Credit, Collections & Insolvency News
Most banks and financial service providers in the UK are now using artificial intelligence (AI) to power their services, according to new research from CRIF. Six in ten (62%) finance professionals, rising to over two-thirds of banking professionals (68%) specifically, report that their company is already using AI, with one in five (19%) saying that…
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Wesleyan Group has appointed Faraz Tasnim as its Chief Operating Officer (COO) to support the next phase of its ambitious growth strategy. Tasnim joined Wesleyan from Quilter in 2022 as Group Transformation Director, bringing 20 years’ experience across transformation, commercial finance and consulting roles with businesses including Direct Line Group, Hastings Direct, Lloyds Banking Group…
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Credit management technology specialist, My DSO Manager, has announced that it has appointed Luke Sculthorp FCICM as Commercial Director for the United Kingdom and Ireland. Sculthorp joins directly from the senior leadership team at CICM, where he led strategic partnerships and championed professional development across the credit community. A CICM Fellow and former Credit Manager…
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New research from Aviva has revealed that adults are increasingly motivated by personal values when it comes to their financial planning, with providing for their family (44%), financial independence (43%), and security (31%) emerging as the top drivers. Among 25–34-year-olds, these motivators are even more apparent, with more than half (58%) citing family security and…
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