23rd April 2020 - Credit Connect

Signs of improvement in household finances

23rd April 2020 Consumer Collections |

Research from global information and insights provider TransUnion, shows potential signs of stabilisation in the impact of COVID-19 on household and personal finances, suggesting that the various financial support measures on offer are easing the burden. The number of households negatively impacted remains largely unchanged, at three out of five, but the number of people…

Banking and mobile sectors unite to tackle Covid-19 fraud

23rd April 2020 Consumer Collections |

The UK mobile industry, banking and finance sectors and the National Cyber Security Centre (NCSC) have joined forces to prevent criminals from sending scam text messages exploiting the Covid-19 crisis. The ongoing industry initiative by the Mobile Ecosystem Forum (MEF), Mobile UK and UK Finance, supported by the NCSC, is helping to identify and block…

Unpaid business invoices increase by 23%

23rd April 2020 Commercial Credit Management |

The number of unpaid UK business invoices has increased by 23% according to new tracker by AI platform provider, Sidetrade. Sidetrade’s tracker is based on a statistical analysis of 26 million invoices, representing €54bn of business to business transactions with the payment behaviour of over 3.7 million businesses is tracked week by week. The company…

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Signs of improvement in household finances

Banking and mobile sectors unite to tackle Covid-19 fraud

Unpaid business invoices increase by 23%

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