Invenio Financial the debt purchasing subsidiary of Phillips & Cohen Associates (PCA) has announced that it has appointed a senior debt purchase executive. Alexander Holzgreve joins as Head of Acquisitions Europe to lead European growth for the group. Holzgreve, an innovative industry leader, brings with him over 20 years’ experience across multiple countries and credit…

Paylink Solutions has announced it has made a Senior Business Development (BDM) appointment. Paul Nicholson has joined Midlands-based technology company as Senior Solutions Consultant and is now developing a sales strategy, which will deliver the company’s ambitious plans for growth. He joins Paylink Solutions after being instrumental in launching AccountScore as one of the first…

The Government has launched a new Economic Crime Plan, in a partnership between the Chancellor Philip Hammond, Home Secretary Sajid Javid, and heads of law enforcement, major financial institutions and legal, accountancy and property organisations. The plan sets out actions to better tackle the scourge of ‘dirty money’ in the UK. It brings together the…

Vehicle dealership group, Border Cars, has announced that it has filed to close after over 42 years of trading. Borders Cars is one of the biggest car dealerships in south-west Scotland and Cumbria with more than 200 jobs under threat. In a public statement, the company said it was “greatly saddened” to announce its closing…

The Bank of England has said the lenders could withstand the worst case no-deal Brexit and a full-scale global trade war, but warned “material risks of economic disruption” remain from a cliff-edge EU withdrawal. In the latest report from the Financial Policy Committee (FPC), the Bank said it had assessed lenders against a doomsday no-deal…

Barclays Partner Finance has announced that it will be pulling out of motor finance market as a result of an internal strategic review. The company has issued termination notices to dealer partners within the industry explaining its decision. In a statement, Barclays Partner Finance said “Barclays Partner Finance is currently number one in UK retail…

The 2019 winners of the Consumer Credit Awards 2019 have been revealed at a ceremony in London. Launched in 2016, Fair for You, a pioneering not-for-profit emerged as the big winner on the night taking home three awards, including ‘Firm of the Year’, ‘Treating Customers Fairly Champion’ and ‘Customer Service Champion’, beating some of the…

Ofgem has set out its key objectives and priorities to help carry out its principal duty to “protect the interests of existing and future consumers” in a rapidly changing energy sector. A major transformation is underway in the way energy is generated, used and purchased as the UK makes the transition to a low carbon,…

The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase industry, has been recognised with a Skills Development Award by the Trade Association Forum (TAF) at its Best Practice Awards 2019. The achievement follows an impressive twelve months for the trade association. A main provider on the Register of Apprenticeships…

Credit risk specialist LendingMetrics has announced that it has made two new appointments.  Hamish MacCormick has been appointed Business Development Manager at the Fareham company. He has expertise in IT sales and SaaS platforms and has advised in the financial services sector. Hamish joins from Lead Forensics.  Georgia Pullen is the company’s new Graphic Designer. Georgia joins from an architectural…