Credit, Collections & Insolvency News
The Building Societies Association (BSA) has announced the appointment of Sarah Harrison as its next Chief Executive Officer (CEO). Harrison, has over 30 years in strategic leadership roles as a public servant, working both for regulators and the government and will take up the role from 1st December. Harrison joins the BSA from the UK…
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Co-op Insurance, which forms part of Co-op Group, has announced the expansion of its presence in the financial services market by offering personal loans, in partnership with ClearScore. The move into loans follows feedback from member-owners, who expressed a desire for greater access to finance, particularly loans. Through its loans panel, Co-op Insurance aims to…
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Chetwood Bank has announced it has appointed Alan Cleary as Interim Managing Director (MD) of its mortgages division. Cleary, who has worked in specialist lending for more than 30 years, is best known for co-founding Charter Court Financial Services, which merged with OneSavings Bank (OSB Group) in 2019. He led the Precise Mortgages, Kent Reliance…
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Real-time credit intelligence bureau, Infinian, has announced the appointment of Emma Steeley as its new Chief Executive Officer (CEO). Steeley joins Infinian with deep expertise in growing businesses in the consumer lending and credit industry. Previously Chief Executive Officer of Aro Financial, a leading credit marketplace, for three years, she led its growth and successful…
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Global credit management and technology company Pepper Advantage has announced two new appointments. Brendan Twomey joins as Chief Technology Officer (CTO) and the promotion of Gary Stockley, formerly Chief Information Officer, to Chief Product Officer (CPO). As CTO, Twomey has 25 years’ experience delivering complex tech strategies for UK commercial and scale-up banks, specialising in leading…
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Aryza has announces the acquisition of Bravure, a specialitist technology enabled debt sale and recovery solutions provider. Bravure is based in Sydney Australia. Bravure’s Bridge software helps creditors optimise recovery by analysing debt books, automating decisions on collection strategies, maximising the pricing of debt books, and enabling data exchanges with third parties such as debt…
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Computershare Loan Services and The Deposit Protection (The DPS) Charity Fund has donated £40,000 to help support homeless young people in the UK. This is the fifth annual donation in a row to national homeless charity Depaul UK, bringing the total value of donations since 2020 to £200,000. The charity said the donations help it to deliver…
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Atom bank has announced several key appointments in its technology senior leadership team, with a series of strategic changes and promotions designed to accelerate product launches and enhance delivery capabilities. The new structure, which sees nine internal promotions with three new value stream-aligned leadership roles, has been established and is directly accountable for product delivery…
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Consumer lender Evlo has announced a new partnership with community finance provider Moneyline to help underserved non-prime borrowers. Asif Nadeem, Chief Transformation Officer at Evlo said “We know that not everyone who applies for credit with us will be eligible, but we believe in doing right by every customer. “This partnership means that even when…
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Tandem Bank has announced that it has appointed David Shrimpton-Davis as its new Managing Director for its Motor Finance division. Shrimpton-Davis brings with him deep rooted experience in leading and growing a motor finance business, having formerly led Moneybar, the motor finance arm of Vanquis Banking Group. Shrimpton-Davis also brings a wealth of operational and…
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Chetwood Bank has announced Mark Foulsham will join its Board as Non-Executive Director. Foulsham brings more than 30 years of experience in information technology (IT), operations and third-party procurement to the role. Foulsham originally qualified as a civil engineer and retained a practical, analytical mindset while subsequently progressing into senior executive roles, overseeing digital and…
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Flexible payments provider, Klarna has announced that it has been authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). The authorisation was granted to Klarna Financial Services UK Limited (KFSUK), Klarna’s dedicated UK entity, and builds on the company’s existing UK regulatory permissions. Abby Vickers, Head of Klarna Financial Services UK…
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Chetwood Bank has announced the appointment of Rob Pomphrett as Non-Executive Director (NED). Pomphrett brings over 30 years of extensive experience in the banking and financial markets sector, where he specialised in trading risk and leading global teams across credit, interest rates and government bonds, and structured products During a long and successful career, Rob…
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