Credit, Collections & Insolvency News
The use of “buy now, pay later” products in the UK set to more than double by 2023, according to a new report by Worldpay. The newly released Worldpay from FIS 2020 Global Payments Report has found that eCommerce growth in the U.K. is being fueled by online sales through mobile devices, which are increasing 13…
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Cox Automotive UK has announced that it has appointed Carlos Diaz, Adam Johnson and Mark Bolton to its senior technology leadership team. Diaz joins Cox Automotive UK as its head of software engineering from Preqin Solutions and will help transform software product development. Johnson becomes the new head of service and infrastructure, responsible for leading…
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Collections specialist CRS has announced the launch of a brand-new event called ‘Collections in the Digital Age.’ The event will take place at the Marriott Hotel in Leeds on the 5th of March 2020. The event is looking to break the mould of traditional ‘collections industry’ gatherings by directing the day away from what has…
Read moreBritain is suffering from energy inequality, as lower-income households pay significantly more for their energy than those with more money. According to new research from comparethemarket.com, lower-income households spend on average £60 more every year on their energy bills than higher-income households. A higher percentage (43%) of those earning between £16,000 and £19,999 are on…
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Last week I shared via LinkedIn a Credit Connect report on the Financial Conduct Authority’s (FCA) actions to force a car dealer, Rix Motor Company, to improve its financial promotions. My comment was focused on the quote the FCA had provided to the press. Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations, had…
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