Entries by Stephen Kiely

Wirex and Elliptic unite in new approach to make cryptocurrency safer

Wirex and Elliptic have strengthened their collaboration in order to reduce the risk of cryptocurrency fraud and money laundering. The new remit solidifies the relationship between the two companies as Wirex becomes Elliptic’s first partner to proactively contribute data on fraudulent accounts. Borderless payments platform Wirex and Elliptic, the leading cryptocurrency compliance provider, have been […]

Trade body for the debt collection industry shortlisted for Best Practice Award in Skills Development

The Credit Services Association (CSA) has been shortlisted by the Trade Association Forum (TAF) in its Best Practice Awards 2019 for the Skills Development Award. The TAF has shortlisted the CSA for its work in helping to develop the next generation of credit and collections professionals and for supporting best practice in Compliance, Risk and […]

Drooms and Oodrive announce exclusive strategic partnership to win over Europe’s sensitive data market

Drooms, the leading provider of virtual data rooms in Europe, and Oodrive, the European leader in sensitive data management, today announce the signing of an exclusive commercial agreement. Both parties will market their joint solution in their respective markets: France and French-speaking territories for Oodrive, and Germany and German-speaking territories for Drooms. The companies share […]

JCRA launches new online financial risk management portal for finance directors, portfolio managers and accounting teams

JCRA, the independent financial risk advisor, today announces the launch of Ada, the new digital financial risk management portal for finance directors, portfolio managers and accounting teams. Ada provides real-time access to debt and derivative portfolios and treasury and accounting reports. Ada is named after Ada Lovelace, the 19th-century visionary British mathematician and computer pioneer […]

Lowell Q1 2019 Results: Strong momentum carried forward

Lowell, a European leader in credit management services, has announced positive quarterly results, for the period 1 January to 31 March 2019, showing the strong momentum carried over from 2018. Q1 in summary Strong pipeline across all regions; £94 million capital deployed on portfolio acquisitions 3PC contribution to Cash Income at 20% Continue to benefit […]

CICM highlights success of Code in changing payment behaviour

Fifteen of the seventeen businesses highlighted for poor payment practice in May have filed action plans or are preparing submissions to improve their treatment of smaller suppliers, demonstrating the effectiveness of the Prompt Payment Code. Philip King, Chief Executive of the Chartered Institute of Credit Management (CICM), says firms have responded positively to approaches by […]

Prudence in the driving seat as buyers under-borrow

Cautious car buyers are no longer “maxing-out” on their borrowing ability, and are increasingly choosing vehicles priced below the amount of the loan for which they qualify. That’s the finding of Specialist Motor Finance which says it will shortly be reducing by 25% the minimum loan it is prepared to advance for car purchases. It […]

‘British Steel insolvency could be more wide-ranging than we imagine’

That was the message from Rick Smith, Managing Director of Grimsby-based company rescue and recovery specialist, Forbes Burton as it has been reported British Steel has sunk into compulsory liquidation. Rick said: “The full ramifications of Britain’s second-largest steel producer closing is that around 4,500 jobs are directly at risk and endangering up to 20,000 […]