Credit, Collections & Insolvency News
UK fintech start-up PrinSIX Technologies has announced a digital onboarding platform partnership with Welcom Digital. Welcom Digital, the developer of lending technology platform Financier, has selected the PrinSIX digital onboarding platform to extend its deployment possibilities in its end-to-end digital lending journey solution. PrinSIX offers a fully flexible platform solution to orchestrate UX, communications, internal…
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Latest UK Finance card spending data for January has revealed that the number and value of debit card and credit card purchases fell to its lowest point since the first lockdown. Credit card spending fell to £10.7 billion in January, down 37.9 per cent compared to January 2020. With high street shops closed due to lockdown…
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One in ten consumers thinks their identity has been stolen according to a new study by FICO. The company’s identity proofing and digital banking survey shows identity theft is a tangible threat for people in the UK – 4 percent said they know their identity has been stolen and used by a fraudster to open…
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The UK has a 6.2 million ‘Covid employment gap’ of lower employment and furloughed employees who need to get back to work, highlighting the scale of the economic task ahead of us, the Resolution Foundation said today in response to the latest ONS labour market statistics. The latest data showed a labour market in deep…
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