Metrics Monthly Q1 | 22

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Editor's letter

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Welcome back to your quarterly edition of Metrics Monthly! Spring is officially here and the easing of Covid restrictions has left me with a spring in my step, and a positive outlook on the year ahead.

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Our own product, OpenBankVision (OBV), is a revolutionary bank state- ment data platform that could help you make better lending decisions. Find out more by watching our video on page 21. Whilst our lives may be returning to normality, automated decisioning is only set to evolve and adapt further, which we look at in more detail in 'data comes of age' . A less positive change in the industry is that of the Buy Now Pay Later sector facing tighter regula- tions, but this need not have the same crushing impact as it did on payday lending according to CEO David Wylie. Read the full story on page 14. I hope you enjoy reading this issue of Metrics Monthly and the warmer days ahead, and I look forward to catch- ing up with you for our next quarterly issue. In the meantime, I'll be dusting off the patio furniture and planning that long-awaiting Summer break after what's seemed like a long, challenging couple of years.

The sudden onset of what felt like an early Summer sparked debates among many as to how many layers to leave the house with, and whether it was too soon to bring out the flip flops. Amidst proud declarations of having our first ice-cream of the year, the rising level of inflation has also got us all talking, but it's not necessarily a bad thing according to LendingMet- rics' CTO Neil Williams. In our article 'inflationary borrowing spike', he con- siders how this could lead to bumper levels of spending come mid-Spring, which is good news for many in the finance sector. This quarter also saw the 2 year anni- versary of the first country-wide restric- tions to be put in place as a result of the pandemic. That's not the only anni- versary of note though, as the Open Banking initiative turned four years old, and to celebrate the occasion we look back at how far it has come on page 06.

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Georgia Pullen Design and Communications Executive

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