The ID Co. is delighted to have released the first in a new series of podcasts, written and produced in conjunction with the Lending Standards Board.

The company has already successfully implemented and released a programme of webinars over the spring and summer months of this year, and is now supplementing this by moving into podcasts.

The ID Co. team were conscious of shifting customer sentiment, and the ability for podcasts to reach a large and previously untouched potential customer base.

In order to reach potential customers, the team decided to find a strategic partner that could help The ID Co. write, record and produce the podcast series.

After much deliberation, they were delighted to settle on a partnership with the Lending Standards Board.

The Lending Standards Board works to a single, clear remit: to promote fair lending. Their vision is to ensure that all personal and small business borrowers receive a fair deal from their lender as set out in the Standards of Lending Practice.

As a non-partisan, independent membership body, and experts in the field, they are the perfect partner organisation for The ID Co. to team up with.

With both organisations focusing on the lending sector, it was decided that the remit for the podcast would be on educating listeners on new technologies and ways of thinking that will impact upon the sector.

The podcast series was thus titled “The Future of Lending”.

The collaboration will present a series of podcasts addressing key issues faced by financial services surrounding financial technology. The series will be available on Apple podcasts, Spotify and all major podcast streaming platforms.

The first episodes was recorded in The ID Co.’s offices in the first week of October 2019, and involved conversation between Harry Hughes, the LSB’s Senior Insight Manager, and The ID Co.’s CEO, James Varga.

Episode one in the series was titled “Improving Consumer Confidence in the Use of Their Data” and the first part was released on October 22nd. The second part of the episode is to be released on Tuesday 23rd October.

Jimmy McLellan, Digital Marketing at The ID Co., said:

We're acutely conscious of the growth in popularity of podcasts and webinars. It was vital for us that in order to continue to educate and provoke debate to as wide an audience as possible, we needed a partner with real authority.

“To that end, we're delighted to have partnered with the Lending Standards Board. Their expertise has proved a real asset in the formation of this podcast, and we look forward to its reception from our customers and stakeholders.

Harry Hughes, Senior Insight Manager at the Lending Standards Board, said:

We are delighted to team up with The ID Co. to discuss the main issues facing the lending sector today and in the future. We are in an exceptional position within financial services thanks to the insight we receive from our Registered Firms.  Firms share their current concerns and questions with us, and discuss the potential challenges around the future of lending. As industry experts in financial technology, the ID Co. are perfectly placed to take a view on how lending will look in the future and how it can best be driven to benefit consumers.

Mark Neale, Interim CEO of the Lending Standards Board added:

Partnership working is a key part of how the LSB delivers its mission of promoting fair lending. The podcast with The ID Co. is a great example of this and I’m very pleased that together we can help shine a light on some of the issues facing the lending sector.

The full episode can be listened to below.


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