Credit, Collections & Insolvency News
Non-standard financial services provider, Morses Club has announced the appointment of Sir Nigel Knowles as Chair of the Board with effect from 1st March 2022, subject to FCA approval. Stephen Karle will retire on 28 February 2022 from his position as Chair and Non-Executive Director, after seven years. Knowles, who has been Morses Club’s Senior…
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European investor and alternative asset manager in credit and real estate, Arrow Global, has announced the launch of Bergen Finance, a new dedicated bridging loan business dedicated to the UK short-term real estate lending market. Bergen Finance will seek to take advantage of a market that has grown by over 400% since 2013 to over…
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Credit risk management software and analytics provider, GDS Link has announced that Brian Kinch has joined the team as the Managing Director of Fraud Solutions. As one of our resident experts on fraud, Kinch will focus on how GDS Link delivers powerful solutions to help our clients combat all types of fraud in the lending…
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Ecospend, a UK provider of Open Banking APIs, has announced a partnership with London Mutual Credit Union that will enable ‘pay-by-bank’ functionality to its customers. The change will result in real-time money transfers, driving the credit union further towards its vision of achieving a friction-free experience for customers. As the largest credit union in the…
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Nationwide Building Society announces that it has appointed Debbie Crosbie as its next Chief Executive and Executive Director, subject to regulatory approval. The selection process has been led by Kevin Parry, the Society’s Deputy Chairman and Chairman Elect and follows the announcement in September that after nearly six years in the role, the current Chief…
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Specialist finance packager Pink Pig Loans has appointed Kate Pedley as its new Head of Residential Mortgages and Protection. Pedley joins from Mortgage Advice Bureau, where she has worked as a mortgage and protection specialist for five years. She has 12 years’ experience in the industry, starting her career with Nationwide Building Society. In her…
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Credit app, TotallyMoney has announced an API integration partnership with digital consumer lender, Fintern. A combination of open banking and artificial intelligence (AI) will allow for faster eligibility checking for customers. Qin Su, TotallyMoney Commercial Director said “TotallyMoney wants customers’ data to work for them and not against them. Fintern is able to harness the…
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Evolution Funding, the motor finance broker and technology provider, has appointed Katie Hayes to the board as its Chief Operating Officer. Bringing over 22 years’ experience in the sector, Hayes joins Evolution from Lloyds Banking Group, where she was a member of the senior leadership team within the motor finance division. Positions held include Head…
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Hodge has appointed Hema Patel as the new Business Development Manager for the North of England and Scotland. Before joining Hodge, Patel worked in various roles at Key Group, including as a Business Development Manager for More2Life and Key Partnerships, for more than 13 years. Patel will support brokers in the north of England and…
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TotallyMoney has announced its API integration with Zuto to enable more personalised car financing options. TotallyMoney says that it’s API integration with Zuto offers customers personalised quotes, meaning greater transparency while removing surprises. Its customers will be shown guaranteed rates prior to application so they know what they’re getting before they apply. In addition to…
Read moreSecure Trust Bank PLC (STB) has announced that it has agreed to acquire AppToPay, owner of a proprietary technology platform to support STB’s planned entry into the digital Buy Now Pay Later (digital BNPL) market. STB, through its V12 Retail Finance business, is already a provider of point-of-sale retail finance, with a network of more…
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Fintech Monevo has appointed Kelli Fielding, TransUnion’s Managing Director of Consumer Interactive, to its board, helping to leverage TransUnion’s global relationships and market-leading decisioning and analytic capabilities. The appointment comes in the wake of TransUnion announcing its investment in Monevo, a personal credit platform empowering lenders to deliver highly personalised credit offers to consumers via…
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Aryza Lending Solutions has announced a new partnership with Hastings Direct. Hastings Direct chose to partner with Aryza for its customer origination platform, following a robust request for proposal, given the cutting-edge platform Aryza had developed and their agile approach to delivery. Commenting on the partnership, Colin Brown, Aryza CEO said “We are delighted to…
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