Arum has been selected to join the Business Consultancy Services Lot of Management Consultancy Framework Two (MCF2), run by Crown Commercial Services (CCS). The launch of this framework enables central government and the wider public sector to select pre-approved consultancy firms to tender for both national and international projects. Securing this place means that Arum can continue to grow its presence in the public…

UK tech firm CreditLadder is one of three Fintech companies to win through to the final of HM Treasury’s Rent Recognition Challenge (RRC) announced by Chancellor Philip Hammond as part of the Autumn budget statement in November last year. The RRC was launched to help develop applications that will help renters boost their credit scores,…

The Information Commissioner Office (ICO) has announced the appointment of Simon McDougall as Executive Director for Technology Policy and Innovation. McDougall is currently Managing Director of Promontory – a risk management and regulatory compliance consulting firm acquired in 2016 by IBM, where he founded and led a global privacy practice. He has extensive experience of…

New open banking specialist Moneyhub has secured Payment Initiation Services Provider (PISP) authorisation by the Financial Conduct Authority (FCA). The authorisation goes one step further from Account Information Services Provider (AISP) status, enabling seamless payments as well as visibility of all financial transactions across accounts in one place. Alongside giving control of payments, income, expenditure,…

The Cheque and Credit Clearing Company (C&CCC), which supports the paper clearing system for cheques and credits as well as the Image Clearing System, has appointed Alan McDonald as its first General Manager. McDonald previously held the roles of Managing Director and Director of Planning, Finance and Risk within the C&CCC. He has been with…

European credit management specialist Cabot Credit Management (Cabot), has announced the financial results for the six months ending 30th June 2018. Commenting on the figure Ken Stannard, Chief Executive Officer, Cabot Credit Management, said As Encore announces the completion of its acquisition of the remaining interest in Cabot Credit Management, our company has yet again delivered…

Leeds Building Society has appointed Nick Young as its new Director of Business Transformation to further enhance member and colleague experience. Young has a background in commercial management and strategic change delivery. He joins the Society from Lloyds Banking Group customer products team where he was responsible for successfully delivering a number of high-profile change…

Computershare Loan Services has donated a total of £5,000 to Turn2us and Citizens Advice Maidstone to fund projects supporting people experiencing financial hardship in the second round of funding from its Loan Services Charity Donation Fund. Turn2us will receive £1,500 to fund three workshops for workers and volunteers to help them better assist people in…

RBS has announced that it has appointed Bruce Fletcher as its new Group Chief Risk Officer, subject to final regulatory approval. Fletcher is currently Chief Risk Officer for HSBC’s Global Retail Banking and Wealth Management business. He will replace David Stephen, who is moving to Westpac following an orderly handover of his responsibilities. RBS Chief…

Provident Financial has announced its financial results for the first half of this year which indicate a fall in profits. Provident statutory pre-tax profits for the six months to 30 June of £34.6m in H1 2018, down from £73.3m in H1 2017; a drop of £38.7m. Its adjusted pre-tax profits fared better, dropping from £98.6m to £74.9m.  Adjusted…

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