Credit, Collections & Insolvency News
Stafford Railway Building Society has announced the appointment of Michael Smith as its new Chief Executive. Smith is a highly-experienced professional from the banking sector. For the last 13 years, he has worked for the highly successful Swedish Bank Handelsbanken, contributing to the growth of their branch network in the local area. This built on…
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KPMG has announced that Justin Benson has been appointed as the firm’s UK Head of Automotive. Benson joined KPMG in 2000 and he is a Director within the firm. He has worked in the automotive sector for over a decade. Having led and worked on a wide range of projects, Justin has a wealth of experience…
Read moreAutomotive technology specialist, Ivendi has appointed Brett Ward to the newly-created position of Head of Online Retailing at iVendi. Ward joins Harwoods Group, where he was Group Marketing Manager. Before this, his roles included regional digital Account Manager at Manheim, and has held positions with several other motor retailers.
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MMF has announced the acquisition of a majority interest in Motormile Finance (MMF) by Copper Street One (an entity of Copper Street Capital LLP, a UK based specialist financial services investment firm). In a statement, MMF said that the acquisition marks a significant moment in the company’s history and validates the success it has…
Read moreMortgage specialist John Charcol has appointed Mark Fleet as its new Chief Executive. Fleet, was formerly James Hay Partnership Chief Commercial Officerand hass also worked at Skipton Building Society in roles including Distribution Director. John Charcol Executive Chairman Ian Darby says: “Mark brings a wealth of experience and a strong understanding of the mortgage market and…
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Ascent Performance has announced their success in winning Compliance and Best Customer Outcomes Awards at a Credit industry Awards. Mark Higgins, Chairman of Ascent, collected the award and said “This award recognises the hard work that all our colleagues in Ascent have put into ensuring we offer the best customer experience – and deliver the…
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Home collected credit specialist, Morses Club has announced its interim results for the twenty-six-week period ended 26 August 2017. Highlights from the results include: · Strong first half performance with revenue up 14.8% to £54.2m (H1 FY17: £47.2m) · Net loan book growth of 16.0% to £65.2m (H1 FY17: £56.2m) · Impairment as a percentage of revenue for the period was 26.6% (H1 FY17:…
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The UK’s new payment system operator has announced the appointment of its first five Board members: Anna Bradley – Chair, Rail Safety and Standards Board Becky Clements – Head of Industry Engagement and Payment Change at Metro Bank Russell Saunders – Managing Director Global Payments at Lloyds Banking Group Peter Wyman – Chairman, Care Quality Commission…
Read moreThe Consumer Finance Association (CFA) and the BCCA have announced the completion of their merger. This brings to a close the process that was first announced in late July. Jason Wassell, formerly Chief Executive of the BCCA has been appointed to run the new organisation said “Through this merger, we believe that we can better represent the…
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Phil Andrew has been appointed as the new Chief Executive of debt charity StepChange. He will take up the post on November 20th, taking over from Mike O’Connor CBE. Andrew’s most recent role was as Chief Executive of Working Links which provides innovative interventions to disadvantaged and socially-excluded groups within the UK, Ireland and the…
Read moreCredit Bureau, Credit Kudos has announced its has received Financial Conduct Authority (FCA) authorisation. Credit Kudos are building a new credit scoring system to tackle the problem of increasingly persistent consumer debt. Commenting on the announcement, Freddy Kelly, founder and CEO of Credit Kudos said: “Credit is a crucial instrument for so many of us,…
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Zopa and Saffron Building Society have teamed up to help more consumers get access to better value, flexible personal loans. The new partnership means that consumers will be able to get access to a Zopa loan at any of Saffron Building Society’s 11 branches across Hertfordshire, Essex and Suffolk and via Saffron’s website. Consumers looking…
Read moreThe merger of Intrum Justitia and Lindorff was completed in June and following from the announcement the company has consolidated the two companies by introducing a new corporate identity and brand name: Intrum. Mikael Ericson CEO and President of Intrum said ”Intrum is the undisputed market leader. This presents new opportunities for growth through joined…
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