Credit, Collections & Insolvency News
Risk and data science consultancy, Jaywing, has launched a new collaboration with leading global advisory firm, Oxford Economics. The partnership aims to enable organisations from all industries to benefit from both Oxford Economics’ global macroeconomic forecasts and Jaywing’s expertise in building and validating models. Oxford Economics’ worldwide client base comprises more than 2,000 entities…
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Beverley Building Society has announced that it has appointed Christopher White as Chief Financial Officer. White takes up the position following the promotion of Janet Bedford, who previously held the position, to the role of Chief Executive. White, a Fellow of the Institute of Chartered Accountants in England and Wales, has significant experience in financial services…
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Yorkshire Building Society has announced that Susan Allen OBE has been appointed as Chief Executive Officer (CEO). Allen has more than 25 years of experience in financial services having held senior executive positions at a number of large retail banks in the UK. She is currently Head of Customer Transformation at Barclays where she is…
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Darlington Building Society has announced that it has selected to use LexisNexis Risk Solutions financial crime prevention and compliance screening solution to assist with onboarding customers. The RiskNarrativeTM platform enables businesses to detect fraud and identify risk using a single API and integrates into over 50+ third party data sources to enrich risk decisioning. RiskNarrative…
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Jaja Finance has announced that it has agreed a new £250 million warehouse lending facility that will enable the digital credit card provider to continue to accelerate its growth. The announcement follows Jaja’s recent funding announcement of £120 million from private equity investors, and majority shareholders, KKR and TDR, made earlier this year. The…
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More than 80 per cent of regulated firms in the legal, property and finance and banking sectors are considering a switch to electronic verification of their customers new research from SmartSearch has found. The ‘big switch’ to technology comes as firms feel the growing weight of compliance around anti-money laundering (AML) and sanctions regulations –…
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Ppoint-of-sale payment solutions specialist Duoloi has announced a partnership with LendingMetrics’ to use its ADP platform. Duologi says it had previously outsourced the build of an engine to an external IT company, which meant it was hard-coded and the company had limited control over changes and wanted to bring decisioning in-house and were looking to…
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Specialist lender Together has announced the appointment of two new Business Development Managers. Ian Hoggart and Martin Bloe will both be bolstering the group’s regional teams and increasing its footprint across Scotland and South Wales. Their remit will include supporting their existing partners and developing new relationships with brokers, helping to find solutions for their…
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LiveMore, a provider of interest-only mortgages to the over 50s, has announced that it has appointed Phil Quinn as its Head of Intermediary Sales as it restructures for future growth. Quinn joins from Together, where he has been the head of national accounts since 2020. In a career that spans 12 years in the mortgage…
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Buckinghamshire Building Society has announced that it has appointed Dan Wass as its new Chief Executive Officer (CEO). Wass will start in his new role at the Society in September 2022 following Gerard O’Keeffe’s decision to retire later this year. Wass was most recently as Director of Member Propositions, Banking, Insurance & Investments at Nationwide…
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Smart Money People has announced the finalists of their Consumer Credit Awards 2022 after 10 weeks of voting by consumers for their favourite credit providers. Smart Money People says that over 25,000 votes have already been cast in the awards this year, with voting for the finalist firms remaining open until 15th August 2022 and…
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The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which it says will fundamentally improve how firms serve consumers and also will set higher and clearer standards of consumer protection across financial services, requiring firms to put their customers’ needs first. The Duty is made up of an…
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Specialist lender Together has announced that it is growing its team across the country, with a series of new senior appointments. Danielle Potter, Pall Thorarinsson and Jamie Grimshaw will join the company as Business Development Directors, bolstering the group’s regional teams and increasing its footprint across the UK. All three will report to Sean Williams,…
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