PayPlan launches new partnership in Northern Ireland

1st February 2019 Consumer Collections |

Debt advice provider PayPlan, has joined forces with the highly-regarded debt advice service at Limavady Community Development Initiative (LCDI) to launch PayPlan in Northern Ireland Representatives from the housing, university and financial sectors attended the launch where speakers from the Cabinet Office and Advice NI provided their thoughts on the future of debt advice in Northern…

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Over 481,000 businesses in significant financial distress

1st February 2019 Commercial Credit Management |

The number of businesses in ‘significant’ financial distress now stands at 481,000, leaping by 15,000 during Q4 2018, after a winter of uncertainty, according to the latest Red Flag Alert research from Begbies Traynor. The hardest hit sector was real estate and property, which not only saw a 7% (3,134) increase in the number of…

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Data security is biggest challenge to Open Banking adoption

1st February 2019 Consumer Collections |

Reservations about data security pose the biggest challenge when it comes to increasing consumer adoption of Open Banking, according to a new white paper from credit reference agency and information solutions provider, TransUnion (formerly Callcredit). Based on research with both consumers and financial sector decision-makers across the UK, the study found that consumers cite the…

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