Credit, Collections & Insolvency News
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. The new data shows banks and card companies prevented £1.38 billion of fraud last year, equivalent to £6.40 in every £10 of attempted…
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What are the likely impacts on debt collection and recoveries?What is happening and when? From April 2017, over 1.2 million eligible businesses and other non-household customers in England will be able to choose their supplier of water and wastewater retail services. The smallest high street shops to the largest public authorities will be able to shop…
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The Bank of England’s latest money and credit statistics show consumer borrowing increasing by 10.5% in the year to February to £196 billion. As the Bank and the Financial Conduct Authority launch reviews into lending practices, Citizens Advice says more must be done to make sure lenders across all consumer credit markets behave responsibly towards…
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Quint Group has appointed Nicola Richardson as it’s new CRM Manager to help devise and drive the CRM strategy for the brand and to continue the site’s growth. Richardson brings ten years of CRM experience into her new role, having previously worked at price comparison site heavyweight moneysupermarket.com where she was involved in the delivery and optimisation…
Read moreMorses Club has announced the launch of Dot Dot Loans, its first online installment loans product. The launch follows the purchase of Shelby Finance earlier in the year The launch of this new online instalment product, Dot Dot Loans, is the next step in the Company’s strategy of developing digital products to complement its home…
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