UK

Price walking [common in the insurance industry] a form of price discrimination whereby existing customers, especially long-standing customers, incur a loyalty penalty over new customers. This is taken from our Unfiltered newsletter. Subscribe now for a no BS, uncensored analysis of fintech news and hot topics delivered to your inbox each fortnight.

The financial services industry has faced an enormous amount of disruption in recent years. We’ve seen significant changes everywhere from payments to current accounts and investments accounts to modern credit products.

Returned funds, missed targets and plenty of outrage in the media. How have things gone so wrong for the BCR?

We’ve only gone and won another award. Again.

As the German challenger prepares to leave British shores, what can we learn about its attempts to break into the market?