Credit, Collections & Insolvency News
UK Finance has published its latest mortgage trends figures which reveal that there was strong growth in remortgaging in April 2018, with new homeowner mortgages up 36 per cent and buy-to-let remortgages up 32.4 per cent compared to the same month a year earlier. UK Finance has also published a blog analysing the factors driving…
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Global financial automation software provider, Rimilia, a has announced a collaboration with Microsoft after being accepted onto the current cohort of the select Microsoft ScaleUp programme. The Microsoft ScaleUp programme, part of the Microsoft for Startups initiative, connects companies with new customers and channel partners and is underpinned by a $500 million investment to drive…
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It’s not a natural fit for some businesses to see their credit controllers as positive customer ambassadors. Mostly associated with attributes such as tenacity and persistence, these teams are seen as the people to keep the cash flow moving no matter what. However, this is an outdated perception. Now, more than ever, credit controllers must…
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With quite a fanfare, the European Union has announced that is has found money to help member states tackle EU budget fraud. The new EU Anti-Fraud Programme will provide €181m to support the fight against fraud, corruption and financial irregularities in member states. The programme intends to tackle fraud, corruption and other irregularities by providing…
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A year and half on from the EU referendum, and one year away from the date set for the UK’s departure from the EU, there are already plenty of suggestions with whom Britain should sign future trade agreements. From fast-growing economies such as those of Malaysia and Bangladesh, to established trading partners such as Japan and…
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A new service enabling people to report the death of an individual to several major financial services providers at the same time has been launched. The free, online Death Notification Service is available to anyone who wishes to notify, in a single step, one or more of the member organisations1 that a customer has died. The gateway service…
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Yahoo! UK Services Limited has been fined £250,000 by the Information Commissioner’s Office (ICO) following a cyber-attack in November 2014. The incident was publicly disclosed in September 2016, almost two years after it had taken place. Because of when the breach happened, the ICO’s investigation was carried out under the Data Protection Act 1998. The ICO said…
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