Pay.UK today announces that PayPoint has joined the Confirmation of Payee name-checking service. This will extend the offering to PayPoint’s local government...

A UK business outsourcing specialist has been awarded a contract by business energy and water operator Yu Energy to provide contact centre support for outbound...

The third edition of the Allianz Trade Collection Complexity Score provides a simple assessment of how difficult it is to collect debt, helping to support...

PCI Pal® (LON: PCIP), the global SaaS provider of secure payment solutions, has today announced a partnership with Teleperformance Limited a leader in...

The collections & recovery platform, receeve, has announced a new partnership with Paylink Solutions to provide a simple, efficient way to carry out...

Aryza, expert developers of software solutions for the insolvency, credit and debt recovery sectors, has launched a new performance management product,...

UNOBank Inc. will use BUSINESSNEXT solutions to power UNO Digital Bank’s customer relationship management (CRM) systems. The artificial intelligence (AI)...

The High Court Enforcement Officers Association (HCEOA) welcomes the appointment of four new Board members to the Enforcement Conduct Board (ECB), which is due...

Chris Leslie, Chief Executive of the Credit Services Association (CSA), the UK trade body for debt collection and debt purchase, has been elected to the board...

The Enforcement Conduct Board, the new independent regulator for the enforcement industry (bailiffs) across England and Wales due to launch in autumn 2022, is...

A Midlands-based business outsourcing firm has donated £1,000 to a charity which provides free guidance and advice on immigration, destitution and...

Aryza announces significant changes to the management team and expansion into new markets to support insolvency and lending businesses. A new CEO has been...

Over the past 90 days, in the UK search terms[2]  for ‘I can’t afford my bills’ (+400) and ‘I am worried about money all the time’ (+300%) have...

Free debt advice provider, PayPlan, has launched a new partnership with the National Bereavement Service (NBS) to provide practical, emotional and financial...

Lowell Group (“Lowell”), one of Europe’s leading credit management services providers, is pleased to partner with the Centre for Social Justice...

Sensée Service Delivery Manager Jo Hodge has been named the Gold winner in the ‘Outsourced Contact Centre Manager of the Year’ category of the...

Arvato Financial Solutions becomes Riverty. The company aims to be a thought leader in the FinTech world using financial technologies, data and process...

Stenn, the leading digital financing platform for global SMEs, is pleased to announce the appointment of Bilal Bajwa to the new position of Chief Product...

Intrum’s annual European Payment Report (EPR)*, a survey of 11,000 companies across 29 European countries, shows that businesses are expecting late payments...

Figures released by the Insolvency Service for May 2022 show a 42 per cent increase in the number of compulsory insolvencies in England and Wales compared to...

“Research from our Debt Need Survey, which measures how many people need debt advice in the UK, has shown that four in ten people (38%) who had used Buy Now,...

Corporate insolvencies decreased by 8.9% in May 2022 to a total of 1,817 compared to April’s total of 1,995, and increased by 79.2% compared to May...

Responding to the FCA’s call for lenders to support customers facing financial distress, global analytics software firm FICO is highlighting the importance...

Litigation funding specialists, Apex Litigation Finance have announced the appointment of Stephen Allinson, Solicitor and Licensed Insolvency Practitioner, as...

The FCA says lenders need to work harder to understand the problems people are facing, so they can offer the right support. They’re worried that vulnerable...

Irish start-up Webio, a leader in Conversational AI in the credit, collections and payments industry, has today announced a series A funding round led by Finch...

Business outsourcing firm Sigma Connected has triumphed in a number of categories at one of South Africa’s most prestigious industry awards. Sigma Connected,...

Paradigm Mortgage Services, the mortgage services proposition, has today announced the appointment of a new Mortgage Helpdesk Manager. Diane Jones joins...

The Money Advice Trust has published its Outcomes Report 2021, which outlines the impact of the charity’s activity across its National Debtline and Business...

Daniel Hill has returned to credit management solutions specialists Lawton Hathaway after founding the company in 2009. Hill, who helped steer major successes...

CIVEA gave evidence this week to the House of Commons Levelling Up, Housing and Communities (LUHC) Select Committee inquiry into Council Tax collection. The...

Parking mobile app & payment solution, PayByPhone, has announced the integration of Yooz real-time automated purchase-to-pay (P2P) software to simplify its...

With inflation pushing 10%, businesses of all sizes are concerned to know just how this will impact them amid the ongoing cost of living crisis. Inflation hits...

South Africa/London: Today, PayU, the leading online payment service provider operating in 50 emerging markets, announces that it is strengthening its foothold...

PIMFA, the trade association for the wealth management, investment services and the investment and financial advice industry, welcomes today’s announcement...

Leading support services provider MorganAsh has integrated the Vulnerability Registration Service (VRS) with its own innovative MARS resilience tool, making...

Liverpool-based debt recovery and credit management services provider, Ardent Credit Services, is celebrating reaching its silver jubilee in June 2022. The...

A new digital based solution, Early Pay, designed to incentivise larger organisations and local authorities to pay their suppliers before an invoice is due and...

As economic indicators falter, the UK is facing a significant rise in debt, and the collections industry needs to react with the best technology James...

The industry needs to consider how to build true digital customer conversations, rather than simply having different interactions By Mark Oppermann, Head of...

Businesses are paying their suppliers even later, despite admitting that they have a responsibility to smaller firms, according to early findings from the 2022...

Yobota has today announced its partnership with Tranch, a buy now, pay later (BNPL) startup platform on a mission to deliver more flexible payments to...

A new digital based solution, Early Pay, designed to incentivise larger organisations and local authorities to pay their suppliers before an invoice is due and...

The Credit Services Association, the trade association for the debt collection & purchase sector, has launched this year’s Membership Awards which is...

Stockholm (Sweden) – Trustly, the leading global payments platform for digital Account-to-Account transactions (“A2A”) today announces the acquisition of...

The Bristow & Sutor Group is a partnership between Debt Recovery Plus (DRP), Credit Style, and Bristow & Sutor. Over the past year, all three...

Research by property purchasing specialist, HBB Solutions, has revealed that South East is currently home to the most repossessed homes and the high cost of...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 31 March 2022. Commenting on today’s announcement...

Her Majesty’s Revenue & Customs (HMRC), the UK government department responsible for tax collection, has seen the number of interactions with its chatbot...

Today, the Payment Systems Regulator (PSR) has announced its plans that will see around 400 more financial firms provide Confirmation of Payee (CoP). This...

The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase industry, has been recognised at the Lincolnshire Apprenticeship...

Nuapay (EML Payments Limited’s (ASX: EML) Open Banking business), is now connected to banks in another 20 countries in Europe, becoming one of the first...

Insolvency figures released for April 2022* by the Government’s Insolvency Service showed corporate insolvencies more than doubled compared to the same month...

A Midlands business outsourcing firm has donated £1,000 to a charity which supports vulnerable and distressed children across the region. Sigma Connected,...

Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines for the UK & Ireland, has released its monetary...

Arrow Global, a leading European investor and asset manager in consumer credit, is pleased to announce the launch of its Portfolio Diagnostic Solution to the...

The UK will be the first major European economy to reach pre-pandemic levels of business insolvencies, with a forecast increase of 37% in 2022, according to...

TransUnion has strengthened its partnership with Lowell, one of the largest credit management companies in Europe, to provide their UK customers with a...

InDebted, the fast-growing global fintech aiming to transform the consumer experience of debt, reveals new research highlighting the impact of the UK’s...

Corporate insolvencies decreased by 6% in April 2022 to a total of 1,991 compared to March’s total of 2,119, and increased by 115.2% compared to April...

Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new partnership with Strive Gaming, an advanced player account management...

Two finance solution specialists have announced they are teaming up to help the accounting industry improve their financial spending and customer experience....

Close to half of 18-34 year olds are struggling with fuels and cost of living rises, forcing them to borrow money from friends, family – or even banks....

Engage, the community banking division of Contis-Solaris, has today announced the integration of Post Office payments to ensure more people, including those in...

New figures from StepChange Debt Charity Scotland paint a worrying picture of its client finances in 2021, with client average arrears on essential bills...

Responding to the confirmation of a new Economic Crime and Corporate Transparency Bill, which was announced in today’s Queen’s Speech, Christina...

Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines for the UK & Ireland, has released Q1 2022...

emerchantpay, a leading payment service provider and acquirer, has formed a strategic partnership with APEXX Global, a multi-award-winning global payments...

Arrow Global Limited (‘Arrow Global’), a leading European investor and alternative asset manager in credit and real estate, is pleased to announce the...

A new Bristol based Fintech, Saltare, has opened its doors to help businesses across the UK to improve cashflow, strengthen supply chain relationships and give...

Lowell Group (“Lowell”), one of Europe’s leading credit management services providers, has appointed Louis Brook as UK Chief Information Officer, Jill...

Infinity has announced the launch of ‘Agent ID’ and ‘Outbound call tracking’ – representing a significant improvement to its contact centre offering....

HighRadius, the leading provider of Autonomous Finance Software, today announced it has been named a Leader in the 2022 Magic Quadrant for Integrated...

Fintech Paylink Solutions has expanded its senior team by a new head of operations and head of information security. Joe Clarke is now Head of Operations and...

The Credit Services Association (CSA), the UK trade body for debt collection and debt purchase, has released a new report exploring the provision of debt...

Sidetrade, the international AI-powered Order-to-Cash platform, has today revealed global payment trends from the Sidetrade Data Lake. Never-before-seen in the...

The issue of mutual legal assistance has not tended to dominate the headlines. But it seems to be on the minds of some who move in important circles. The next...

Edwin Coe LLP Partner Christina Fitzgerald has been appointed President of insolvency and restructuring trade body R3. As President, Christina will work with...

Boosting local economies must be the priority for incoming councillors, a business leader has warned as new figures show weak Scottish business confidence....

Overall, corporate insolvency numbers (liquidations and receiverships) in Scotland for Q4 2021-2022 were 164% higher compared with Q4 2020-2021, at 240...

PCI Pal® (LON: PCIP), the global provider of secure payment solutions, has today announced a mutual partnership with leading Contact Centre as a Service...

Businesses of all sizes are struggling to collect debts because the key contact details they had for each customer before the pandemic have not been updated....

Lowell today announces its full-year results for the 12 months ended 31 December 2021. Commenting on today’s announcement Colin Storrar, Group Chief...

Intrum has signed a new five-year global IT infrastructure outsourcing contract with Fujitsu. The contract with Fujitsu was renewed following a competitive...

A new Bristol based Fintech, Saltare, has opened its doors to help businesses across the UK to improve cashflow, strengthen supply chain relationships and give...

Corporate insolvencies increased by 39.4% in March 2022 to a total of 2,114 compared to February’s total of 1,517, and increased by 111.6% compared to March...

Credit Management Group Intrum UK has continued to expand its team with the addition of David Price as Compliance Director and David Stranaghan as Strategic...

Despite a return to normal for many economies in 2022, insolvencies are set to rise reports leading trade credit insurer, Atradius. In its latest Insolvency...

Respected UK business outsourcing firm Sigma Connected has announced its entry into South Africa’s domestic market in a move which will create up to 1,000...

Qualco UK today went live with two new solutions, featuring open banking technology delivered by a number of key partners. Working with Ecospend and Themis...

Arum is delighted to announce the appointment of Steve Coppard, who will join on 3 May as its Group Director of Debt Policy and Strategy. In this newly created...

ArK Kapital – the data-driven precision finance company enabling startups to grow smarter through long-term loans, maintaining control for founders and...

A leading business outsourcing provider has announced the appointment of a new senior director who will support and develop the company’s renowned offshore...

McCambridge Duffy are set to be one of the first Insolvency Practitioners (IPs) in the UK & Ireland to adopt a new ‘debt-tech’ solution, to create a...

With the constant stream of stories relating to the rise of living costs, from heating homes to commuting to work, it is evident that everyone is being...

Rising inflation, spikes in fuel prices and the growing cost of living crisis haven’t dampened UK borrowers’ climate conscience according to a new report...

HighRadius, the Artificial Intelligence-powered Order to Cash, Treasury Management, and Record to Report software leader, has announced Radiance 2022, to be...

In 2020/21, 45,264 graduates overpaid their student loans, because their payments didn’t stop once the debt was settled. The average overpayment was £375....

Staff at the Bristow & Sutor Group, one of the UK’s leading players specialising in debt resolution, has exceeded its walking target by recording over...

Today, the Payment Systems Regulator (PSR) has published its Annual Plan for 2022/23. Emerging from the COVID-19 pandemic, it’s clear how essential to...

A new survey by the Credit Services Association (CSA), the UK trade body for debt collection and debt purchase, found that firms expect to either explore or...

Whilst hopes were high that the Chancellor’s Spring Statement would counter the rising cost of living, a survey by digital payments expert PayPoint confirms...

Mitek today announced the acquisition of UK’s leading KYC (know your customer) technology pioneers, HooYu. The acquisition helps to ensure businesses know...

The rising cost of living is making the phones ring for financial services businesses across the UK – as worried consumers seek more help and...

Paylink Solutions has partnered with online banking provider, Ecospend, to allow customers who’ve fallen behind with repayment plans to make instant payments...

Business outsourcing provider Sigma Connected has announced the appointment of a new managing director to lead the company’s newly-formed credit services...

R3, the insolvency and restructuring trade body, has launched a new debt advice guide for individuals in Scotland. The free resource, ‘Dealing with money...

People experiencing problem debt tend to have more complex situations than in the past, so the scope and delivery of debt advice also needs to evolve – a...

As UK households are hit by rising prices, the latest update to the UK Financial Vulnerability Index (FVI), a joint project of Lowell and the Urban Institute,...

New polling from StepChange Debt Charity shows that millions of people expect to fall into problem debt this year due to the rise in the cost of living, energy...

Finalists have been announced for the first-ever industry excellence awards that follow the annual CIVEA conference, which brings together leading players from...

The Bank of England raised the base rate another 0.25 percentage points to 0.75%. It may not  be enough to dampen inflation. It’s bad news for borrowers –...

PCI Pal, (LON:PCIP) – the global provider of cloud-based secure payment solutions – has supported restaurant group Fridays UK with the implementation of...

Insolvency figures released yesterday for February 2022* by the Government’s Insolvency Service showed corporate insolvencies more than doubled compared to...

December 2021 card spending data from UK Finance reveals that the average amount spent per contactless card transaction rose by almost 30 per cent following...

Catherine Brown, the former Chief Executive of the Food Standards Agency and current Chair of environmental charity Hubbub, is announced today as the first...

Credit management group Intrum UK has agreed to purchase the entire loan portfolio (the ‘Portfolio’) currently owned by Debt Managers (Services) Ltd...

Corporate insolvencies decreased by 3.2% in February 2022 to a total of 1,515 compared to January’s total of 1,565, and increased by 121.2% compared to...

Leading motor parts remanufacturing business, Remy Automotive UK Ltd, has appointed Paul Zalkin and Andrew Watling of Quantuma Advisory Ltd as Joint...

Southwark Council and Birmingham City Council will soon be the first two Local Authorities to use ‘debt-tech’ firm Trustfolio’s new Creditor Portal with...

Property purchasing specialist, HBB Solutions, has revealed where across the property market holds the unsavoury title of the nation’s repossession hotspot,...

In response to the Small Business Finance Markets Report 2022 from the British Business Bank which found that lending to small businesses has returned to...

Arum and Just today announced Jason Incles, previously of TDX Group from 2006 to 2016, has been appointed as the board’s new Chair. Effective 9 March, Incles...

CashtoCode, the payments service for online merchants, today announced its availability in more than 300,000 retail locations across 10 new countries. This...

Insolvency and restructuring trade body R3 has published new research which aims to address a range of misconceptions about insolvency fees. R3’s paper,...

Delays in the court process, compounded by COVID-19, are allowing businesses to potentially cheat their suppliers out of their hard-earned cash, a cashflow...

The Bristow & Sutor Group, based in Redditch, Worcestershire, is calling for more like-minded businesses to commit to worthy causes long-term, after...

InDebted, the fast-growing global fintech aiming to transform the consumer experience of debt, has today announced the appointments of Pierre Bergamin as Vice...

Catherine Brown, the former Chief Executive of the Food Standards Agency and current Chair of environmental charity Hubbub, is announced today as the first...

The Covid pandemic has had a very distinct impact on the progress of people seeking debt advice, according to StepChange Debt Charity. Their initial progress...

Five leading companies – Diageo Scotland Limited, Diageo Global Supply IBC Limited, Diageo Northern Ireland Limited, Diageo Great Britain Limited and...

One Mortgage System (OMS), the single-input enquiry to completion processing platform for brokers, has integrated the Land Registry search facility. This...

The Bank of England has today published its latest Money and Credit figures showing consumer credit growth increased to 3.2% in January 2022 from 1.5% in...

Esson & Aberdein has launched a dedicated Lender Services division to address an acute lack of provision and competition in the area. It is taking over...

The UK’s energy crisis has prompted one in five (20%) Britons to rely on credit cards, loans and overdrafts to manage the mounting costs recorded over the...

At the recent AGM of the Credit Services Association – the trade association for the debt collection and debt purchase industry – Sarah Whiteley,...

Since the start of the pandemic, digital payment expert, PayPoint, has aided local government in its support of vulnerable people by dispensing more than 3.5m...

Rehan Ahmed and Tauseef Rashid of business advisory firm, Quantuma, were appointed as joint administrators of TVR Express Limited (TVR) on February 21st....

A UK business outsourcing specialist has agreed a three-year contract with Anglian Water to support its most vulnerable customers. Sigma Connected, which...

Virgin Money has enhanced the way customers who have fallen into arrears provide their income and expenditure (I&E) information as part of a new digital...

Lulu Guinness, the quintessentially British and iconic handbag brand, has partnered with Yooz, the cloud-based provider of real-time purchase-to-pay (P2P)...

Euler Hermes, the world leader in trade credit insurance, announces a change in its leadership team. Jennifer Baert, previously Global Head of Credit Risk...

Arrow Global Limited (Arrow Global), a leading European investor and alternative asset manager in credit and real estate, is pleased to announce the...

Nexi, the leading European PayTech, and Fipe, the primary Association representing businesses in the hospitality, tourism and entertainment industry, have...

Creditfix, the UK’s largest personal insolvency provider, has announced sweeping changes to how it works with third party debt packager firms. The move,...

Generation Z are far more likely to be living on the edge – only 14% have enough spare cash to be resilient to rising prices – compared to 52% of...

Sidetrade has today revealed the detrimental impact spreadsheets have on business team’s effectiveness, in “Cash Culture Pulse” 2022. Cash Culture Pulse...

A leading credit management and debt recovery company says demand for legal services has increased sharply over the past 12months and is showing no sign of...

A revolutionary new tool to protect consumers and the construction industry, Pay Trade celebrates its official launch of its escrow and construction contract...

Just. The Enforcement Market Integrator has appointed the industry expert on tackling nuisance and unlawful vehicles, Alan Wood, as a Strategic Account...

PayU, the leading fintech and online payments provider across high-growth emerging markets, has today announced that a new innovative credit solution developed...

A British entrepreneur who recently launched an automated digital platform to collect business debts believes he has settled the country’s oldest invoice –...

The side-hustle phenomenon has taken off in the last two years, with recent data highlighted by embedded finance provider YouLend suggesting more than half of...

Clearpay, Laybuy and Openpay have agreed to refund borrowers who were charged late payment fees in specific circumstances. All three, plus Klarna, had their...

The UK food and beverages output is forecast to grow by more than 3% in 2022, but the outlook for food producers and processors is less positive according to a...

As Covid-19 loosens its grip on the business world, the majority of businesses (87%) are reporting that their sales and marketing performance has returned, or...

The Credit Services Association (CSA), the only UK Trade Body for the Debt Collection and Purchase Industry, and approved provider on the Register of...

Private equity and special situations institutional investor Sandton Capital Partners (“Sandton”) has supported UK Insolvency Practitioners (IPs) with over...

The Insolvency Service punished 32 individuals who went bankrupt as a result of excessive gambling or unnecessarily extravagant spending last year*, says...

Credit management group Intrum UK has signed an agreement to manage the collections and recoveries functions for the Sainsbury’s Bank and Argos Financial...

StepChange Debt Charity and OVO Energy are delighted to announce a new partnership that will provide a package of support to the charity worth up to £2...

Qualco UK is pleased to confirm it has received authorisation from the UK’s financial services regulator, the FCA. Although historically there has not been...

Lantern, one of the UK’s market leading debt purchase and recovery companies focusing particularly on vulnerability, has received its third consecutive...

The average SME online retailer could save an estimated £19,000 by reducing transaction fees associated with popular payment providers such as AMEX,...

Alex Burghart MP, the Parliamentary Under Secretary of State at the Department for Education, will discuss how Government values service-sector apprenticeships...

PKF GM has announced the appointment of Stratford Hamilton. Stratford joins as a director in the London team specialising in contentious insolvency. Stratford...

The energy price cap will rise to £1,971 in April, up 54% or £693 (the difference is due to rounding).That’s a record rise in bills. Pre-payment bills will...

“With the cost of living at a thirty-year high, financial support for people and families living with debt is more important than ever. BNPL platforms...

The Bristow & Sutor Group has announced they will be the headline sponsor of the maiden CIVEA awards night and dinner, part of the forthcoming annual CIVEA...

Debt Register, a new payment accelerator platform, has been shortlisted in the Innovation and Technology category of the UK’s leading awards programmes for...

Phoebus Software Limited (PSL) and Hampshire Trust Bank have renewed their contract which will see the Phoebus solution continue to service the bank’s...

The number of individuals entering bankruptcy was the lowest since Q4 1987 with only 1,824 bankruptcies occurring in the quarter. This is the seventh quarter...

Commenting on the 2021 corporate and personal insolvency statistics for England and Wales, Colin Haig, President of insolvency and restructuring trade body R3...

The Bristow & Sutor Group has recently partnered with technology expert Andrew Slade, representing the next step in the company’s ongoing commitment to...

The Payment Systems Regulator (PSR) has published its initial remedies consultation for its card-acquiring market review. Every time somebody makes a card...

In a world full of busy consumers where everyone wants everything yesterday, fluid and tailored customer experiences are vital for businesses. In fact,...

Nine in ten (93 percent) businesses are currently waiting on late payments from customers, according to new research. For medium sized enterprises with 50 to...

New research from anti-money laundering (AML) specialist SmartSearch has found just under a third (28%) ofregulated businesses are unaware of digital AML...

Affinity Water, the largest water-only company in the UK, is taking the plunge and has begun a new digital engagement process by introducing conversational SMS...

A collective of industry experts from across the consumer credit, debt advice, collections, insolvency, and fintech sectors have joined together to launch...

More than 4.5 billion Bacs payments are made in the UK every year, representing roughly 90% of all regular monthly payments via direct debit transactions. But...

Aryza Holdings Limited (Aryza) has today announced it is accelerating its European roll-out through the acquisition of Collenda, a leading DACH and Benelux...

Arvato Financial Solutions are delighted to announce the appointment of Peter Wallwork FCICM as Non-Executive Director. Over the last twenty years, Peter has...

Insolvency figures released for December 2021* by the Government’s Insolvency Service showed a 20% increase in corporate insolvencies compared to the same...

With a press release titled; ‘FCA to introduce new Consumer Duty to drive a fundamental shift in industry mindset’issued on December 7th, the Financial...

Arum has been named as a supplier on Crown Commercial Service’s (CCS) Debt Resolution Services (DRS) framework to provide to provide Fraud, Error and...

Corporate insolvencies fell by 11.4% in December 2021 to a total of 1,486 compared to November’s total of 1,678, and increased by 20.1% compared to December...

Intelligent automation and IT sales veteran, Adrian Jones, joins ABBYY as its newly appointed Chief Revenue Officer (CRO). Jones has led large global sales...

Marston Holdings, the UK’s leading provider of integrated, technology-enabled transport solutions, has announced its acquisition of Vortex IoT Limited,...

The number of County Court Judgments (CCJs) issued against consumers in England and Wales in 2021 rose by more than one third compared to 2020, according to...

A third of Scottish business owners say that late payment increased in the last three months of 2021, according to new research from the Federation of Small...

National law firm Clarke Willmott LLP has become the first client-servicing solicitor firm to gain a CICMQ quality accreditation from the Chartered Institute...

The Payment Systems Regulator (PSR) has today published its new strategy, setting out its priorities and what it aims to achieve over the next five years. The...

Having surveyed 2,600 consumers and contact centre professionals in both the UK and USA, research commissioned by PCI Pal® (LON: PCIP), the global cloud...

Nearly half of UK adults (44%) want urgent help in managing their own money, according to a new opinion poll highlighting the dire state of the personal...

Paysend, the card-to-card pioneer and international payments platform, today announces the appointment of Jairo Riveros, as managing director of the United...

The PSR has today published its latest access and governance report, showing trends and developments in interbank payment systems over 2019 and 2020. This...

DigiDoe, the London-based startup which is on a march to revolutionise the world’s outdated payments infrastructure, has secured more than £850,000 from new...

Back2Credit has today announced the launch of their UK consumer debt advice platform, designed to provide individuals with quick access to the financial...

Businesses seeking to take the guesswork out of bad debt provision at Financial Year End could benefit from a new free service being provided by Debt Register,...

Just, the enforcement market integrator, has been named as a supplier on Crown Commercial Service’s (CCS) Debt Resolution Services (DRS) framework to provide...

Litigation funding specialists Apex Litigation Finance have announced the appointment of Mark Sands as Head of Insolvency, where he will be taking overall...

It’s now critical that small suppliers get paid within 30 days, says OSBC. The Office of the Small Business Commissioner (OSBC) welcomes the clarity provided...

“This week’s figures from the Federation of Small Businesses (FSB) revealed late payments are continuing to trouble the small business sector which could...

Phoebus Software Limited (PSL) and Lendco have signed a four-year contract which will see the specialist lender onboard all new mortgage completions onto the...

Today’s Bank of England data for November showed a significant net increase in borrowing on credit cards, which StepChange Debt Charity warns may be an...

Following the latest Bank of England statistics which found rates fell and approvals remained steady in November, John Phillips, national operations director,...

Commenting on the Government’s Future of Insolvency Regulation consultation, which was launched today, Colin Haig, President of insolvency and restructuring...

Given the number of shoppers I saw out and about over the weekend, the bumper pre-Christmas spending spree shops, restaurants and pubs were hoping for won’t...

Arvato Financial Solutions has been honoured by Credit Strategy for its consumer-focused debt collection. The award centres on an outsourcing project in which...

Looking ahead at how customer expectations of financial services are likely to change in 2022 and what this means for banks. 1 – Creating a Unified...

Businesses seeking to take the guesswork out of bad debt provision at Financial Year End could benefit from a new free service being provided by Debt Register,...

Insolvency figures released on Friday for November 2021* by the Government’s Insolvency Service showed an 88% increase in corporate insolvencies compared to...

UK families face being pushed into debt over the next few months with over a quarter (27%) of people with dependents saying they’ll need to borrow to survive...

Corporate insolvencies rose by 18.7% in November 2021 to a total of 1,674 compared to October 2021’s total of 1,410, and increased by 87.9% compared to...

Liverpool and Warwickshire Councils are the latest to join 96 local authorities and housing organisations across the UK in providing convenient and immediate...

Yolt, Europe’s leading open banking provider, has announced a strategic partnership with The Digital Debt Resolution Agency (The Digital DRA) to harness open...

Account-to-account (A2A) payments are an evolution of the ever-changing payments landscape. The solution enables to cut out third parties and transfer payments...

Fintech Paylink Solutions has hired Crispin Neads as Head of Development to drive product development and enhance its digital affordability applications for...

Paradigm Mortgage Services, the mortgage services proposition, has today announced the promotion of Tom Hunt to the role of Relationship Manager. Tom will be...

Today the Payment Systems Regulator (PSR) publishes its regulatory framework for the renewal of the UK’s interbank payments infrastructure that allows...

receeve, the innovation leader in collections & recovery technology, is proud to announce our newest customer, ABN AMRO, the third-largest bank in the...

PayU, the fintech and e-payments business of Prosus, has today announced that its patent for technology, which will improve payments routing and approval, has...

Charity donations would increase over time if people had access to digital solutions that enabled them to easily dial-up or dial-down their regular donation to...

The Money Advice Trust, the charity that runs National Debtline, has welcomed today’s action from the Advertising Standards Authority (ASA), to uphold...

Global payments company, Elavon, has partnered with Liberis, a global leader in providing embedded finance solutions, to offer funding for...

StepChange Debt Charity is pleased to see the Financial Conduct Authority taking a strong next step towards a much needed Consumer Duty for the financial...

The Money Advice Trust has welcomed the FCA’s plans for a new Consumer Duty that are intended to ensure a more consistent standard of consumer protection in...

Just, the enforcement market integrator has appointed FinTech veteran Mike Dugand as Chief Technology Officer (CTO). Dugand will take his seat on the board of...

Today, the PSR sets out its proposal to ensure the industry remains on track with establishing a single Confirmation of Payee (CoP) system. This will...

The Atradius Payment Practices Barometer Survey Results for Eastern Europe paint a promising picture of businesses that have maintained the status-quo, despite...

Encore Capital Group, Inc an international specialty finance company, today announced the findings of its Economic Freedom Study. The survey asked 2,600 people...

A new service that offers fast, risk-free payment of undisputed unpaid business invoices has been launched by Caresso Law. Under the new scheme, the company...

Commenting on the FCA’s move to change the 90-day rule, meaning from 26 March 2022, banks should only authenticate for the first access request of an account...

Borrowers with inactive firms are far more likely to be mortgage prisoners: there are 195,000 of them. Of these, 66,000 may be able to switch, and 30,000...

UK consumers are failing to measure up when it comes to understanding their finances, according to a survey of 24,000 European consumers by credit management...

The Midlands-based enforcement specialist was recently audited by the Civil Enforcement Association (CIVEA), scoring an impressive 100% in the process. CIVEA...

Yooz, the purchase-to-pay automation provider, is proud to be Certified™ by Great Place to Work® – the prestigious award based entirely on what...

Arrow Global, a leading European investor and alternative asset manager in credit and real estate, today announces the creation of a dedicated corporate...

Trade credit insurer Atradius has published 2021’s annual Payment Practices Barometer Survey Results for Western Europe. Denmark had the highest percentage...

Having dealt with the initial pandemic aftershock, this year the key areas of focus for businesses were building economic resilience and improving customer...

The Lending Standards Board (LSB) has announced that commercial debt solutions provider, Azzurro Associates (Azzurro), has become a registered firm with the...

Invu Services Limited, the Document Management, Accounts Payable and Purchasing solutions provider, is today announcing it has become a member of the Agilico...

Leading free debt advice provider PayPlan has joined forces with Plain Numbers, an organisation dedicated to helping firms support their customers who struggle...

Moneyhub, the market-leading Open Finance data, intelligence and payments platform, is partnering with expense management software provider Expense Once to...

Ecospend, a leading UK provider of Open Banking APIs, has today announced the appointment of Sarah Lambert as Head of Solutions. Sarah will be working with the...

The panel at finova Payment & Mortgage Services has been enhanced with the addition of BuildLoan, the UK’s largest self and custom build mortgage...

Tim Cooper, Chair of insolvency and restructuring trade body R3 in Scotland and a Partner at Addleshaw Goddard in Edinburgh, has won the Association’s R3...

Yesterday Amazon announced it would stop accepting credit card payments from January and research by leading UK Buy Now Pay Later (BNPL) platform, Butter, has...

Sidetrade, an Artificial Intelligence platform dedicated to accelerating revenue and cashflow for businesses, has won “Shared Services Credit Team of the...

Today, the Payment Systems Regulator sets out its latest plans to fight fraud and protect victims of APP scams. Every year thousands of individuals and...

StepChange Debt Charity wholeheartedly supports and welcomes the Financial Conduct Authority’s proposals today to ban debt packaging firms from accepting...

Out of the 1.7m people who receive debt advice each year, around 54,000 start with a debt packager. These companies make 90% of their income by referring...

Specialist Finance Centre (SFC), the second charge and specialist finance packager, has announced the launch of its proposition into Scotland as it continues...

Insolvency figures released today for October 2021* by the Government’s Insolvency Service show a 63% increase in corporate insolvencies compared to the same...

Small businesses are being given free access to a new digital payment platform to help them get outstanding debts paid more quickly. Debt Register is giving...

Corporate insolvencies fell by 3.0% in October to a total of 1,405 compared to September’s total of 1,449, and increased by 63.6% compared to October...

The F4B Network has introduced a free admin support package for its ARs. The aim of this initiative is to allow ARs to dedicate a greater proportion of their...

Sidetrade has today revealed that the proportion of invoices left unpaid by UK retail companies in October 2021 hit an all-time high since records began, and...

Pollen Street Capital has agreed a sale of Aryza Holdings Limited. (Aryza, or the Company) to Atlas Bidco 1 Limited – a company owned by Macquarie...

Today’s Ministry of Justice data show numbers of landlord court actions and orders remain supressed since March 2020, with a significant increase in the...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 30 September 2021. Commenting on today’s...

Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, celebrates its 10 year anniversary, following a year in which the lender...

The Midlands-based enforcement specialist was nominated for three categories at the Credit & Collections Technology Awards, held at the Midland Hotel in...

Sidetrade (Euronext Growth: ALBFR.PA), an AI-powered Order-to-Cash platform dedicated to accelerating revenue and cash flow, has become a certified Access...

United Trust Bank (UTB) has appointed Astrid Michael as its new Head of Sales for its Asset Finance division following the retirement of Keith Sangwin earlier...

55 per cent of lenders plan to adopt open banking this year with 93 per cent of those businesses expect to adopt the data-sharing initiative in the next 12...

A cheque-writing service that helps ease the payment processing burden for companies across the UK, especially during the COVID-19 pandemic, has now issued its...

EQ Credit Services will partner with Homes England on five-year deal supporting Help to Buy customers. Following a competitive tender process EQ Credit...

Cashflows, the platform that makes it easy for merchants to accept payments, has, today, announced a partnership with digital commerce platform, BigCommerce, a...

Thornbury Collections are delighted to announce that through its worldwide partnership with GCS Credit Community, they have been chosen to collect Circa 30,000...

Businesses and accounts departments are spending too much time chasing overdue debts when that time would be better spent in advising their sales teams on who...

Quarterly insolvency statistics released last Friday for Q3 2021* show that the number of company insolvencies was 17% higher than in Q2 2021 and 43% higher...

A Birmingham-based law firm specialising in commercial property debt collection, has announced the appointment of one of the region’s leading property...

HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, announces a new partnership with Riveron. In becoming an...

The Bristow & Sutor Group has signed a charity partner agreement that will see the Midlands-based company provide support, volunteering and annual...

As the UK continues to assess the impact of the pandemic on household finances, the latest update to Lowell and Urban Institute’s UK Financial Vulnerability...

A new debt resolution agency, The Digital DRA, has been launched to help consumers struggling with mounting debt levels brought about by the pandemic....

The number of individuals entering bankruptcy has hit a record 22-year low with only 1,938 bankruptcies occurring in the quarter. At the same time, the number...

There were 3,765 seasonally adjusted corporate insolvencies in Q3 2021, an increase of 16.7% compared to Q2 2021’s figures of 3,226 and a rise of 43.5%...

Credit Style, part of the Bristow & Sutor Group, says energy sector workers who have lost their jobs recently should consider changing career paths,...

Nemesysco, a leading provider of voice analytics technologies and solutions for genuine emotion detection, today announced that Lelani Rautenbach has been...

Research into UK SME finance and accounting departments has exposed the sheer lack of digital tools currently used, with just one in five (20%) having adopted...

It is a well-known fact that small is powerful, especially when it comes to business. In the UK today, companies with between 0 – 49 employees make up...

The Praetura Group are pleased to announce that Kingsway Finance has been accredited as a new lender for the Recovery Loan Scheme (RLS) by the British Business...

Metro Bank, one of the country’s leading community banks, has selected Qualco UK as its collections and recoveries (C&R) partner following a lengthy...

Ampla Finance, the legal finance provider, has today announced the appointment of Natalie Player and Deborah Ward, both qualified lawyers, as Commercial...

Lantern, the Leeds-based leading player in the speciality finance debt purchase market, has agreed terms to acquire Sonex Financial, as it continues to deepen...

StepChange Debt Charity, which has been urging the Government through its Covid Debt Rescue campaign for additional support to help tenants who face a £360m...

Home and hybrid working specialist Sensée has announced a three-year partnership with Treedom, a global web platform for planting trees and forests worldwide....

Today, the Payment Systems Regulator sets out its latest plans to fight fraud and protect victims of APP scams by outlining its next steps for the wider...

County Court Judgments (CCJs) against businesses in England and Wales rose by 70 percent in Q3 2021, compared to the same quarter in 2020, according to figures...

New Partner hire signals major investment in region’s booming finance sector. PKF, one of the UK’s largest and most successful accountancy brands, has...

The Ministry of Justice (MoJ) has issued legislative guidance confirming that where creditors are registered for VAT, the debtor should not be charged an...

Equity release law firm Equilaw has appointed Max Hayden as the new Managing Director just in time for a major launch of new technology, while Claire Barker,...

Insolvency figures released today for September 2021* by the Government’s Insolvency Service show a 56% increase in corporate insolvencies compared to the...

Corporate insolvencies increased by 7.2% in September 2021 to a total of 1,446 compared to August’s figure of 1,349, and increased by 55.8% compared to...

The High Court Enforcement Officers Association (HCEOA) has welcomed this week’s publication of a new Ministry of Justice guidance document entitled VAT on...

Phillips & Cohen Associates, Ltd. (PCA), is the global leader in deceased account care servicing and technology solutions. The death tech conglomerate...

National law firm Clarke Willmott LLP’s Debt Recovery team has been recognised in the 2022 Legal 500 guide, which ranks the best law firms and solicitors in...

With the contactless payment limit increasing from £45 to £100 tomorrow, Friday 15 October, Matt Phillips, VP, Head of Financial Services at Diebold Nixdorf...

The digital gift card and voucher market is reported to have grown in the UK by almost £1 billion, now estimated to be worth £6.9 billion1. Recognising...

Facing foreign payment practices and foreign legal frameworks is one of the main challenges of collecting debts abroad. Now multinationals can use the...

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today...

Leading UK law firm Shoosmiths continues its ambitious growth plans in Northern Ireland, appointing corporate lawyer Andrew Jennings as partner. Andrew is dual...

Late payments are threatening the survival of small businesses across the UK, according to findings from new QR-code payment and invoicing app, tomato pay....

Grant Associates, renowned for its award-winning landscape architecture practice across the globe, has redesigned its invoice processing removing the need to...

The number of employees was up 207,000 to a record 29.2 million in September, back above pre-pandemic levels. The redundancy rate fell to 3.6 per thousand in...

The UK is set for a significant rise in business failures as firms readjust to life without government COVID-19 pandemic support measures, according to Euler...

Flexys Solutions is pleased to announce First Response Finance as its fourth motor finance client. First Response, part of the Itochu group, will be migrating...

The Credit Services Association (CSA), the UK trade association for organisations active in the debt collection and purchase industry, has written to OFGEM to...

Nisha Arora, the FCA’s director of consumer and retail policy, gave a speech at the Westminster Business Forum, on debt regulation: Regulating for better...

Litigation funding specialists Apex Litigation Finance have announced the upcoming appointment of Mark Sands as Head of Insolvency. Mark will join the firm in...

UK business insolvencies are set to rise 33% on pre-pandemic levels, reveals new economic research by trade credit insurer Atradius. Contrary to initial...

Sidetrade, an AI-powered Order-to-Cash platform, has today revealed that the proportion of invoices left unpaid** by UK businesses rose for the first time in...

James Sleight and Oliver Collinge of PKF GM were appointed as Joint Administrators of Kuhnel Graphics Limited on 14 September 2021. Today (5 October 2021),...

AnaCap Financial Partners (“AnaCap”), a leading specialist mid-market investor announces the successful closure of two performing loan transactions in...

“Since June 2020, creditors and debtors alike have had to contend with fluctuating rules around the use of statutory demands and winding up petitions. It’s...

HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, has been awarded an exclusive patent by the United...

Ofgem has announced that three more energy suppliers have gone to the wall: Enstroga, Igloo Energy and Symbio Energy. Sarah Coles, personal finance analyst...

Intrum has appointed Emma Hardy as Business Development Manager, as the company returns to the contingency collections market in the UK. The credit management...

Hodge has appointed Andrea Roberts as its national account manager for the North. With more than 25 years’ experience in the financial services sector, both...

Work-from-home and hybrid workspace specialist Sensée has won the Gold award for “Most Effective Colleague Engagement” at the 2021 UK National Contact...

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, announces...

Credit management group Intrum has returned to the contingency collections market in the UK. The company now offers a full UK debt collection service, allowing...

In late August, 6% of the workforce was estimated to be on full or partial furlough. That’s between 1.3 million and 1.7 million people. At the end of July...

Decentralized Payment Ecosystem Divi Project (Divi), has announced two new senior appointments and a promotion to accelerate its tech innovation, drive its...

PayU, the payments and fintech business of Prosus, today announces its collaboration with AU10TIX, an identity management company, to screen customers and...

As of July 12th, the leading financial services provider Hoist Finance is live with Vilja Deposit in the UK and extends its offering to include deposit in...

The latest research by Birmingham estate and lettings agent, Barrows and Forrester, examines the true impact of the COVID-19 pandemic on landlords due to rent...

Glasgow-based fintech start-up, Know-it, has today launched its beta cloud-based credit management platform. Founded by Lynne Darcey Quigley, the Know-it...

EQ Credit Services (EQCS), the consumer credit technology and outsourced services provider, has appointed Sarah Jackson as its new Managing Director. Sarah...

Following the latest HMRC figures finding that housing transactions bounced back sharply from July to August, John Phillips, national operations direction at...

Insolvency figures released today for August 2021* by the Government’s Insolvency Service show a 71% increase in corporate insolvencies compared to the same...

Leading UK anti-money laundering specialist SmartSearch has appointed a new in-house general counsel to provide expert guidance on legal issues affecting the...

Corporate insolvencies increased by 22.9% to 1,348 in August 2021 compared to July’s figure of 1,097, and increased by 71.1% compared to August 2020’s...

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that the costs incurred by UK landlords who have been...

Jimmy Saunders and Andrew Knowles, both of Kroll Advisory Ltd., were appointed Joint Administrators of Artisan H1 Limited, The Ainscow Hotel Limited, Greyday...

The Midlands-based enforcement specialist has pledged £15,000 to the charity, which will have a direct impact on around 500 people. Half of this donation is...

Solicitors have just over month to check the latest HM Treasury Consolidated List of asset freeze targets to make sure they are not holding monies belonging to...

Paysafe (NYSE:PSFE), a leading specialized payments platform, today announced it has appointed seasoned iGaming executive, Zak Cutler, as CEO, North America...

Seaglass Cloud Technology, an end-to-end, software-as-a-service (SaaS) provider to the energy sector, has launched a smart Deal Billing upgrade to its flexible...

As many as 15% of the UK’s SMEs are rated ‘fragile’ and risk insolvency during the next four years as Covid-19 state support schemes are withdrawn,...

Duncan Swift, Past President of insolvency and restructuring trade body R3, responds to the publication of the All Party Parliamentary Group on Fair Business...

Philip King, the former Interim Small Business Commissioner (SBC) and acknowledged expert in the world of credit and cashflow management, has joined Debt...

Essex House Builder Marden Homes Limited has secured a £17 million loan from Shawbrook Bank to help complete a unique, luxury lakeside scheme at The Channels...

Know-it, a Scottish fintech start-up, has today launched its beta cloud-based credit management platform. Founded by Lynne Darcey Quigley, the new platform...

A unique partnership has seen a forest of 1,000 trees being planted to celebrate new staff joining an award-winning business outsourcing provider. Sigma...

Christina Fitzgerald, Vice President at insolvency and restructuring trade body R3, comments on the Government’s decision to lift its temporary insolvency...

Ophelos, the customer-centric debt management platform, has chosen Open Banking credit reference agency, Credit Kudos, as its Open Banking partner to ensure...

Sopra Banking Software, a global leader in banking and specialised financing software, is proud to announce that its Sopra Financing Platform (SFP) pricing...

VibePay, the company powering the next evolution of payments through Open Banking, has become the first to offer account to account voice activated payments in...

Phoebus Software Limited (PSL) has selected Webio as its partner to supply multi-channel customer social media communication for PSL’s clients. This...

Fitch Ratings has assigned Hoist Finance UK Limited (HFUK) an Asset-Backed Special Servicer Rating of ABSS2+, confirming HFUK’s leading position as a trusted...

Free debt advice provider, PayPlan, welcomes new Government guidance which asks local authorities to improve the way they collect council tax arrears and have...

UK Finance has published its household finance review for Q2. Sarah Coles, personal finance analyst, Hargreaves Lansdown: “Hundreds of thousands of people...

A detailed analysis of how the UK’s small businesses were impacted by COVID-19 and other economic challenges in 2020 has been published in a joint study by...

A new start-up fintech launched by a former credit industry professional aims to get businesses paid within seven days, resolving the long-standing issue of...

A new survey of court users has found that almost 99% support a greater freedom of choice – enabling them to use a High Court enforcement route – when...

HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, announced the appointment of an Advisory Council for...

Just the enforcement market integrator has begun the application process to become a certified B Corporation. Certified B Corporations are a new kind of...

New research has shown that just 14% of UK Finance decision-makers focused on cash flow during the most recent Covid-19 lockdown. The majority of businesses...

Recruitment is once again high on the agenda at Apex Litigation Finance as the company continues to fuel its growth strategy. The company is continuing its...

Insolvency and restructuring trade body R3 is urging directors of Covid-hit businesses to use the final month of the Government’s furlough scheme to plan for...

With 54% of people saying that they have higher customer service expectations than they did just one year ago, providing the best customer service experience...

A new survey of court users has found that almost 99% support a greater freedom of choice – enabling them to use a High Court enforcement route – when...

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Cabinet Office’s Debt Management Vulnerability...

Fitch Ratings has assigned Hoist Finance UK Limited (HFUK) an Asset-Backed Special Servicer Rating of ABSS2+, confirming HFUK’s leading position as a trusted...

“It was to be expected that housing transactions would be lower in July but 62% is quite a drop. Having said that, June was a record month as the...

Following the property transactions from HMRC this morning, Adam Oldfield, head of sales and account management at Phoebus Software, says “As expected the...

Insolvency figures released last week for July 2021* by the Government’s Insolvency Service show a 13% increase in corporate insolvencies compared to the...

Hull based secured loan specialist The Personal Finance Centre have chosen Fintech innovators Nivo to implement their app based application process and...

The inaugural Credit Services Association (CSA) Awards will take place after the UK Credit & Collections Conference (UKCCC) in Newcastle on the 9...

HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, has been named to the Forbes 2021 Cloud 100, the...

Tesco Bank has announced plans to transfer its collections and recoveries operations (Financial Assist) within its Customer Service division to Arrow Global, a...

Corporate insolvencies fell by 9.3% to 1,094 in July 2021 compared to June’s figure of 1,206, and increased by 13.4% compared to July 2020’s figure of...

PayU, the payments and fintech business of Prosus, today announces that its controlled company Red Dot Payment, a South East Asia focused online payment...

Just the enforcement market integrator has set up a series of user meetings allowing users of enforcement/bailiff services to comment on the recent proposal...

There were 953,000 job vacancies in May-July 2021 – 290,000 above the April-June rate, and 168,000 more than its pre-pandemic level in January-March 2020....

The latest data from MoneyCharity.org shows that in Quarter 1 2021 lenders wrote off £1,042 million, of which £355 million was credit card debt. These...

Credit Style, one of the UK’s leading players in debt recovery, has launched a new internship programme in collaboration with Sheffield Hallam University,...

PCI Pal – the global cloud provider of secure payment solutions for business communications – has supported GC Business Finance in ensuring that all...

Policy makers need to think carefully before decriminalising TV Licensing, and consider the fundamental impact it may have on future fee collections....

The midlands-based enforcement firm launched its ‘Leading the Way’ blog last year as a platform for staff to discuss industry topics, but has seen this...

Bristow & Sutor, one of the UK’s leading players specialising in debt recovery, has extended its debt recovery support of Bath and North East Somerset...

Flexys Solutions is pleased to announce the appointment of Ahmed Amin to the role of Chief Revenue Officer. Following the recent appointments of Elizabeth...

Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new payments ‘safeguarding’ acquiring model for airlines in the U.S. and a...

Ever since the administration process became the key business rescue process over two decades ago, the pre-pack administration has suffered a tarnished...

Laserfiche — the leading SaaS provider of intelligent content management and business process automation — has today announced the introduction of a...

Following the latest Build UK figures that found nearly a third of major contractors are paying faster than 30 days, Mark Beard, chairman at Beard Construction...

An award-winning business outsourcing provider has announced the appointment of a new director who will support the firm’s new and existing clients in the...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 30 June 2021. Commenting on today’s announcement...

There were 3,116 seasonally adjusted corporate insolvencies in Q2 2021, an increase of 31.4% compared to Q1 2021’s figures of 2,371 and a rise of 4%...

The number of individuals entering a personal insolvency procedure has reduced by approximately four per cent compared with the previous quarter, which itself...

The successful renewal of the UK’s interbank payments infrastructure will benefit people and businesses but risks to its successful delivery need to be...

PayU, an online payment service provider for emerging markets operating on four continents, announced that it will enable push payments in partnership with...

The High Court Enforcement Officers Association is backing the creation of a new enforcement oversight body proposed by the Centre for Social Justice (CSJ). In...

The number of debt judgments registered against Northern Ireland consumers in the first half of 2021 (H1 2021) was 1,678, a fall of nearly 12 percent from the...

County Court Judgments (CCJs) registered against businesses England and Wales fell by 24 percent in the second half of 2021 (H1 2021), compared to the same...

In their new quarterly update of the Health Wealth & Happiness Study, LifeSearch have found that 14% of Brits have taken out new debt (8% short term...

Free debt advice provider, PayPlan, has welcomed calls for bailiff reform as part of new proposals to raise standards across the enforcement industry. PayPlan...

Housing association Coastline Housing has rebuilt its Accounts Payable process, digitising the processing of over 24,000 invoices each year. The distributed,...

Bold plans to strengthen protections for households facing a post-pandemic tidal wave of debt have been brokered by a leading think-tank. In a ground-breaking...

A leading trade association is urging policy-makers to take extra care before prescribing detailed forbearance schemes that could make a customer’s debt...

Insolvency figures recently released for June 2021 by the Government’s Insolvency Service show a 63% increase in corporate insolvencies compared to the same...

Creditspring, the subscription loan provider, reveals that it is signing up over 2,000 new members per month for its Stability Hub service, and has seen an 82%...

After years of behind-the-scenes development and over $1M invested, Phillips & Cohen Associates, Ltd., the global leader in deceased account care...

In Q2 2021, Sidetrade saw a jump in bookings representing an additional €1.2m in annual recurring revenue (ARR) vs €0.94m in Q1 2021. On top of this, it...

The Financial Conduct Authority (FCA) has today announced it has taken action against 5 ‘debt packager firms’ – otherwise known as IVA (Individual...

Over 7 million people in Britain (14%) are worried that they will not be able to afford their council tax bills over the next year, according to new research...

Jonathan joins the Just team as Head of Enforcement Partnerships and Performance and will manage the existing specialist team and oversee the day-to-day...

Ultimo SA, one of the largest debt management companies in Poland and a part of B2 Holdings, will use FICO collections treatment optimization to take the ideal...

Corporate insolvencies increased by 19% to 1,207 in June 2021 compared to May’s figure of 1,014, and rose 62.9% compared to June 2020’s figure of 741....

In April, outstanding balances on credit card accounts had fallen 12% in a year to £53.3 billion, but this is down from 19% a month earlier. There were 33.9...

WASHINGTON — Consumer credit delinquencies fell in the first quarter of 2021 as the economy rebounded strongly, according to results from the American...

Just, the enforcement market integrator, has added Josh Yorke MCICM to their operations division. Josh joins the team as Head of Supplier Management bringing...

EQ Credit Services (EQCS), the UK’s leading consumer credit technology and outsourced services provider and part of EQ (Equiniti Group plc), has recently...

Hoist Finance, the consumer debt purchaser working with banks and financial institutions across Europe, has accelerated its digital transformation using the...

Paysafe (NYSE: PSFE), a leading specialised payments platform, today announces the global launch of its safeguarding solution for the travel industry. The new...

Phillips & Cohen Associates, Ltd. (PCA), the leading specialist recoveries management business servicing creditors in the US, Canada, UK, Ireland,...

The COVID-19 pandemic has left many self-employed individuals struggling to keep on top of all areas of their business, from new health and safety procedures...

The Payment Systems Regulator (PSR), the UK’s specialist regulator for payments, has appointed Natalie Timan to the newly created role of Head of Strategy...

Business and contact centre outsourcing specialist Sigma Connected has announced its is to be the main title sponsor for Johannesburg-based rugby union side...

Following the news that reforms to the Prompt Payment Code covering small businesses come into force today – requiring payment times to be cut from 60...

StepChange Debt Charity is pleased to announce the appointment of Yvonne MacDermid as a Trustee, joining the Board on 1 July. Yvonne has been involved in...

HighRadius, the Artificial Intelligence-powered Order to Cash, and Treasury Management software leader, launched Highako Academy, to help credit &...

After debt charity StepChange said £370m of rent arrears have been built up through the pandemic, PayPoint is backing the National Residential Landlords...

Once again this year, Sopra Banking Software (SBS), a trusted partner for banks and financial institutions, tops IBS’ 2021 Sales League Table holding the...

The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, will once again host its annual UK Credit and Collections...

Apex Litigation Funding has been ranked in the Chambers Guide 2021, despite the firm only completing its first full year in recent months. It has achieved a...

Nationwide insolvency practitioner SFP has successfully completed the sale of West-Sussex-based high precision machining, fabrication, welding, and engineering...

Property litigation specialist Cavendish Legal Group has criticised the Government for causing further uncertainty among commercial property landlords, by...

Employees at Credit Style, one of the UK’s leading players in debt recovery, based in Sheffield, have pledged support to S6 foodbank this month as part of an...

Qualco UK has published its updated file transfer process manual, which is available to request via post or online. Qualco has managed more than nine million...

Oracle and Deutsche Bank, one of the world’s largest financial services organisations, today announced a multi-year collaboration to modernise its database...

New figures released today by the Ministry of Housing, Communities and Local Government reveal that, as of 31 March 2021, there was £4.4 billion of historic...

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, responded to new figures from the Ministry of Housing, Communities and...

Cavendish Legal Group has moved to bolster its property litigation resource, as the true scale of the economic impact of coronavirus on jobs and housing starts...

Higher rate and additional rate taxpayers are more likely to be in the red for at least half the month (14% compared to 9% among basic rate taxpayers)....

What we are building now is a global infrastructure on top of the banking infrastructure that exists today. Bank payments are a better solution than card...

Following yesterday’s announcement that the ban on commercial evictions has been extended by nine months, Scott Donnelly, Director of Board, CapitalBox,...

As part of their ongoing support of their client Portsmouth City Council, enforcement firm Bristow & Sutor has made recent charitable donations to several...

Christina Fitzgerald, Vice-President of insolvency and restructuring trade body R3, responds to the Government’s decision to extend pandemic business support...

Andrew Stoneman of Kroll (a trading name of Duff & Phelps) was appointed Liquidator of G-Rock Limited, whose trading name was Golden Sand Bank on 16 June...

Today the High Court Enforcement Officers Association released new guidance on VAT. The trade association have accepted in part that VAT should be applied...

Half of all B2B credit sales in Asia are overdue, according to the latest Payment Practices Barometer from trade credit insurer Atradius. Many Asian businesses...

Insolvency figures released today* for May 2021 by the Government’s Insolvency Service show a slight increase in corporate insolvencies compared to the...

Today, Intrum launches the sixth UK edition of the European Payment Report 2021*. With nearly half of the surveyed companies saying they are lucky to have...

Ophelos, a startup reimagining the debt collection industry to improve financial health for consumers and businesses, today announces its $2.3 million pre-seed...

Corporate insolvencies increased by 8.8% to 1,011 in May 2021 compared to April’s figure of 929, and increased by 6.9% compared to May 2020’s figure of...

Widely used in the Benelux countries, the Payconiq payment method is now supported on the Limonetik platform. The Payconiq payment QR code has a promising...

Apex Litigation Finance are delighted to announce the appointment of two new Advisors to its team. Both bring with them an impressive track record in employing...

Nearly a quarter (24%) of employees admit they made a bad decision about debt during the pandemic, according to a new study from Aviva that has examined...

Registry Trust Ltd, which maintains the Register of Judgments, Orders and Fines for the UK & Ireland, has appointed Chris Dick as its new Operations...

The Payment Systems Regulator (PSR), the specialist economic regulator of UK payment systems, has published a proposed new five-year strategy. The strategy...

Financial Wellness Group is calling for the public Individual Insolvency Register, and the publishing of personal details in the Gazette, to be abolished –...

Dublin company Webio, a leader in Conversational AI in the credit, collections, and payments industry, has announced that it has closed a Pre-Series A funding...

Award-winning business outsourcing specialist the Sigma Financial Group has announced a rebrand of the entire Group after a period of significant growth. The...

Credit Style, one of the UK’s leading players in debt recovery, has launched a new internship programme in collaboration with Sheffield Hallam University,...

EQ Credit Services, the UK’s leading consumer credit technology and outsourced services provider, is announcing a new seven year contract to provide a...

Qualco UK has added ISO 9001 to its catalogue of British Assessment Bureau (“BAB”) certifications. ISO 9001 is the international standard for a quality...

More than 31,500 people in Scotland sought help from StepChange Debt Charity, and over 11,000 went through a full debt advice process during the year of the...

Boutique accommodation and dining business, The Inn Collection Group, has redefined its Invoice Processing and Accounts Payable process, removing the need for...

26% of organisations will not be fully data-driven for another four to five years, according to findings from the latest FinTech Barometer survey of finance...

Global Investigations and Recoveries Limited was wound up in the public interest in the High Court on 17 May 2021 before DDJ Watkin. The Official Receiver has...

Leading UK law firm Shoosmiths LLP and national collections, recoveries and enforcement business, Chartsbridge, have today launched ‘Equivo’, a new...

The UK Government has confirmed that it does not plan to extend the emergency legislation banning enforcement agents from carrying out evictions in England...

From next Tuesday evictions for rent arrears can resume in England, yet there is no plan to help tenants and landlords resolve the £360 million of...

North West property specialists Landwood Group are calling for businesses to be prepared for the end of government support schemes – as it predicts a...

Paul Ellicott has been appointed Lead Public Sector Manager at Qualco UK. Qualco is a leading provider of panel and asset management software and analytics,...

Company insolvency statistics continue to defy gravity but an increase in IVAs shows that personal finances are beginning to take a hit as the impact of the...

Flexys is pleased to announce the appointment of Dr David Scholefield to the role of Chief Operating Officer. David moves from his current role as Chief...

Fintech firm, Paylink Solutions, has hired Andrew Alder as Director of Developments and Partnerships as they increase their client base across the collections,...

Private equity and special situations institutional investor Sandton Capital Partners (“Sandton”) has announced an enhanced partnership with credit...

Aryza, the market leading personal insolvency, lending and debt solutions software provider, today announced the launch of a new report, providing an overview...

Today, Alvaria, a global leader in customer experience and workforce engagement technology solutions, is delighted to inherit recognition in two categories in...

The High Court Enforcement Officers Association (HCEOA), representing High Court Enforcement Officers (HCEOs) across England and Wales, has welcomed new...

Following the latest housing transactions data from the government which found April recorded the highest transactions in any April since 2007, John Phillips,...

High Court Enforcement Group is pleased to announce that Alan J Smith, Director of Corporate Governance, has been appointed the new Chair of the High Court...

Stonebridge, the mortgage and insurance network, has today announced the appointment of a new Operations Director. Gavin Earnshaw joins the business on the 1st...

Phoebus Software Limited (PSL) has selected Six Degrees as the latest provider within the PSL Partnership Programme. Six Degrees is a Microsoft Azure Expert...

A new company has been set up and is designed to ensure that creditors have an easy and effective way to track debtors for either debt recovery or litigation...

New research has shown that UK SMEs are struggling to process their invoices in a timely manner, which has consequences for the entire supply chain. Almost a...

Research from homebuying platform, YesHomebuyers, has revealed the North of England has seen by far the most property repossessions since the start of the...

Facing increased demand for real-time and personalised digital experiences, organisations are turning to virtual assistants and chatbots to engage with...

Corporate insolvencies fell by 7.2% to 925 in April 2021 compared to March’s figure of 997, and fell by 22.9% compared to April 2020’s figure (1,199)....

The extraordinary value of digital communications has never been more apparent than during the past year. As COVID-19 swept the planet, businesses and...

In light of the news that England enters step three today, pubs and restaurants will be able to open indoors, and groups of six people or two households will...

Caroline Sumner has been appointed CEO of R3, the insolvency and restructuring trade body, and will take on the role from June 1. As CEO, Sumner will oversee...

Telrock is proud to announce and welcome Ray Jackson as the company’s newly appointed Chief Information Security Officer (CISO). Ray has more than 20 years...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 31 March 2021. Commenting on today’s announcement...

The insolvency and restructuring profession rescued 297,000 jobs and returned £1.82bn to creditors in insolvency cases in 2019 – the equivalent of around...

Investors in People has again awarded credit management group Intrum UK gold accreditation, demonstrating the firm’s commitment to high performance through...

Arum is excited to announce that Russell Robinson has joined as a Principal Consultant and Digital Specialist. Russell has been entirely focused on improving...

Credit Style, one of the UK’s leading players in debt recovery, has maintained an unbroken record of growth over the past five years with an overall increase...

Commenting on the DRO changes announced today, Deborah Ware, Chief Operating Officer, Financial Wellness Group, said: “The changes to the Debt Relief Order...

StepChange Debt Charity welcomes today’s confirmation by the Insolvency Service of changes to the asset limits for eligibility for Debt Relief Orders. At the...

A West Midlands outsourcing specialist has announced the appointment of a new bids and tendering lead who will support the firm’s growth plans both in the UK...

PayPlan has appointed experienced strategic leader, Tasneem Bhamji, as Chief Operating Officer to transform its operation and lead its multi-channel debt...

Forums International would like to take this opportunity to welcome Thornbury Collections as a Corporate Partner for our Credit Management Forum (CMF). Laurie...

EQ Credit Services, part of EQ (Equiniti) has released its latest UK research report into the unsecured lending sector. This reveals some startling consumer...

Intelligent Automation (IA) is set to become the latest technology buzzword in the financial sector, with 94% of finance professionals stating they are looking...

Bristow & Sutor, one of the UK’s leading players specialising in debt recovery, has begun implementing twice-weekly lateral flow tests amongst all of the...

Begbies Traynor has promoted Joanne Hammond to partner. Based in the firm’s Sheffield office, she works across the Yorkshire region. Jo has spent her entire...

HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader will be hosting Shared Services Tech 2021, the definitive...

“The introduction of the breathing space scheme comes not a moment too soon. The pandemic has dealt a body blow to many people’s incomes and savings,...

Colin Haig, President of insolvency and restructuring trade body R3 and Head of Restructuring at Azets, responds to the Q1 2021 England & Wales corporate...

Atradius Collections has become the sole collections agency awarded accreditation from the Chartered Institute of Credit Management (CICM). The CICMQ is the...

Commenting on the outlook for the UK insolvency market following the publication of the Insolvency Service’s Q1 2021 statistics today, David Heathcote,...

The High Court Enforcement Officers Association (HCEOA) has welcomed the Government’s new Breathing Space initiative, which comes into effect on 4 May. Under...

Work-from-home specialist Sensée has won an Innovation and Transformation Award for ‘Engaged Homeworking’ at the 2021 Forum Awards. The company also...

The Credit Services Association (CSA), the UK trade body for the collections and debt purchase sector, is set to launch a significantly revised and updated...

Apex Litigation Finance Limited today announces a partnership with Maxima Litigation Finance Limited to provide litigation funding to a scheme generating...

The number of debt judgments registered against Northern Ireland consumers in the first quarter of 2021 (Q1 2021) fell from 1,476 to 972, a fall of just over...

County Court Judgments (CCJs) against businesses in England and Wales fell by 55 percent from 33,518 in Q1 2020 to 15,210 in Q1 2021, according to figures...

Staff at Bristow & Sutor, one of the UK’s leading players specialising in debt recovery, recorded over 3.7 million steps during Debt Awareness Week, in a...

Credit Style, one of the UK’s leading players in debt recovery, has recently certified Senior Managers in compliance with SMCR regulatory requirements. The...

The High Court Enforcement Officers Association (HCEOA) has recommended that its members introduce regular rapid lateral flow testing for their enforcement...

Recovco Mortgage Management, LLC — a leading provider of residential and consumer due diligence, quality control, transaction management, and loan...

HighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, today announced business performance and growth over...

Paysafe today announces its carbon neutral company status for 2021 and 2022. The milestone forms part of the company’s ongoing commitment to offsetting its...

Following the figures from HMRC this morning, Richard Pike, Phoebus Software sales and marketing director, says “Looking at the March figures from HMRC this...

PayU, the fintech and e-payments business of Prosus, today launches a report titled “The Next Frontier: the most promising markets for emerging e-commerce...

According to a survey conducted by Kroll, the world’s premier provider of services and digital products related to governance, risk and transparency,...

EQ Credit Services, part of EQ (Equiniti Group plc), will provide its market-leading technology to the Development Bank of Wales to support Welsh businesses...

WASHINGTON — After two consecutive quarters of declines, consumer credit delinquencies rose in the fourth quarter of 2020 as the toll of the pandemic-induced...

Company insolvency statistics continue to defy gravity but IVA increase shows that personal finances are beginning to take a hit Insolvency figures released...

Corporate insolvencies in England and Wales increased by 44.8% to 992 in March 2021 compared to February’s figure of 685, and were 19.7% lower than March...

Following the sustained growth of Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now...

Businesses must take measures to protect themselves from the impact of unpaid bills as global insolvency rates are forecast to surge, reports leading trade...

The extension of temporary measures to protect businesses and their directors during the coronavirus pandemic has been welcomed by corporate lawyer Sam Pedley....

The Government’s latest Office for National Statistics (ONS) economic results make gloomy reading for businesses as England prepares for the reopening of the...

The Chartered Institute of Credit Management (CICM), the world’s largest professional credit management organisation, has partnered with High Court...

A survey launched by CapitalBox, one of Europe’s largest online-only lending platform, unveils the devastating effects of the pandemic on small and medium...

The Credit Services Association (CSA), the trade association for the debt collection industry, has appointed Jane Peacock to act as an Independent...

Sidetrade (Euronext Growth: ALBFR.PA), – publisher of an AI powered platform, dedicated to the management of the Order-to-Cash (O2C) cycle – has...

Aryza, expert developer of flexible software solutions for the financial services industry, has today launched Aryza Messenger – a complete case...

TDS Resolution [an association between the Dispute Service and the National Residential Landlords Association – NRLA] is extending the remit of its...

Kroll today announced that it has promoted four existing senior directors within the UK restructuring team to the role of Managing Director, further...

HighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, has raised $300 million in a Series C round at a...

The Zinc Group are pleased to announce that Kjartan Hearn has joined the business from Revolut to lead the creation of a new team, ‘Decision Science’....

The Housing, Communities and Local Government Committee has today published a report urging Government to create a coherent exit plan to help private renters...

A new survey from digital payments expert, PayPoint, confirms that today’s consumers are ready and waiting for immediate, transparent and flexible payment...

Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, today announces an update on progress for new contracts in...

AnaCap Financial Partners (“AnaCap”), a leading specialist mid-market private equity investor, today announces the successful closure of five direct real...

A new survey from digital payments expert, PayPoint, sees 75% of respondents calling for the Government’s payment holiday deadline to be extended to match or...

The Government and the Money Advice and Pension Service (MaPS) are being urged to promote early engagement between customers and creditors as the most...

Insolvency and restructuring trade body R3 is urging directors of COVID-hit businesses to make the most of the time granted by the Government’s extension of...

Noble Systems, a global leader in omnichannel contact center technology solutions, is helping healthcare organisations meet changing patient demands for more...

The Payment Systems Regulator (PSR) has published its key aims, activities and expected costs for the year 2021/22. The PSR regulates 40 billion payments worth...

The pandemic has seen us alter many aspects of our lives – the way that we communicate being one of them. It’s fair to say we’ve probably all sat through...

Phillips & Cohen Associates, Ltd., the leading deceased account care and debt settlement portfolio management business servicing creditors in the US,...

Colin Haig, President of insolvency and restructuring trade body R3 and Head of Restructuring at Azets, responds to the passing of new legislation on pre-pack...

Volvo Cars has used the cloud-hosted FICO® Platform to digitize and accelerate the customer onboarding process for its new vehicle subscription service, Care...

At Lantern we live and breathe our strapline of ‘Debt with a Human Touch’. We’re passionate about creating an environment for our colleagues which...

The impact of the coronavirus outbreak on how we conduct business has been far reaching with many unforeseen consequences as a result. Jonathan Frankel,...

Lowell, a European leader in credit management services, today announces its full-year results for the 12 months ended 31 December 2020. Commenting on...

Payment holidays have provided a lifeline for many in the pandemic, but as the planned March end-date fast approaches, consumers and organisations must both...

Barratt Smith Brown, a market-leading provider of outsourced receivables management services, Leicester based Barratt Smith Brown, has already established a...

Noble Systems, a global leader in omnichannel contact center technology solutions, is the recipient of TMC’s “2021 CUSTOMER Product of the Year Award”...

Insolvency figures released yesterday by the Government’s Insolvency Service show an almost 50% drop in insolvencies compared to February 2020. The number of...

With the UK’s utility companies expanding and embedding a customer centric approach to its operations, and with the need to expertly manage stakeholder...

The High Court Enforcement Officers Association (HCEOA) has confirmed its support of the Housing Secretary’s recent announcement extending the ban on bailiff...

Two weeks on from the Budget, UK lenders are likely to still be coming to terms with the potential new levels of bad debt risk they might face as a consequence...

The appointment of Liz Barclay to the office of the Small Business Commissioner has been welcomed today by the Money Advice Trust, the charity which runs...

Corporate insolvencies fell by 9% to 686 in February 2021 compared to January’s figure of 754, and were 49% lower than February 2020’s figure of 1,348....

The explosion in “remote” court hearings since the onset of the Covid-19 pandemic has led to some “innocent mishaps” and...

Manchester’s Royal Exchange Theatre has selected PCI Pal to securely manage telephone-based payments and refunds via its cloud-based Agent Assist solution...

The Ministry of Housing, Communities and Local Government (MHCLG) has today confirmed that it is suspending bailiff-led rental evictions until 31 May. The...

Lenders can now incorporate their own legacy scorecard systems in auto decisioning technology thanks to an upgrade of LendingMetrics’ ADP. The latest version...

A West Midlands outsourcing business has announced it is creating 15 job placements for young people whose career prospects have been scarred by the Covid-19...

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today...

Xerox Holdings Corporation signed Lexmark as the first original equipment manufacturer client for Xerox Financial Services (XFS), a new global payments...

Leading specialised payments platform, Paysafe, announces today a new multi-year, global deal which will see Microsoft support Paysafe’s strategic move to...

Absa Bank, one of Africa’s largest financial groups, has transformed its collections operations working with global analytics software firm FICO. After three...

The Institute for Export & International Trade, the professional membership body representing and supporting the interests of importers and exporters, has...

Cedar Rose has announced the launch of ‘Cedar Rose Comply’ offering automated compliance checks on companies and individuals across three key dimensions...

Today’s Budget announcement extends much-needed support for people who have been financially affected by the pandemic. In particular, the extension of the...

Commenting on the latest Bank of England Money and Credit announcement, Will North, director of core credit for TransUnion in the UK, said: “In its latest...

One of the UK’s leading specialists in debt recovery, Bristow & Sutor, has continued to donate boxes of PPE to regional communities throughout the...

As part of its ongoing support to Coventry City Council, Bristow & Sutor, one of the UK’s leading players specialising in debt recovery, recently...

Stefan Jordan from Nottingham is a Business Development Manager at Credit Style, one of the UK’s leading players in debt recovery. He has recently surpassed...

The Credit Services Association, the trade association for the debt collection industry, has confirmed the appointment of two new non-executive directors to...

The number of households experiencing problem debt could rise to 1.5 million by the middle of the year, the highest level since the period following the global...

The Money Advice Trust, the charity that runs National Debtline, has responded to the latest figures out today from the Insolvency Service that show a worrying...

Today, the Insolvency Service has published its annual performance data for 2020 about Individual Voluntary Arrangements (IVAs). StepChange has long been...

Noble Systems, a global leader in omnichannel contact center technology solutions, is delighted that Simply Business, one of the UK’s largest business...

Changes to the Prompt Payment Code were recently announced by the government in an attempt to further protect small firms from poor payment practices. A...

KURVE, the UK’s first web-based smart metering solution for heat networks, has joined forces with digital payment expert, PayPoint, to offer customers the...

Duff & Phelps, the world’s premier provider of services and digital products related to governance, risk and transparency, today announced plans to...

Colin Haig, President of insolvency and restructuring trade body R3 and Head of Restructuring at Azets, responds to the publication of amended draft...

STA International is pleased to announce the appointment of Jonathan De Gilbert as Business Development Manager. Jonathan spent the past 15 years with...

The Financial Conduct Authority has today announced its finalised guidance for firms on the fair treatment of customers in vulnerable circumstances. The Money...

Insolvency figures released on Friday by the Government’s Insolvency Service show a 50% drop in insolvencies compared to January 2020. In January 2021 there...

Tweeq, a Saudi fintech which aims to provide a feature-rich spending account for individuals and SMEs, has signed exclusive partnership agreements with...

Corporate insolvencies decreased by 39.1% to 752 in January 2020 compared to December’s figure of 1,235, and were 50.4% lower than January 2020’s figure of...

Corporate insolvencies decreased by 39.1% to 752 in January 2020 compared to December’s figure of 1,235, and were 50.4% lower than January 2020’s figure of...

New research reveals that an impressive 75 percent of tenants describe relationships with their landlords as “good” or “very good”, while 89 percent of...

FISCAL Technologies, the Procure-to-Pay risk management solution provider, has today announced the launch of its upgraded Shared Service Centre offering, which...

Noble Systems, a global leader in omnichannel contact center technology solutions, is delighted to announce a new customer in Scotland – SPT (Strathclyde...

As more people become accustomed to the security and convenience of the digital channel, digital transactions including mobile wallet payments are continuing...

Luckbox, a pioneering esports betting platform, today announced the roll out of Skrill and NETELLER, part of leading integrated payments platform Paysafe, to...

Yooz is the most powerful AP Automation solution, offering real-time self-learning processing technologies – Artificial Intelligence and Deep Learning...

2020 saw most physical events cancelled and accelerated the UK’s advance to becoming a cashless society. ATM cash withdrawals were around 40% lower in...

To help businesses meet customer needs and provide greater support for the financially vulnerable, PayPoint is stepping up the benefits for its digital...

Noble Systems, a global leader in omnichannel contact center technology solutions, recently conducted a contact centre market survey to explore changes in...

To celebrate Chinese New Year, global end-to-end payments provider Paysend has announced that the company is waiving international money transfers fees for...

New research from criteria search specialist Knowledge Bank shows 2021 looks set to be another year of change in the mortgage market. Knowledge Bank recorded a...

FAST-growing legal firm Simpson & Marwick has added a Glasgow-based operator to its stable, as part of its ambitious expansion across Scotland and across...

A successful training and employment programme is set to give over 200 people in and around Birmingham the opportunity to retrain and secure full-time work....

New Insolvency Service guidance published today on monitoring Insolvency Practitioners, making Insolvency Practitioners responsible for the advertising by the...

The Payment Systems Regulator (PSR) has published a consultation setting out ways to reduce risks to the successful renewal of the UK’s interbank payment...

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has urged the government to prioritise reforms to the way it collects...

Credit management firm Intrum UK has achieved gold rating in an independent customer experience assessment for the seventh consecutive year. Investor in...

Two senior politicians are set to headline and inspire an upcoming conference on Learning & Development (L&D) organised by the Credit Services...

Noble Systems, a global leader in omnichannel contact center technology solutions, has been named a 2021 Remote Work Pioneer by TMCnet. The award recognises...

Commenting on the Woolard Review, Deborah Ware, chief operating officer at Financial Wellness Group said: “change is needed to ensure that the debt advice...

Creative Communications agency, Top Banana, has re-imagined its Invoice Processing and Accounts Payable process, removing the need for over 300 invoices per...

Duff & Phelps today announced that it has appointed Kris Carpen as Senior Director within its Global Restructuring Advisory practice, based in London....

Leading professional services firm Begbies Traynor has appointed Andrew Little as partner, working across the North East. With 30 years’ experience as an...

Law firm Robertsons has recently made three Director appointments at its Park Place offices in central Cardiff. Children’s Law expert Rhian Whiting, Site...

With the UK in the midst of yet another national lockdown, and many months of uncertainty still ahead, fears over financial stability remain high. In a survey...

The pandemic has driven a chaotic scattering of consumer behaviours that is unique in modern history, with fear and uncertainty driving many financial...

Fintech company Visma | Onguard, the leading specialists in the order-to-cash process, has continued to expand its capabilities in technology, innovation and...

StepChange Debt Charity is extremely pleased to see the breadth and scope of issues that the Woolard review report, published today, is encouraging the FCA to...

Financial Wellness Group has launched Benesse, which will focus on delivering its services via partner organisations, including creditors, housing...

It’s about time the government actually required big businesses to speed up payments to small suppliers rather than just relying on voluntary measures. The...

Colin Haig, President of insolvency and restructuring trade body R3 and Head of Restructuring at Azets, comments on the 2020 corporate and personal insolvency...

Ignition Advice today announced that Russell Scrimshaw has accepted the roles of Deputy Chairman of the Board of Directors and Non-Executive Director....

Noble Systems, a global leader in omnichannel contact centre technology solutions, is excited to announce that its innovative Noble® Gamified Learning...

The LSB has today published its report of the review into the Contingent Reimbursement Model Code (CRM Code) for APP scams, following an industry wide...

Yooz, the cloud-based Purchase-to-Pay (P2P) automation software company, has today unveiled Yooz Rising, its new and improved AP automation solution. With...

When I think about the next couple of years for the UK banking industry, this nightmare scenario comes to mind. A milkman is going door-to-door collecting...

PayU, global online payments provider, has partnered with Twisto, a leading Czech FinTech offering deferred payments on the Polish market, to bring additional...

The Aryza Group has today launched Aryza Annual Review, a new digital solution designed to help IVA providers better manage customer repayment plans. By using...

Increasing numbers of local authorities are utilising the instant cash solution from PayPoint to financially help families quickly, as the current lockdown...

UK-based FinTech Paysend today announced its arrival at the 3 million customer milestone, doubling in size since the start of the pandemic in March 2020....

Scottish chartered accountancy practice Wylie & Bisset has significantly expanded its business recovery and insolvency department with the appointment of...

Contact centres can now securely take phone payments faster while giving customers an even better experience, thanks to innovative changes to Eckoh’s...

The number of debt judgments registered against Northern Ireland consumers in the fourth quarter of 2020 was just 699, a huge fall of nearly 60 percent...

As of today, the Dispute Service is proud to be working in partnership with Complylex, the online compliance-based platform for estate and letting agents....

County Court Judgments (CCJs) against businesses in England and Wales fell 36 percent in Q4 2020, compared to the same quarter in 2019, according to figures...

Despite all the challenges associated with 2020, Telrock weathered these difficult conditions very well and I am pleased to share the following major...

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order to cash and treasury management processes, today...

In response to news that President Joe Biden is signed an executive order to extend the current Center for Disease Control’s eviction moratorium (instituted...

Global FinTech firm Paysend today announced that people & culture influencer Alexander Nicolaus has joined the company as Chief People Officer, and will...

DNA Payments Group (DNA), a fast-growing vertically integrated payments company, has acquired Active Merchant Services (also known as Active Payments), a...

Despite continued uncertainty, 57% of SMEs across seven European markets feel positive about the future and think that economies will recover to pre-Covid...

The Aryza Group has today announced the acquisition of HubSolv, a move that will significantly strengthen Aryza’s already dominant position within the...

The surge to move online in 2020, in turn, has driven demand for high-performance, cost-effective customer identity access management solutions. And as we kick...

Sales of European non-core and non-performing loans (NPLs) hit a four-year low last year with EUR 67.7bn sold, according to the new European NPLs FY20 Report....

Cash refusal is accelerating in the UK, according to a report published yesterday by Which? 34% of people asked said they had been unable to pay with cash at...

The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, is hosting its second Learning & Development...

With changes to the UK’s Prompt Payment Code (PPC) meaning less time for big businesses to pay smaller firms, Nick Jackson, President at CIMA and Finance...

The Money Advice Trust, the charity that runs Business Debtline, has welcomed the Government’s announcement of action to strengthen the Prompt Payment Code....

Based on this morning’s news “Prompt Payment Code strengthened to help small firms”, Scott Donnelly, CEO, CapitalBox said: “This is a great...

Phoebus Software Limited (PSL) and Financial Services Horizons (FSH) have entered into an exclusive strategic partnership agreement. This is the latest...

· Corporate insolvencies increased by 37.8% to 1,228 in December 2020 compared to November’s figure of 891, and were 9.2% higher than December 2019’s...

CCR and HighRadius have announced a major new partnership that will aim to bring knowledge and discussion to the industry. The two have agreed to partner to...

Responding to today’s proposals from the Financial Conduct Authority on amendments to its tailored treatment requirements for people experiencing financial...

Visma | Onguard, the fintech company dedicated to the order-to-cash process, today announces the acquisition of Dutch scale-up, Outstanding24, taking over all...

Research by lettings and estate agent, Barrows and Forrester, has revealed that the vast majority of tenants welcome the extension to evictions announced at...

A respected outsourcing business has announced the appointment of a new director who will lead the firm’s expansion into the financial services sector in the...

The Money Advice Trust, the charity that runs National Debtline, has welcomed the Government’s proposed changes to the financial eligibility criteria for...

Responding to today’s news that the Insolvency Service is proposing to change the DRO rules by calling for the Insolvency Service application fee to be...

Following the start of a 3rd national lockdown and the government’s commitment to continue to support COVID-19 related hardship funds, digital payments...

NETELLER, the digital payments service from Paysafe, a leading integrated payments platform, has launched a raft of new features to enhance the user experience...

The Aryza Group have today announced the acquisition of Anchor Computer Systems, a move that will strengthen Aryza’s already dominant position within the...

The former Chairman of the CCUA who has over three decades of experience in both Legal and Enforcement sectors, Amir Ali, has become the inaugural President of...

StepChange Debt Charity welcomes the extension of the rental evictions ban, which is the only appropriate response in the midst of the current public health...

An ongoing digital transformation project at enforcement firm Bristow & Sutor has seen the recent implementation of new technology that will ensure better...

Ascent Performance Group, the financial services outsourcing business and part of the Irwin Mitchell Group, has enhanced its market-leading position by...

A consistent policy for the repayment or recovery of Business Bounce Back Loans (BBLs) and the use of professional debt collection agencies to ensure best...