Credit, Collections & Insolvency News
Aldermore has announced the appointment of Petrina Oliver as the Head of Enterprise Risk. Oliver, has over 20 years of banking experience, including 13 years in financial services risk management. She joins Aldermore from Royal Bank of Scotland where she has worked since 2010, most recently as Head of Prudential Regulation & Frameworks, Risk Analytics…
Read moreCallcredit Information Group today announces it has extended its partnership contract to provide credit risk, affordability and fraud prevention solutions to specialist lender Cashfloat. As part of the extended partnership Cashfloat will be trialling a number of additional fraud solutions focused on digital channels such as email, phone and device identification. Callcredit has worked with Cashfloat,…
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Debt Collection Agency (DCA) ARC (Europe) has announced that it is to become the first DCA in the UK to install the PureCloud Engage dialler and customer services technology. The technology to manages voice, email and web chat interactions to support thousands of inbound and outbound communication. The Cloud-based system, developed by the Interactive Intelligence Group (part…
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Equifax has formed a new strategic partnership with Castlight to launch a real-time affordability platform to support brokers and their clients with mortgage applications. The system will reduce the time it takes to make a mortgage application to as little as ten minutes. The new technology will, for the first time, give consumers the option…
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Monese, a London, UK-based mobile banking service, has raised $10 million in funding. Backers included Anthemis Exponential Ventures, Korea Investment Partners and STE Capital. The company intends to use the funds to expand into mainland Europe as well as to launch new features like direct debit and credit services. Led by Norris Koppel, Chief Executive…
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The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard UK Holdco Ltd, a subsidiary of Mastercard International is buying VocaLink Holdings Ltd (VocaLink). It already owns and operates credit and debit card schemes Mastercard, Maestro and Cirrus, and has also bid to supply infrastructure services…
Read moreDebt buyer Experto Credite has entered into liquidation, The company entered voluntary liquidation on November 24. Smith & Williamson, were appointed as jlquidators for the winding up process. Debts are believed to be owed to HSBC, Natwest, Virgin Media, Vodafone and Intrum Justitia. No further details are available at this stage.
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Target Group has announced the signing of a new two year contract with the DVLA using their payments collection system. In 2014, Target and the DVLA introduced a newly automated system, which provided consumers with an alternative method of paying their vehicle tax. The payments solution was delivered in 18 weeks and supported the DVLA…
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Peer-to-peer lending platform RateSetter has completed a sale of £2.1million worth of non-performing debt to 1st Credit. The sale is believed to be the first of its kind for a UK peer-to-peer lender. The debt sold comprises non-performing loans worth £2.1million written between 2010 and 2015, where RateSetter believes that it stands a low chance…
Read moreTDX Group has announce a successful year of fundraising in 2016. The company’s 360 employees helped raise £95,000 for charities in and around the East Midlands. £86,600 of the total amount raised will go to its charity of the year, the Children’s Bereavement Centre, enabling it to offer even more support to local children who are…
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Shoosmiths has appointed David Pacey as a finance litigation partner into the London office. Pacey will lead the firm’s financial services litigation strategy nationally. Pacey joins Shoosmiths’ London office from the Financial Conduct Authority (FCA). Having trained and qualified at CMS Cameron McKenna he went onto a senior in house role at a major clearing…
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Skipton Building Society has announced the appointment of Jonathan Dunn to the team of Intermediary Regional Managers. Dunn joined the Society in 2014 after leaving the building trade. He joined Skipton Direct as a Level 1 call taker, with no previous experience in the financial sector. Dunn has worked his way through Skipton Direct up to…
Read morehttp://www.cityam.com/255938/lloyds-banking-group-snaps-up-bank-americas-mbna-credit
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