Credit, Collections & Insolvency News
Tesco Bank has announced the appointment of Craig Bundell as its new ‘Help me Borrow’ Director. Blundell will lead Tesco Bank’s lending business, including all of Tesco Bank’s lending products which includes a range of credit cards, with over 1.9 million customers and personal loans, with more than 440,000 customers. Blundell, who joins from Hastings…
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Harry Russell has been appointed as Jaja Finance’s Chief Financial Officer (CFO), becoming a member of the leading digital lender’s executive team. Previously Russell was CFO at RateSetter helping to scale it from a start-up through to its sale to Metro Bank. Prior to this, Russell worked at KPMG and PwC. David Chan, CEO…
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Experian has today been recognised for its verification technology and solutions, achieving certification through the Government’s Digital Identity and Attributes Trust Framework (DIATF) The framework outlines the Government’s vision and rules for the future use of digital identities, with the ambition to make it easier and simpler for individuals to prove who they are using…
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Responsible lender Creditspring has expanded its senior leadership team with a new Vice President of Operations, Head of Credit Operations and Head of Data. Creditspring’s new Vice President of Operations, Hannah Matson, joins from merchant bank BDT & Company International where she was Regional Manager for the Business Administration and hired to support their European expansion. Previous…
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Sub-prime lender, Morses Club has announced major losses in the past six month The firms finances fell to a loss of almost £21 million for the period, against a profit of £1.8 million last year. The lender announced that it has been forced to “take steps” to constrain lending in key areas despite its existing…
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Tandem Bank has strengthened its executive team with the appointment of two new senior executives. David McCarthy has been appointed as Tandem’s Chief Financial Officer (CFO) becoming a member of both the bank’s Board and executive committee. McCarthy joins Tandem from Atom Bank where he has been CFO for the past eight years, following previous…
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Anti-money laundering specialist (AML) SmartSearch has promoted Tom Dockerty to the position of Vice President of Professional Services Sales. Dockerty has been a key part of the SmartSearch sales team, having joined as one of the company’s first sales executives almost 11 years ago. His promotion to Vice President follows the continued success of the…
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Freedom Finance has announced that it has appointed Paul Bevis as Head of Growth. Beavis joins from Royal London where he spent five years, latterly as Head of D2C Partnerships. Beavis will lead the growth of Freedom Finance’s embedded finance platform which is already integrated across brands like Argos, ASDA Money, Co-op Bank, Creation and The…
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Virgin Money has announced that it has appointed Craig Calder as its new Head of Secured Lending. Calder will be responsible for growing its mortgage business, offered direct and through intermediaries across residential and buy-to-let markets. He takes up his new post in January. Calder joins from Barclays, where he worked for nine-and-a-half years, leaving…
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Morses Club has announced a number of changes to its board. Steve Curtis will join the board with effect from 5th November in the role of Interim Chair (non-independent), subject to FCA approval. Curtis has extensive experience as a Chair and CEO across a broad range of sectors, including financial, and has direct knowledge of…
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Freedom Finance has announced that it has integrated its platform with Experian’s Marketplace lender panel. The partnership will give customers immediate access to seven new brands, complementing its existing direct connections to lenders and paves the way for even further expansion for loans and credit cards. Adding to the existing 50+ lenders on the Freedom…
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Cardeo, the AI-powered credit card management app, has received full regulatory approval from the Financial Conduct Authority (FCA) ahead of the app’s full launch. The FCA’ss expanded range of authorisations will enable Cardeo to advise customers on the cheapest way to repay their credit card borrowing based on their open banking data, as well as…
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Aryza has announced the launch of a new Embedded Lending platform, which has been developed in close partnership with bed retailer, Dreams. With 210 stores nationwide, Dreams also manufacture, sell and deliver mattresses, and beds, with the average value of a sale ranging from between £500 and £1,000. A significant proportion of these sales are…
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