Credit, Collections & Insolvency News
The Finance & Leasing Association (FLA) has announced that it has appointed Richard Hoggart, Founder and CEO of DSG Finance Group, to the FLA board. Hoggart has been at DSG Group since the 1990s and steered the organisation from its original sole focus as a broker to launch Unity Auto Finance as a lender. Stephen Haddrill,…
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Aryza Group, a provider of financial software solutions, has announced the expansion of its partnership with GoCardless, a global bank payment company. . Since becoming a technology partner in 2022, GoCardless has played a vital role in Aryza’s payment solutions. Through this enhanced partnership, both companies are committed to collaboration, leveraging their synergies to deliver…
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Buy-to-let lender Landbay appointed Anna Macdonald as an independent non-executive director to its board. With over 20 years’ experience in institutional and wealth management, Macdonaldis currently an investment manager at Aubrey Capital Management. She previously worked as a fund manager at Amati Global Investors and Henderson Global Investors. Macdonald is also a well-respected and regular…
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Black & White Bridging has appointed Susan Ansermoz as its new Lending Manager, to support the company’s expansion. With a seasoned background in banking and underwriting, Ansermoz joins the company at an exciting time of expansion, ready to play an integral role in furthering Black & White Bridging’s mission to provide truly transparent lending services.…
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Blend has announced it has hired Graeme Walker as Lending Director. Walker, who has over 30 years of experience in the industry, worked as head of lending within the development finance team at Hampshire Trust Bank before joining Blend. Prior to that, he held roles at Barclays Wealth Management and Heritable Bank. Blend’s Managing Director David…
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Credit management firm, Pepper Advantage has announced that its owner Pepper Global has entered into an agreement to sell the business to private investment firm J.C. Flowers & Co subject to regulatory approvals and customary closing conditions. The transaction is expected to be completed in the first quarter of 2025, pending regulatory approvals and other…
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Barclays has announced thatit hassuccessfully completed its £600m acquisition of Tesco Bank following high court approval. The acquired business includes credit cards, unsecured personal loans, deposits and the operating infrastructure which, following completion of the acquisition, will continue to be operated under the ownership and management of Barclays UK. The new partnership will see Barclays…
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Sainsbury’s has announced that it has sold its Argos Financial Services (Home Retail Group Card Service) cards portfolio to NewDay Group for £720 million, aligning with its strategy to concentrate on core retail operations. The supermarket has announced that it has also partnered with NewDay to launch a new Argos-branded digital credit offer. This move…
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The FCA and PSR Boards have appointed Alison Potter as Chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC). These two committees are responsible for taking certain regulatory decisions on behalf of the FCA and the PSR. Committee members are selected based on their ability to make independent decisions…
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PayPoint has announced a partnership with Leeds Credit Union (LCU) which enables their 37,000 members to its CashOut service. The partnership will mean that LCU customers can access their cash and savings across any of PayPoint’s UK network of 29,000 retailer partners. Jo Toolan, Managing Director of Payments, PayPoint said “Our partnership with Leeds Credit…
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Black & White Bridging has announced it has appointed Najma Hashime as the company’s new Lending Manager. Hashime brings extensive experience in the lending sector and will be based in the London office, where she will play a crucial role in managing the company’s growing origination pipeline. Her appointment comes as Black & White Bridging…
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James Briggs has joined newly launched specialist lender Afin Bank as Intermediary Sales Director. Previously Briggs was Head of Intermediary Sales at Together Personal Finance. Briggs will lead the charge to develop broker relationships ahead of the lender’s planned full launch next year. Briggs joins his former Together Personal Finance colleague Alan Davison, who is…
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Global information and insights company, TransUnion has announced the appointment of Madhusudan ‘Madhu’ Kejriwal as its new Chief Executive Officer (CEO) for UK and Europe. Kejriwal will officially join TransUnion in January 2025. The appointment is subject to the required regulatory approvals. Kejriwal started his career with Capital One in Fraud & Credit Risk and…
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