Credit, Collections & Insolvency News
The AI Accelerator, delivered by The University of Edinburgh’s world- leading Innovation Hub for Data Science and Artificial Intelligence, the Bayes Centre, has selected a group of emerging companies from Scotland, the UK and other parts of the globe for this year’s programme. Among the 12 winners is Inicio AI, an AI start-up founded as…
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Computershare Loan Services and The Deposit Protection Service (The DPS) have awarded £40,000 to national youth homelessness charity Depaul UK for the second year running. The organisations said the donation would help the charity continue to tackle the root causes of homelessness and improve financial wellbeing among young people aged 16-25. Nicola Harwood, Director of…
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Flexys has announced it has appointed of Marina Pastoriza to the role of Chief Revenue Officer. Pastoriza has twenty years of experience in sales and leadership roles in different geographies, providing solutions to banks and financial institutions. Over the duration of her career, she has helped organisations drive new business ventures in emerging markets and…
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TCN, a cloud-based call centre platform for enterprises has announced that ACT Credit Management, has selected TCN after an extensive search to find a complete contact centre solution. Russell Collins, Head of Compliance at ACT said “The service has been second-to-none, and the technical support provided by the TCN team is just one of their…
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Lowell Group has announced that it has appointed Clodagh Gunnigle as Non-Executive Director (NED) to the company’s UK board. As part of her role at Lowell, Gunnigle will become Chair of the UK Audit and Risk Committee. Gunnigle brings with her a wealth of experience and knowledge in global financial services and consumer credit, having…
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Phillips & Cohen Associates (PCA) has announced that it has appointed Janneen Jackson to lead the latest of PCA’s technology launches, The Debt Settlement Registry (powered by SettleNOW). PCA’s proprietary platform, The Debt Settlement Registry (DSR) provides creditors and debt settlement agencies (DSA’s) access to streamlined and strategic oversight of consistently growing debt settlement portfolios.…
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IE Hub has announced it has partnered with The Cumberland Building Society. The partnership will enable the Society to send a link to the IE Hub online platform to support customers who are struggling financially. Once on the platform, customers will be able to share their income and expenditure information easily, without the need for…
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Indesser has reported that it has recovered £3 billion of money for taxpayers since 2015. The company says that the figures represent a key milestone in the government’s debt recovery journey and comes as the amount of debt owed to government peaked at a record £64.5 billion immediately following the pandemic. Indesser, which is part of TDX…
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Phillips & Cohen Associates, (PCA), a specialist in deceased account care servicing and technology solutions, has announced that Saima Hassan has joined as the UK Director of Operations for The Estate Registry UK (TER). Launched in 2021, TER currently provides three innovative solutions, LegacyNOW, NotifyNOW and InheritNOW offering digital, deceased servicing solutions in areas of…
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Trustfolio has announced that it has partnered with Equifax to launch a new feature powered by Open Banking. The new Debt Adviser Support Portal feature will allow advisers to gain instant access to bank transaction data in an income & expenditure-friendly format, mapped to the Standard Financial Statement. Alongside the client credit reports from multiple…
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End-to-end collections and recovery specialist C&R Software has announced a partnership with Elanev to provide propensity scores. Elanev scores are UK and US-wide. Uniquely they apply to all customers, new and current, credit active and inactive and are updated daily. They include propensities for contact, payment, and financial vulnerability/resilience as well as the best time…
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Ecospend, the open banking technology provider has announced that it is partnering with enforcement and debt resolution specialist CDER Group to provide its account to account ‘Pay-by-Bank’ solution. Collecting over £250m of unpaid Central and Local Government debt each year, CDER Group are using Ecospend’s ‘Pay-by-Bank’ solution to provide an additional, easy to use, secure…
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Equifax, has announced the appointment of Stéphane Dubois as Senior Finance Officer for Europe. Dubois has over 20 years’ leadership experience and joins Equifax from Dutch manufacturing company AkzoNobel, where he spent three years as Head of Finance Transformation, a role that involved his transformation of the company’s finance function. Dubois will report to Leo…
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