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BSA blog

News and views on topical issues from BSA staff and guests.

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Will fintech transform UK financial services in the next 10 years?

21 February 2020

Ahead of the BSA’s second Understanding Fintech course on 17 and 18 March, the BSA asked the course teacher Richard Johnson to give his predictions about the future of fintech and how building societies might use technology to leverage their social purpose

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Guest blog: Making employee well-being a board level priority

20 February 2020

Miles Advisory shares why they think well-being is important to our sector's workforce.

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Guest blog: Does your counter cheque make the ‘grade’?

11 February 2020

With the electronic transfer of the cheque image, this clearing cycle has been reduced to two working days for access to cleared funds. However, the process presents some new challenges.​

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BSA supports Take Five campaign

05 February 2020

The BSA is supporting the latest Take Five campaign, which incorporates updated messaging, general advice and an industry toolkit for use by financial services to help customers spot and prevent acts of fraud on their accounts.

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Guest blog: Don’t delay SONIA transition due to hedge accounting issues, here are some approaches…

27 January 2020

SONIA vs LIBOR: Joe Di Rollo, ALMIS International MD, shares his thoughts

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Pioneering mutuals early adopters of Open Banking

11 December 2019

Since Open Banking launched in 2018 giving consumers control over their own data, there has been a mountain to climb in terms of the technical implementation to make it a reality. However, building societies and credit unions have been some of the early pioneers using Open Banking in the market.

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“Finish the job!” ...time for the Treasury to pick up the dropped baton for credit unions

29 November 2019

Jeremy Palmer, BSA Head of Financial Policy urges the Treasury to pick up and complete the task of widening credit union powers that has been held up for five years since the original policy decisions were made.

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BSA Conference 2020: Venues announced

28 November 2019

Plans for the BSA Annual Conference 2020 are in full swing. If you are planning to attend, here's some information you may find useful.

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Savers £450 million better off with building societies in first half of 2019

22 November 2019

People saving with building societies earned over £450 million more in interest than if they’d received the average interest rate paid by the major banks across the first half of 2019.

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Building societies go for gold and dominate the winners list at the 2019 Mortgage Finance Gazette Awards

21 November 2019

With 9 trophies and 15 highly commended nods across 13 categories, people really are better off with a building society.

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“Simpler, not weaker” - why the PRA is on the right track... with or without robots!

31 October 2019

The BSA's Jeremy Palmer welcomes some profound and insightful observations contained in Sam Woods’ speech – “Credit union meets robot” - given on 24 October at the Mansion House.

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Guest blog: Mortgage sector on the cusp of a digital revolution

29 October 2019

Pradeep Ramen, director of digital solutions at DPR, talks about how the UK mortgage market is finally starting to embrace digital technology that has already transformed the US mortgage market.

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