Credit, Collections & Insolvency News
Retail finance technology provider Deko has appointed a new Chief Technology Officer to accelerate the development of its platform, deliver continual product innovation and harness the imminent launch of major new partnerships. Mufti Monim joins from Lebara Money, where as head of technology he set up an international money transfer platform in the UK, achieving…
Read moreThe winners of the second annual 2018 Credit & Collections Technology Awards have been revealed. There were sixteen winners from the eighteen Awards categories which are covered by four main headings of Credit, Collections, Credit & Collections services and Innovation. The awards ceremony was held at Credit Services Association’s (CSA) annual Gala dinner at the…
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The winners of the second annual Credit & Collections Technology Awards were announced last night at the Credit Services Associations’s annual Gala dinner at the Crown Plaza in Stratford-upon-Avon. Eighteen winners from the Awards categories which are covered by four main headings of Credit, Collections, Credit & Collections services and Innovation were revealed. Stay tuned…
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The winners of the second annual Credit & Collections Technology Awards will be revealed tonight at the Credit Services Associations’s annual Gala dinner at the Crown Plaza hotel in Stratford-upon-Avon. Eighteen winners from the Awards categories which are covered by four main headings of Credit, Collections, Credit & Collections services and Innovation will be announced.…
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Experian has announced that it is introducing a “real rates” service to the credit card market so consumers will now know exactly what deal they’ll be getting. In a transformative change to the way consumers shop for credit cards, those using Experian’s comparison services will see the actual rate they’ll get when shopping for cards…
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LendingMetrics has announced a new free open banking service. The company has been granted FCA permissions as a Registered Account Information Service Provider and have now officially launched the only OpenBanking service to credit providers which is free of charge. As an FCA authorised AISP the company will now be utilising the direct APIs of…
Read moreThe Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, has confirmed Matt Forde – the ex-political advisor turned writer and comedian – as the compere for this year’s Credit and Collection Technology Awards, as part of the UK Credit and Collections Conference Gala Dinner taking place on 13…
Read moreCredit risk analytics specialist, Jaywing has announced a partnership with Hitachi Capital Consumer Finance. The Hitachi Consumer Finance division has appointed Jaywing to explore the potential to significantly improve its existing application credit scores using Jaywing’s AI modelling technology, Archetype. Hitachi Capital Consumer Finance wanted to understand the uplifts that may be possible through using…
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“Innovation leads, regulation follows” so said consultancy firm Deloitte in a recent report. Another way of putting it is that regulation follows technology. And this couldn’t be more true than with the Fifth Anti-Money Laundering Directive (AMLD5), adopted by the European Parliament in April this year. The directive is an extension of the last iteration,…
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The Money Advice Trust has announced the launch of the updated CASHflow resource, an online tool which enables people to self-manage their debts, with the support of an adviser. The recent revamp of the online tool brings the style and format of CASHflow from the old Common Financial Statement (CFS) to the new Standard Financial…
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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,…
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The finalists for Credit Connect’s second annual Credit & Collections Technology Awards 2018, the UK’s celebration of tech innovators in credit and collections, have been revealed. The Credit & Collections Technology Awards, organised by Credit Connect, brings together credit and collections technology executives to honour the industry’s leading players across 18 categories. The Technology focused-Awards scheme seeks…
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The Financial Conduct Authority (FCA), in collaboration with 11 financial regulators and related organisations, has announced the creation of the Global Financial Innovation Network (GFIN), building on the FCA’s proposal earlier this year to create a ‘global sandbox’. The network will seek to provide a more efficient way for innovative firms to interact with regulators,…
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