Credit, Collections & Insolvency News
Specialist lender Together has announced the appointment of Chloe Cotgrave to the position of Personal Finance Chief Operating Officer. Cotgrave’s remit will be overseeing all operational areas for Together’s personal finance customers, including the underwriting, customer service and collections departments, as well as first line assurance and customer experience. She joined Together six years ago,…
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Tandem Bank has announced its partnership with money-saving fintech Snoop. The collaboration will provide Snoop customers with access to Tandem’s savings product offering, including the innovative and newly launched Top Up Instant Access account, as part of Snoop’s product comparison services. Snoop is a customer-focused business that uses payments data to provide data-driven, personalised insights…
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EQ Credit Services, EQ RiskFactor and EQ KYC Solutions have announced that they are to merge into a single entity under a new leadership team. The merger will create a new brand called Lenvi. The new leadership team will be spearheaded by Richard Carter, founder of Nostrum Group which was acquired in 2017, and…
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Freedom Finance has announced that it has renewed its partnership with the Centre for Social Justice (CSJ) until 2025. The extended relationship will see Freedom Finance support, among other issues, the CSJ’s work investigating the relationship between access to credit, illegal lending and debt advice. Freedom Finance’s Chairperson, Brian Brodie, already sits on the Advisory…
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Risk and data science consultancy, Jaywing, has announced that it has. promoted Carl Ireland to Head of Regulatory Risk. Ireland’s new role will see him supporting firms through impending regulatory changes, including model risk management, IRB, consumer duty, climate risk, and Basel 3.1. With over 15 years’ experience as a consultant for Jaywing and the…
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Global information and insights company TransUnion has officially been named among the UK’s Best Workplaces for Wellbeing. Awarded by Great Place to Work, a global authority on workplace culture, the recognition is based on colleague feedback, and assesses individuals’ experiences of wellbeing at work, taking a holistic view on how the company supports work-life balance, sense…
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Zopa has announced that it is set to acquire buy now pay later (BNPL) specialist DivideBuy. Dividebuy provides point-of-sale (POS) finance technology and lending platforms. The transaction, which will complete in the next few months, marks Zopa’s first acquisition and follows just weeks after the digital lender raised a £75 million to fund acquisitions. DivideBuy…
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Pepper Money has announced the appointment of Andrew Voss as its new Chief Financial Officer (CFO). Voss has over 20 years’ experience in financial services and a proven track record of establishing, managing and driving performance in specialist lending businesses. He joins Pepper Money from Bluestone Mortgages, where he has been CFO for 14 years.…
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UK Finance, the trade body representing the banking and finance sector has announced two new senior appointments effective from 1st May 2023: Ben Donaldson has been appointed Managing Director of Economic Crime and David Raw will be appointed as the Managing Director of Commercial Finance. Donaldson joins UK Finance from the Ministry of Defence, where…
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Operational transformation and business processing specialist Target Group has announced that Katherine Bowen has been promoted to Chief Financial Officer (CFO) Bowen, who joined the firm almost 5 years ago, has risen through the ranks during her time at Target Group. She joined as a Finance Business Partner and has since progressed to the top…
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Experian Boost data will now be included in Zopa Bank’s credit card decisioning process – giving customers better rates and offering them reduced APR for a fixed period following an agreement between the two companies. The partnership will mean that Experian and Zopa customers will receive a reduced APR when they apply for a Zopa…
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Freedom Finance has announced that it has extended its relationship with Koyo. The new agreement will mean that customers declined for loans from Koyo will automatically be able to connect to Freedom Finance’s proprietary matching marketplace. The integration will link up declined customers to a panel containing over 100 of the UK’s leading lenders and…
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TransUnion, a global insights and information company, has announced a strategic investment in Bud Financial a specialist in Open Banking and data intelligence. TransUnion says that this dynamic partnership will help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial inclusion. Headquartered in the UK, Bud…
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