Credit, Collections & Insolvency News
Money Wellness has announced a partnership with Young Enterprise to deliver money management workshops to children at Sale High School in Trafford. Under the initiative, Money Wellness will send four specially trained volunteers to Sale High School to educate and help equip pupils with the knowledge, skills and confidence to manage their money well both…
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OSB Group has entered into a multi-term partnership with fintech Paylink Solutions. The partnership will utilise Paylink’s Embark application and using open banking meaning that customers will be able to pre-populate their budget using the Embark application. Further specialist support will also be available through Embark’s unique integration with free debt advice provider PayPlan. This…
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Female-led start-up Inicio AI has been selected to join the NatWest business accelerator programme at the University of Warwick Innovation District hub. The programme, delivered jointly by NatWest and WMG, University of Warwick provides 1:1 coaching, access to their accelerator growth events and access to work space, as well as learning hubs at the University…
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TCN, a global provider of a cloud-based call centre platform for enterprises, contact centres, BPOs and collection agencies, has welcomed a number of new appointments as it grows its operational teams in the UK and Europe. Victor Marcu, Business Manager Europe, Adrian Stefan, Director of Sales Europe and Spencer Taylor, hHad of UK & Eire…
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UK trade body for debt collection and purchase industry, the Credit Services Association (CSA) launched a new online training module on the consumer duty. The new course will be developed by CSA Learning, offers users an interactive and accessible learning resource to assist with their understanding of the consumer duty and how it can be…
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European asset manager Arrow Global has announced it has reached hard cap of its flagship strategy Arrow Credit Opportunities II (ACO II) fund at approximately €2.75 billion including a General Partner commitment of €275 million. ACO II received extensive investor demand from both new and existing partnerships, which significantly exceeded its fundraising target of €2.5…
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The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has announced Christine Farnish CBE as its Chair of Trustees – a role she will take up in July this year. As a former Managing Director for Public Policy at Barclays and Consumer Affairs Director at the Financial Services Authority, Farnish brings…
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Over 782,000 adults in Scotland expect to see their credit card use increase during the cost of living crisis according to new analysis from Citizens Advice Scotland (CAS). The research found that an estimated 782,529 adults in Scotland expect to increase their credit card use. Previous research from the charity found that close to half…
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Debt charity StepChange has announced that current Director of Operations, Vikki Brownridge, will become the new Chief Executive Officer (CEO) on 1st May 2023, taking over from Phil Andrew who leaves the charity after more than five years in post. Brownridge is the first woman to become Chief Executive of the charity and takes up…
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Experian has announced its plans to work with the Nottingham University Hospitals (NUH) NHS Trust to help Trust employees manage their finances through the current cost-of-living crunch. Two pilot Money Clinics will take place this week, in partnership with the Staff Wellbeing Team, Advice Nottingham, a consortium of local consumer advice centres and money expert…
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Free debt advice provider PayPlan has teamed up with British Sign Language (BSL) Video Interpreting Service, SignVideo, to improve accessibility to customers across the UK, becoming the first UK debt advice company to provide access to this service. SignVideo is the market leader in delivering live and on-site BSL video interpreting and is already a…
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Perch Group has announced that it has been awarded ISO9001 and ISO27001 certifications for the provision of debt purchase and debt recovery, including legal services. The certification provides an internationally recognised benchmark of best practice management standards and demonstrates Perch Group’s commitment to continual improvement with measures in place to assist regulatory and legislative compliance…
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Reg tech provider, Comentis has announced the launch of its new customer vulnerability assessment for lenders and brokers working in consumer finance. Comentis provides an online vulnerability assessment to identify vulnerable customers and provide tips and advice on how best to support them as they go through the finance process. Jonathan Barrett, CEO of Comentis…
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