Credit, Collections & Insolvency News
Business advisory firm Quantuma has announced it is growing its international footprint further as it opens an office in Dubai. Led by Managing dDrector Yaser Dajani, the office is the firm’s fourth international location – including Cyprus, the Cayman Islands and Mauritius – and 23rd office site globally, with 18 established across the UK since…
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The forthcoming Online Collections Technology Think Tank and Vulnerability Conference and webinar from the Vulnerability Registration Service (VRS), (hosted by The Money Advice Liaison Group (MALG)), are two of many events that seek to address the cause and effect of vulnerability. They will talk about identification and treatment of those experiencing vulnerability, but it’s easy…
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New research by ECOMMPAY has found that only 14% of consumers ‘completely understand’ Open Banking, with even fewer businesses grasping how it could help them grow their business. Introduced in 2018, Open Banking makes it easier for consumers to view their finances, take out loans or pay for things online, while businesses also benefit from…
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Phoebus Software (PSL) has announced that it has selected Webio as its partner to supply multi-channel customer social media communication for PSL’s clients. This partnership is the latest addition to the Phoebus Ecosystem Programme that pulls together best of breed suppliers across a range of non-core Phoebus services. Webio is an award-winning provider of customer…
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More than £32 million of fraud has been prevented by the finance industry and the police through the Banking Protocol scheme in the first half of 2021, new UK Finance figures have revealed. The figures are up 65% compared to the same period last year and brings the total amount of fraud prevented to £174 million since…
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Forty-two percent of financial professionals believe having analytical skills will be a key requirement to fulfil their roles in the future, according to findings from the latest FinTech Barometer survey of finance professionals, carried out by Visma | Onguard. The research showed that programming skills (37%) and leadership qualities (34%) were also highlighted, reflecting the…
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Paragon Development Finance has announced the appointment of Neal Moy as Deputy Managing Director. Moy joins Paragon in October and will support Paragon Development Finance Managing Director Robert Orr in the newly created role. Orr is highly experienced in the development finance market. He was the founder and Managing Director of the RateSetter Development Finance…
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Conister Finance & Leasing has announced the appointment of Mark Hayman as its new Executive Director. Hayman’s appointment follows that of Marcus Gregory, his co-founding partner of Bluestar, who was appointed as an Executive Director in May to lead Conister’s broker division. Alongside his appointment as Executive Director, Hayman will continue in his role as…
Read moreOptimum Finance has appointed Ewan Clarke as its Regional Director for the Midlands. Clarke joins the company with a background in both insolvency and corporate finance. This Experience will be invaluable to businesses seeking additional finance for sustained growth, business recovery and turnaround. Chief Commercial Officer Lynn-Marie Jameson said “Our current Midlands based clients form supply chains…
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SME business lender, Recognise Bank has announced the appointment of Gavin Keyte as Head of Credit. Keyte joins from Allica Bank, where he was Head of Credit, and brings with him experience gained from 28 years in the industry, which includes major credit and risk roles at lenders such as Lloyds Banking Group and Allied…
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A Federation of Small Businesses (FSB) assessment of the potential impacts of a 1.25% increase in national insurance contributions (NICs) for employers, sole traders and employees indicates that the move could cause 50,000 more people to be left out of work. The estimate is based on bringing together the Institute for Fiscal Studies (IFS)’s estimates…
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A new study by analytics software firm FICO has indicated that consumers are 31 per cent more likely to open an account digitally than a year ago. However, the surprising outliers in the rush to digital-first account opening are Generation Z (Gen Z). Financial education is key as it appears that digital savviness is not…
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