Credit, Collections & Insolvency News
Aryza has announced it is accelerating its European roll-out through the acquisition of Collenda, a leading DACH and Benelux credit management software provider. Collenda provides an end-to-end integrated credit lifecycle platform for banks, corporates, and debt collection agencies. It covers the entire credit value chain from origination and servicing to collection and recovery. The Collenda…
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Arvato Financial Solutions have announced the appointment of Peter Wallwork as Non-Executive Director. Over the last twenty years, Wallwork has built a reputation for managing complex external messaging and stakeholder relationships, positioning innovative solutions into often misunderstood, highly-regulated customer-facing markets. During his ten years as CEO of the Credit Services Association (CSA), Wallwork led a…
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Global information and insights company, TransUnion announced its support for Save the Children, raising over £18,000 for the charity thanks to a range of fundraising activities over the past two years. TransUnion colleagues took part in a ‘Step it Up’ challenge, where over a five-week period, participating members walked a combined distance of 14,513.4km. Premier…
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Together Energy has become the first supplier of 2022 to cease trading following weeks of speculation about the company’s future. The energy company, which was founded in 2016, included subsidiary and former council-owned supplier Bristol Energy. It served 176,000 domestic customers and one non-domestic customer Under Ofgem’s safety net, customers’ energy supply will continue and…
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Arum has been named as a supplier on Crown Commercial Service’s (CCS) Debt Resolution Services (DRS) framework to provide to provide Fraud, Error and Debt (FED) Advisory services to Central Government and the wider public sector. CCS supports the public sector to achieve maximum commercial value when procuring common goods and services. In 2020/21, CCS…
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Marston Holdings has announced its acquisition of Vortex IoT, a supplier of environmental sensors, networks and data solutions that support improved air quality and decarbonisation initiatives. Marston supports government, utilities and private sector clients through the delivery of market leading integrated technology-enabled solutions from design through to implementation, management and recovery. Marston’s clients include local…
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Recoveries specialist The Zinc Group has announced a solid end to 2021 with the completion of two successful bids in the banking and finance sectors. The company says that the two new contracts follow a successful year that saw several new initiatives across the business in 2021. This included the launch of “Safe-Harbour” Zinc’s vulnerable…
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Arrow Global has announced that it has acquired a significant minority stake in Maslow Capita, a provider of UK real estate development finance. Arrow says that the acquisition will help the existing Maslow management team, led by Chairman Marc Rose and CEO Ellis Sher, accelerate their ambitions to capitalise on opportunities in real estate development…
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Debt solutions specialist Back2Credit has announced the launch of their consumer debt advice platform, designed to provide individuals with quick access to the financial recovery and restructuring options available to them. Dedicated to transparency and helping consumers better understand and manage their options, the Birmingham-based firm is an FCA authorised debt solution provider with over…
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IE Hub has been appointed as a supplier of Crown Commercial Service’s (CCS) Debt Resolution Services (DRS) framework. Designed to bring together a range of debt collection and data services into a single commercial agreement, DRS framework has been built to provide a more consistent and integrated approach to debt resolution. It aims to improve…
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Just, the enforcement market integrator, has been named as a supplier on Crown Commercial Service’s (CCS) Debt Resolution Services (DRS) framework to provide Enforcement Services and Managed Enforcement Services. The framework can be used by central and local government departments to contract services for the enforcement of public sector debt. CCS supports the public sector…
Read moreThe Vulnerability Registration Service (VRS), a not-for-profit company providing the UK’s first central vulnerability database, has partnered with Data On Demand, an alternative consumer data specialist that aims to improve service providers’ engagement with customers. The partnership will mean that the Vulnerability Registration Service’s database will feed into Data On Demand’s existing data insight to…
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Open banking provider, Yolt has announced a strategic partnership with The Digital Debt Resolution Agency (The Digital DRA) to harness open banking payment and data services to improve debt resolution in the UK. Yolt’s Account Information Service (AIS) and Payment Initiation Service (PIS) provided to The Digital DRA, will go live in January 2022 and…
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