Provident Financial has announced the appointment of Neeraj Kapur as Chief Finance Officer (CFO). Kapur will join the board and start as Chief Finance Officer on 1st April 2020. Kapur is currently Group Chief Financial Officer at Secure Trust Bank plc. He has a strong retail banking background, including consumer finance and savings products expertise.…

Eleven new brokers will start training with Just Mortgages’ broker academy in the New Year after coming through a rigorous selection procedure. The new members will join Just Mortgages Employed division, with a further selection process for the self-employed division to open in January. The new recruits will undergo an intensive training programme over five…

Business rescue specialist, Leonard Curtis has made an addition to its Scottish team with the appointment of James Dempster. A qualified accountant, s joins Leonard Curtis as a Senior Manager within the Group’s Business Rescue and Recovery division. He joins the professional services group following a sixteen-year tenure at one of Glasgow’s big-four accountancy firms.…

Secure Trust Bank has become the first UK lender to complete live deployment of credit application models built using Archetype, the proprietary ‘explainable’ AI-driven software of credit scoring from Jaywing. The Archetype software generated a significant uplift in predictive power compared to a traditional linear model and is projected to provide substantial reductions in bad…

Fintech firm PayBreak has announced that it is set to use an automated decisioning platform from LendingMetrics as part of its growth plans. The company, which specialises in digital point-of-sale finance through online retailers, will deploy LendingMetrics’ award-winning ADP to build rules, scorecards and matrices using a variety of data sources so that they can make…

DJS (UK) trading as PiggyBank has entered administration. The company provided high-cost short term (payday) lending services to the UK consumer market. The company is thought to have had around 45,000 customers and was seen as one of the UK’s top 10 largest payday lenders. Shane Biddlecombe and Gordon Johnston of HJS have been appointed…