Credit, Collections & Insolvency News
Ireland’ regulator the Central Bank has published a Prohibition Notice prohibiting Home Credit Ireland Executive Director Michael Kearns from performing any controlled function in all regulated financial service providers for a period of two years. Home Credit Ireland is authorised as a Moneylender under the Consumer Credit Act 1995 (as amended). Kearns failed to properly…
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A new report by global management consultancy A.T. Kearney has found that the first truly cashless society will be reached in five years, with Sweden predicted to be the first country running solely on digital and card payments. Cashless transactions have increased substantially following the introduction of contactless payments and mobile payment options like Apple Pay and…
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Small businesses are in urgent need of more government support to overcome a worrying lack of preparedness for a no-deal Brexit on 31st October, according to new research from the Federation of Small Businesses (FSB). In the first UK-wide small business assessment of no-deal preparedness ahead of 31 October, FSB’s research shows that among those…
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The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase industries, has appointed Peter Hayle to the newly-created role of Director of Finance and Operations. Hayle, who has a career spanning more than 30 years, will have a broad role supporting the CSA executive team, enabling the CEO and the…
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