Enforcement bodies and Just call for MOJ regulations review

8th January 2021 Consumer Collections |

The UK’s two leading enforcement association trade bodies the Civil Enforcement Association (CIVEA) and the High Court Enforcement Officers Association (HCOEA) and Just have welcomed the High Court judgment on non-entry Controlled Goods Agreements. CIVEA, the HCEOA and Just have issued this joint statement which also invites the Ministry of Justice (MoJ) to review the…

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Ascent Performance Group makes acquisition

8th January 2021 Consumer Collections |

Ascent Performance Group, the financial services outsourcing business and part of the Irwin Mitchell Group, has announced that it has acquired Excel Collection and Enquiry Services. Ascent says that the deal will strengthen its market-leading position in the provision of field and affordability services to major financial institutions such as banks and building societies. The…

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Santander appoints Chief Customer Officer

8th January 2021 Consumer Collections |

Santander has announced the appointment of Tracie Pearce as the new Chief Customer Officer for Homes. In the new role, Pearce will be responsible for supporting our customers in all aspects of financing their homes. She will also lead the strategic development, digital transformation and innovation of our mortgage business in the UK. In addition…

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Warning issued over tax self assessment scams

8th January 2021 Commercial Credit Management |

Cifas, the UK’s leading fraud prevention service, is warning UK taxpayers to be vigilant of scams as the 31st January deadline for self-assessment tax returns approaches. On top of scammers taking advantage of the uncertainty caused by the pandemic throughout 2020, HMRC received more than 846,000 reports of suspicious communications impersonating them in the 12…

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KM2 Ethical Finance appoints CEO

8th January 2021 Consumer Collections |

KM2 Ethical Finance has announced the appointment of Brian Kinch as its Chief Executive Officer (CEO) Brian Kinch joins the company from Visa Europe where he was Executive Director, Ecosystem Risk.  Kinch has over 30 years of experience in financial services having served in senior positions for such giants as HSBC, Lloyds Banking Group and Visa.…

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Private collectors could recover £6bn of Government loans

8th January 2021 Arrears and Recoveries |

A new report by the Credit Services Association (CSA) says that taxpayers could be saved huge sums if debt collectors are allowed to take on a bigger role in collecting unpaid coronavirus loans. The trade body is calling for an investment in BBL Engagement Scheme and use of  professional collections agencies to ensure fair and…

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SME lending surge in first three quarters of 2020 more than double 2019 total

8th January 2021 Commercial Credit Management |

New data from UK Finance has revealed that gross lending to SMEs in the first three quarters of 2020 amounted to more than double the annual total for 2019, reaching £54 billion. The data, released as part of the quarterly Business Finance Review, shows that the UK banking and finance industry has delivered an unprecedented…

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Synergy Car Leasing appoints CFO

8th January 2021 Consumer Collections |

Synergy Car Leasing has announced the appointment of David Brockwell as its Chief Financial Officer (CFO). Brockwell is the former Chief Financial Officer and Chief Operating Officer at Tuskerdirect for 12 years, Brockwell has an extensive background in car leasing solutions. After spending five years as group finance director at ION Trading Systems, Brockwell most…

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