Credit, Collections & Insolvency News
National UK law firm Flint Bishop has announced it has appointed banking and finance litigation specialist Zarvin Vandrewala as Partner and joint Head of Finance Dispute Resolution Vandrewala joins from Aberdein Considine, where he was a Partner advising financial services clients on a wide spectrum of contentious matters. He brings more than 14 years’ experience…
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Debt purchase and credit management specialist Lantern Group has announced that it has secured an enhanced funding facility with its lending partners. The new £135 million facility, which increases the Group’s borrowing capacity and extends maturity, will support Lantern’s strategic growth plan and reinforce its competitive position. The Debt & Capital Advisory team at Interpath…
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Aryza has announced a new partnership with data, AI and change operational transformation specialist consultancy Nucleo. Under the agreement, Nucleo will also act as a reseller and delivery partner for Aryza’s AI-enabled solutions across the UK and Ireland, providing implementation services, integration support, and ongoing customer service in coordination with Aryza. Through the partnership, Nucleo…
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CSA Learning, the learning and development arm of the Credit Services Association, has received a Strong standard from Ofsted for Curriculum and Teaching following the recent inspection of its apprenticeship provision. The inspection report, published on 14 April 2026, recognises that CSA has developed ‘a demanding and relevant curriculum in partnership with employers and sequences…
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Aryza, a global provider of end-to-end AI-enabled solutions across the credit and debt lifecycle, has announced that Citizens Advice has agreed to extend its partnership to further deploy Aryza’s digital financial review solution across its debt advice services. Through the partnership, Aryza’s solution will improve the accuracy and completeness of client data, increase overall adviser…
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Concentrix and Flexys have announced a strategic partnership that brings together Flexys’ digital-first debt management and collections software, with Concentrix’ global delivery capability, operational resilience and scale. The partnership will enable Flexys to scale more effectively in response to increasing client demand, with Concentrix providing systems integration, delivery and support expertise. Claire Christie, GVP, Service…
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Barclays has announced an additional investment of almost £4 million in debt charity, StepChange. The announcement builds on its longstanding partnership with and regular financial contributions to StepChange, and backs the most significant digital transformation in the charity’s history by helping more people across the UK access free, impartial debt advice sooner. With nearly one in four adults…
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Lantern Group has announced the successful completion of its acquisition of Ascent, one of the UK’s largest specialist debt recovery law firms, from Irwin Mitchell, following regulatory and shareholder approval. The completion of the transaction marks a significant milestone in Lantern Group’s growth strategy and further expands its UK financial services portfolio, with Ascent joining…
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AI-enabled automation software specialist, Aryza has announced the acquisition of Umbrella Tech, a voice-based agentic AI for the financial services industry. Featuring hyper-realistic voices and advanced speech analytics, Umbrella Tech enables organisations to automate collections, customer service, and compliance journeys with accuracy, speed, and multilingual support in over 100 languages worldwide. Colin Brown, CEO of…
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Snap Finance has announced that it has made three senior appointments to its business development team. Dave Fletcher joins as Head of Business Development from HSBC, where he spent almost three years as Head of Retail Merchant Relationships covering UK point-of-sale (POS) credit. He brings more than 20 years’ experience in the consumer finance sector,…
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Law firm Wilkin Chapman Rollits has strengthened its recoveries and litigation capability with the acquisition of Nottingham-based Legal Recoveries and Collections (LRC). Completed on 1st April, the acquisition comes exactly one year after the merger of Wilkin Chapman LLP and Rollits LLP, and is expected to increase the turnover of the firm’s recoveries department to…
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Consumer debt recovery fintech, InDebted has announced the appointment of Rob Young as its UK Managing Director. Young will lead InDebted’s UK operations, he brings over two decades of leadership experience across fintech, credit, and technology-led financial services, including senior roles at Wonga and OnDeck, where he led international expansion across the UK, Canada, and…
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Digital transformation, software and business process outsourcing (BPO), Target Group, has announced record progress in closing the gender pay gap. The mean gender pay gap at Newport-based Target Group has reduced again and now sits at 18.34% – the lowest it has ever reported. This is down from 19.58% last year and down significantly from…
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