Credit, Collections & Insolvency News
Katie Johnson has been named as Hodge Bank’s new Managing Director (MD) of Savings. Johnson is a qualified Actuary who has been with Hodge for almost eight years, has previously held a number of different roles. Her most recent roles in Pricing and Underwriting, involved managing product performance, assessing new product opportunities, strategic business planning,…
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Credit information consultancy, PurplePatch, has successfully completed the renewal of the meticulous Hellios FSQS stage 2 qualification process, a benchmark used by major banks and financial institutions when selecting suppliers. One of the key aims of FSQS is to ensure that financial institutions meet the growing and diverse nature of regulatory requirements when it comes…
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G3 Vehicle Auctions announce the development of their new dedicated WAV (Wheelchair Accessible Vehicles), light commercial vehicle and motorbike auction centre in Leeds, West Yorkshire. The WAV and LCV centre is ideally located at Junction 30 of the M62, less than 10 miles from their new auction facility at Junction 32 of the M62. The…
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Aryza has announced a new strategic investment in Birmingham based Back2Credit, an authorised debt solution provider with over ten years of trading experience. Dedicated to helping consumers better manage their repayment options, Back2Credit offers flexible debt management plans, all tailored to meet the individual needs of the customer. Every Back to Credit customer has their…
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Debt advice specialists, PayPlan, have launched a new online resource to help people better manage their relationship and approach to money. The Financial Wellbeing Hub is free for everyone to use and sets out steps to improve your financial education and look after your personal wellbeing. A person’s financial wellbeing is made up of their relationship with…
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Monzo Bank customers can now connect their bank accounts to Experian Boost, giving them the ability to increase their Experian Credit Score instantly for free as a result of a new partnership agreed by the companies. Experian Boost helps consumers improve their credit scores using transactional information like total current account incomings and outgoings, as…
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StepChange Debt Charity has announced the appointment of Chris Wood as a Trustee. Wood has extensive experience in both executive and non-executive roles. He brings with him first-hand expertise in the consumer credit sector with an understanding of its economic and regulatory drivers and, most importantly, a strong belief in the fair treatment of consumers.…
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TransUnion has announced it will continue to support Save the Children as its 2021 charity partner in the UK. Over the past year, TransUnion has taken part in a range of activities to raise much-needed funds for the charity, which have helped make a real difference, for example delivering a day’s worth of food to…
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The Financial Wellness Group has launched Benesse Advice, which will focus on delivering its services via partner organisations, including creditors, housing associations, employers and other businesses. Benesse Advice will work with partners to support those with serious problem debt – including access to free holistic debt advice via phone and digital channels and, where suitable,…
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Shawbrook Bank has announced the acquisition of residential and buy-to-let markets specialist intermediary mortgage business, The Mortgage Lender (TML). Shawbrook, itself a specialist lender to UK SMEs, has agreed to acquire TML for an undisclosed fee in a strategic purchase that provides the Bank with substantial growth opportunities. TML will retain the brand that has…
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The Aryza Group has launched Aryza Annual Review, a new digital solution designed to help IVA providers better manage customer repayment plans. By using either Open Banking data or inputting the information manually, customers can conduct a full review of their monthly income and expenditure from their mobile device, tablet or desktop computer, with the…
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The Aryza Group has announced the acquisition of HubSolv. The companies says that the acquisition will significantly strengthen Aryza’s already dominant position within the financial services and insolvency market. Aryza incorporates technology such as Open Banking and AI-informed decision making to seamlessly automate the financial restructuring and recovery journey. HubSolv has developed a suite of…
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Hodge Bank has announced a number of changes to its mortgage team. As part of the changes, Ryan Davies has been appointed as the Managing Director of Mortgages, after having held the role on an interim basis since March 2020. Before taking on the role of MD of Mortgages, Ryan Davies has held various roles…
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