Credit, Collections & Insolvency News
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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Just Mortgages, together with Spicerhaart, the UK’s largest independent estate agency and property service group, has announced the appointment of Olivia Moss as its first ever Marketing and Communications Director. The newly created role marks a strategic step forward in the group’s continued journey of growth, innovation and digital transformation across financial services, estate agency…
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Afin Bank has announced that Rob Lankey has been promoted to Chief Commercial Officer. Lankey initially joined Afin as Director of Credit during its launch phase last year. He then took on the role of National Sales Director at the start of this year, taking on responsibility for the sales team as it expanded with…
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Afin Bank has announced that it has appointed Beth Jeffs as Head of Product and Proposition. Jeffs joins from the Nottingham Building Society, where she was Senior Mortgage Propositions Manager. She has previously held roles at providers including HSBC, Coventry Building Society and Sainsbury’s Bank in product and credit risk areas. She will oversee the…
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Dudley Building Society has announced the appointment of Helen Smith as Chief Growth Officer, as part of its ongoing focus on growing the Society, strengthening customer outcomes, supporting its communities, and developing its people. Smith joined the Society in April and brings extensive board-level experience across financial services, insurance, healthcare and funeral care. She has…
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Oakbrook has become the first UK lender to launch a dedicated GPT-powered app within ChatGPT, enabling consumers to explore combining multiple debts into a single structured repayment plan through a conversational interface. Available under OakbrookOne, the app allows users to model what replacing several existing debts with one monthly repayment could look like, without needing to…
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The Association of British Credit Unions (ABCUL) has announced it has rebranded to become All Together Money. All Together Money says that the change in name reflects a renewed commitment to bringing credit unions together, strengthening their collective voice and helping them grow in a fast-changing world. Built on cooperation, not competition, All Together Money…
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IDenteq has announced that it has appointed Nisha Korpal as Chief Growth Officer. Korpal brings over 18 years of experience across data, software and financial services, with deep expertise in credit risk and collections, and a strong track record of scaling digital customer solutions, translating complex data into actionable insight, and driving sustained commercial growth…
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Real-time credit data and insights, Infinian has announced the appointment of Carl Riches as its new Chief Growth Officer. Riches will spearhead Infinian’s next phase of revenue growth as it builds on the momentum generated under CEO Emma Steeley, hired in September 2025. He will also be responsible for deploying Infinian’s increasing suite of solutions,…
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Haboo Money, the adaptive engagement layer for consumer credit, has announced a partnership with Transave Credit Union. The partnership is designed to modernise how credit unions engage with members by introducing a more flexible digital experience that better reflects the realities of modern borrowing. The partnership is focused on creating a more personalised and supportive…
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Oakbrook has announed a new partnership with payments automation platform Modulr. The partnership will enable the lender to expand its repayment choices for customers and strengthening its technology-enabled servicing platform with the launch of Variable Recurring Payments (VRPs). The introduction of VRPs gives customers an additional way to manage their loan account repayments alongside Direct…
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