United Trust Bank appoints Chief Commercial Officer

8th September 2020 Commercial Credit Management |

United Trust Bank has announced that Mark Stokes has joined the company as Chief Commercial Officer. Stokes, formerly Managing Director – Commercial Banking at Metro Bank, has joined United Trust Bank in the newly created role of Chief Commercial Officer. Stokes has over 20 years’ experience at executive committee level working with several established and challenger…

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Sidetrade appoints new Chief Product Officer

8th September 2020 Commercial Credit Management |

Sidetrade has appointed Rob Harvey as its new Chief Product Officer Harvey has worked at Sidetrade since 2012 in a number of leadership roles, most recently as global head of sales operations. Initially appointed as a customer success and presales consultant for the UK, he became head of presales in 2015, building teams in France,…

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Hodge Bank appoints new CEO

8th September 2020 Consumer Collections |

David Landen has been named as Hodge Bank’s new Chief Executive Officer (CEO), with immediate effect. Linden is one of Hodge’s longest-serving staff members, having joined the Cardiff-based bank in 2002. He has held several roles within the company and was appointed to the Board as Chief Financial Officer in 2011, before being named as…

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SmartSearch named in top tech firm list

8th September 2020 Consumer Collections |

Anti-money-laundering (AML) firm SmartSearch has been named in the Sunday Times Sage ‘Tech Track 100’ for a second successive year. The list, published on Sunday, recognises Britain’s 100 private tech companies with the fastest-growing sales over a three-year period. Earlier in the year, the Yorkshire-based firm also reached 15th position in the Sunday Times Profit Track…

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LiveMore Capital and Experian agree onboarding partnership

8th September 2020 Consumer Collections |

Later-life lender LiveMore Capital has announced that it will use Experian’s data services to understand and onboard new customers as it expands its presence in the over 55s mortgage market. LiveMore, a  specialist provider of retirement interest-only (RIO) mortgages, will use Experian’s CrossCore for identity validation checks to approve customers who meet its compliance policy…

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Consumer finance new business falls by 9%

8th September 2020 Consumer Collections |

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business fell in July 2020 by 9% compared with the same month in 2019, and decreased by 23% in the first seven months of 2020. Retail store and online credit new business grew by 1% in July compared with the…

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Consumer car finance market grows in July

8th September 2020 Consumer Collections |

New figures released by the Finance & Leasing Association (FLA) show that new business in the consumer car finance market grew 19% by value and 9% by volume in July 2020 compared with the same month in 2019.  In the seven months to July 2020, new business volumes in this market remained 30% lower than…

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Second charge mortgage new business volumes fall by 64%

8th September 2020 Consumer Collections |

New figures released today by the Finance & Leasing Association (FLA) has shown that second charge mortgage new business volumes fell by 64%. Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer & Mortgage Finance at the Finance & Leasing Association (FLA), said “The second charge…

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