AML specialist SmartSearch breaks into US market

Leading UK anti-money-laundering (AML) firm SmartSearch is today launching operations in the USA. Expansion into the US market follows a period of sustained...

Just expands its board of directors with another senior appointment with extensive experience of debt market integration

Just, the enforcement market integrator, has appointed Victoria Oliver as its Director of Client Development to assist in the delivery of its strategy to...

Industry’s first-ever virtual enforcement solution launched. Could this be the future of enforcement?

Just has spent its time during lockdown engaging with a broad range of stakeholders across the industry to design, build and launch the industry’s first-ever...

Scott and Mears Credit Services appoint Zakia Khalid as In-House Legal Counsel

The long established and highly regarded debt collection company, Scott and Mears Credit Services Limited who is based in Southend-On-Sea is delighted to...

Two thirds of business owners over 55 plan to ‘never stop’ working

Legal retirement age is just a number for most business owners and entrepreneurs, particularly those closest to it, according to new research from Hitachi...

Only 50% of employees received appraisals since lockdown started

A survey of 1,000 employees commissioned by StaffCircle, in conjunction with OnePoll, revealed that only half of employees appraisals took place since lockdown...

Jobs figures should set alarm bells ringing

Scotland’s unemployment rate is now the highest among all the UK nations, according to new figures from the Office for National Statistics. Unemployment...

Increased debt advice funding will be welcome news for many hard-pressed households

“The announcement of an extra £14.2m of debt advice funding via the FCA levy, together with an additional £20.6m of central government funding and £3m...

Extra £38m for debt support in England in the wake of coronavirus

An additional £37.8 million to fund the provision of debt advice and other support for people suffering money difficulties in the wake of the coronavirus...

Thailand Country Report published by Atradius

Trade credit insurer Atradius has published a new country report on Thailand. The new report forecasts a sharp economic slowdown for Thailand in 2020 with GDP...

Hanley Economic BS adds to senior leadership team and strengthens its board

Hanley Economic Building Society has made two additions to its senior leadership team and moved to strengthen its board. The society has appointed Jenny Jones...

OECD GDP falls by 1.8% in the first quarter of 2020

Following the introduction of COVID-19 containment measures across the world, real gross domestic product (GDP) in the OECD area fell by 1.8% in the first...

‘GDP@Risk’ from coronavirus ranges from $3.3 trillion to $82 trillion over the next five years

The GDP@Risk over the next five years from the coronavirus pandemic could range from an optimistic loss of $3.3 trillion (0.65 per cent of five-year GDP) under...

Covid-19 cash flow – 6 key dates for businesses over the next 12 months

As lockdown measures begin to ease – some businesses have started up again already, and others will follow suit over the next few weeks – Mark Neath,...

One in three closed Scottish businesses fear they’re shut for good

A third of Scottish business owners who shut down operations during the coronavirus outbreak fear their firm may never re-open, according to a major new survey...

How to spot tell-tale signs of money laundering within your business

Money laundering is a big issue in the business world and accounts for two to five per cent of global GDP, with nearly £1.6 trillion illegally laundered...

Extinction Event: March Retail Sales Figures Confirm Worst Predictions for High Street

Shoppers may never return to the High Street after lockdown, warns the home delivery expert ParcelHero, as March ONS retail sales results show e-commerce sales...

Finding calm in the chaos – how to futureproof your sales model

As we adjust to our new normal, business owners are immerging with a new sense of determination. Entrepreneurial spirit is flourishing, and resilient...

Queries around remote onboarding for new hires reach an all-time high

Remote onboarding, video interviews, and contract hires were the top three queries received by global recruiter Robert Walters in Q1. Whilst video interviews...

Borrowing could hit £300 billion this year as costs of coronavirus continue to rise

Since the start of the coronavirus crisis, it has been clear that it will have a huge economic and fiscal impact. It was right that the Government put public...

StepChange welcomes FCA forbearance guidance on motor finance and payday loans

StepChange Debt charity welcomes the Financial Conduct Authority’s draft new guidance on how coronavirus-related forbearance for affected customers should be...

The Nottingham keeps branches open and triples charitable donations

As the impact of Coronavirus is felt across the UK, Nottingham Building Society has provided information on how it’s supporting members and doing the right...

Significant fall in mortgage product numbers as COVID-19 hits lenders

Mortgage insurer, AmTrust’s, latest Mortgage Loan to Value (LTV) Tracker has today revealed a significant drop in the number of products available to...

What we really need is a centralised fiscal response and a single EU debt instrument issue

One of the reasons the market is “cheering” any hint of a potential end to the lockdown is the hope of limiting the damage to the real economy caused by...

EU to retaliate: last thing we need now is the EU-US trade war

Yesterday, the European Commission announced the European Union will impose tariffs on US exports of lighters, furniture coatings and playing cards. “The EU...

OECD updates G20 summit on outlook for global economy

Increasingly stringent containment measures needed to slow the spread of the Coronavirus (Covid-19) will necessarily lead to significant short-term declines in...

Small businesses facing mental health crisis as Coronavirus piles on the woes

UK small business’ previous positivity about their future performance is being overshadowed by stress, anxiety and sleepless nights over access to finance...

Coronavirus lockdown: 10 steps SMEs can take to still be in be in business this time next year

The small business champion ParcelHero says the new Government lockdown doesn’t have to spell the end for SME businesses. It has issued a ten-step guide to...

Just suspends enforcement due to coronavirus epidemic

Since my last letter to stakeholders the government have announced further measures to combat the spread of the virus, namely the decision to close schools, to...

Five tips for businesses to maximise efficiency during crisis

Whenever there’s a crisis, as humans, we tend to lose control just a little bit. But when it comes to business, leaders must work to minimise the disruption...

Self-isolation: How to handle your mental health when dealing with COVID-19

As the COVID-19 pandemic continues to spread at a rapid pace, people of the UK are strongly advised to self-isolate between seven and fourteen days when...

What Lessons Can Business Learn From The Six Nations Rugby Tournament?

People in businesses can be roughly divided into two types – those who are very process driven and those who rely on their judgement. If you have a team made...

Half of employers not geared up for remote ‘smart’ working, amid coronavirus fears

48% of businesses in the UK are not in any way set-up to be able to accommodate workers who may need to self-isolate – should they display any symptoms of a...

SmartSearch rises in FT list of fast-growing European firms

Yorkshire-based anti-money-laundering (AML) firm SmartSearch has moved up more than 300 places in the Financial Times’ annual list of the fastest-growing...

Ex-TDX director appointed by Just

Nick Georgiades who joined the Just parent company Arum in 2019 has been appointed as the Managing Director of its subsidiary, six months after its launch in...

Spread of Coronavirus reveals vulnerabilities and excessive risk in the global economy

Right now, we are seeing some very worrying trends in global financial markets, and I am truly concerned about where we are heading. The spread of coronavirus...

UK Research: Unsecured Borrowers Favour Banks and Brands Amid Brexit Limbo

Against a backdrop of political and economic uncertainty, UK borrowers turned to established and familiar lenders in 2019, according to a new research report*...

Access to Banking Standard summary report published by the Lending Standards Board

The Access to Banking Standard aims to help minimise the impact of bank branch closures on customers and local communities. It is designed to ensure that...

VAT Support Group is launched with MoJ guidance inbound

VAT Support Group is launched to help High Court enforcement businesses and creditors deal with the forthcoming Ministry of Justice (MoJ) guidance on charging...

Second charge mortgage new business volumes up by 19% in 2019

Commenting on the full year 2019 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance...

Salary growth in charity finance sector halves since 2018

Growth in average salaries for finance professionals within the UK charity sector dipped from 6 per cent in 2018 to 3.24 per cent in 2019. At the same time,...

Hope Capital completes complex £4m deal on country house

Hope Capital has started the year with a bang with a complex £4million deal. Hope Capital completed the £4 million loan on a magnificent multi-million pound...

Five top tips for business owners who want to save money and improve their green credentials

For business owners, managing your energy consumption is no longer just about keeping tabs on your outgoings – it’s a prerequisite for doing business....

The failing high street: top four lessons for small businesses

Profit warnings have become commonplace in the national media, with once-booming businesses such as Mothercare, Beales and Patisserie Valerie revealing that...

Top Tech Trends in Contact Centres

The contact centre industry is rapidly changing thanks to technological innovations, changes in employee working habits and expanding customer expectations...

Finance market needs to take immediate action as UK Government enshrines 5th Money Laundering Directive into UK law

The government has introduced the Fifth EU Money Laundering Directive (5MLD) into UK law as of last Friday 20th December. It was introduced as part of ‘The...

5MLD: SmartSearch’s guide to Top 5 changes for business

With new European regulations set to be implemented in the New Year, anti-money-laundering specialists SmartSearch have produced a guide to the top five...

Brits ready to see the light on retina recognition

More than six in ten Brits (62%)* would be happy to try retina recognition identification, according to new research from Equifax, the business and consumer...

Five top tips on surviving the office Christmas party

Christmas is a time we tend to indulge. It’s not uncommon for many of us to eat a little too much, slack off the gym and have a few more tipples than usual....

The future of FS – 2020 predictions from Software AG

Laura Crozier, Senior Director, Industry Solutions, Financial Services at Software AG, has put together some of her thoughts, exploring the role of integration...

The FLA’s Priorities for 2020 – an agenda for the incoming Government

The Finance & Leasing Association (FLA) has identified three improvements that the incoming Government must adopt to transform customer protection in the...

Is My Export Business Ready For Brexit?

Brexit is going to pose challenges for anyone who deals with members of the EU. Read more to find out if your export business is ready. A lot of our clients...

Leeds-based financial recruiter launches specialist credit control division

Leeds-headquartered financial search and selection consultancy Woodrow Mercer Finance has launched a new division specialising in the recruitment of credit...

Premium products defy UK export slide

British-made luxury goods, sports and leisure equipment and homeware exports grew consistently during the first three quarters of 2019, outstripping the...

Twelve days of Christmas returns, what will Knowledge Bank give to you?

The UK’s largest criteria search system Knowledge Bank will next week, and for the second year running, launch its hugely popular ‘12 Days of Christmas’...

Top Tips for Enforcing your CCJ

Customer on-boarding – think ahead! Make sure you have enough information when opening your customer accounts. i.e. details of any property they own, where...

October sees shake-up in brokers’ criteria searches

New figures from criteria search specialist Knowledge Bank show a shake-up in the most common criteria searches performed by brokers in October. Changes were...

UK adults reach ‘boiling point’ 156 times a year on average

A new study by CABA, the charity supporting the wellbeing of chartered accountants and their families, has found that in the UK, adults reach ‘boiling...

Landlords to desert the industry if ‘Right to Buy’ becomes law

So, we may have a general election to navigate in the coming months – and one group who will be watching the opinion polls closer than most will be...

Mothercare to call in administrators

As yet another famous retail giant looks set to disappear from our High Street, Dr Gordon Fletcher, retail expert at the University of Salford Business School,...

Fleet Mortgages launch revamped website

Fleet Mortgages, the buy-to-let specialist lender, has today launched a revamped and redesigned website including a range of new features and content...

Late payment crisis threatens small business growth

Nearly two thirds of small businesses (62%) experience late payment issues and it is the larger ventures that are being hit the hardest – according to new...

Has the construction industry been affected by Brexit’s “creeping paralysis”?

The value of all construction contract awards in September 2019 was £4.7 billion based on a three-month rolling average, which is a decrease of 2.5% on...

Women shunning weddings in favour of home ownership

British women appear to have fallen out of love with getting married – with just four per cent choosing to spend money on a wedding rather than a house...

StepChange welcomes Google’s crackdown on exploitative debt service ads

Following a campaign by StepChange Debt Charity which drew attention to the misleading advertisers impersonating reputable debt charities, Google has today...

Businesses urged to capitalise on exceptional lending rates for asset finance

Lenders battling for the custom of Brexit-wary SMEs are offering some amazingly competitive deals, a leading financial broker has said. Karina Gallagher says...

Consumer car finance market falls by 2% in August

New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new car finance...

Third of British businesses concerned about Brexit supply chain impact, R3 research finds

One third (33%) of UK businesses are concerned about the potential impact Brexit will have on their suppliers and customers, according to new research from R3,...

Comment – This time is different

Feels familiar, doesn’t it? Seven months down the line and approaching another Brexit deadline with little to show for the delay. But while politics might...

Domestic agenda should be built around giving people more control of their lives, argues CPS

‘Take Back Control’ was the slogan that swung Britain behind Leave. But after Brexit, argues Robert Colvile, politicians should make giving back control...

More than half of companies still use paper and spreadsheets to manage supply chain risk

A recent survey by independent survey firm Verdantix of environmental health and safety (EHS), procurement, operations and risk management executives in six...

Two thirds of financial institutions prepared for a no deal-Brexit

Senior leaders within financial institutions have become less optimistic about the prospects for their own sector as the outlook for the domestic economy...

Cifas research reveals false housing benefit claims are the third most prevalent fraud in UK

Recent research carried out by Cifas, the UK’s leading fraud prevention service, has revealed that falsely claiming Single Person Discount is the third most...

SmartSearch named in Sunday Times TechTrack100 annual list of Britain’s fastest-growing tech companies

Leeds Anti-Money Laundering (AML) firm SmartSearch is officially one of the fastest-growing tech companies in Britain after being named in the Sunday Times...

Ultimate Finance announces strategic refocus to invest further in asset-based lending

Specialist asset-based lender, Ultimate Finance, today announces a strategic refocus of its product portfolio as it withdraws from the unsecured loan market to...

Comment – Is the ECB easing too early?

Euro interest rate markets are pricing in a rate cut by the ECB at its next policy meeting on 12 September. The current Euribor forward curve suggests that the...

Small businesses set up plans for overseas expansion

Across nine UK regions, more than one in five small business owners (22%) are looking to expand into new markets overseas in order to achieve business growth....

A Leading Light In A Changing Industry

It’s been a busy few years in the alternative lending sector. FCA supervision of the sector in 2014 has been followed by a renewed focus on a few businesses...

From career woman to working mum

Mum’s Enterprise Ltd, a company dedicated to facilitating positive change and gender equality across the nation,have today launched their report; ‘FROM...

‘Taking the robot out of the human’

Robotic process automation (RPA) is a hot topic nearly everywhere at the moment, and is also starting to develop within the collections environment. RPA...

7 Top Tips to Improve Invoice Finance Due Diligence

Underwriting a new Invoice finance deal is said to be the point of greatest risk for the lender. Saying “no” is easy but will not grow your business, and...

Adare SEC celebrates becoming first communications member of the CSA

A leading provider of technology-led, paper-based and electronic communication solutions is the first communications company to become a member of the Credit...

Trio of senior hires at Ardent as growth continues

Liverpool based DCA Ardent Credit Services has made three senior appointments as its long-term growth plan continues to yield results. Ruth Pointon has been...

Christiane Neumueller named Country Manager Germany

Christiane Neumüller has been named as Country Manager Germany of SIA as of 1st January 2018, reporting directly to SIA’s International Division Director...