Credit, Collections & Insolvency News
Aire and Experian have agreed on a new service which will allow Experian to sell Aire’s credit insight combined with their bureau and decisioning services. Experian and Aire are already working on integrating Aire’s credit insights directly into Experian’s PowerCurve credit decisioning platform for N Brown. This follows an initial proof of concept (POC) with Aire, which…
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Phillips & Cohen Associates, the international deceased account management specialist, servicing creditors in the US, Canada, UK, Ireland, Australia, Spain and New Zealand has reaffirmed its commitment to the importance of data and information analysis with the appointment of Dani Shi as Senior Vice President of Global Data Systems & Analytics. In this newly created…
Read moreEnforcement specialist, Court Enforcement Services has announced high-level executive changes to its board within its high court enforcement and compliance management teams. At board level, Alan Smith has been formally appointed to the board. Simon Williamson has resigned as Director to concentrate on other interests, but he remains a shareholder of the business. This means that…
Read moreOnline vehicle technology specialist Ivendi has announced it has made five major new appointments. Three of the new roles are Vice President (VP) appointments. Internally promoted, former Head of Finance Craig Mossis now VP of Finance while Russell White has moved from head of sales to become VP of Sales. Meanwhile, Luke Cowell has been…
Read moreCredit risk and Artificial Intelligence (AI) specialist, Jaywing, has announced the results of an exploratory piece of work undertaken for Newcastle Building Society, to increase the effectiveness of its risk application models using Jaywing’s AI-based product, Archetype. Newcastle Building Society recently undertook some enhancements of its customer risk scores and wanted to understand whether applying…
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The Credit Service Association (CSA) has responded to last week’s Financial Ombudsman’s figures on debt collection. In a statement the CSA said “Recent media reports using figures from the Financial Ombudsman Service (FOS) fail to mention that the total number of complaints relating to debt collection activities has in fact fallen year-on-year, is significantly lower…
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The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, has further strengthened its Board of Directors with the appointment of four new senior industry executives. Frank Horvath has more than 30 years’ experience in financial services, including 27 years as a lender, debt seller and debt placer. His…
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Big firms will feel the pain of the Apprenticeship Levy this spring when the first wave of levy payments will be wiped from their accounts unless they have invested them in training apprentices according to apprenticeship provider Develop Training Limited (DTL). Companies with payrolls above £3 million have been paying into the scheme since its…
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LendingMetrics has announced that it has agreed on an ADP platform partnership with Evolution Money. By using Lending Metrics ADP, Evolution will be able to make credit decisions within milliseconds and build rules, scorecards and matrices using a variety of data sources. LendingMetrics’ Director David Wylie said “ADP forms an important part of Evolution’s growth…
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Workplace pressure is a major contributing factor to mental health issues among business leaders, according to a new survey from the Institute of Directors, published on Time to Talk Day 2019. Among the 500 directors and managers polled, more than half said they had experienced poor mental health that was in part connected to factors…
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Rent to own specialist Brighthouse has announced that it is shutting 30 of its shops cutting 350 jobs amid tough conditions on the High Street. Brighthouse, which employs about 3,000 people, said it had informed staff. A Brighthouse spokesman said: “We are working to redeploy as many people as possible into alternative roles but redundancies…
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AccountScore, and The Insolvency Panel has announced the launch of the first ever Open Banking solution for the debt advice and debt solutions sector. The service, going live in February, will use AccountScore’s Open Banking platform consents.online to instantly auto-populate consumers’ income and expenditure information, direct from their current account, in complete compliance with the Standard…
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Probate Searches & Services Ltd (PSaS) has selected TransUnion (formerly Callcredit) to provide account information checks for its new credit report service to help probate professionals settle estates more quickly and accurately. PSaS is a new business servicing the legal sector with consumer data solutions to help better manage estate administration of probate cases and…
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