Moorfields Advisory makes new Partner appointment

9th June 2022 Appointments |

Restructuring and insolvency firm, Moorfields Advisory, has announced the appointment of Milan Vuceljic as Partner to strengthen its partnership team and continue its expansion. Vuceljic has been with the firm for 2 years and leads the firm’s special investigations, personal and corporate restructuring teams. Vuceljic has a high level of technical knowledge, particularly in using…

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Supply chain crisis costing SMEs £3.9bn

9th June 2022 Business Lending | #SME costs

New research from Aldermore has found that over half (54% or 2.1 million) of all UK small and medium-sized enterprises (SMEs) have been impacted by the ongoing supply chain crisis in the last 12 months. Persistent supply chain problems have continued to plague businesses, as a result of a number of factors including labour shortages,…

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One in seven consumers say lending experience is a decade behind online banking

9th June 2022 Consumer Lending | #loans

New research by Marqeta has indicated that many consumers are frustrated with lending experience and want less jargon and more clarity, with 80% believing that lenders try to obscure the final cost of a loan. The findings part of Marqeta’s new report “Seeking out the alternatives: how consumers are engaging with the lending 3.0 landscape”…

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Equifax and Paylink Solutions agree open banking partnership

9th June 2022 Company News |

Equifax has announced a new partnership with fintech Paylink Solutions to automate its digital affordability solution using Open Banking data and APIs. Paylink Solutions delivers technology across the financial services and utilities sectors using its digital affordability application. Equifax’s Open Banking service will enhance Paylink Solutions’ existing affordability solution. It will allow businesses to understand…

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29.6m adults affected by scams

9th June 2022 Consumer Lending | #fraud

More than half of UK adults (56%) have or know someone who has received a suspicious communication in the last 12 months according to research from Canada Life. This equates to 29.6m people across the UK. The majority of these cases can be described as “phishing scams” (57%), when a fraudster attempts to imitate a…

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