Credit, Collections & Insolvency News
Just Mortgages has announced that it has appointed its first female Financial Services Director as it continues its expansion and diversity drive. Kerry-Ann Davies has been in financial services for 16 years having spent 13 years at NatWest where she managed a team of mortgage advisers and helped them to exceed compliance and productivity performance…
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Dow Schofield Watts has announced that it will launch a debt advisory arm. Phil Tarimo will lead the new service, DSW Debt Advisory, which is aimed at medium-sized companies seeking debt funding of £20 million or above. It will initially operate from the firm’s Northern offices but the aim is to roll it out nationally.…
Read moreBilling software specialist Echo Managed Services has appointed four new team members to Aptumo, multi-utility billing software division. The billing technology business has taken on four new members of staff this month, as it expands the team behind its innovative and flexible, customer-friendly billing engine. Following a number of on-going projects and continued interest in…
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StepChange Debt Charity has announced that it is entering into an exciting new partnership with fintech innovator OpenWrks to bring the opportunities offered by Open Banking into its services. StepChange’s new Money Coaching tool, which will be made available to clients accessing support with their persistent credit card debt, will utilise OpenWrks’ sector-leading Open Banking…
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Credit management company, Lowell has appointed Jamie Wilson as Group Chief Financial Officer (CFO). Wilson will join Lowell’s Group Executive team and become a member of the Investor Board. He will take up his new role with effect from 2nd March. Most recently Wilson was EVP and CFO of Avon Products Inc,; prior to that,…
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Yobota, the cloud-based banking platform provider, has selected fintech, Credit Kudos, as its open banking credit bureau, allowing Yobota customers to significantly improve affordability and credit risk modelling. Currently, financial institutions are operating on complex, legacy technology architectures many of which were developed in the 1970s/80s. This not only increases operational cost and risk but…
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Aire, the credit insight service, today launched a range of new services – the Aire Credit Insight Suite – to offer UK lenders greater decision-making power when it comes to assessing customers for credit risk and affordability. Operating across the customer lifecycle, Aire enables lenders to make fairer, more accurate credit decisions about their customers:…
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Bridging Finance Solutions (BFS) have announced that a customer experience partnership, Nivo. The partnership will give BFS digital and remote access the application process. Steve Barber, Managing Director of Bridging Finance Solutions said “We are constantly exploring new ways where technology can improve our business processes, opening and enhancing channels of communication.” “The introduction of…
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The Financial Conduct Authority (FCA) has announced the appointment of Sheldon Mills as the Interim Executive Director of Strategy and Competition. Currently the FCA’s Director of Competition, Sheldon will replace Christopher Woolard as he steps into the role of Interim Chief Executive. He will become a member of the FCA’s Executive Committee. Sheldon joined the…
Read moreConversational middleware company Webio has announced it has achieved ISO 27001 certification. ISO 27001 is the internationally recognised Information Security Management Standard that proves an organisation’s commitment to the security of their customer, employee and shareholder’s information. The information security management accreditation has been achieved by demonstrating Webio’s commitment to protecting data and corporate information. …
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Glasgow-based software provider, HubSolv has announced a move to a new office in Glasgow City Centre, as part of the company’s expansion plans. Located in a prime location within Glasgow city centre, HubSolv’s new office is a stone’s throw from their previous setting, and it is more than double in size totalling 2,896 square foot.…
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Challenger bank N26 has announced that it will exit from UK banking market. The banks says that with the UK having left the European Union, that it will be leaving the UK market. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate…
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Credit risk analytics specialist, Jaywing, has been appointed by Skipton Building Society as their independent model validation partner. The partnership began with Jaywing’s validation of Skipton’s IFRS 9 models in September 2019. Having demonstrated its modelling and regulatory expertise through this initial project, Jaywing was then commissioned to extend its work with the validation of…
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