Credit, Collections & Insolvency News
QDR Solicitors, a dual-regulated legal and debt recovery firm, has announced a strategic partnership with Nutun, a South African customer experience and collections outsourcing specialist. The investment provides QDR Solicitors with access to Nutun’s extensive resources and operational scalability. The agreement enables QDR Solicitors to expand its footprint in financial services and other regulated sectors,…
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The Civil Enforcement Association (CIVEA), the principal trade body for civil enforcement agencies in England and Wales, has joined forces with the National Support Network (NSN) to help vulnerable individuals access vital services, from debt advice to mental health and housing support. Civil enforcement agents work to collect unpaid payments, like council tax, parking fines…
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Fair Finance and Vanquis have announced the launch of a first-of-its-kind decline referral scheme that aims to support over 100,000 financially underserved people across the UK over the next two years. The scheme will direct Vanquis customers who are not yet eligible for its products to a community development finance institution (CDFI), Fair Finance, where…
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PayPoint has announced a partnership with Leeds Credit Union (LCU) which enables their 37,000 members to its CashOut service. The partnership will mean that LCU customers can access their cash and savings across any of PayPoint’s UK network of 29,000 retailer partners. Jo Toolan, Managing Director of Payments, PayPoint said “Our partnership with Leeds Credit…
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Business water retailer Water Plus has agreed to a deal with Flexys to use the company’s debt management technology infrastructure and customer journey technology. Water Plus is the UK’s largest B2B water retailer, serving more than 700,000 customer supply points in England and Scotland. James Hill, CEO of Flexys, said “We are pleased to support…
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JPMorgan Chase announced a £1.2 million philanthropic commitment to help low-income and underserved communities across the UK access affordable loans and build financial resilience. This new commitment will help Fair4All Finance expand its No Interest Loan Scheme (NILS) pilot to a sixth region in the UK. The scheme, the first of its scale in the…
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The Bristow & Sutor Group is calling for more like-minded businesses to commit to worthy causes long-term, after achieving successful outcomes in partnership with The Money Charity. The enforcement specialists announced The Money Charity as their latest charity partner in 2021 and have committed to providing both fundraising and volunteering support for at least the next three…
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Sigma Connected, a provides customer contact services for the finance, utilities, telecommunications and retail sectors, has announced that it is celebrating a 10-year partnership with credit card and personal finance specialist Vanquis, part of the Provident Financial Group, by taking on a new and additional contract to provide customer services to oversee the firm’s credit…
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Open Banking technology specialist, Ecospend has announced that it is partnering with European Banking-as-a-Service (BaaS) provider, Contis. Contis offers a range of BaaS products to its customers across a variety of sectors, including cloud-based, real-time accounts and payments solutions. By integrating Ecospend’s ‘pay-by-bank’ technology, Contis’ customers will have the option to make account-to-account payments, as…
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