Credit, collections & insolvency news
Credit Connect has published its annual Credit & Collections Technology Awards review. The awards review highlights the unique transparency of the Credit & Collections Technology Awards with graphics on the winning companies accompanied by judges comments. The award’s rigorous and transparent process enables each company that enters the awards an opportunity to receive a bespoke…
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Credit Connect has announced its annual Credit & Collections Technology company Power List for 2024. The sixth edition of the Power List is a round-up of the most prominent innovating companies within credit and collections technology. Each year Credit Connect identifies the top 20 ‘Premier’ innovator companies highlighting the achievements and successes of the top-performing…
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Credit Connect hosted its fourth in-person Credit & Collections Technology Think Tank last week in Manchester which saw credit and collections strategies and the impact of the cost of living discussed by sixteen professionals from a variety of industry sectors at the Midland Hotel in Manchester. The themes of cost of living impacting customer engagement,…
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Consumers who are using digital financial management tools report being on average £37.08 better off per month, or £445 better off per year, compared to pre-adoption according to new research released by Tink. The research comes at a time when an estimated three quarters (75%) of consumers surveyed across the UK say they are mindful…
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Credit Connect has published its first-ever annual Credit & Collections Industry Awards Review. The annual review highlights why the judges decided the winners at this year’s Industry Awards which were announced in July. The review provides background and context for the awards results recognising companies for the progression of industry standards and excellence. The review…
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Credit Connect hosted its Online Collections Technology Think Tank last week which saw collections strategies and the impact of political and the cost of living economic stresses discussed by collections professionals from a variety of industry sectors. In the ninth edition of the Collections Technology Think Tank series, hosted by Credit Connect Media, industry professionals…
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Research by financial technology company FIS has found that half of consumers surveyed said they are ‘obsessed’ with checking their banking apps and balances. FIS says that the research shows the widespread financial anxiety among consumers which has led to a phenomenon known as ‘financial doomscrolling’ – a term describing the excessive monitoring of account…
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Debt management platform, IE Hub has announced three new partnerships with Yorkshire Water, Amplifi Capital, AutoMoney Motor Finance. After an initial trial in 2023, AutoMoney Motor Finance is the latest car financier to partner with IE Hub. The new partnership strengthens the already customer-focused car finance company, making debt management easier for AutoMoney Motor Finance and its…
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Credit Connect has announced the shortlist of companies and partnerships for this year’s first-ever annual Credit & Collections Industry Awards. The shortlist for the inaugural awards consists of 64 entrants with over 50 companies in the running to win the first-ever awards. Credit Connect’s panel of judges has now compiled the shortlist for the fourteen…
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Credit Connect hosted its Online Collections Technology Think Tank last week which saw collections strategies and the impact of cost of living economic stresses discussed by eight collections professionals from a variety of industry sectors. In the eighth edition of the Collections Technology Think Tank series, hosted by Credit Connect Media, industry professionals gathered to…
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Analysis of figures from councils across England by responsible lender, Creditspring has revealed that £85 million of the Household Support Fund remains unspent with the 31st March 2024 deadline fast approaching. The Household Support Fund was first launched in October 2021, and has been extended several times. The current tranche, which has been running since…
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Credit Connect Media has announced that it will launch a new event called the Credit & Collections Industry Awards. The inaugural industry Awards will seek to recognise excellence within credit and collections by highlighting achievements through its new tangible and transparent awards judging scheme. The awards will recognise key industry innovations and initiatives in credit,…
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Artificial Intelligence (AI) conversational customer engagement solutions specialist, Webio has announced that it has launched an upgrade to its platform and user interface (UI). Designed to empower agents with faster, more intelligent information, the redesigned UI enhances agents’ ability to engage with customers, particularly those in vulnerable situations. With the Webio platform, AI and chatbots…
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