Credit, Collections & Insolvency News
The UK’s fraud prevention service, Cifas, has announced a major partnership with the Global Signal Exchange (GSE) to strengthen the global fight against a threat estimated to cost the global economy $579.4bn (over £433bn) in 2025. Together, Cifas and the GSE, will work to identify, disrupt, and prevent online scams at scale across borders and…
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Nationwide has announced the appointment of Kim Dickinson as its new Lead Product Manager for Intermediaries, further strengthening its intermediary relationships team at a time of continued focus on supporting the broker community. Dickinson brings a wealth of experience in the mortgage market and working with intermediaries, having previously spent the last 10 years at…
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Specialist lender LiveMore has announced the appointment of Charles Roe as Industry Adviser. In this role, Roe will support LiveMore’s position as a consumer champion that is continually pioneering solutions for the evolving needs of borrowers, as well as helping to deepen the company’s relationships with its key commercial partners. Roe joins LiveMore with a…
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Global digital bank and flexible payments provider, Klarna, has announced a partnership with financial wellbeing provider Money Wellness to give customers easy access to a financial health check. The free ‘Money MOT’, delivered by Money Wellness, is available to all Klarna users and offers a personalised picture of their finances with simple steps to make…
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MoneySuperMarket has announced the launch of a new, exclusive eligibility journey, in partnership with Capital One UK, designed to help people with limited credit history get access to credit and build their credit profile. The new journey is available through MoneySuperMarket and is aimed at customers who are currently underserved by the credit card market…
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Financial services consultancy, Broadstone, has announced that it has appointed Daniel Murdoch as a Director in its growing Banking & Credit Advisory division. Murdoch joins Broadstone from Coventry Building Society, where he was Head of Credit Model Integration. He brings significant experience in risk modelling and an internal-risk-based approach from across the banking and credit…
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AI-native collections platform Snorkl has appointed Daniel Harrington as Commercial Director, as the business continues to grow its presence across the FCA-regulated consumer finance sector. Harrington joins from Salary Finance, the Blenheim Chalcot and Legal & General-backed lender, where he most recently led the build-out of the company’s aggregator and price comparison channel, growing it…
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PayPoint has announced it has completed the acquisition of AperiData, strengthening its capabilities in Open Banking for customers. AperiData is a real-time credit reference agency and Open Banking platform, focused on modernising the consumer credit market through the use of transaction-level data and advanced financial assessment tools. Since first partnering in 2023, PayPoint and AperiData…
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Quint Group, the award-winning fintech group focused on credit & payments, has announced the appointment of long-term fintech leader Laurence Krieger as Director. Formerly CEO of Tide and COO at Revolut, Krieger will now formally join Quint Group to work in close partnership with founder and CEO Greg Cox and the rest of the board…
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Chetwood Bank has announced the launch of its Wholesale Banking division with the appointment of Alex Grove as Managing Director of Wholesale Banking, Toby Sharp FRICS as Director of Commercial Real Estate and Nirvan Sunderam as Managing Director of Wholesale Risk. Through the Wholesale Banking division, Chetwood Bank provides tailored funding solutions to corporate, institutional…
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Income and employment specialist, Teal has announced a partnership with global accountancy, HR, payroll, and education software specialist IRIS Software Group. The integration brings IRIS into Teal’s growing Direct Connections network, delivering enterprise- grade, real-time background verification of income and employment for millions of UK employees. The partnership marks a significant validation of Teal’s platform, with IRIS…
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Digital bank, Monzo and Fair4All Finance, a not-for-profit focused on improving financial inclusion, have announced a new partnership to widen access to affordable credit, as 16 million adults face barriers to borrowing. This figure has increased around 30% since 2018. In 2024, Monzo expanded its flagship Flex credit card, introducing Flex Build, designed for people…
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Administrators have been appointed to lending platform Amplifi Capital. Amplifi, via the Reevo Money brand, offered unsecured personal loans. Amplifi also supported Credit Unions through the provision of customer loan origination and servicing activities. This was performed through the My Community Finance brand, which operated as an authorised credit broker. Customers were also introduced to…
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