Credit, Collections & Insolvency News
Latest British Retail Consortium (BRC) figures have shown that consumer confidence has fallen. The data shows that consumers feel that their personal financial situation has worsened to -6 in September, down from +1 in August. The State of the economy worsened significantly to -21 in September, down from -8 in August whilst personal spending on…
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The Payment Systems Regulator (PSR) has announced that it has appointed Andrew Buckley as a Non-Executive Director (NED) to its board with immediate effect. Buckley is a Simon Industrial Fellow at The University of Manchester, researching service innovation and central bank digital currencies. He is an experienced Board member with financial services experience including prior…
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Global service provider for credit information provider Creditinfo has announced the appointment of Charles De Winnaar as its Global Head of Sales Strategy and Sales Operations. As an experienced sales leader in financial services, De Winnaar will lead Creditinfo’s global sales strategy and operations across its network of 30 credit bureaus. He joins the company…
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LendingMetrics’ has announced that its ADP platform is being used to upgrade Hinckley & Rugby Building Society’s lending platform. ADP’s automated underwriting technology is being harnessed by the mutual lender to provide rapid screening of prospective borrowers, ensuring affordability and compliance parameters are met. The universally-integrated SaaS solution handles real-time execution of credit reference, AML…
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Latest figures from Ofgem show energy debt levels have broken records again, with £3.69bn now owed. Debt charity, Money Advice Trust has highlighted the need for urgent debt help with energy arrears breaking record levels. The figures come ahead of the latest energy price cap increase, which comes into effect on 1st October, when energy…
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