Credit, Collections & Insolvency News
Christians Against Poverty (CAP) has announced the appointment of Gareth McNab as its new Director of External Affairs. McNab brings with him a wealth of knowledge and experience with over 17 years’ experience in the financial services sector. From starting a debt advice arm of a small charity 15 years ago, he’s worked in a…
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Secure Trust Bank has named former Tesco Bank MD as its new Chief Executive Officer (CEO). David McCreadie has been appointed as its new CEO after Paul Lyam announced he was leaving to join EQ Group. McCreadie is an experienced banker, who has worked in financial services for more than 30 years, and has been…
Read moreEQ Group announced the appointment of Paul Lynam as Chief Executive Officer (CEO) with effect from 1st April 2021. Lynam will succeed Guy Wakeley who has been in the role since 2014. Lynam joins from Secure Trust Bank where he has been Chief Executive since 2010. Philip Yea, Chairman of EQ, said “I am very…
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Financial recoveries specialist, The Zinc Group has announced that it has selected CCS to provide their recently launched Omni-Reach platform. The service from CCS provides real-time two-way messaging, an intelligent chatbot and is truly multi-channel being deployed by web, SMS, e-mail, and social-media. The chatbot can be trained or can self-learn to complete several tasks…
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Morses Club has seen pre-tax profits hit due to the coronavirus pandemic, saying a decline in customer numbers during the six months to August 29 had been considerably steeper than expected. Restrictions on lending to new customers in place from March until mid-July meant it saw 25,000 fewer new customers. The company has also seen…
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Webio has announced that it ranked number 2 in the 2020 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. The Technology Fast 50 award program recognises the fastest-growing technology companies in Ireland and is based on the percentage of operational revenue growth over a four-year period. With revenue…
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Admiral Financial Services has announced that it has selected challenger credit reference agency Credit Kudos to provide Open Banking data to initially help with income verification in a bid to support consumers across its personal loan products. This partnership will provide Admiral with access to additional, more up-to-date information than was previously available through traditional…
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Leeds Building Society is working with leading financial services technology provider, Paylink Solutions, to help mortgage customers who may be facing financial difficulties. The building society has adopted Paylink Solutions’ flagship product Embark to obtain a clear and accurate picture of a borrower’s financial situation quickly and digitally. Jaedon Green, Chief Customer Officer at Leeds…
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Specialist lender Together has made a £10,000 donation to Stockport County FC’s charity campaign to provide meals for youngsters over the festive period. Marc Goldberg, CEO at Together has contributed on behalf of the company to the football club’s Food for Christmas appeal. The campaign aims to raise £220,000 to provide food vouchers for children…
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The name Robinson Way, one of the oldest in the UK Collections industry, is to disappear eight years after the business was acquired by Hoist Finance. The company will become Hoist Finance UK. The move follows a strategy to unify and harmonize the company’s operating model across the 12 countries in which it operates as…
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Alphera Financial Services has announced the appointment of Preston Rogers as the company’s new Director for Financial Services. Rogers will replace Spencer Halil who will join Alphabet (GB) as their new Chief Commercial Officer. Both appointments are effective from February 2021 and subject to approval from the Financial Conduct Authority (FCA). Rogers, currently General Manager…
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UK anti-money laundering (AML) firm SmartSearch has expanded its senior team with three new appointments in November. The roles of Vice President of Customer success, Head of Sales and Enterprise Development Manager have been created in response to the increasing demand for the award-winning solution. SmartSearch’s anti-money-laundering verification platform conducts individual and business searches, both…
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Specialist home credit provider Morses Club, says its revenue increased by 14.3% to £133.7 million (FY19: £117 million) in its preliminary results for the 53 weeks ended 29 February 2020. The listed business also reports a statutory pre-tax profit of £11.5 million (FY19: £20.2 million). Total credit issued to Home Collected Credit (HCC) customers was…
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