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Former Worldpay UK CEO and Uber’s head of HR EMEA join Aire as headcount set to double in 2018
Tuesday, 20 February 2018
Aire, which provides a more accurate way for lenders to understand and score new applicants, today announces the addition of world-leading talent to its company leadership, whilst embarking on an ambitious plan to double its workforce to over 40 employees this year.
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Huntswood adds to financial crime and payments panel
Tuesday, 13 February 2018
Specialist resourcing and consultancy firm, Huntswood, has added four new members to its panel of highly experienced financial crime and fraud specialists to support its delivery of market-leading solutions to clients.
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Second charge mortgage new business volumes grow in 2017
Friday, 09 February 2018
Commenting on the 2017 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance & Leasing Association (FLA), said:  “Second charge mortgage new business volumes have now returned to levels last seen in 2015, before regulation transferred to the FCA’s mortgage regime. The sector has shown resilience during a period of significant regulatory change, as it works to ensure that all the new regulatory requirements are in place.
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Can the MPC continue to keep interest rates as they are with inflation at 3%?
Friday, 09 February 2018
Following the Bank of England inflation report and MPC interest rate decision, Richard Pike, Phoebus Software sales and marketing director, says “Although inflation edged back in December it is still 50% above the target set by the government.  The MPC forecasts that inflation will remain at this level, at least in the short term, which puts more pressure on the bank to act.  With this in mind, I expect to see a further base rate rise sooner than we would have expected at the end of 2017.  A rise would clearly have an effect on mortgage rates for new and existing borrowers and so it will be interesting to keep an eye on movement in swap rates.  Clearly, any upward movement will put further strain on indebted households and this could have a far wider effect on the UK economy in general.”  
 
MarketInvoice partners with Euler Hermes
Friday, 09 February 2018
Business finance company MarketInvoice has established a partnership with Euler Hermes, the global leader in trade-credit insurance, which will provide credit insurance policies to customers of MarketInvoice in safeguarding their businesses.
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Millions of pounds in SBRR fraud uncovered in English Local Authorities
Thursday, 08 February 2018
It is estimated that there could be over £25 million worth of fraud being perpetuated by businesses falsely claiming Small Business Rates Relief across England, according to data analytics experts Destin Solutions.
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Toyota Financial Services launches credit assessment evaluation with Aire
Thursday, 08 February 2018
Aire, which provides an alternative way for lenders to understand and score credit applicants, today announces that it is launching an evaluation with TFS for its Artificial Intelligence (AI) platform. The collaboration is designed to prove the effectiveness of Aire’s technology to assess the financial situation of TFS customers within ‘customer delinquency’. For Aire, this is the first time that its solution will be used to support the lifecycle management of customers’ accounts.
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Digital skills and access to finance highlighted as top two Industry 4.0 challenges
Thursday, 08 February 2018
Siemens Financial Services (SFS) has released a new research paper which investigates the key challenges facing manufacturers across the globe, as they move to implement Industry 4.0.
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Moore Blatch advises on Ingersoll-Rand's acquisition of ICS Group Holdings
Thursday, 08 February 2018
Moore Blatch’s corporate and property teams have advised the shareholders of ICS Group Holdings Limited (ICS Cool Energy) on the successful sale of the group to Ingersoll-Rand plc, a world leader in creating comfortable, sustainable and efficient environments. ICS Cool Energy will be part of Ingersoll Rand’s Commercial Heating, Ventilation and Air Conditioning (HVAC) business. 
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Equifax launches Commercial Credit Data Sharing solution to support SME lending
Monday, 05 February 2018
Equifax, the consumer and business insights expert, has launched a new solution to support the government Commercial Credit Data Sharing (CCDS) initiative seeking to stimulate competition and encourage new entrants in SME lending, thereby addressing the shortfall in access to finance.  
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TDX Group continues commitment to charities in Nottingham and beyond
Friday, 02 February 2018
TDX Group, the UK’s leading provider of data and debt recovery solutions for businesses, raised over £58,000 in 2017 for a number of local and national charities. Activities over the year included a charity ball, carol singing, bike rides and raffles. The funds from these events were donated to organisations such as Nottingham’s Children's Bereavement Centre, which supports local children impacted by the death, terminal illness or divorce of someone close to them and Inspire Nottingham, a community society delivering cultural and learning services across the city. 
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