Credit, Collections & Insolvency News
TruNarrative and ieDigital have agreed to join forces to facilitate digital transformation and provide cutting edge customer onboarding and monitoring processes, reducing account opening time to less than four minutes. TruNarrative provides a platform for compliance, customer onboarding and financial crime prevention whilst ieDigital delivers interactive solutions, to banks, building societies, consumer finance, motor finance…
Read more
Starling Bank has agreed to a £50 million deal to acquire for buy-to-let mortgage group Fleet Mortgages. The deal is the first acquisition by the Goldman Sachs-backed start-up that is targeting an initial public offering within two years. Fleet Mortgages, based in Hampshire, focuses on providing mortgages to professional and semi-professional buy-to-let landlords, only via…
Read moreEnforcement services specialist, Marston has been shortlisted as a top 20 organisation in the Investors in People’s (IIP) Platinum 250+ award category. The company was awarded Platinum IIP accreditation in 2020, a level that is achieved by only 2% of organisations assessed and demonstrates an organisation-wide, long-term commitment to consistently meeting the highest standards and…
Read more
Tesco Bank has announced that all Tesco Bank Personal Current Accounts will close from Tuesday 30th November 2021. Tesco Bank’s Current Account was closed to new business in December 2019 and will now also close for existing customers. Tesco Bank will write to Current Account customers to inform them of the closure of their account…
Read more
Deko has announced the appointment of Tom Myles as Chief Technology Officer and Rob Fernandes as Chief Product Officer. Myes joins Deko after over twenty years’ experience in the payments, banking and fintech sector. In his most recent position as Chief Technology Officer of Barclays Payment Gateway, he led the modernisation and delivery of the…
Read more
Nationwide has announced a partnership with OpenWrks, a UK based provider of open banking applications, to help its customers facing financial difficulty. OpenWrks, using Open Banking technology, helps people in financial difficulty quickly pull together information from different accounts and sources to easily built an accurate digital income and expenditure statement. Their solution uses conversational…
Read more
Phillips & Cohen Associates has announced the launch of their proprietary data management platform. The new platform, named The Estate Registry offers three uniquely designed editions which, when combined, create a platform that accomplishes PCA’s mission of compassionately simplifying the complex process of probate estate management, Executor/administrator notification obligations and account resolution. PCA will launch…
Read more
Business and consumer insights specialist Equifax and challenger bank, Revolut have announced a new strategic partnership that provides differentiated data assets and real-time predictive analytics for a faster, more informed view of customers and prospects. With over 100 million monthly transactions and 15 million global users, the Revolut app enables individuals and businesses to exchange,…
Read more
A new digital platform has been launched by Exizent to help accountants that manage probate cases to streamline inefficient and costly processes with easier estate management and case administration. The platform connects data, services and the network of people involved when someone passes away. It enables users to capture all estate information in easy to…
Read more
Consumer credit technology and outsourced services provider EQ Credit Services (EQCS), part of EQ (Equiniti Group) has announced that it has recently onboarded a raft of new standby servicing contracts, bringing its portfolio (for standby alone) to 100 different lending facilities. The company’s standby services division now protects more than 50 active lending clients…
Read more
RVU, owners of Uswitch, Confused.com and Money.co.uk has agreed to acquire Mojo Mortgages. Mojo, based in Manchester, is a free online mortgage broker, delivering personalised mortgage recommendations through a hybrid of smart tech and human mortgage experts. The growing company of over 60 employees has won numerous industry awards for innovations such as Mortgagescore, an…
Read more
FinTech company IE Hub is callung for change in a battle to support consumer needs. The firm has reached out to experts from energy, water, customer vulnerability, and technology in a drive to build a robust ‘Thought Leadership Group’. The Group chaired by Ian Parry, aims to build a vibrant community through which the sectors…
Read more
Specialist recoveries management agency, Phillips & Cohen Associates has announced that it has to have achieved the BSI 18477:2010 accreditation for its handling of vulnerable UK consumers. BSI 18477:2010 is the acknowledged international standard for businesses, recognizing the provision of inclusive services, equally accessible to all consumers regardless of their personal circumstances. PCA, which has…
Read more