Credit, Collections & Insolvency News
The Finance & Leasing Association (FLA) has announced that it has appointed Shanika Amarasekara MBE to its board. Amarasekara succeeds Stephen Haddrill, who retires at the end of July. Amarasekara will take up the role at the beginning of August. Amarasekara brings deep experience in supporting economic development and innovation across the financial services landscape.…
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Target Group has appointed Jonathan Hole as its new Chief Risk Officer (CRO). Hole brings four decades of experience to Target in credit, market and operational risk, including internal and external audit, compliance and approved regulatory functions. Throughout his career he has held several senior roles within major financial institutions such as Barclays, GE Money…
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Skipton Building Society has announced that it has appointed Graham Lindsay as the new Senior Independent Director, following the retirement of Mark Lund. Lindsay brings more than 45 years of wide-ranging executive-level experience in retail, wealth and commercial banking, until 2015 all within Lloyds Banking Group. With hands-on experience from frontline to boardroom, he has…
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Chorley Building Society has announced it has completed the phase-in of LendingMetrics’ Auto Decision Platform (ADP) and is now fully on stream. The Society chose LendingMetrics’ ADP after considering a range of alternatives. Key factors determining the selection were ADP’s ability to deliver a sophisticated semi-automated customer assessment in milliseconds, reducing the level of manual…
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The Financial Conduct Authority (FCA) has announced that it has appointed David Geale as permanent Executive Director for Payments and Digital Finance and Managing Director of the Payment Systems Regulator. In his role Geale will be responsible for helping to deliver the National Payments Vision and driving the FCA’s work on open banking and digital…
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The Finance & Leasing Association (FLA) has announced that it has appointed Paul Smee as Group Chair of the FLA Lending Code. Smee has extensive experience in financial services and was most recently Director General of the Council of Mortgage Lenders from 2011 until 2017, when it was absorbed into UK Finance. He previously ran…
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The Chancellor of the Exchequer Rachel Reeves has announced that Julia Black, Anita Kimber, John Ball and Stéphane Malrait have been appointed as Non–Executive Directors to the Board of the Financial Conduct Authority (FCA). The Chancellor has also confirmed a one-year extension of Richard Lloyd’s second term as a Non-Executive Director on the FCA Board.…
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Risk decisioning software specialist, Provenir has announced Atom Bank has selected the Provenir AI Decisioning Platform to streamline and modernise credit risk decisioning and data orchestration. Chris Storey, Atom Bank’s Chief Commercial Officer. said “Atom bank provides simple, well-designed mortgages and savings products that deliver ease, speed and value right to your device. As our…
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Later life mortgages specialist, LiveMore Mortgages has announced that it has appointed Ian Sturla as its new Risk Lead. Sturla brings more than 16 years of experience in the financial services industry, having held senior positions across lending and risk at businesses such as Lloyds Bank, Coutts and most recently C. Hoare & Co.. For…
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TransUnion announced the completion of the acquisition of Monevo from Quint Group. Monevo’s platform enables comparison websites and other online brands known as publishers to embed highly personalised credit offers. Steve Chaouki, President, U.S. Markets, TransUnion said “We are delighted to welcome Monevo into the TransUnion family.We anticipate that Monevo’s platform will enhance our portfolio…
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Specialist lender Together has promoted Liz Hooley to Head of Corporate Operations in a key restructuring of its Corporate Lending Division. Hooley, who has a 20-year career in corporate banking, lending and risk, will provide strategic and operational direction for the team and will work alongside Dave Rowlinson, the specialist property lender’s Head of Group…
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Digital payment card specialist, Curve has announced a strategic partnership with challenger credit bureau Infact, using its Flex product in real-time reporting API. Will Mason, CEO of Infact said “This partnership demonstrates the benefits to lenders and consumers of accurately representing interactions with financial products on a credit report. Say goodbye to confused consumers missing…
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European real estate and alternative asset manager company Arrow Global has announced that it has appointed Enrico Sanna as CEO Platforms. In his new role, Sanna will lead Arrow’s asset-backed platform strategy, focusing on platform growth, integration, and alignment with investment strategies in new and existing markets. His priorities include optimising operational value creation, advancing…
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