Credit, Collections & Insolvency News
Credit reference agency TransUnion has announced that it has launched its enhanced data breach support service for businesses in the UK. The data breach support service will enable an organisation’s customers to access their credit information and also offers specific features to help safeguard their identity. The tools will help businesses protect consumers whose information…
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The Payment Systems Regulator (PSR), the specialist economic regulator of UK payment systems, has published its proposed five-year strategy. The strategy sets out an approach that aims to make sure payments and payment systems work well for everybody and that there is fair competition and access to payments for all. The PSR’s approach will protect and embrace what’s working well, change what…
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Urgent changes to Universal Credit are needed to stop those most impacted by the pandemic from being left behind as the economy recovers, according to a new report from Citizens Advice. The charity warns that inappropriate or stressful job-seeking requirements, a lack of support with upfront childcare costs and rigid benefit rules for disabled people…
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Paradigm Mortgage Services has announced the appointment of Richard Howes as its new Director of Mortgages. Howes who will take up the new role from mid-July replaces Head of Paradigm Mortgage Services, John Coffield, who last week announced he will be stepping down from his position and retiring at the end of August. Howes joins…
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Gatehouse Bank has announced the appointment of Tracey Bailey as its new Chief Operating Officer (COO). Bailey, who has more than 20 years’ experience in operational leadership roles, joins the bank from Cheadle-based specialist lender Together where she was Director of Lending and Change. Tracey worked at Together for 22 years, starting as its Head…
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Registry Trust has announced that it has appointed Chris Dick as its new Operations Director. The newly created Operations Director role involves working with the CEO and Financial Controller to develop and agree short and long-term strategy, supervising the daily operation of the customer services and data processing departments, and overseeing the compliance function of…
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Time Finance has announced that Ed Rimmer has been confirmed as the permanent Chief Executive Officer (CEO) with immediate effect. Having previously held the position of Chief Operating Officer until April 2020, Ed was reappointed as Interim CEO three months ago. Time Finance specialise in the provision or arrangement of funding solutions to UK businesses…
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Research by Consumer group Which? has found that not all banks are using the full technology available to them to protect customers from phishing scams. The consumer champion looked into what protections banks were putting in place to protect their customers from receiving fraudulent emails, SMS messages and phone calls. These so-called phishing attacks are…
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Azets has announced the appointment of Jonathan Amor as a Partner in the Restructuring and Insolvency team in the North of England team, based in Manchester. Amor is a chartered certified accountant, licensed Insolvency Practitioner and member of the Association of Business Recovery Professionals (R3). He has spent over a decade assisting businesses from multinational…
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