Credit, Collections & Insolvency News
LHV Bank has announced a partnership with LendingMetrics.
LHV began operating in the UK in 2018 as a branch of the Estonian-based AS LHV Pank, but since securing its UK banking licence in May 2023 functions as a standalone entity, LHV Bank. The bank provides services such as banking for global fintechs, SME lending for UK businesses, and personal savings accounts in partnership with Raisin UK. Its offices support over 200 fintech clients and a growing retail and lending portfolio.
David Wylie, Commercial Director of LendingMetrics, said “LendingMetrics is firmly established as the go-to provider for rapid onboarding of automated decisioning, which is key for lenders wishing to grow business profitably. The new platform not only allows LHV to execute sophisticated and individual decisions in real-time, but also modify policies, algorithms and risk appetite instantly.”
Kris Brewster, Director of Retail Banking at LHV Bank, said “We are excited to be working with LendingMetrics and integrating their systems into our cutting-edge banking technology and App. This partnership supports our ambition to deliver a seamless and intelligent credit experience for our customers, starting with our regulatory application to offer overdrafts as part of our innovative new current account offering currently in development.”
Redwood Bank has announced it has appointed Tina Kokkinos as Non-Executive Director Kokkinos has more than 20 years of experience across leading financial institutions and brings a wealth of knowledge in strategy, operations, risk and governance. Her background includes senior leadership roles at JPMorgan, HSBC and fintech start-up Siege FX, as well as current board…
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Asset Based Lending (ABL) and commercial lending specialist IGF has announced that it’s Executive Director, John Onslow has announced his steps into retirement after nine years of leadership. Since founding IGF in its current guise, Onslow has been instrumental in driving the business forward. Under his leadership, IGF has grown its lending portfolio from approximately…
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The Institute of Credit Management (CICM) has announced that it has appointed Debbie Nolan as Head of Professional Development. Nolan joins to focus on continuing to shape the CICM’s professional development programme, supporting individuals and organisations in enhancing their credit and collections skills. She brings extensive industry experience to the role and has a…
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Metro Bank has announced that it has appointed Paul Gaynor and Louise Molloy as Commercial Lending Directors within the North-West region. Gaynor has 36 years of banking experience and has spent the last two decades working in Corporate and Commercial lending, most recently at NatWest. Gaynor’s new role at Metro Bank will see him based…
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