Credit, Collections & Insolvency News
Equita & Ross & Roberts have both been awarded with the accreditation ISO 10002 for their quality Customer Satisfaction Management Systems and are the first enforcement agents to be granted this accreditation by certification body, QMS international. Neil Smith, Managing Director of Equita & Ross & Roberts, said: “I am delighted to have achieved this…
Read morehttp://www.cityam.com/250926/peer-peer-mortgage-lender-lendinvest-posts-133-per-cent
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TalkTalk has been issued with a record £400,000 fine by the ICO for security failings that allowed a cyber attacker to access customer data “with ease”. The ICO’s in-depth investigation found that an attack on the company last October could have been prevented if TalkTalk had taken basic steps to protect customers’ information. ICO investigators…
Read moreThe government has resumed the sale of a failed bank’s £15.65 billion pound mortgage portfolio after it was delayed in the aftermath of the country’s vote to leave the European Union. UK Asset Resolution, which is selling off the Bradford & Bingley loans, is planning to send out non-disclosure agreements to prospective bidders this week,…
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The ONS released UK business figures which revealed that there were 2.55 million businesses registered in the UK in March 2016 compared with 2.45 million in March 2015, a rise of around 105,000 (4.3%). Tim Vine, Leader, Risk Products at Dun & Bradstreet said “These latest figures from ONS have demonstrated that the number of businesses in…
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Aire, a credit scoring startup has confirmed authorisation with the Financial Conduct Authority (FCA). The company also announced that it raised a further $2 million in funding earlier this year led by White Star Capital alongside Sunstone Capital and Accion Venture Lab. Co-founder and Chief Executive Officer Aneesh Varma said: “It’s a huge step for us and also for…
Read moreAmerican Express has become a corporate partner to the Chartered Institute of Credit Management (CICM). American Express Business Payments Solutions supports its customers in improving cash collections. A spokesman for American Express said “Being able to connect with credit professionals through the CICM is an excellent way of highlighting the solutions that American Express can offer,…
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Appointment of Administrators Notices – September 2016 Administration notices have been issued and advertised in the London Gazette for the following companies: 247 TRANSPORTER LTD LSC 4CHILDREN (TRADING) LTD A-B-A-C-U-S FRANCHISING COMPANY LTD AAC MECHANICAL & ELECTRICAL LTD ACORN SHIPYARD LTD ALAN KIRKHAM LTD ALATAS ENGINEERING LTD ALBEMARLE SHOREHAM AIRPORT LTD AUTO FUEL FIX…
Read moreWinding Up Petitions (Companies) Notices – September 2016 Petitions have been issued and advertised in the London Gazette for the following companies: 13LAB EDITION LTD ABBEY ROSE INVESTMENTS LTD ABBEY SURFACING AND CONSTRUCTION LTD ABLE BUSINESS SERVICES CLEANING SOLUTIONS LTD ADCOCK CONSTRUCTION LTD ADVANCE ROBOTIC TECNIK LTD AFFORDABILITY SOLUTIONS LTD AGA LONDON LTD AGWM LTD…
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Wonga has admitted that it double-charged 7,000 customers for their loans on Friday. It says an internal system error resulted in extra payments being taken from bank accounts. Wonga has promised that extra costs and charges incurred will be refunded. The short-term lender said that the rogue payments were refunded later on Friday, but may not yet…
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Paragon Bank PLC’s asset finance division, Paragon Bank Asset Finance, has added to its business with the acquisition of one of the UK’s leading asset finance brokerages, Premier Asset Finance (Premier). Premier sources in excess of £100 million of lending per annum to a range of SME customers. Headquartered in Edinburgh, Premier has a national…
Read moreNew research shows that millions of working-age people across the UK are at financial risk due to their low levels of savings The research by the Money Advice Service, shows that 4 in 10 (40%, 16.8 million) working-age people across the nation lack a savings buffer, with less than £100 in savings available to them at…
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The Chartered Institute of Credit Management (CICM) has published a strategic report outlining its plans for the future following a comprehensive programme of research among members. The publication, entitled ‘Tomorrow’s CICM’, sets out how the study is helping to shape the future strategy and direction of the Institute. It explores the role, image and relevance of…
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