRED

Being a Social CEO can create multiple benefits, including better communications, an improved brand image, increased transparency, and greater employee morale — all of which help to increase leadership effectiveness. Source: The Anatomy of a Social CEO | WIRED

OSFI vs OFSI

In international regulatory news… we now have OSFI and OFSI. Both important, both very different… and need to watch the typing…!

From today it’s a lot easier to go bankrupt

Some new changes. It is now easier than ever to go bankrupt in England and Wales Changes being introduced today will make it simpler and cheaper. Applications to enter bankruptcy will be made online rather than by petitioning the court…