Credit, Collections & Insolvency News
The Payment Systems Regulator (PSR) has found significant issues within the UK market for card scheme and processing services, identifying a substantial increase in fees and a lack of clear information. In its final report of its card scheme and processing fees market review, the PSR found that Mastercard and Visa have increased their core…
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Average UK rents for new lets are 3% higher over the last year, down from 7.4% a year ago according Zoopla’s quarterly rental market report reveals. The data showed that rental market conditions are steadily improving after three years of chronic under supply and excess demand, although there is still an ongoing gap which is…
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financial SaaS solutions provider, Aryza has announced several appointments as the company continues to expand its product and sales teams. Laura Dale Gough has been appointed as Business Development Director, Legal, Insolvency, and Collections, where she will focus on fostering strategic relationships and enhancing Aryza’s offerings in these critical areass. Dermot O’Brien steps into the…
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Jaja Finance has announced the appointment of Francesco Di Costanzo as its permanent Chief Executive Officer (CEO), effective immediately. Di Costanzo has been serving as the interim CEO since October 2024 and previously held the position of Chief Financial Officer (CFO) within the company. Di Costanzo joined Jaja in 2022 as Head of Capital Markets…
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Property consultancy Eddisons has announced that it has appointed Dan Whittaker as an Associate Director in its growing asset advisory and restructuring team. Based in the firm’s Manchester office, Whittaker , who is a registered property receiver, will work as part of wider team across the north of England. He joins Eddisons from risk and…
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New research from Microsoft has found that businesses and public sector organisations with clear AI strategies are significantly outperforming those without. The study, led by Dr Chris Brauer at Goldsmiths, University of London, reveals that the highest performing businesses and most productive public sector organisations have a clear AI strategy in place and are preparing…
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The National Association of Commercial Finance Brokers (NACFB) has announced that it has reviewed 131 broker agreement forms from lenders over the past year, addressing systemic imbalances in contractual terms that disproportionately burdened brokers. The initiative, spearheaded by a dedicated contract specialist, has led to amendments in 94% of broker agreements, ensuring fairer risk-sharing and clearer obligations across…
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