Credit, Collections & Insolvency News
Global payments platform for digital Account-to-Account transactions Trustly, has announced the acquisition of Open Banking Payments platform Ecospend. Ecospend’s strong UK A2A product and full bank connectivity will complement and enable Trustly to further accelerate its UK roll-out – one of Europe’s most rapidly growing A2A regions and a core growth market for Trustly. Four…
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LendingMetrics has announced that it has launched a new SaaS platform called DeeJoop. The data specialist’s DeeJoop platform, which is set to be used by lenders for the first time this week, distills credit risk data from multiple bureaus to produce a ‘net’ credit file for consumers. Using proprietary algorithms, it interrogates the large quantity…
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Global credit intelligence company, Pepper Advantage has announced the appointment of Anna Agafonova as Group Chief Finance Officer. Formerly Group CFO at SWIFT, Agafonova was responsible for the execution of SWIFT’s business strategy and priorities, driving the company’s growth and performance, digital transformation, including robotics and machine learning, and leading a team of 200+ finance,…
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Digital bank Tandem has announced the appointment of a key appointment within its executive team. Georgina Whalley joins Tandem in the newly created senior role of Chief Impact and Marketing Officer. Whalley is mandated with accelerating and amplifying Whalley joins Tandem having held senior roles at global consumer fintech Openpay for the past three years,…
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Anti-money laundering (AML) firm SmartSearch has appointed Collette Allen as Chief Operating Officer (COO) Allen joined the company in 2013 as a Senior Support Specialist and, within two years, earned a position as Head of Client Services. Five years later, she was appointed to the SmartSearch board as Client Services Director. At 30, Allen was…
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Laura Barley has been appointed as Chief Operating Officer (COO) for TransUnion in the UK. TransUnion pledged in 2019 that it aimed to achieve gender parity in senior leadership by 2030 in all the regions it operates in. The UK leadership team, which is now 50% female, is a testament to that commitment being put…
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Jaja Finance has announced it has signed a deal with Asda, in conjunction with global payments technology leader Visa, to provide digital, reward-led credit cards to Asda’s 18 million customers. The new credit card, to be launched later this summer, will allow customers the opportunity to earn rewards on their credit card spend which they…
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Global information and insights provider TransUnion has announced that it has appointed Amanda Rendle to its board as a non-executive director. Rendle brings experience in marketing and communications spanning four decades, with particular expertise in financial services. She previously led an award-winning client engagement programme at leading multinational bank HSBC, where she was global head…
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NewDay and John Lewis have agreed on a new partnership to assess the next evolution of the retailer’s consumer credit offering. The deal includes relaunching John Lewis’ Partnership card. The partnership follows John Lewis’ announcement that it plans to invest over £50 million in its consumer finance capabilities to offer innovative financial products and services…
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Yorkshire Building Society has announced that Angela Darlington has joined its Board as Non-Executive Director. Darlington has over 30 years’ experience in financial services and an extensive executive career. She started her career with Bacon & Woodrow and then worked with William M Mercer on a wide variety of actuarial assignments across many countries. Darlington…
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Jaywing has appointed Dean Mitchell as Managing Director (MD) of Consulting Services. Mitchell will be responsible for the delivery of services of Jaywing’s risk consulting business which has recently seen a series of new client wins, alongside its longstanding relationships with existing clients, many of whom are among the UK’s leading financial services brands. Mitchell…
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Jaja Finance has announced that it has closed the strategic transaction announced in November 2021, resulting in a consortium led by KKR and TDR Capital LLP becoming the majority shareholders of Jaja. Jaja says that the initial investment of up to £120 million marks the beginning of a long-term strategic partnership with its majority shareholders…
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Digital bank Tandem announces the appointment of David Briggs as Managing Director of its Car Finance Division. Briggs joins Tandem in this newly created senior role to accelerate and amplify Tandem’s mission to build the UK’s fairer, greener digital bank and is the first senior appointment to Tandem’s Executive Committee following Tandem’s acquisition of leading…
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