Credit, Collections & Insolvency News
Data On Demand has announced it has appointed Denise Crossley to its board. Crossley is the former Group Chief Executive Officer and current Non-Executive Director (NED) of Lantern Group and served for more than 12 years as a Non-Executive Director of the Credit Services Association (CSA). She brings extensive experience in debt recovery, operational governance…
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The Money and Mental Health Policy Institute has announced that it has awarded HSBC an ‘Advanced rating’ through its Mental Health Accessible programme for essential services firms. HSBC UK’s ‘Advanced’ rating is the second of three levels firms can achieve through the Mental Health Accessible programme (the bank reached the first level in September 2023).…
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DCB Legal has announced that it has appointed Eddie Harrison as its new Managing Director (MD) to lead the business into a new era of expansion. Harrison brings more than 20 years of experience across debt recovery, litigation, and financial services. Harrison most recently oversaw the build of debt collection processes for Revolut UK, managing the…
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IE Hub has announced a new partnership with National Debtline, a provider of free debt advice. The collaboration is designed to make it simpler for people to access professional support and share their affordability information with creditors. The new collaboration gives the customer the ability to connect directly with National Debtline from IE Hub and…
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Cinven and CVC have agreed to sell NewDay’s portfolio of consumer credit receivables to private credit funds and accounts managed by KKR. The transaction effectively separates NewDay’s credit balance sheet from NewDay’s origination and servicing business. KKR will enter into a multi- year forward flow agreement with the NewDay Operating Group in respect of its…
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The Civil Court Users Association (CCUA has announced that it has appointed Neil Jinks as its new Chair following an election. Jinks succeeds Rob Thompson who concludes a distinguished five-year tenure as Chair and a long-standing commitment to the CCUA through various committee roles. Lisa Keating of Davisa Solutions has been elected to replace Jinks…
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Debt management services provider Lantern has announced a new digital transformation partnership with Aryza’s Engage platform within its operations to improve customer support. Paul Mason, Lantern CEO, said “The sector we operate in often means our customers are anxious by their financial situation, and part of our role is to make managing the debt recovery process…
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Halton Housing has announced an new partnership with financial wellbeing provider Money Wellness to support tenants who are struggling with money worries, such as rent arrears, debt, or a sudden drop in income. Through the partnership, Halton Housing tenants will be able to access free, confidential advice from Money Wellness. Their expert advisers will help…
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Money Advice Liaison Group (MALG) has announcedunced the appointment of Muna Yassin MBE and Jason Wassell to its board. Yassin is CEO of Rooted Finance and Wassell is CEO of the Consumer Credit Trade Association (CCTA). This latest announcement follows the recent appointments of MALG Chair, Fiona Hoyle of Finance and Leasing Association, and new…
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Social lender, Fair for You has announced that it has appointed Mark Trenavin-Body as a Non-Executive Director. Trenavin-Body is a senior finance leader with extensive experience across sectors including financial services and not-for-profit. He is currently Chief Financial Officer at St Edmundsbury and Ipswich Diocesan Multi Academy Trust, which includes 21 schools and employs nearly…
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Water regulator, Ofwat has announced that Chief Executive Officer (CEO) David Black is stepping down at the end of the month. The news follows the Defra announcement that Ofwat is to be transferred into a new, integrated water regulator. Black will be standing down at the end of August with an interim appointment will be…
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Martin Jackson, Founder and Managing Director of JMAC Business Consulting, has been shortlisted as a finalist for the prestigious Institute of Directors (IoD) England Director of the Year Awards in the Innovation category. Jackson’s recognition stems from his leadership in JMAC’s pioneering work with FinTech leader Hope Macy. Tasked with developing a credit rating system…
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QUALCO UK announced that it has reached an agreement to acquire the Everyday People Financial Solutions (EPFS) ‘Panel Manager’ platform. The transaction includes the novation of two prime client contracts including E.ON Next, and a major telecoms, internet and media provider, together with all of the intellectual property relating to the Panel Manager software application…
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