Credit, Collections & Insolvency News
Short-term property finance provider, Glenhawk has announced that it is set to transition to auto-assisted credit decisioning following its adoption of LendingMetrics’ ADP platform. David Wylie, Commercial Director of LendingMetrics, said “We are delighted to have been chosen by Glenhawk which, after undertaking in-depth research into all the available auto underwriting platforms, decided that ADP…
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UK independent fleet management and mobility services specialist, Fleet Operations has announced that it has appointed Doug Hyett to the newly created role of Commercial Director. Drawing upon more than 20 years of fleet experience Hyett’s new role will look at the commercial development side of the business, attempting to grow its UK customer base,…
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Freedom Finance, has announced it has unveiled a new visual identity, new website, and refreshed positioning with the business will now operate under the name Aro and Aro Mortgages. Since its founding in 2007, Aro has undergone significant growth to establish itself as the UK’s largest lending marketplace and a leading second charge broker. In…
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Andy Piggott has joined John Lewis Finance as Director of Credit and Banking. He will be responsible for the Credit and Banking division, which comprises the John Lewis Partnership Card, point-of-sale-credit (interest free and interest bearing credit), travel money, and investments. Piggott was most recently the Chief Product Officer at TransUnion UK. Prior to this,…
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Chetwood Financial has announced Ian Lonergan as its new Group Chair. Lonergan has worked in financial services for over 30 years. He was previously the CEO and founder of Precise Mortgages, which grew to be one of the largest BTL and residential specialist mortgage lenders in the UK. The parent company of Precise Mortgages and…
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Melton Building Society has announced it has appointed LendingMetrics to deliver next-generation decisioning software. The mutual society, which was founded in 1875, is set to use LendingMetrics’ award-winning Auto Decision Platform (ADP) solution to support its underwriting team in the coming weeks. ADP is a universally-integrated SaaS solution that handles real-time execution of credit reference,…
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Rick Haythornthwaite has been appointed to succeed Sir Howard Davies as Chair of Natwest, subject to regulatory approval. Haythornthwaite will join the Board of NatWest Group as an independent non-executive director on 8th January 2024 and following a handover period will take over as Chair on 15th April 2024, when Sir Howard Davies will stand…
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6 Towns Credit Union has been placed into administration and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co have been appointed as joint administrators. 6 Towns Credit Union was a financial co-operative owned by its members. The Financial Services Compensation Scheme (FSCS) had also declared the credit union…
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Global lending loan servicing and credit data company, Pepper Advantage has appointed Holly Stewart as Director of People. Stewart brings more than ten years of human resources experience, with a focus on technology and financial services, most recently at Shutterstock as a HRBP Director for Global Technology and Data. She led the talent transformation for…
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Hodge Bank has announced that it has appointed Christie Cook joins Managing Director of Retail. Cook has extensive experience in the mortgage market, and is the former Head of Mortgages at Nottingham Building Society, she has also occupied head of product roles with Glenhawk Financial Services and the Bank of Ireland, as well as being…
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Stockport Credit Union has announced that John Haslam has been appointed as its new Chief Executive Officer (CEO). Stockport Credit Union has been serving its residents since its inception in 1989 and is nearing 5000 members – an annually increasing figure highlighted in their 2022 Annual General Meeting. The credit union also has many payroll…
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TransUnion has announced it has appointed Kaushik Gopalan as its new Chief Human Resources (HR) Officer in the UK. Gopalan will lead TransUnion’s HR strategy and colleague initiatives for the UK and Europe, with responsibilities spanning talent acquisition, learning and development, colleague engagement and people operations. Gopalan brings more than two decades of HR experience…
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Hastings & Rother Credit Union Limited, trading as 1066 Community Bank has entered administration The Financial Services Compensation Scheme (FSCS) declared Hastings & Rother Credit Union as failed (in default). Dina Devalia and James Varney of business advisory firm Quantuma have been appointed as Joint Administrators of financial cooperative. The East Sussex credit union with…
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