Credit, Collections & Insolvency News
Cabot Financial, the UK debt purchase arm of the Cabot Credit Management group, has launched a new graduate analytics programme, with four new recruits. The programme, aimed at those seeking a long term career in analytics, is set to run for two years and the graduates will get the opportunity to work in four of…
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One of the largest guarantor lenders, UK Credit, has secured over £17.5 million in funding from Paragon. It is the latest deal for Paragon’s Structured Lending team, which has already provided over £130m of funding across a range of specialist lenders spanning consumer finance, point of sale funding, SME lending and property backed finance. Lewis…
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The Royal Bank of Scotland Group (RBS) has announced the appointment of Alison Rose as Executive Director and Chief Executive Officer (CEO). Rose, currently Deputy CEO NatWest Holdings and CEO Commercial and Private Banking, will take up the position on 1st November 2019 after an orderly handover has taken place. Ross McEwan will formally step…
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Bluestone Mortgages has announced the appointment of Steve Seal as Managing Director (MD). Seal joined Bluestone Mortgages in September 2017 as Director of Sales & Marketing and brings 24 years of financial services experience to his new role. Since joining the business, Seal has been instrumental in developing Bluestone’s mortgage proposition and positioning the business…
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Restons Solicitors have announced the appointment of Peter Stewart as Chief Executive Officer (CEO). Stewart will lead Restons Solicitors supported by Neil Kelly as Chief Operating Officer, Lee Warburton as Finance Director and Jeremy Bouchier as Chief Legal Officer. Stewart, a member of the Restons family, is a highly experienced and qualified Solicitor having spent…
Read moreFollowing months of hard work, the first apprentices undertaking their training on Apprenticeship Standards delivered by the Credit Services Association (CSA) are celebrating their success. A first for CSA Apprenticeship training has come from Stephanie Moss, from H&T Pawnbrokers – a CSA member and apprenticeship levy paying employer. Stephanie completed a Level 3 Compliance Risk…
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International postgraduate student loan provider, Prodigy Finance, has selected IRM software solutions provider SureCloud to consolidate, streamline and automate its risk, compliance, policy and incident management processes. After a five-month selection process that considered various vendors and platforms, Prodigy Finance selected four SureCloud products to provide a single centralised source of information and controls and…
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John Truswell has joined Newcastle Building Society as Head of Intermediary Mortgages. Truswell has more than 30 years’ experience in the mortgage intermediary market, having worked at Virgin Money, CHL, and more recently Together, where he was head of national accounts. He will head a team of seven BDM and key account managers at Newcastle…
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Financial crime and compliance software firm TruNarrative has strengthened its executive-level management team with the appointment of a new Chief Operating Officer (COO), to support the organisation’s growth. Having previously spent 11 years at major UK online retailer N Brown Group, as the company’s director of financial services, Stuart Daniels brings with him high-level expertise…
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Information solutions provider and credit reference agency, TransUnion, is helping UK students gain workplace skills and encouraging girls to consider careers in data science and technology through its second annual GirlsIntoTech initiative. Working in partnership with Bradford Girls’ Grammar School, TransUnion has helped 120 girls this year to gain an understanding of the technology sector,…
Read moreAutomotive fintech firm DealTrak has pledged to raise upwards of £6,000 for Action for Children, as part of the charity’s annual ‘Byte Night’ – which will see hundreds of people sleeping rough in Leeds City Centre. The event is the UK’s largest national corporate sleepout, with individuals and teams spending the night in Millennium Square…
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International deceased account management specialist, Phillips & Cohen Associates has announced plans to extend its unique, compassion-based servicing to the German market by confirming a long-term lease on a prestigious Düsseldorf base. The business, which has been providing niche services to creditors since its foundation in 1997, has identified the historic and vibrant city of…
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The Financial Conduct Authority (FCA) is stepping up its efforts to ensure firms are aware of what they need to do prepare for the potential of a no-deal Brexit. Firms who have not prepared appropriately may risk an impact on their business. To help firms prepare, the FCA will be running a series of digital…
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