Credit, Collections & Insolvency News
Scottish FinTech Exizent has announced three new client partnerships with Countrywide Tax and Trust Corporation, Thursfields Solicitors and Thorntons. All three companies have agreed to digitise their probate with Exizent’s new platform. In September, Exizent raised £3.6 million in funding to transform the way the legal and financial services industry deals with bereavement by bringing…
Read more
Enforcement services specialist, Marston Holdings has donated £10,000 to Radical Recruit’s crowdfunding campaign. The donation will enable Radical Recruit, a not-for-profit organisation that bridges the gap between disadvantaged job seekers and the business world, to support even more homeless people back into the workplace by developing an online tool that will provide candidates with the…
Read more
Enforcement services group, Marston Holdings has announced the appointment of Andrew Solomou as Business Development Director. Solomou has extensive business development experience and joins direct from The Sherriff’s Office, a provider of debt recovery and enforcement services. In his previous role, as Business Development Manager, he supported clients through the delivery of a range of…
Read more
Nationwide Building Society has launched a new start-up challenge to help tackle the Poverty Premium. The company says that Covid-19 has had a detrimental impact on the finances of many households – a situation that will be exacerbated when the furlough scheme ends. Some estimates suggest that almost 700,000 additional people faced poverty during the…
Read more
Fintech lender, Blue Motor Finance has announced a new partnership with challenger credit reference agency and Open Banking provider, Credit Kudos, to extend its services to even more customers. Blue is a technology-focused lender delivering innovative motor finance solutions for more than 150,000 customers. Leveraging Credit Kudos’ rich transaction data and insights via API integration…
Read more
Everyday Loans has announced that Jon Wiggins has been appointed as its new Chief Executive Officer. Wiggins joined the company in 2017 as Managing Director. Prior to working for the UK’s largest non-standard branch-based lender of unsecured loans, Wiggins held senior roles at financial services multinational Citibank for two decades, including overseeing its Central Europe…
Read more
TransUnion has announced that it has signed up to the Race at Work Charter and has also launched a Diversity and Inclusion Forum. The Race at Work Charter, created by Business in the Community (BITC) in partnership with the UK government in 2018 to improve outcomes for black, Asian and minority ethnic employees in the…
Read more
Leading sustainable mobility specialist, Arval UK, has announced a change to its executive management team, with the appointment of a new Managing Director. Its current lead, Miguel Cabaca, has headed-up the UK business since December 2017 and will take up a new position within the group in Spain, as its Managing Director. Having held the…
Read more
Target Group is launching a fully digitalised mortgage platform which it says will transform the mortgage application process. The company says the launch of ‘Mortgage Hub’ will speed up the ‘outdated and cumbersome’ mortgage application process and increase accuracy. The system reduces the need for repetitive data entry as it integrates with Open Banking and…
Read more
Christians Against Poverty (CAP) Founder John Kirkby is stepping down from the business after 25 years. Kirkby launched Christians Against Poverty (CAP) in Bradford in August 1996. The charity works with a network of churches and has a commitment to making its services available to all, regardless of religion or belief. CAP, which also operates…
Read more
Software solutions specialist, Aryza has announced new enhanced functionality for its Debtsense customers. The change will allow financial businesses to review their customers affordability and propose automated changes to their credit limit based on their own rules, that are built into the system. Incorporating technology such as open banking, AI-informed decision making and intuitive customer…
Read more
A subsidiary of Equifax has acquired transaction data analytics company AccountScore to bolster its Open Banking and insights capabilities. The acquisition will see Equifax enhance its consumer and commercial product offerings, combining traditional credit bureau information held by Equifax with bank transaction data, facilitated by AccountScore. Integration of these new data assets will enable Equifax…
Read more
Data insights specialist Cerebreon has announced that it has joined the Vulnerability Registration Service (VRS) platform. Gillian Doyle, CEO of Cerebreon, said “Checking for vulnerability should be as normal to the financial services industry just as anti-money-laundering and credit checks are. This is much more than a regulatory issue – by signing up to the…
Read more