Credit, Collections & Insolvency News
Aldermore has announced that it has appointed Damian Thompson as its new Director of Retail Mortgages. Damian has worked in financial services for the last 27 years starting his career with HBOS and then across senior roles in Principality and Newcastle Building Society. At Newcastle, he was Customer Director and a member of the Board. He…
Read more
Debt Purchaser, Lantern has announced the appointment of veteran banking executive Gary Jennison as Non-Executive Chairman. William Ballmann, partner at Gateley PLC, who has been serving as Non-Executive Chairman of Lantern since 2016, will remain on the Board as a Non-Executive Director. With over thirty years’ experience in banking and lending, Jennison was most recently…
Read moreThe Credit Services Association has registered ‘outstanding’ customer service levels in its first ever assessment under the independent Investor in Customers (IIC) assessment process. In being granted a Silver Award, the CSA had to demonstrate a strong desire to meet its members’ needs. It was especially strong in the subcategory of ‘delighting’ its members, and…
Read more
Mortgage servicer, Computershare Loan Services (CLS), has announced its intent to acquire American company, LenderLive Network, LLC, a leading fulfillment and secondary market service provider in the U.S. mortgage industry. Founded in 1999, LenderLive Network (LLN) has offices in the Denver, Los Angeles and Jacksonville, Florida, areas. This acquisition, which is subject to regulatory approvals,…
Read more
Experian has announced that it can now offer mortgage eligibility services to consumers after securing permission from the Financial Conduct Authority (FCA). The permission means Experian will now roll out its eligibility tool to all its customers, giving potential homeowners the opportunity to find out which mortgages they are likely to be accepted for, and how…
Read moreQualco UK has continued its pledge to support a tennis lending library for two Birmingham schools. In association with the Lawn Tennis Association (LTA), Qualco launched the library in summer 2016 in a pioneering scheme that enables students to borrow and use the equipment to play tennis in their own time at home or in…
Read more
Arum has been selected to join the Business Consultancy Services Lot of Management Consultancy Framework Two (MCF2), run by Crown Commercial Services (CCS). The launch of this framework enables central government and the wider public sector to select pre-approved consultancy firms to tender for both national and international projects. Securing this place means that Arum can continue to grow its presence in the public…
Read more
UK tech firm CreditLadder is one of three Fintech companies to win through to the final of HM Treasury’s Rent Recognition Challenge (RRC) announced by Chancellor Philip Hammond as part of the Autumn budget statement in November last year. The RRC was launched to help develop applications that will help renters boost their credit scores,…
Read more
The Information Commissioner Office (ICO) has announced the appointment of Simon McDougall as Executive Director for Technology Policy and Innovation. McDougall is currently Managing Director of Promontory – a risk management and regulatory compliance consulting firm acquired in 2016 by IBM, where he founded and led a global privacy practice. He has extensive experience of…
Read more
New open banking specialist Moneyhub has secured Payment Initiation Services Provider (PISP) authorisation by the Financial Conduct Authority (FCA). The authorisation goes one step further from Account Information Services Provider (AISP) status, enabling seamless payments as well as visibility of all financial transactions across accounts in one place. Alongside giving control of payments, income, expenditure,…
Read moreThe Cheque and Credit Clearing Company (C&CCC), which supports the paper clearing system for cheques and credits as well as the Image Clearing System, has appointed Alan McDonald as its first General Manager. McDonald previously held the roles of Managing Director and Director of Planning, Finance and Risk within the C&CCC. He has been with…
Read moreEuropean credit management specialist Cabot Credit Management (Cabot), has announced the financial results for the six months ending 30th June 2018. Commenting on the figure Ken Stannard, Chief Executive Officer, Cabot Credit Management, said As Encore announces the completion of its acquisition of the remaining interest in Cabot Credit Management, our company has yet again delivered…
Read more
Leeds Building Society has appointed Nick Young as its new Director of Business Transformation to further enhance member and colleague experience. Young has a background in commercial management and strategic change delivery. He joins the Society from Lloyds Banking Group customer products team where he was responsible for successfully delivering a number of high-profile change…
Read more