Mazars announces new Partner appointment

28th February 2017 Commercial Credit Management |

Mazars has announced the appointment of Adam Simpson as partner, who is responsible for the firm’s receivables management team based in Birmingham, Leeds and Edinburgh. Simpson has worked for Mazars for five years. His role as partner is a promotion and he will also continue his position as director of Mazars Receivables Management covering the…

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Aberdein Considine announces Northern Irish colleaboration

28th February 2017 Commercial Credit Management |

Aberdein Considine has announced a long-term collaboration with Northern Ireland’s Wilson Nesbitt. The UK-wide expansion has been driven by its work with banks and other lender clients, who are increasingly looking to streamline their recovery panels. Rob Aberdein, UK Partner in charge of Lender Services at Aberdein Considine, said the deal with Wilson Nesbitt allows the…

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Provenir and Bisnode announce partnership

28th February 2017 Consumer Collections |

Provenir has announced a partnership with Bisnode. The collaboration paves the way for innovative, real-time risk decisioning services for European businesses. In search of growth and cost efficiency, companies in Europe seek solutions to optimise their credit risk processes. Agile solutions that can respond quickly to rapid and on-going business and regulatory changes are vital. Bisnode…

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Payday loans complaints rise by 22%

28th February 2017 Consumer Collections |

The latest complaint figures released by the Financial Ombudsman Service (FOS) shows that Payday loans complaints have risen by 22%. Complaints to the financial ombudsman about payday loans have risen to almost 200 a week. During the second half of 2016 the Financial Ombudsman Service received 5,095 new payday lending complaints, up 22% on the first six…

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Business challenge process should be used to resolve late payment

28th February 2017 Commercial Credit Management |

Disgruntled businesses owed money by the Ministry of Defence should channel their complaints through the Prompt Payment Code if they want a speedy resolution. Philip King, Chief Executive of the Chartered Institute of Credit Management (CICM), says he is disappointed that not a single business reported in the press at the weekend had sought redress through the Code’s challenge process,…

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18,000 extra personal insolvencies by 2020 if interest rates rise

28th February 2017 Consumer Collections |

Government calculations have forecast an additional 18,000 people will go insolvent by 2020 should interest rates rise just 1%, according to figures released exclusively to Moore Stephens. Moore Stephens says that the Bank of England has come under recent scrutiny from the Treasury Select Committee and senior government figures, with record-low interest rates accused of…

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Bluestone appoints new MD

28th February 2017 Consumer Collections |

Bluestone Group has announced the appointment of David Torpey as Managing Director (MD) of Bluestone Mortgages and Group Chief Operations Officer (COO). Torpey will fill the newly created COO role as well as assuming the position of Managing Director of Bluestone’s mortgage business, replacing Matt Andrews who has recently left the business. Torpey brings nearly…

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