Fleet leasing specialists Alphabet (GB) has announced the appointment of Clive Buhagiar as the new interim Chief Operating Officer. Buhagiar takes over the role from Uwe Hildinger, who will be joining Alphabet Germany as their new Chief Executive Officer in August. As interim COO, Buhagiar will be responsible for the whole Operational Function of Alphabet…

Lowell Financial has appointed two new independent Non-Executive Directors (NEDs). Caroline Marsh and Professor Heather McGregor CBE will join David Gagie as NEDs on the UK Board, together with Group CEO Colin Storrar, UK MD John Pears and UK CFO John Flaherty. Professor Heather McGregor CBE is the Executive Dean of the Edinburgh Business School…

NatWest Group has been working with open banking and affordability software specialists, Paylink Solutions, on developing their digital income and expenditure (I&E) tool to support their agents and better understand customers currently in arrears or coming to the end of payment holidays. In March 2020, NatWest Group approached Paylink to work alongside their digital experts…

Metro Bank has announced that it has agreed to acquire peer-to-peer lender RateSetter. RateSetter was founded in 2010 and is the UK’s most popular peer-to-peer lender with over 750,000 people having invested or borrowed through the platform. In its financial year ending 31st March 2019, the company reported revenue of £33 million, a pre-tax loss…

JBW Group has announced that Phoenix, JBW and Collect Services have merged together to form a single company, CDER Group, with the combined aim of delivering ‘Fairness in Operation’ across the collections and enforcement industry. Nick Tubbs, Chief Executive said: “I am absolutely delighted to have achieved this important milestone in our company’s history and…

Consumer finance specialist, BNP Paribas Personal Finance has announced that it will use Experian’s Open Banking technology and Aryza’s Debtsense digital platform to provide round-the-clock online account reviews to customers who have been affected by the Covid-19 pandemic. The company says that has moved quickly with its partners to put the solution in place inside…

Global analytics software provider Fico has named Louise Lunn to lead its newly created Global Analytics Delivery organization. Lunn, who is based in the UK, will oversee the teams of data scientists worldwide that develop custom analytics solutions and exploratory analytics projects for the world’s top banks, as well as retailers, telecommunications firms, insurance companies…

Global FinTech, DirectID, has announced the launch of its collections and recoveries solution that the company says will simplify and streamline the collections process for both collections agents and their customers. Using bank data, collections agents will have an up-to-date and accurate view of a customer’s financial statement and an assessment on their disposable income,…

Provident Financial has announced the appointment of David Shrimpton as Managing Director of Moneybarn, its car finance division, subject to regulatory approval. Shrimpton has been acting Managing Director of Moneybarn since March 2020, following Shamus Hodgson’s departure. Shrimpton has banking and consumer finance experience, in both customer service and operational roles. He joined Moneybarn in…

Digital bank and peer to peer lender, Zopa, has implemented a new cloud-based digital income and expenditure product to easily support customers who find themselves in financial difficulties. Zopa have utilised Paylink Solutions’ Embark technology to help it to understand affordability for loan customers who have experienced a change in circumstances and therefore require a…

1 2 3 114