Monzo in the Media šŸ“°

Is it the case they now meet it? It was meant to be July last year originally I think.

I don’t know if it’s still the case but it was only the top five banks that had to do it, the others were just if they could.

Barclays
RBS Group (RBS/NatWest/Ulster/Coutts)
Lloyds Group (Lloyds/Halifax)
Santander Group (Santander/Cater Allen)
HSBC (First Direct)

and
Nationwide building society

Positive clickbait :upside_down_face:

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Thats risky play by Marianna Hunt, isn’t that a sackable offence being positive about a fintech in the Torygraph.

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Other providers have previously provided access to credit scores for their customers - so Monzo isn’t the first to think of this by a long way.

Though, I believe most, if not all, have discontinued it since there are now so many free services offering the same thing.

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Barclaycard used to show Experian’s score but it literally was just their dial with the number so totally pointless.

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Not for free. Monzo are the first to do that. Source article got it wrong! Tsk. Never trust a journalist, eh?

Barclays didn’t charge customers for access to Experian credit score. It was free. :+1:

In their communications when they discontinued it in October 2019 they said it was due to new services being available elsewhere. Not a core business for them, I suspect.

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Very odd as RBS have been rolling this out credit score in app across its brands for several weeks now!

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Well, I didn’t know that. You can learn something new on here every day! Thanks! :+1:

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Ceases to be thrilling when fusty old RBS are doing it, doesn’t it?

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Capital One used to give Equifax credit reports (not just scores) to their customers for free as far back as 2008.

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Hopefully this will tie in with the original marketplace plans which appear to have been on the back burner for ages.

More of a threat to clearscore and credit karma than Experian.

Certainly not anything new but unlike barclaycard, capital one or rbs you can be sure that this is just clearing the ground for something to be built on top, rather than just a button you click which says ā€œyour score is 456, check back in 60 days to see your new scoreā€ā€¦ at least I hope not! :scream:

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We’ve had this in the planning for a long time :slight_smile:

Indeed you have as evidenced ages ago in the Android tear downs :slight_smile:

Haha - I tend to avoid the Android tear downs thread. Avoids me sticking my foot in it :see_no_evil:

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ā€œNewer app-based banks like Monzo and Starling have also sprung-up, and now boast over four million customers between themā€ :joy: :joy:

  • over five million if you put the two together :+1:
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Technically that’s a true statement, but you could take the million word out and it would still be a true statement. I’ve seen worse articles thought where it’s clear they spent no time checking and copy+paste stats from an older article.

, and now boast over four customers between them

Looks like next Weds Monzo will hit 4m.

Starling got 1m ā€œaccountsā€ back in Nov. Probably a few less customers if they are counting euro/business in that.

82 posts were split to a new topic: Monzo Tone of Voice Updates - Discussion

Has anyone seen this article?

Quite an interesting read and one of the better written pieces I’ve seen in the press.

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Can you split off the blacklist discussion into a separate topic please.

This one is for Monzo in the Media.

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