Belmont Green Finance appoints new CEO

13th January 2020 Consumer Collections |

Belmont Green has announced that Anth Mooney, former Director of Financial Services at Virgin Money, has been appointed Chief Executive Officer (CEO), subject to regulatory approval, and will be taking up his position in late January. Mooney brings deep experience in the mortgage and savings market as well as more broadly in the financial services…

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2019 was the worst year on record for retail

13th January 2020 Commercial Credit Management |

New figures from the British Retail Consortium have shown that 2019 was the worst year on record for UK retailers with total sales for 2019 decreasing by 0.1%, compared with 1.2% growth in 2018. This is the worst year on record. The December figures are positively distorted by the late timing of Black Friday, which…

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Small businesses wary of Open Banking

13th January 2020 Open Banking |

With today marking two years since the implementation of the Second Payment Services Directive (PSD2) in the UK, the Federation of Small Business (FSB) has highlighted figures which show the minimal impact of the legislation to date. The FSB says that PSD2 paved the way for Open Banking – a set of interfaces which give consumers…

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Mass adoption for Open Banking predicted if platforms are broadened

13th January 2020 Consumer Collections |

Today (13th January 2020) is the two-year anniversary of Open Banking implementation. In response to the anniversary, an Open Banking Expert at Equifax believes that broadening Open Banking platforms will be a turning point in its drive to mass adoption in the year ahead. Robert McKechnie said “Open Banking, which was brought into inception two…

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Vida Homeloans appoints new Managing Director

13th January 2020 Consumer Collections |

Louisa Sedgwick has been promoted to Managing Director mortgages at Vida Homeloans. Sedgwick has been Director of Sales at Vida since its launch in 2016 and is well known in the mortgage industry, having recently become the first female chair of the Intermediary Mortgage Lenders Association. Sedgwick said: “In just three years Vida has successfully completed…

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