Credit, Collections & Insolvency News
TransUnion has launched the latest evolution of its end-to-end, API-driven Open Banking solution, designed to assess income and expenditure, affordability and creditworthiness. New developments are wide-ranging, with improved analytics capabilities and a streamlined screen journey which includes anti-money laundering (AML) checks. These checks must be conducted as part of the Open Banking process, and are…
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TransUnion has announced that it has appointed Tammy Taylor-Stowe as its new Chief Human Resources (HR) officer for Europe. Taylor-Stowe will be responsible for leading the HR strategy and people operations for the global information and insights company in the UK, Lithuania, Ireland and Spain. Taylor-Stowe brings extensive experience in transformational HR strategies and has…
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Just, the enforcement market integrator has appointed Sean Lawrence as its Senior Analyst. Lawrence joins Just after six years with TDX Group. Lawrence has extensive experience of designing recovery and performance strategies and drawing conclusions through the application of advanced data mining on large datasets and at TDX was responsible for large public-sector debt portfolios. During…
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Debt management solutions specialist, Flexys Solutions has announced that it is expanding its debt collection solution business to include Australia, New Zealand and the wider APAC region. The company has appointed a new Regional Director, William Swale for the region. Swales has over 30 years of experience in financial services and utilities. He has held…
Read moreFree debt advice provider, PayPlan, has launched a new enhanced Business and Self-Employed Debt Advice Team for people who are self-employed, or run their own business, and need help with debt. With the current economic climate impacting almost five million self-employed people and six million small businesses across the UK, there has never been a…
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Newly launched debt funding specialist. DSW Debt Advisory has appointed a new Managing Director (MD). Simon Carrier, who recently departed his post as Regional Managing Director of Shawbrook Bank, has joined as a Partner to help meet the growing demand. Simon’s 25-year banking career includes spells at RBS, Bank of Ireland and Santander where, as…
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Hanley Economic Building Society has announced that it has made two senior appointments and added two new members to its board. The company has appointed Jenny Jones as Head of Finance and Anna Guy as Head of Risk, while adding Ian Henley and Liz Whitfield to its board. Jenny Jones joined the society as a…
Read moreRefuge, the UK’s largest national domestic abuse charity, and free debt advice provider, PayPlan, are working together to support survivors of domestic abuse to become debt-free. The collaboration has seen PayPlan provide key information for Refuge’s frontline staff to help survivors manage their income and expenditure, helping vulnerable people get a handle on their finances. In…
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Financial advisory company, Begbies Traynor has announced that it has acquired a portfolio of 503 Scottish personal insolvency cases and a team of five fee earners, from Grant Thornton in a deal thought to be worth £500,000. The acquisition will increase the group’s existing operations in Scotland, which provide corporate and personal insolvency together with…
Read moreCredit management specialist, Lowell has announced that it has made two new appointments to its Group Executive team. Thomas Lingen has joined as Group General Counsel and Bitte Ferngren joined as Group Chief People Officer. Lingen joins Lowell from Office Depot Europe in the Netherlands, bringing with him experience of leading legal functions for multinational…
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Metro Bank has announced that Martin Boyle has been appointed Chief Transformation Officer. Boyle will report to the CEO, Dan Frumkin and will be a member of the Bank’s Executive Committee (ExCo). Boyle is an experienced change and operations leader with extensive retail banking expertise, joins from Nationwide Building Society, where he was Chief Transformation…
Read moreThe Financial Conduct Authority (FCA) has opened an investigation into subprime lender Amigo Loans (The Richmond Group), the company has announced In a stock market update. Amigo said the FCA started an investigation on Friday into whether Amigo’s creditworthiness assessment process and its governance oversight of this was compliant with regulations. News of the investigation…
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Fintech business DebtStream has announced that it has partnered with Qualco to power their digital capabilities providing highly personalised and flexible self-service customer journeys within the company’s collections & recoveries platform. DebtStream has said that it aims to transform the collections landscape with their digital self-service solution focused on delivering engaging experiences for customers in…
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