Featured Stories
Study Found Experian Health's Patient Access Curator Helped Prevent More Than $50 Million in Revenue Losses Among a Composite Health System
COSTA MESA, California, Sept. 22 (TNSrep) -- Experian, an information services company, posted the following news release:
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Study Found Experian Health's Patient Access Curator(TM) Helped Prevent More Than $50 Million in Revenue Losses Among a Composite Health System
The AI-powered solution reduced coordination of benefits denials by 40%, eligibility denials by 35% and registration-related denials by 20% over three years
Key Highlights:
* Study shows that Patient Access Curator helped prevent downstream billing issues by identifying and correcting coverage and payer information at intake.
*
... Show Full Article
COSTA MESA, California, Sept. 22 (TNSrep) -- Experian, an information services company, posted the following news release:
* * *
Study Found Experian Health's Patient Access Curator(TM) Helped Prevent More Than $50 Million in Revenue Losses Among a Composite Health System
The AI-powered solution reduced coordination of benefits denials by 40%, eligibility denials by 35% and registration-related denials by 20% over three years
Key Highlights:
* Study shows that Patient Access Curator helped prevent downstream billing issues by identifying and correcting coverage and payer information at intake.
*AI-powered coverage intelligence improved claim accuracy through automated coverage identification and payer determination.
* Streamlined patient access workflows reduced administrative burden and supported a better patient financial experience.
COSTA MESA, Calif., September 21, 2026 -- Experian Health's Patient Access Curator(TM), an AI-powered solution designed to help healthcare organizations prevent denials and get claims right from the start, protected $50.4 million in revenue over three years for a modeled composite health system, according to a Forrester Consulting Total Economic Impact(TM) of Experian Health Patient Access Curator study. Based on insights from five Patient Access Curator clients, the Experian Health-commissioned study found the platform reduced coordination of benefits (COB), eligibility and registration claim denials.
Hospitals spend approximately $18 billion annually attempting to overturn denied claims[1]. The study provides healthcare organizations with a framework to evaluate the potential financial and operational impact of Patient Access Curator on their own organizations. The findings reflect a growing shift among health systems toward preventing denials at registration rather than relying on costly post-claim recovery efforts.
"Healthcare leaders are increasingly recognizing that the greatest opportunity in revenue cycle management is not recovering revenue after the fact, but preventing losses before they occur," said Mindy Fortson, Chief Operating Officer at Experian Health. "The Forrester study findings demonstrate how earlier coverage intelligence can help health systems protect millions of dollars in revenue, reduce administrative burden and unlock resources that can be reinvested in other priorities."
Reducing denials accelerates the revenue cycle
Using AI-powered decisioning, Patient Access Curator is designed to automate and streamline decisions made during patient intake, where many downstream revenue cycle issues begin. It automatically validates and curates patient demographics, insurance coverage, coordination of benefits, Medicare Beneficiary Identifier information and related payer data to improve the accuracy of patient and insurance information before claims are created.
By Year 3, other results include an 80% reduction in time spent on insurance discovery activities.
To illustrate the potential impact, consider a 25-person team in which each employee previously devoted 25% of their time to insurance discovery. An 80% reduction could free approximately 10,400 hours annually, or the capacity of five full-time employees. Over three years, that represents approximately $887,000 in workforce capacity that could be redirected to more complex activities, such as resolving high-value claims, preventing denials and improving patient financial experiences.
Additionally, the study found a 45% reduction in outsourced claims and denial management costs by Year 3.
For a health system spending $5 million annually on outsourced services, that could equate to approximately $2.25 million in savings. Meanwhile, automated eligibility and coverage verification drove a 10% productivity lift among front-end staff by Year 3, helping teams work more efficiently while reducing the risk of errors that can create downstream rework.
These savings represent real resources that healthcare organizations can redirect toward patient care and other critical priorities. The model translated these operational and financial improvements into $11.5 million in risk-adjusted, present-value benefits over three years[2], which is equivalent to:
* Approximately one year of wages for 115 registered nurses
* About 115,000 primary-care visits
* Seven new MRI systems
* Approximately 38 fully equipped ambulances
The study also identified $82.2 million in accelerated cash collection, and unquantified benefits including improved employee and patient satisfaction, better collaboration between front- and back-end teams and reduced human error in coverage selection and registration. The study was conducted in August 2026.
To learn more and access the full study, go here (https://tei.forrester.com/go/Experian/PatientAccessCurator/?lang=en-us).
Methodology
Forrester interviewed five decision-makers at healthcare organizations using Patient Access Curator. For the purposes of the study, Forrester aggregated the interviewees' experiences and combined the results into a composite U.S.-based integrated health system with $5 billion in annual revenue, 20,000 employees and approximately 700,000 patients served annually.
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About Experian Health
At Experian Health, we serve more than 60 percent of U.S. hospitals and more than 5,800 medical practices, labs, pharmacies and other healthcare providers to simplify healthcare with data-driven platforms and insights that help our clients make smarter business decisions, deliver a better bottom line and establish strong patient relationships.
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We invest in talented people and new advanced technologies to unlock the power of data and to innovate. A FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 25,200 people across 33 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.
For more information about Experian Health, visit http://www.experianhealth.com. Learn more about Experian at www.experianplc.com.
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[1] American Hospital Association, "Costs of Caring Report: Challenges Facing America's Hospitals as They Care for Patients in 2026," March 2026
[2] Quantified benefits included 40% reduction in COB denials, 35% reduction in eligibility denials, 20% reduction in registration denials, 30% increase in self-pay by Year 3, 5% reduction in account receivable days, 80% reduction in time spent on insurance discovery by Year 3, and 45% reduction in claims and denial management costs by Year 3. See report for more details.
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Original text here: https://www.experianplc.com/newsroom/press-releases/2026/study-found-experian-health-s-patient-access-curator--helped-pre
[Category: BizFinancial Services]
Pega Named a Leader in Gartner Magic Quadrant and Recognized in Critical Capabilities Report for Business Orchestration and Automation Technology
CAMBRIDGE, Massachusetts, Sept. 22 (TNSrep) -- Pegasystems, a software company empowering digital transformation, issued the following news release:
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Pega Named a Leader in Gartner(R) Magic Quadrant(TM) and Recognized in Critical Capabilities Report for Business Orchestration and Automation Technology
Pega's AI orchestration and governance recognized for second consecutive year
WALTHAM, Mass. - September 21, 2026 - Pegasystems Inc. (NASDAQ: PEGA), the enterprise AI software company for mission-critical work, today announced that Gartner has named Pega a Leader in the Gartner Magic Quadrant
... Show Full Article
CAMBRIDGE, Massachusetts, Sept. 22 (TNSrep) -- Pegasystems, a software company empowering digital transformation, issued the following news release:
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Pega Named a Leader in Gartner(R) Magic Quadrant(TM) and Recognized in Critical Capabilities Report for Business Orchestration and Automation Technology
Pega's AI orchestration and governance recognized for second consecutive year
WALTHAM, Mass. - September 21, 2026 - Pegasystems Inc. (NASDAQ: PEGA), the enterprise AI software company for mission-critical work, today announced that Gartner has named Pega a Leader in the Gartner Magic Quadrantfor Business Orchestration and Automation Technology (1) and was recognized in the accompanying Critical Capabilities report (2) for the second consecutive year. Pega was named a Leader in the Magic Quadrant for its Completeness of Vision, was positioned highest for Ability to Execute, and received the highest score for both the Critical Capabilities Case Management use case and the Adaptive Work use case.
In the Magic Quadrant report, "Gartner defines business orchestration and automation technologies (BOAT) as a consolidated software platform that orchestrates and automates disparate business processes and tasks with varying degrees of autonomy and complexity across enterprise systems. A BOAT platform must provide native capabilities for AI agents' orchestration and governance and multiagent coordination. It must leverage a combination of native connectivity methods, such as model context protocol, API and UI interactions, enabling secure, end-to-end enterprise agentic process automation across diverse execution environments."
The Magic Quadrant evaluated 20 vendors across seven criteria within the Ability to Execute and Completeness of Vision categories. The Critical Capabilities report evaluated the same vendors across 10 criteria and five specific use cases, including Deterministic Workflow Automation, Case Management and Adaptive Work, Agent Governance and Runtime Control, and others.
The Magic Quadrant and Critical Capabilities reports evaluated Pega Infinity(TM), Pega's suite of solutions to help enterprises confidently scale AI. This includes Pega Blueprint(TM), the design agent that harnesses Claude, GPT, and Gemini to reimagine workflows for AI, Pega Agentic Process Fabric(TM), which orchestrates agents to automate work, Pega Process AI(TM) which optimizes and automates back-end processes, and Pega's Predictable AI(TM) agents which automate manual research, intake, document handling, and more.
These reports are among Pega's many recent analyst recognitions for its AI platform capabilities. Recently, Pega was recognized as a Leader in The Forrester Wave(TM): AI Platforms, Q3 2026 (2), the 2026 Gartner Magic Quadrant for Process Intelligence Platforms (3), The Forrester Wave(TM): Real-Time Interaction Management Software, Q4 2025 (4), The Forrester Wave(TM) for Digital Process Automation, Q3 2025 (6), and The Forrester Wave(TM): AI Decisioning Platforms, Q2 2025 (7). For more background on these and additional analyst reports, visit www.pega.com/analyst-reports.
Quotes & Commentary:
"AI becomes effective when given a harness that orchestrates agent work, ensuring agents operate in the right context, collaborate seamlessly, and deliver trusted outcomes," said Kerim Akgonul, chief product officer, Pega. "We believe this recognition from Gartner reflects Pega's unique ability to combine AI agents with the workflow orchestration, governance, and controls organizations need to confidently drive meaningful business transformation."
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1. Gartner, Inc., "Magic Quadrant for Business Orchestration and Automation Technologies, Q3 2026" by Saikat Ray, Arthur Villa, Sachin Joshi, Adam Briggs, Tushar Srivastava, Mike Warren, September 14, 2026
2. Gartner, Inc., "Critical Capabilities for Business Orchestration and Automation Technologies" by Arthur Villa, Sachin Joshi, Saikat Ray, Adam Briggs, Mike Warren, and Tushar Srivastava
3. Forrester Research, "The Forrester Wave(TM): AI Platforms, Q3 2026" by Mike Gualtieri and Rowan Curran, with contributors Sudha Maheshwari, Kylie Cadogan, and Jen Barton
4. Gartner, Inc., "Magic Quadrant for Process Intelligence, Q2 2026," by Tushar Srivastava, David Sugden, Marc Kerremans, May 5, 2026
5. Forrester Research, "The Forrester Wave(TM): Real-Time Interaction Management Software, Q4 2025" by Rusty Warner, with contributors Martin Gill, Emily Doherty, and Christine Turley, November 17, 2025
6. Forrester Research, "The Forrester Wave(TM): Digital Process Automation Software, Q3 2025," by Crair Le Clair, with contributions from Chris Gardner, Renee Taylor - Huot, Faith Born, and Kara Hartig, October 2025
7. Forrester Research, "The Forrester Wave(TM): AI Decisioning Platforms, Q2 2025," by Mike Gualtieri with contributions from Sudha Maheshwari, Bardia Razzaghi, and Jen Barton, June 10, 2025
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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Original text here: https://www.pega.com/about/news/press-releases/pega-named-leader-gartner%C2%AE-magic-quadrant%E2%84%A2-and-recognized-critical-0
[Category: BizComputer Technology]
Hughes Hubbard: Jeremy Paner Discusses Sanctions Risks for Companies Providing Services to IRGC-Linked Entities With Fox News
NEW YORK, Sept. 22 -- Hughes Hubbard and Reed, a law firm, issued the following news:
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September 21, 2026
Jeremy Paner Discusses Sanctions Risks for Companies Providing Services to IRGC-Linked Entities with Fox News
Analyzes a Chinese tech company's risk exposure arising from apparent services to the Persian Gulf Straits Authority.
Highlights
* A Chinese certificate authority's issuance of digital security credentials to Iran's sanctioned Persian Gulf Straits Authority raises U.S. sanctions concerns.
* Even routine or automated services provided to sanctioned Iranian entities creates
... Show Full Article
NEW YORK, Sept. 22 -- Hughes Hubbard and Reed, a law firm, issued the following news:
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September 21, 2026
Jeremy Paner Discusses Sanctions Risks for Companies Providing Services to IRGC-Linked Entities with Fox News
Analyzes a Chinese tech company's risk exposure arising from apparent services to the Persian Gulf Straits Authority.
Highlights
* A Chinese certificate authority's issuance of digital security credentials to Iran's sanctioned Persian Gulf Straits Authority raises U.S. sanctions concerns.
* Even routine or automated services provided to sanctioned Iranian entities createssanctions risk exposure for non-Iranian companies.
* Ongoing remediation and enhancements to sanctions compliance programs remain critical when identifying potential exposure to IRGC-linked entities.
-
Jeremy Paner spoke with Fox News about the U.S. sanctions risk exposure for companies providing services involving Iran's Islamic Revolutionary Guard Corps (IRGC).
Discussing the scope of U.S. sanctions designation authorities, Paner emphasized that even routine, automated services can expose non-Iranian companies to sanctions risk.
"The U.S. has incredibly broad authority to impose sanctions on non-Iranian companies that provide any sorts of services to sanctioned Iranian companies," Paner said. "Many times, that authority will be abbreviated or explained as being providers of material support to sanctioned Iranian companies. But in fact, any level of services whatsoever could be the basis for the United States imposing sanctions against the company for providing services to Iran."
Paner also explained why the issuance of digital security credentials to a sanctioned Iranian entity could create sanctions exposure, regardless of whether the service was provided through an automated process.
"Restoration of the certificate is unequivocally sanctionable," he said. "Restoring the certificate is/was a service provided to the PGSA, which can be the basis for imposing sanctions pursuant to Executive Order 13224, as amended. That authority does not in any way require that the service be 'knowingly' provided to the PGSA [Persian Gulf Straits Authority]."
Paner highlighted the discovery of the potentially sanctionable services as a chance for the company to remediate its Iran exposure and compliance protocols.
"OFAC would expect TrustAsia to use the discovery as an opportunity to enhance its compliance program before it is too late," he said. "Iran's attempt to extort the world in the movement of oil through the Strait of Hormuz is of the utmost importance to OFAC, which is the agency that implements and enforces U.S. economic sanctions."
Paner also addressed the broader risks associated with doing business with IRGC-linked entities.
"There's always reputational risk involved in any company that decides to do business with the IRGC," Paner said. "If I were advising TrustAsia, I would at minimum immediately identify all other IRGC companies receiving services."
Read the article (https://www.foxnews.com/world/china-firm-gave-iran-lifeline-collect-hormuz-tolls-before-pulling-plug-amid-us-warning).
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Featured Lawyers
Jeremy P. Paner
Partner
Locations
Washington, D.C.
jeremy.paner@hugheshubbard.com
202/721-4614
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Original text here: https://www.hugheshubbard.com/news-insights/insights/jeremy-paner-discusses-sanctions-risks-for-companies-providing-services-to-irgc-linked-entities-with-fox-news
[Category: BizLaw/Legal]
Herbert Smith Freehills Kramer Advises COFIDES on Its Euros30 Million LP Investment in Mustard Seed + Partners Fund I
NEW YORK, Sept. 22 -- Herbert Smith Freehills Kramer LLP, a law firm, issued the following news:
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Herbert Smith Freehills Kramer advises COFIDES on its Euros30 million LP investment in Mustard Seed + Partners Fund I
21 Sep 2026
Leading global law firm Herbert Smith Freehills Kramer has advised COFIDES, Spain's state-owned development finance institution, on its Euros30 million investment in Mustard Seed + Partners Fund I (the Fund), a European thematic private equity fund targeting Euros300 million.
The investment was made through the Social Impact Fund (FIS), a public instrument created
... Show Full Article
NEW YORK, Sept. 22 -- Herbert Smith Freehills Kramer LLP, a law firm, issued the following news:
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Herbert Smith Freehills Kramer advises COFIDES on its Euros30 million LP investment in Mustard Seed + Partners Fund I
21 Sep 2026
Leading global law firm Herbert Smith Freehills Kramer has advised COFIDES, Spain's state-owned development finance institution, on its Euros30 million investment in Mustard Seed + Partners Fund I (the Fund), a European thematic private equity fund targeting Euros300 million.
The investment was made through the Social Impact Fund (FIS), a public instrument createdunder Spain's Recovery, Transformation and Resilience Plan and financed by NextGenerationEU. Managed by COFIDES and attached to the Ministry of Inclusion, Social Security and Migration, the FIS supports companies and entities generating measurable social and environmental impact.
Co-founded by senior investors with a combined 40+ years' private equity experience at KKR, Goldman Sachs, BlackRock and Mubadala, the Fund targets mid-market growth companies aligned with megatrends including energy transition, resource efficiency, and human capital and essential services.
Herbert Smith Freehills Kramer advised COFIDES from an LP perspective throughout the process.
The transaction underscores the growing role of development finance institutions in European private equity and the increasingly sophisticated legal frameworks needed for cross-border LP-side mandates.
The team was led by investment funds partner Joanna Pecenik Verges d'Espagne (Luxembourg/Paris), with investment funds senior associate Nicolas Haas and associate Thomas Crahay (both Luxembourg), and tax partner Jean-Dominique Morelli and tax associate Adrien Kleinschmidt (both Luxembourg).
The mandate further builds the firm's Luxembourg investment funds practice, which advises amongst others, institutional clients, development finance institutions and private funds on alternative investments across private equity, credit, infrastructure and real assets funds.
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URL: COFIDES
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Original text here: https://www.hsfkramer.com/news/2026-09/hsf-kramer-advises-cofides-on-its-30-million-lp-investment-in-mustard-seed-and-partners-fund-i
[Category: BizLaw/Legal]
Fisher Phillips Issues Insight: Florida's Minimum Wage is Rising Sept 30 - Is Your Business Ready to Comply?
ATLANTA, Georgia, Sept. 22 -- Fisher Phillips, a law firm, issued the following Insight:
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Florida's Minimum Wage is Rising Sept 30: Is Your Business Ready to Comply?
Sep 21, 2026
Florida's Minimum Wage is Rising Sept 30: Is Your Business Ready to Comply?
Florida employers need to prepare for a minimum wage hike to $15 an hour on September 30. And if you have tipped employees, you'll need to pay them at least $11.98. This is the last of the annual increases voters approved in 2020. We'll tell you what's changing and the steps you should consider taking now to comply.
Here's What's New
In
... Show Full Article
ATLANTA, Georgia, Sept. 22 -- Fisher Phillips, a law firm, issued the following Insight:
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Florida's Minimum Wage is Rising Sept 30: Is Your Business Ready to Comply?
Sep 21, 2026
Florida's Minimum Wage is Rising Sept 30: Is Your Business Ready to Comply?
Florida employers need to prepare for a minimum wage hike to $15 an hour on September 30. And if you have tipped employees, you'll need to pay them at least $11.98. This is the last of the annual increases voters approved in 2020. We'll tell you what's changing and the steps you should consider taking now to comply.
Here's What's New
InNovember 2020, Florida voters approved a constitutional amendment that gradually increases the state's minimum wage to $15 per hour for most non-exempt employees by 2026. Notably, the tip credit for Florida hospitality employers that claim it will remain $3.02 per hour, which means you'll have to cover the extra dollar for tipped employees, too.
The state's hourly minimum wage increased from $8.65 to $10 in 2021 and has been rising by $1.00 each year on September 30. This September brings the final increase and the following minimum wage requirements:
* $15.00 for most non-exempt employees
* $11.98 for tipped employees
Potential Penalties
All Florida employers are required to comply with the new minimum wage requirement. If an employee is not paid at the required rate, they could be entitled to recover back wages plus damages and attorneys' fees and costs under the state's wage theft law and the Florida Minimum Wage Act. In addition, employers found liable for intentionally violating minimum wage requirements could be subject to a $1,000 fine per violation.
* Hospitality Compliance Tip: Refresh Your Tip Credit Notice Before September 30
Under the federal Fair Labor Standards Act, you can take a tip credit only if you've informed the tipped employee of the tip credit provisions first. The notice has to cover:
1. The direct cash wage you're paying, which in Florida rises to $11.98 on September 30
2. The additional amount you're claiming as a tip credit, which in Florida can't exceed $3.02
3. That the tip credit can't exceed the tips the employee actually received
4. That the employee keeps all tips, except through a valid tip pool limited to employees who customarily and regularly receive tips
5. That the tip credit doesn't apply unless the employee has been informed of these provisions
What Should You Do Now?
Here's what you should do to prepare for the new wage rate and stay compliant:
1. Make sure payroll is set up to capture the new minimum wage ahead of the September 30 effective date.
2. Update the required minimum wage poster to reflect the new rate. As a reminder, all employers are required to post federal and Florida employment law posters where they can be easily seen by employees.
3. Be aware of local wage theft ordinances. Several counties around the state have their own wage theft ordinances that provide for more relief than the state law. For example, if an employee files a wage theft claim in Miami-Dade County through the county's Wage Theft Program, employers face paying three times the amount of wages owed to an employee.
4. Check compliance with tip credits and tip pools. Employers that take a tip credit must ensure that tipped employees still receive at least the new minimum wage when tips are included. If your payroll system or tip pool does not properly account for the increase, you could inadvertently invalidate the tip credit and violate wage laws. Review your pay practices and any tip-sharing arrangements to confirm they remain compliant under the new rate.
5. Plan for what comes after 2026. The voter-approved phased increases end with this one, but Florida's minimum wage won't stay at $15 indefinitely. The Department of Commerce could make annual inflation adjustments, and we expect minimum wage hikes to make their way onto the ballot again in the near future. Employers should track these developments for both compliance and budgeting purposes.
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Related People
Lindsay Massillon
Of Counsel
lmassillon@fisherphillips.com
954/847-4707
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Brett P. Owens
Partner
bowens@fisherphillips.com
813/769-7512
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Original text here: https://www.fisherphillips.com/en/insights/insights/floridas-minimum-wage-is-rising-sept-30
[Category: BizLaw/Legal]
FICO: UK Consumers Rein In Credit Card Spending in July But Balances Hit Record High for Second Month
SAN JOSE, California, Sept. 22 (TNSxrep) -- FICO, an analytics software company, issued the following news:
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UK Consumers Rein In Credit Card Spending in July but Balances Hit Record High for Second Month
FICO UK Credit Card Market Report for July 2026 underlines need for vigilance by risk teams as affordability rules of new BNPL regulations could shift more spending onto cards
LONDON, 21 September 2026: After an increase in spending on credit cards in June, data analysis by global analytics software leader FICO (NYSE: FICO) shows a drop in July. However, despite lower spending, the average
... Show Full Article
SAN JOSE, California, Sept. 22 (TNSxrep) -- FICO, an analytics software company, issued the following news:
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UK Consumers Rein In Credit Card Spending in July but Balances Hit Record High for Second Month
FICO UK Credit Card Market Report for July 2026 underlines need for vigilance by risk teams as affordability rules of new BNPL regulations could shift more spending onto cards
LONDON, 21 September 2026: After an increase in spending on credit cards in June, data analysis by global analytics software leader FICO (NYSE: FICO) shows a drop in July. However, despite lower spending, the averageactive balance climbed to a new record high for the second consecutive month. With payment rates displaying a modest month-on-month recovery but remaining below last year's levels, and late payments continuing to deteriorate year-on-year, risk teams will need to retain heightened monitoring.
The consequences of the new FCA regulation for the Buy Now Pay Later sector, introduced on 15th July 2026, could also see a shift in spending to credit cards, which could put some modest upward pressure on average active balances over the coming months.
Highlights
* Average spending fell 2% month-on-month to pound sterling815.
* Average active balance increased by 0.4% month-on-month to pound sterling1,980, reaching a record high for the second consecutive month and remaining 4.7% higher year-on-year.
* After falling in June, the percentage of overall balance paid rose by 0.9% month-on-month to 33.6%.
* The percentage of customers missing one payment increased by 11.5% month-on-month, while average balances for these accounts remained flat at pound sterling2,495, but is 4.6% higher year-on-year.
* There was a marginal increase of 0.7% in the percentage of customers missing two payments, but this is still 11% higher year-on-year - although the average balance decreased by 0.7% month-on-month to pound sterling2,930.
* Accounts with three missed payments rose by 9.6% month-on-month, and 16% year-on-year, with balances increasing by 1.5% month-on-month to pound sterling3,310.
* Average credit limits increased to pound sterling5,995, remaining 2.1% higher than the previous year, although overlimit accounts decreased by 3.4% month-on-month.
FICO Comment:
There were some encouraging signs in July 2026, relative to recent months. However, record-high average active balances and continued year-on-year late payment deterioration across all three cycles confirm that affordability pressures are very real concerns for UK consumers. Moderation in year-on-year balance growth for two- and three-cycle delinquent accounts, combined with overlimit accounts running almost flat year-on-year, suggests that while more customers are falling into arrears, those already in the most severe stages of delinquency are not seeing their balances escalate as rapidly as previously.
Risk teams should continue to focus on early intervention for the growing one-month missed payment customers, as well as monitor the balance patterns for accounts with three missed payments.
Other factors that should be monitored by risk teams include the possible consequences of the new FCA regulation for the Buy Now Pay Later sector, requiring firms to carry out an affordability assessment before extending credit. The new checks may see some customers declined, who would previously have been accepted for BNPL. Where these customers also hold a credit card, spending is likely to shift onto that card.
Separately, recent research by StepChange found that around eight million UK adults find keeping up with their credit card repayments a large burden every month, while around five million have recently used a credit card to pay for essential household bills such as food, energy or fuel. Alongside July's record balances and persistent late payment growth, this indicates that a meaningful segment of cardholders is already leaning on credit to manage day-to-day essentials.
Risk teams should consider both dynamics when calibrating affordability assessments and collections strategies over the coming months.
Key Trend Indicators UK Cards - July 2026
Metric ... Amount ... Month-Month Change ... Year-Year Change
Average UK Credit Card Spend ... pound sterling815 ... -2.0% ... +1.8%
Average Card Balance ... pound sterling1,980 ... +0.4% ... +4.7%
Percentage of Payments to Balance ... 33.6% ... +0.9% ... -3.6%
Accounts with One Missed Payment ... 1.5% ... +11.5% ... +9.1%
Accounts with Two Missed Payments ... 0.3% ... +0.7% ... +11.0%
Accounts with Three Missed Payments ... 0.2% ... +9.6% ... +16.0%
Average Credit Limit ... pound sterling5,995 ... +0.2% ... +2.1%
Average Overlimit Spend ... pound sterling95 ... +2.1% ... +5.5%
Cash Sales as a % of Total Sales ... 0.8% ... +0.6% ... -2.4%
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Original text here: https://www.fico.com/en/newsroom/uk-consumers-rein-credit-card-spending-july-balances-hit-record-high-second-month
[Category: BizComputer Technology]
C-SPAN Statement Regarding White House Ban on CNN, MS NOW, and POLITICO
WASHINGTON, Sept. 22 -- C-SPAN, a public affairs network providing Americans with unfiltered access to congressional proceedings, issued the following news release:
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C-SPAN Statement Regarding White House Ban on CNN, MS NOW, and POLITICO
For nearly five decades, C-SPAN has advocated for greater public and media access to our democratic institutions. We have urged Congress to open more of its proceedings to independent television coverage, called on the Supreme Court to allow cameras in its courtroom, and consistently supported greater access to the presidency.
C-SPAN typically stays out
... Show Full Article
WASHINGTON, Sept. 22 -- C-SPAN, a public affairs network providing Americans with unfiltered access to congressional proceedings, issued the following news release:
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C-SPAN Statement Regarding White House Ban on CNN, MS NOW, and POLITICO
For nearly five decades, C-SPAN has advocated for greater public and media access to our democratic institutions. We have urged Congress to open more of its proceedings to independent television coverage, called on the Supreme Court to allow cameras in its courtroom, and consistently supported greater access to the presidency.
C-SPAN typically stays outof the news cycle and lets the sights and sounds of politics speak for themselves. But access to America's leaders and institutions is at the heart of our public service mission -- and throughout our history, our colleagues in the news media have supported our efforts to bring more openness to government.
It is in that same spirit that we urge the Trump administration to reverse its decision and immediately restore White House access to CNN, MS NOW and Politico.
C-SPAN stands in solidarity with our colleagues as they seek to simply do the work that America's constitution guarantees them the freedom to do and upon which our democracy depends.The answer should always be more access to our government, not less. That openness serves the American public and strengthens our democracy.
Statement from Sam Feist, C-SPAN CEO
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Original text here: https://static.c-spanvideo.org/files/pressCenter/C-SPAN+Statement+on+Media+Access.pdf
[Category: BizMedia]
