Credit Kudos and Paylink Solutions announce partnership

10th October 2018 Consumer Collections |

Challenger credit bureau Credit Kudos has announced that it has created an Open Banking technology partnership with software development business Paylink Solutions. Using Open Banking, Paylink Solutions has a more efficient and secure process in place for individuals to provide financial information, rather than having to manually input these details and upload documents. Susan Rann,…

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AMI responds to the FCA directory consultation

10th October 2018 Consumer Collections |

The Association of Mortgage Intermediaries (AMI) has responded to the FCA consultation on a new directory which will continue to show Appointed Representatives after the Senior Managers & Certification Regime has been extended.  This meets the requirements set out under the Mortgage Credit Directive.  The AMI says it supports the addition of mortgage advisers to this list to…

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SSE/Npower merger receives final clearance

10th October 2018 Consumer Collections |

The Competition and Markets Authority (CMA )has decided that the proposed merger between SSE Retail (SSE) and Npower can proceed, following a thorough review. The decision comes after a provisional clearance from the inquiry group of independent Competition and Markets Authority (CMA) panel members, who investigated how the merger would affect householders. The group specifically examined competition concerns around…

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Consumer spending restricted by low awareness of credit options

10th October 2018 Consumer Collections |

Consumer spending across a wide range of UK business sectors is being restricted due to low awareness levels around the availability of point-of-sale credit options. The figures come from a new research report, which found that if consumers didn’t have the immediate funds to purchase something they wanted, just 6% would think to check if…

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