Home collected credit lender, Morses Club has announced that the Group has secured an extension to its existing loan facility. Shawbrook Bank, has increased the overall revolving facility from £25 million to £40 million. The loan facility has also been extended from its existing expiry date of March 2019 to August 2020. This will support the growth strategy of…

Credit Connect Media has launched a new Awards event that seeks to recognise excellence within credit and collections technology. The Credit & Collection Awards powered by Credit Connect has the enviable task of celebrating the best and greatest innovations in credit and collections technology. The Awards aim is to find those who are redefining the industry. Credit Connect wants to…

 Software specialist Rimilia has appointed Karl Campbell, who joins as Chairman. In addition to the appointment the company has raised $25m in growth funding. The round was co-led by Kennet Partners and Eight Roads Ventures. Rimilia has clients across Europe and the US including Avis, Hitachi, Santander and Travis Perkins and currently employs over 70 people at…

Business finance provider, Henry Howard Finance, has appointed a new regional director for the South West to its Asset Finance division. With a career in finance spanning more than three decades, including 10 years as a director of asset finance at Lombard, Richard Arnold, joins the firm as South West regional director. Mark Crook, Group CEO…

Challenge: Risk Solutions Background: At the start of 2014, Nationwide’s Customer Services and Operations (CS&O) team launched a review of its risk management and control systems. Its aim was to create a more holistic view of risk, by taking in more granular information, which may potentially have been slipping under the radar. The team found…

Hundreds of thousands of UK businesses will be potentially at risk of huge fines (up to 4% of a firm’s global annual turnover)  by not complying with the forthcoming EU General Data Protection (GDPR)  next May, according to latest research published by UK’s first fully compliant GDPR job board CareersinCyberSecurity.co.uk and London law firm Hamlins…

Credit Insurer Euler Hermes has strengthened its UK and Ireland management team with the appointment of Melissa Dowle as Director of Customer Strategy and Mike de Bresser as Commercial Director. The Director of Customer Strategy is a newly-created role and Dowle will manage Euler Hermes’ response to the changing needs of clients and brokers. De…

Furness Building Society has announced the appointment of Chris Harrison as its new permanent Chief Europe and Chief Executive Officer (CEO) of LSG Lifestyle Services Group which was sold to Assurant. During his career he has held senior leadership and board roles with Chubb insurance (previously ACE Combined Insurance), Simplyhealth and GE Financial Insurance. He has…

Russell Hamblin-Boone is to step down after five years at the helm of the Consumer Finance Association according to Sky News reports. His departure also appeared to be confirmed on Linkedin. An announcement confirming his formal departure is expected to be confirmed soon. More to follow…