Credit, Collections & Insolvency News
Atom bank has announced that it appointed Ayshea Robertson as its new Chief People Officer (CPO). Robertson joins from Zen Internet, the internet service provider, where she spent six years as CPO and Board Director. She has significant experience leading HR functions within a wide range of businesses over the course of her career, including…
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Stephen Haddrill, Director General of the Finance & Leasing Association (FLA), has announced that he will retire next summer after five years in the role. The FLA says that a search for a successor will begin in due course. Commenting on his departure, Stephen Haddrill said “I joined the FLA at the end of 2019,…
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Specialist lender Together has announced that it has promoted Chris Adams to the role of Chief Financial Officer, joining the Group’s Board of Directors [with immediate effect. Initially joining Together as Head of Financial Reporting in 2017, Adams’ seven-year career with the ambitiously growing specialist lender has seen him promoted through the ranks to Group…
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The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have appointed Elizabeth Passey as Chair of the Financial Services Compensation Scheme’s (FSCS) board. Passey will take up the role on 1st October 2024. Over a 30-year career, Passey held senior positions with J Stern & Company, Investec Asset Management and Morgan Stanley. She…
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Global service provider for credit information provider Creditinfo has announced the appointment of Charles De Winnaar as its Global Head of Sales Strategy and Sales Operations. As an experienced sales leader in financial services, De Winnaar will lead Creditinfo’s global sales strategy and operations across its network of 30 credit bureaus. He joins the company…
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LendingMetrics’ has announced that its ADP platform is being used to upgrade Hinckley & Rugby Building Society’s lending platform. ADP’s automated underwriting technology is being harnessed by the mutual lender to provide rapid screening of prospective borrowers, ensuring affordability and compliance parameters are met. The universally-integrated SaaS solution handles real-time execution of credit reference, AML…
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Andy Mielczarek has stepped down as Chief Executive Officer (CEO) of Chetwood Financial almost ten years on from having co-founded the company/ Paul Noble has been announced as his replacement, subject to regulatory approval. Founded in 2016, Wrexham-based digital bank Chetwood Financial received a restricted banking licence in late 2017 before being granted a full…
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Challenger credit reference agency, Infact has announced a £4 million seed funding round after securing FCA authorisation to establish the first real-time credit bureau for the digital financial services market. The funding was led by AlbionVC, with participation from 13books Capital, Outward VC, Form Ventures, and Portfolio Ventures. Infact is also backed by leading angel…
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Cloud banking platform Mambu and newly launched mortgage lender, Interbridge Mortgages, have announced a strategic partnership helping Interbridge Mortgages launch a second charge product in just nine months and facilitating their entry to the UK mortgage market. Interbridge Mortgages’ launch in early 2024 is set to redefine the second charge mortgage sector in the UK…
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Mortgage company Mars Capital has rebranded as Intrum Mortgages, following the acquisition of the business by credit management group Intrum. Intrum UK took over the mortgage business in 2023 as part of a deal with Arrow Global to acquire its Capquest and Mars UK servicing platforms and invest in the fund manager’s unsecured consumer lending…
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Leeds Credit Union has announced a new partnership with software companies LendingMetrics and Singlify with the introduction of a new loan decisioning platform. The integration of technology from Lending Metrics’ Auto Decision Platform and the features of the Singlify Loan Origination Module, including Yoti’s digital identity verification and Equifax Open Banking for robust financial insights,…
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Broker specialist, The Loans Engine has announced that it has promoted Paul Zammit to become Chief Executive Officer (CEO) Zammit moves from his post as Director of Regulated Mortgages and replaces Interim Chief Executive Andrew Turner, Chair of Norfolk Capital Group, which The Loans Engine is part of. He has been with the company for…
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Together has announced it had appointed Richard Rowntree as its Chief Executive Officer (CEO), which will see him take up his post early next year. Rowntree joins from Paragon Bank, where he worked for almost five years, leaving as Managing Director of the mortgages division. Rowntree has over 30 years of experience in banking, having…
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