Credit, Collections & Insolvency News
Specialist credit risk and collections platform provider LendingMetrics has announced it has appointed a new Project Manager. Katey Watkins, who has a background in telecoms project management, will help deliver LendingMetrics’ automated underwriting products ADP, LMX and OpenBankVison (#OBFREE) to its growing customer base in the finance industry. David Wylie, Director of LendingMetrics, said “Demand…
Read moreThe home credit division of Non-Standard Finance (NSF) is to be floated on the London Stock Exchange as an independent company if the £1.3 billion takeover of Provident Financial is to go ahead. NSF has told the Competition and Markets Authority (CMA) it would demerge the Loans at Home division to avoid competition concerns if…
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Edinburgh water company Business Stream has appointed former Tesco Bank and HBOS executive Margaret McLay as Director of Business Transformation. McLay was head of management operations at Tesco Bank where she helped deliver the transition after RBS sold its share in the Tesco Personal Finance business. McLay will be responsible for overseeing the transformation of…
Read moreAnders Engdahl has been appointed new Chief Financial Officer (CFO) of Intrum. Engdahl is currently Chief Investment Officer. Mikael Ericson, President & CEO of Intrum said “Anders Engdahl has since he joined Lindorff in 2014, gained deep understanding of our core business, both debt collection and portfolio investments. He has a broad and long experience…
Read moreOpenBanking and auto-decisioning technology provider LendingMetrics has unveiled a new-look website to fill what it says are giant OpenBanking knowledge gaps. The site – www.lendingmetrics.com – has been re-designed to spell out how OpenBanking can dramatically improve the quality of underwriting and boost standards of compliance. A series of questions determines the type of business…
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Consumer and business insights specialist Equifax has moved offices to 1 Angel Court, Bank, at the heart of the City of London. Previously located in Marylebone, the move will place Equifax at a prestigious central London address within ten minutes’ walk of seven mainline and underground stations. It brings the firm closer to a large…
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One Savings Bank has announced that it has appointed Jaywing as independent risk model validation partner, as it embarks on its IRB programme Credit risk analytics experts, Jaywing, announces that it has partnered with specialist lender One Savings Bank within its second line function, to independently review and challenge its models, with the first task…
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Insurance provider, Hastings Direct, has announced it has extended its relationship with Equifax, the consumer and business insights expert, in a multi-year deal. Equifax provides fully integrated data solutions to inform and support the speed and accuracy of Hasting Direct’s pricing decisions. The partnership between Equifax and Hastings Direct harnesses consumer data, ID verification and…
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Fintech platform Freedom Finance has announced that it has appointed Jake Ranson as Chief Customer Officer (CCO) to further drive its digital transformation. Ranson joins from Equifax where he held the position of Chief Marketing Officer for Europe. Ranson will be responsible for furthering Freedom Finance’s customer strategy, helping potential borrowers to understand and unlock…
Read moreDebt collection specialist Opos has announced that it has appointed John Freel as Head of Client Engagement. Freel has over 30 years’ experience within the collection and debt purchase industry and is known for his honesty, integrity and commitment to exceeding clients’ service requirements. Freel said “My reasons for joining Opos were straightforward. Firstly, I…
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MotoNovo Finance has announced it has become part of Aldermore, following its successful integration with the UK specialist bank. The announcement comes after Aldermore was acquired by FirstRand group in March 2018, and marks the successful coming together of FirstRand’s UK operations in retail, business and motor finance. The MotoNovo Finance business has been owned…
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Financial capability charity, The Money Charity, has announced that it has now reached over 200,000 recipients of their high-quality financial education in a Money Workshop at Darton Academy in Barnsley. Delivering financial education to young people has never been more essential as negotiating the world of money and personal finance remains a confusing, intimidating prospect…
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Business process outsourcing (BPO) and operational transformation provider, Target Group has announced the appointment of Stuart Anderson as Chief Commercial Officer. Anderson brings more than 30 years of experience in the financial services industry, including leading high-performance teams within the banking and insurance sectors and specialising in complex business services and transformational BPO. Anderson joins…
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