There were 6,342 seasonally adjusted corporate insolvencies in Q2 2023 – a 8.9% rise compared to Q1 2023’s total of 5,824. Corporate insolvency levels...

“Quarterly company insolvencies reached over 6,300 for the first time since 2009 in Q2 as many businesses struggled to contend with a sustained mix of...

The number of individuals entering a personal insolvency procedure has dropped to its lowest quarterly level since Q3 2020. This is heavily fuelled by a...

The number of registered company insolvencies jumped 13% in Q2 2023 compared to Q2 2022, and reached the highest level since Q2 2009, according to figures...

Digital communications provider Zivver has today released its Public Sector Freedom to Focus report, which explores the importance of data protection and...

Corporate insolvency numbers (liquidations and receiverships) in Scotland for Q1 2023-2024 increased by 19.7% compared with Q1 2022-2023, to a total of 292....

“The number of corporate insolvencies in Scotland eased on last quarter, but is still around 20% up compared to the same period during 2022. That is...

Recognise Bank is thrilled to announce the launch of two new business savings accounts, offering highly competitive interest rates to help SMEs grow and manage...

Intrum, Europe’s largest credit management service provider, partnered with Aryza Group, a leading provider of financial software solutions, to leverage...

A new report has revealed that more than a quarter (26%) of small business owners in the UK believe that they will be forced to cease trading if the outlook...

The Financial Conduct Authority’s (FCA) final rules and guidance for a new Consumer Duty will set higher and clearer standards of consumer protection across...

Corporate insolvencies decreased by 15.3% in June 2023 to a total of 2,163 compared to May’s total of 2,553, and increased by 27.4% compared to June...

A new report by leading supply chain finance platform Demica reveals the state of trade finance technology in 2023. The 2023 Benchmark Report for Banks in...

The number of registered company insolvencies in June 2023 was 2,163 – a 27% increase from the same month last year (1,698 in June 2022) according to new...

A third (32%) of lenders have seen an increase in borrower defaults over the last 12 months, according to new research from AI powered transaction analytics...

The latest research by specialist property lending experts, Octane Capital, has shown that landlords are feeling the pinch, as cases of arrears in the...

Paris — Numeral, the leading bank orchestration platform, published new research conducted in partnership with research company OpinionWay, showing that...

Global analytics software firm, FICO, unveils 19 major enhancements to its industry-leading FICO® Platform, the most powerful and proven foundation for...

Sidetrade (Euronext Growth: ALBFR.PA), the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the...

Ebury, the global financial technology firm and FX risk management specialist, is delighted to announce the expansion of its local collection accounts to...

Arrow Global, a leading European vertically integrated asset manager, has completed the acquisition of major assets from the Dom Pedro Group. The assets, now...

Tata Communications, a global digital ecosystem enabler, today announces it has entered into a definitive agreement through Tata Communications Limited to...

Managing directors and Insolvency Practitioners Ian Wright and Scott Milne from the Glasgow office of cross-border advisory firm Quantuma, were appointed as...

Amsterdam, The Netherlands – Today PayU, the leading online payment service provider operating in over 50 emerging markets, announces the integration of...

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has responded to the Bank of England’s Monetary Policy Committee’s...

A Birmingham-based business outsourcing provider has hosted Mayor of the West Midlands Andy Street as it marks its next phase of growth. Sigma Connected, which...

Litigation funding specialists Apex Litigation Finance have announced the appointment of two new Legal team members: Chris Thenabadu joining as Senior Case...

This partnership will facilitate instant and cost-effective payments to international workers in 80 countries. Paysend, the global card-to-card payments...

Corporate insolvencies increased by 51.2% in May 2023 to a total of 2,552 compared to April’s total of 1,688, and increased by 39.8% compared to May...

The number of registered company insolvencies in May 2023 was 2,552 – a 40% jump from the same month last year (1,825 in May 2022) according to new figures....

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

PCI Pal® (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, is leveraging its technology to allow organisations to...

Partnering with Hands In expands BR-DGE’s offering to merchants in travel, leisure, and hospitality whilst offering the ability for consumers to split costs...

The Civil Court Users Association (CCUA) is once again calling on the Ministry of Justice (MoJ) and HM Tribunals and Courts Service (HMCTS) to consider far...

We borrowed £58.8 billion in mortgages in the first three months of 2023 – down 23.6% in a year and the lowest since Q2 2020. £48.9 billion of new...

Following the latest figures from the BoE, Adam Oldfield, chief revenue officer at Phoebus Software, says “The figures from the Bank of England today confirm...

Paysend, the global card-to-card transfer pioneer and global payments platform, has appointed ex Ernst & Young auditor and American Express executive, Yuri...

Demica, one of the world’s largest providers of supply chain finance SaaS solutions, has partnered with Lenovo’s channel solution and service team to...

Commenting on the confirmation that the Scottish Government’s controversial Deposit Return Scheme (DRS) will not proceed in its current form, Federation of...

Dublin, Ireland – Webio recognised experts in Credit and Collections conversations have developed their AI and Machine Learning capabilities to have a...

The rebrand of PPS and Edenred Corporate Payments to Edenred Payment Solutions was unveiled at Money2020 today, marking the next step of the business’s...

The number of UK breweries becoming insolvent has tripled in the past year, jumping to 45 in the year to March 31 2023, up from 15 in the previous year* says...

The Enforcement Conduct Board (ECB) CEO Chris Nichols has today welcomed David Parkin on full time secondment for up to 12 months. Until recently, David was...

The EY FS Corporate Finance team has recently advised Lantern on the successful completion of a £97.5m amendment refinance and extension of its existing...

Barratt Smith and Brown are delighted to announce our appointment by the FRP Advisory as the debt recovery partner for the Together Energy’s administration....

From 2 October, the FCA will ban some debt advice firms from receiving referral fees for things like IVAs. Providers entering the market from today will be...

Credit management services company Intrum has completed the acquisition of the Capquest and Mars UK servicing platforms from European fund manager Arrow...

Target Group, the operational transformation, business processing and software provider, has today appointed Peter O’Connor as CEO. O’Connor, joined the...

Hands In, the innovative group payment service provider that recently secured a successful funding round to accelerate the commercialization of its platform,...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 31 March 2023. Commenting on today’s announcement...

Mia-FinTech, the fintech startup that enables banking and financial institutions to evolve towards open finance, and Mambu, a leading cloud banking platform,...

Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, has launched a number of significant upgrades and...

Ebury, a leading global fintech specialising in international payments, FX solutions and business lending,announces plans to strengthen its proposition in...

UK businesses are spending over 71 days per year – more than a quarter of the working year – chasing late payments, according to the annual European...

PayProp, the automated rental payment, reconciliation and distribution platform for residential property businesses, has been named Tech Company of the Year...

The UK FinTech Awards, brought to you by FinTech Intel, the global market intelligence platform for financial services technology, has crowned the best UK...

Small businesses need to conquer their fears of cloud technology if they are to thrive in the next decade, experts have warned. Experts from...

The Mass Payments arm of Ebury, the global financial technology firm, is delighted to announce its partnership with ABN Australia, to provide payroll payments...

New polling and report from StepChange Debt Charity reveals a private rental market unable to meet the needs of financially vulnerable tenants, with one in six...

Milan – Europa Investimenti S.p.A., a leader in the Italian single name NPE and distressed markets and advisor to the Arrow Credit Opportunities (‘ACO’)...

“Having been in a low interest environment for such a long time the recent increases in interest rates have put many borrowers into a position they have...

80% of Brits getting debt help say their mental health has affected their finances, according to a survey carried out by Money Wellness, the wellbeing platform...

Corporate insolvencies decreased by 31.8% in April 2023 to a total of 1,685 compared to March’s total of 2,471, and decreased by 15.2% compared to April...

The number of registered company insolvencies in April 2023 was 1,685 according to official figures released today.  This figure is 15% lower than the same...

London-based Residence Club, The Other House, has partnered with cloud-based purchase-to-pay (P2P) automation provider, Yooz, to simplify its accounts payable...

Investigations launched by the Insolvency Service into directors of insolvent companies for alleged misconduct have risen 36% from an average 142 per month in...

A new study commissioned by global analytics software platform provider FICO reveals work still needs to be done for advanced personalization in UK banks. The...

UK businesses are spending over 71 days per year – more than a quarter of the working year* – chasing late payments, according to the annual European...

North-West based Perch Group, one of the UK’s fastest-growing debt purchase, collections, litigation and reconnection firms, has announced the appointment of...

Paysend, the global card-to-card transfers pioneer and global payments platform, has announced a new strategic partnership with the world’s leading...

Cross-border advisory firm Quantuma has appointed Chartered Accountant and Restructuring Advisory professional Alistair Dickson as a managing director in its...

A recent research by paytech company payabl. has looked into whether or not payment orchestration could become a key capability for merchants across varying...

A unique partnership between a growing business outsourcing provider and an environmental charity has seen 3,000 new trees planted in forests across the world....

Demand for debt advice is up 15% year-on-year according to StepChange Debt Charity’s client data for March, released today. This continues a consistent trend...

Finverity, the leading trade and supply chain finance digital ecosystem, announces the appointment of Symmie Swil as Head of Operations. The appointment comes...

PayPoint, working in partnership with OVO, launched its new OpenPay service in March 2023 to make the Governments £200 Domestic Alternative Fuel Payments...

The number of people being declared bankrupt has risen by 7% in Q1 2023 compared to Q1 of the previous year, and risen 4% on Q4 2022 according to figures...

There were 5,747 seasonally adjusted corporate insolvencies in Q1 2023 – a 3.7% fall compared to Q4 2022’s total of 5969. Corporate insolvency levels for...

“The significant year-on-year rise in corporate insolvencies has again been driven by Creditors’ Voluntary Liquidations (CVLs), with business owners...

The number of registered company insolvencies soared by 18% in Q1 2023 compared to Q1 2022 according to figures released today. However, the number of...

Nicky Fisher, Partner at Herron Fisher, has been appointed President of R3, the insolvency and restructuring trade body. As President, Fisher will work with...

Arrow Global Limited (“Arrow Global”), a leading vertically integrated alternative asset manager specialising in credit and real estate, has announced its...

There were 1,132 corporate insolvencies in the year 2022-2023. This was an increase of 32.6% from 2021-2022’s figure of 854, an increase of 157.3% on...

Lowell, a European leader in credit management services, today announces its full-year results for the 12 months ended 31 December 2022. Commenting on...

CIVEA is the principal trade association that represents the civil enforcement industry in England and Wales and was instrumental in designing the blueprint...

Research by property purchasing specialist, House Buyer Bureau, has revealed that the number of homes being repossessed across the property market in England...

Phillips & Cohen Associates (UK) Ltd, the Manchester-based deceased account management business, has completed the acquisition of Ardent Credit Services...

This week, Ofgem have announced new rules reintroducing the use of forcibly switching customers to prepayment energy meters, but under strict conditions...

Berlin, Germany – Funanga, the Berlin-based instant cash payment service for online merchants, today announced its expansion into Canada – with plans for...

Kyocera has signed an EMEA contract with Sidetrade, a global AI-powered Order-to-Cash platform, to maximise revenue and enhance productivity. Kyocera...

StepChange Debt Charity Scotland’s 2022 Scotland in the Red report, published today, reveals the toll a year of increased living costs has had on Scots’...

The cost of ineffective communication in the workplace within the UK’s 5.5 million small and medium-sized businesses is skyrocketing, experts have warned....

Kyocera Document Solutions Europe (KDE), a leading global provider of total document solutions, has selected Sidetrade to control and analyze their cash flow...

The Money Advice Trust has today welcomed Ofgem’s new code of practice for energy suppliers on the installation of prepayment meters, and has urged the...

Corporate insolvencies increased by 37.7% in March 2023 to a total of 2,457 compared to February’s total of 1,784, and increased by 15.9% compared to...

The number of registered company insolvencies in March 2023 was 2,457 according to figures released today. This figure is 16% higher than the same month in the...

TSB Bank plc has agreed an extended partnership with debt resolution system supplier Flexys Solutions. Following a successful project to provide a digital...

Arrow Global Group (“Arrow Global”), a leading vertically integrated alternative asset manager specialising in credit and real estate, has announced the...

Kyocera Document Solutions Europe (KDE), a leading global provider of total document solutions, has selected Sidetrade to control and analyse their cash flow...

Today, the Joint Regulatory Oversight Committee (JROC), co-chaired by the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), has...

The Payments Association, which celebrates innovation and collaboration across the payments industry, has released a new whitepaper examining the current...

The HCEOA has welcomed the first ever draft business plan put forward by the Enforcement Conduct Board (ECB) for 2023/24. In its response to the ECB’s...

One of the UK’s newest and fastest growing debt collection providers has been awarded partner status by leading data analytics and panel manager, Qualco UK....

Noetica – A British company, developing software products for the global contact centre market, today announced that the award-winning financial services...

Richard (Rich) Corbridge joins DWP Digital on 11 April and will take over from Simon McKinnon as DWP’s Chief Digital and Information Officer (CDIO). Rich’s...

Nuapay (EML Payments Limited’s (ASX: EML) Open Banking business) has been recognised for its exceptional Authenticated Mandates solution at the Merchant...

One of the UK’s largest trade credit insurers, Atradius, has reported a 79% increase in claims for late and failed payments in the food sector amid national...

Finova Payment and Mortgage Services has partnered with specialist lender Hampshire Trust Bank (HTB). HTB provides professional investors with specialist...

Virgin Money has signed a six-year contract extension with leading debt resolution software supplier Flexys Solutions. Following a project to provide an...

The latest research by property purchasing specialist, House Buyer Bureau, has revealed that homebuyers looking to purchase in today’s market are paying as...

Digital Payments experts, PayPoint and ClearBank, the enabler of accounts, real-time clearing and embedded banking for financial institutions are celebrating a...

StepChange Debt Charity’s 2022 Statistics Yearbook, published today, reveals how the cost of living crisis is driving more clients with higher average debts...

Paymentology, the leading global issuer-processor, has joined forces with Wio Bank PJSC, the region’s first platform bank, to power its innovative banking...

The Credit Services Association (CSA), the only UK Trade Body for the Debt Collection and Purchase Industry, has today launched a new online training module on...

AnaCap Financial Partners (“AnaCap”), a market-leading partner for founders and entrepreneurial management teams, across software, technology and services...

Arrow Global Group (“Arrow Global”), a leading vertically integrated European asset manager specialising in credit and real estate, announced today it has...

Responding to research based on surveys by Citizens Advice, Russell Hamblin-Boone, chief executive of the Civil Enforcement Association, said: “CIVEA is...

PRA Group is pleased to announce that Tim Kirk, country operations director for the company’s UK business, has been appointed to the Credit Services...

The last three years have seen considerable change in how the UK financial services sector operates. The expectations of consumers have shifted, prompted by...

NEW YORK, NY (March 23, 2023) – Sopra Banking Software (SBS), the global fintech company creating a new breed of banks to power financial services in every...

Archie, a next generation payments and data platform, today launches with a promise to support the UK’s businesses, including underserved small and...

The number of company insolvencies in February 2023 was 17% higher (1,783) than in the same month in the previous year (1,518) and 33% higher than the number...

Insolvency figures released yesterday* for February 2023 by the Government’s Insolvency Service shows that the number of registered company insolvencies in...

Bank of England has just published its Mortgage Lenders and Administrators Statistics: 2022 Q4, Simon Webb, managing director of capital markets and finance at...

Following the release of the Bank of England’s latest Mortgage Lenders and Adminstrators Statistics for Q4 2022, Andrew Gething, managing director of...

Corporate insolvencies increased by 6% in February 2023 to a total of 1,783 compared to January’s total of 1,682, and increased by 17.5% compared to...

“Today’s statistics show little sign of an economy in recovery. Company insolvencies are continuing to edge upwards as companies buckle under the...

The number of registered company insolvencies in February 2023 was 1,783 according to figures released today. This figure is 17% higher than in the same month...

In the last three months of 2022, mortgages agreed for the coming months were down by a third (33.5%) from the previous three months, and down a quarter...

As UK households grapple with the rising cost of living, the latest update to Lowell’s Financial Vulnerability Index (FVI), an innovative tool to measure and...

Darlington Borough Council has selected PCI Pal® (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, to manage its...

Government efforts to reform Companies House won’t achieve their aims without closing risky loopholes, insolvency and restructuring trade body R3 has warned....

Free debt advice provider PayPlan has teamed up with British Sign Language (BSL) Video Interpreting Service, SignVideo, to improve accessibility to customers...

Laserfiche — the leading SaaS provider of intelligent content management and business process automation — today announced a new MuleSoft Certified...

A trio of fintechs with years of industry-leading experience are joining forces to form a powerhouse set to take on consumer and commercial lending markets....

A report from PWC that suggests insolvencies have only increased 11.8% is a gross distortion of the true challenge facing UK small businesses. The actual...

Mia-FinTech, the technology provider for banks and financial institutions based on the Mia-Platform technology, announced that it has launched Payment...

A report from PWC that suggests insolvencies have only increased 11.8% is a gross distortion of the true challenge facing UK small businesses. The actual...

Azzurro Associates is celebrating being recognised by the Financial Times as one of Europe’s fastest growing companies. The business, which delivers...

Webio, a leader in Conversational AI and digital engagement in the credit, collections, and payments industry, has launched its Self-Service Studio, the first...

Phillips & Cohen Associates (UK) Ltd, the Manchester-based deceased account management business, is acquiring 100% of Ardent Credit Services, the...

We are very excited to officially announce the launch of our new website www.themisglobal. co.uk. Our goal was to provide you with an improved and interactive...

Paysend, the UK-based fintech with over 7 million customers, today announces a partnership with global payroll on-demand & vendor management platform...

The Payment Systems Regulator (PSR) has published two papers as part of its card scheme and processing fees market review. One is a call for evidence on...

Long Beach, California – Laserfiche — the leading SaaS provider of intelligent content management and business process automation — today announced a...

The Mass Payments arm of Ebury, the global financial technology firm, is delighted to launch a Representative Office in the heart of the research and...

Financial crime compliance technology specialist Napier has announced a new partnership with Lyra Group, the €79 million turnover European and unified...

Target Group, the operational transformation, business processing and software provider has announced that the DVLA has extended its contract for Target to...

Following the news that almost 15,000 retail jobs have been axed since the start of 2023, James Burgess, Commercial Director at Atradius UK says: “The loss...

New data from Mazars, the international audit, tax, and advisory firm, shows that HMRC tried to shut down 440 companies last quarter over unpaid tax debts –...

Struggling households borrowed £11bn to cope with the cost of living crisis in 2022 and are cutting back on essentials to keep up with the repayments,...

A new poll of the UK population, conducted by YouGov for StepChange Debt Charity, has revealed that 43% of the UK population, including 48% of Scottish adults...

“Today’s statistics reveal a stark reality that insolvencies are continuing to climb in the face of record levels inflation, increasing interest rates and...

Home working is here to stay – at least for wealthier professionals. A new Office for National Statistics (ONS) report reveals that, during the second half...

Corporate insolvencies decreased by 15% in January 2023 to a total of 1,671 compared to December 2022’s total of 1,965, increased by 6.6% compared to...

Target Group, the operational transformation, business processing and software provider has today announced that the DVLA has extended its contract for Target...

As part of the company’s ongoing commitment to the wellbeing and welfare of its employees, business process outsourcer Sigma Connected has announced that it...

Insolvencies of pub and bar companies have increased by 83% in the past year*, from 280 in 2020/21, to 512, says UHY Hacker Young, the national accountancy...

Paysend, the UK-based fintech with over 7 million customers, today announces a commercial partnership with Purpl, the Lebanese remittance and cash out...

Today, the PSR has published its latest consultation on guidance to support payment service providers (PSPs – like banks and building societies) with...

Target Group, the operational transformation, business processing and software provider has today announced that Katherine Bowen has been promoted to Chief...

Following the news that retail sales fell by almost 7% in January,  Owen Bassett, expert retail underwriter at Atradius, said: “There are bumpy times ahead...

Excellion Capital, the boutique investment and advisory firm focussed on real estate and asset-backed investments, has appointed David Horwich as VP Real...

The latest Government insolvency statistics for 2022 show a significant increase in the number of companies in distress. The total number of company...

Parsippany, NJ — Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has achieved ISO/IEC 27001 accredited...

We can confirm the appointment of Aidene Walsh as our new chair for a three-year term, effective immediately. Aidene has been interim chair of the PSR since...

The Money Advice Trust has today announced major enhancements to its National Debtline and Business Debtline services, as the charity’s new contracts with...

The number of registered company insolvencies between 1 October and 31 December 2022 (Q4 2022) was 5,995 (seasonally adjusted) according to figures released...

“The 30% year-on-year increase in company insolvencies in Q4 2022 illustrates the challenging trading conditions currently facing many UK businesses. We are...

“This morning’s ONS figures confirming 5,995 business insolvencies were registered in Q4 of last year are sobering news, and unfortunately we’re likely...

There were 22,109 underlying corporate insolvencies in 2022. This was an increase of 57.3% from 2021’s figure of 14,059, an increase of 75% on 2020’s...

New StepChange Debt Charity client data for December 2022 reveals a higher proportion of clients in arrears on priority bills including gas, mortgage payments...

Time to Talk Day is quickly approaching and there are plenty of ways to get involved and raise awareness of support for mental health-related problems...

Late payments remain one of the biggest challenges for businesses. Smaller and independent organisations help underpin the UK economy and rely heavily on a...

Scotland’s small business confidence fell again in the final quarter of 2022, latest figures from the Federation of Small Businesses (FSB) show. The small...

James Sleight and Oliver Collinge of PKF GM were appointed as Administrators of Bluespot Furniture Ltd on 20 January 2023. Bluespot Furniture was a...

StepChange Debt Charity Scotland client data for the fourth quarter of 2022 shows the cost of living increase was the leading cause of debt for almost a...

Overall, corporate insolvency numbers (liquidations and receiverships) in Scotland for Q3 2022-2023 increased by 13.3% compared with Q3 2021-2022. The number...

“The number of Scottish companies entering insolvency has increased again, according to the AiB’s latest figures, and that upward trend is set to continue....

Yooz, a leading purchase-to-pay (P2P) automation provider, is accelerating into 2023 with a growing list of key clients, growing loyal customer base, internal...

One of the UK’s most experienced Financial Services marketers, Rupert Bedell has joined Paysend as the Chief Marketing Officer, completing Paysend’s Exco...

Paysend, the UK-based fintech company, with over 8 million customers, announces a technology partnership with JMMB Money Transfer, a subsidiary of JMMB Group,...

The Credit Services Association (CSA) has launched a new standalone website to specifically promote its training and apprenticeship services. The CSA LEARNING...

Despite the continued drive of businesses towards new technology, the finance department has become stuck on its digital transformation journey, a new survey...

Headwinds likely to cause issues even for better-performing businesses in 2023. Directors advised to act now as economic climate drives increase in...

Intrum UK has once again secured Investor in Customers (IIC) Gold accreditation, reinforcing its commitment to deliver the highest standards of customer...

Corporate insolvencies fell 3.25% in December 2022 to a total of 1,964 compared to November’s total of 2,029. They were 31.9% higher than in December 2021...

The number of registered company insolvencies in December 2022 was 1,964 – a 32% increase on the previous year (1,489 in December 2021) and 76% higher than...

A third of people have poor or very poor debt resilience. Higher earners are more likely to score poorly for debt resilience than lower earners. 38% of those...

A Midlands business outsourcing firm has donated £2,000 to a Birmingham charity which provides educational, financial and skills support to children and young...

TOD, the fastest growing streaming platform for the Middle East and North Africa (MENA) has struck a strategic partnership with TPAY, the payments leader for...

Two thirds (63%) of households resorted to credit cards, loans and overdrafts to cover Christmas costs in 2022. A total post-Christmas balance of £9.8 billion...

More than one in five people are borrowing more than they did this time last year (22%). 8% have had a direct debit, bill or standing order they’ve been...

This week, HMRC published the outcome of the consultation they conducted into repayment agents after growing concerns around consumer protection issues,...

Halton Borough Council in North West England has become the first local authority in the UK to adopt a new fintech platform that will allow them to further...

Spiralling bills and costs have seen the average adult’s debt (not counting mortgages) in the UK rise from £25,879 to £34,566 (£8,687) in 2022, with four...

Over 70% of UK organisations which offer contact centre services are failing to implement new ways of communicating with their customers, a new survey shows....

Over 600 jobs have been saved after EY-Parthenon agreed the sale of Complete Business Solutions to EVO Business Supplies. Tim Vance, John Sumpton and Sam...

Halton Borough Council in North West England has become the first local authority in the UK to adopt a new fintech platform that will allow them to further...

Businesses now have only two years to prepare for one of the biggest technological changes facing the UK as the Government and telecoms industry turns off the...

The latest market analysis from property purchasing specialist, House Buyer Bureau, reveals that since the Bank of England started raising interest rates at...

A quarter of us (23%) are either occasionally, hardly ever or never able to keep warm in the living room at home. This rises to 32% of those aged 16-29. 63% of...

Climbing interest rates are pushing more and more high earners into debt troubles, according to the latest Market Pulse from credit reference agency Equifax,...

Responding to the government’s Review of enforcement agent (bailiff) reforms: call for evidence published in November 2018, Russell Hamblin-Boone, chief...

The total number of company insolvencies in England and Wales in November 2022 was 2,029 – a 21% year-on-year increase (1,676 in November 2021) and 35%...

Corporate insolvencies increased by 4.2% in November 2022 to a total of 2,029 compared to October’s total of 1,948, and increased by 21.1% compared to...

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at...

The Enforcement Conduct Board (ECB), the new independent oversight body for the enforcement industry (bailiffs) in England and Wales, is today announcing that...

Responding to the Government’s announcement today of its support for a new independent bailiff regulator, the Enforcement Conduct Board, Adam Butler, Public...

Business process outsourcing provider Sigma Connected has donated £5,000 worth of supermarket vouchers to 50 financially vulnerable people to help them cope...

Arrow Global Group (“Arrow Global”), a leading vertically-integrated European fund manager in credit and real estate, is delighted to announce the...

Aryza, expert developers of software solutions for the insolvency, credit and debt recovery sectors, has today announced the launch of its next generation...

Gareth Harris and Lee Lockwood of RSM UK Restructuring Advisory LLP were appointed joint administrators of Shuropody Retail Limited (the “Company” or...

Monavate, the cloud-based payment solutions provider, is making it quicker, simpler and more convenient to launch secure payment solutions. The Cambridge-based...

As we enter December, preparations are well underway for the festivities, but how are people in the UK coping financially with the cost-of-living strain?...

Sensée is delighted to announce that its LiveDesk™ application to create Digital Workplaces for hybrid working front and back-office environments is now...

Delegates at the National Enterprise Network Annual Conference have called on the government to introduce stricter laws around prompt payment for businesses to...

PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, today celebrated 10 years of operating in the UK. UK Government Minister for Scotland...

AutoCoinCars, the marketplace that allows dealerships to advertise their vehicles for sale to cryptocurrency users, has today announced a partnership with...

UK business outsourcing specialist Sigma Connected has announced it is creating hundreds of new jobs as part of its ongoing growth plans. Sigma, which offers...

Paymentology, the world’s first truly global issuer-processor, is today proud to announce its support of customer Tweeq, a leading Saudi Fintech, on being...

StepChange is delighted to announce the appointment of Charlotte Chambers to head up the charity’s vital ongoing technology investment and transformation...

Ecospend, the UK’s leading Open Banking payment provider, today announces its partnership with Telsolutions, the specialist in multi-channel communication...

Paylink Solutions and Ecospend are celebrating a win after a successful time at the Credit & Collections Technology awards. Fintech Paylink Solutions and...

The Enforcement Conduct Board (ECB) is the new independent oversight body for the enforcement industry (bailiffs) set up to ensure that all those who are...

The Enforcement Conduct Board (ECB) is the new independent oversight body for the enforcement industry (bailiffs) set up to ensure that all those who are...

A survey of more than 2,200 people across the United Kingdom and United States has found that Digital Wallet payments, such as Apple Pay, Google Pay or PayPal,...

Leading audit, tax and consulting firm RSM UK announces a 13% (£49m) increase in UK annual revenues to £425.4m for its financial year ending 31 March 2022....

This month Document Manager, the UK’s only specialist magazine dedicated to document and content management technologies, released the winners of the 2022...

Solicitors have been told to guard against getting involved in litigation aimed at silencing legitimate critics, known as strategic lawsuits against public...

A new survey of court users has found the vast majority are calling for greater freedom of choice over how their judgments are enforced – with 97% supporting...

Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading non-bank relationship lenders, is pleased to announce its...

Intrum’s annual European Consumer Payment Report (ECPR), which surveys 24,000 European consumers on payment behaviour and the economic outlook, shows that...

After two years of detailed work, the Civil Enforcement Association (CIVEA) has welcomed the launch of a ground-breaking oversight body for the civil...

Credit management services company Intrum has agreed a £36.5m deal to buy the Capquest and Mars UK servicing platforms from European fund manager Arrow...

Accounts departments in the healthcare sector are spending twice as much time as their counterparts in the service sector chasing debts – proof that the...

Authorize payment transactions by simply placing your finger on your credit card, securely and quickly. Sella is launching a trial of a biometric recognition...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 30 September 2022. Commenting on today’s...

“News that FTX’s liquidators have pointed to signs of serious fraud at the exchange is a major and potentially concerning development in the FTX...

San Diego – Trovata, a global leader in enterprise cash management, has made its platform available to businesses of all sizes with a new free version. With...

Digital payments experts PayPoint and ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, have been...

After two years of detailed work, the Civil Enforcement Association (CIVEA) has welcomed the launch of a ground-breaking oversight body for the civil...

Surging inflation has created a wave of financial anxiety as households struggle to meet their commitments. Intrum’s annual European Consumer Payment Report...

Mark Smith, Ashley Barratt and Richard Brown, owners of global debt recovery and credit management service providers, Barratt Smith Brown excited to announce a...

Dublin, Ireland – QUALCO, an international fintech solutions provider, has partnered with customer engagement specialists, Webio to add conversational AI...

According to the latest monthly company insolvency data from Gov UK, the number of registered company insolvencies in October 2022 was 1,948 representing a 38%...

HL has appointed Maike Currie as its new head of Marketing Campaigns & Content. In her role, Maike will provide strategic direction to guide HL with...

Corporate insolvencies increased by 15.7% in October 2022 to a total of 1,948 compared to September’s total of 1,684, and increased by 38.2% compared to...

More than two out of every five (41%) established small and medium businesses (those with between 10 and 100 employees) across the UK expect to shut their...

PCI Pal® (LON: PCIP), the global SaaS provider of secure payment solutions, has certified as an approved supplier on the Government’s G-Cloud 13 procurement...

Houston and Delhi – PwC India and HighRadius, the Autonomous Finance Software Platform for Order to Cash, Treasury Management, and Record to Report, have...

Lowell’s latest Financial Vulnerability Index shows borrowing has risen dramatically since the beginning of the year. Lowell’s own research shows that over...

Following the UK Finance arrears and possessions figures this morning, Richard Pike, Phoebus Software chief sales and marketing officer, says “Although the...

More than nine out of 10 people say they are worried about the cost of living crisis, according to a large-scale nationwide survey undertaken by Mazuma Mobile....

In the 6 months since 5 April this year, 21,600 people with self-assessment tax bills have set up a time-to-pay arrangement to spread the cost. That’s up...

New analysis published today by the Money Advice Trust (the charity which runs the National Debtline service) and data company, Experian, has revealed new...

17% of people have no savings at all according to the Money and Pensions Service, while 26% have less than £100 set aside for emergencies. This reflects HL...

Arrow Global Group (“Arrow Global”), a leading vertically integrated European fund manager in credit and real estate, is pleased to announce the...

The latest Government insolvency statistics for Q3 2002 show a significant increase in the volume of companies in distress. There were 16,105 corporate...

The latest market analysis by mortgage experts, Revolution Brokers, reveals that homebuyers are now paying the most expensive monthly mortgage repayments since...

PCI Pal® (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, has implemented PCI Pal Agent Assist into Air...

A debt recovery Fintech is offering businesses free access to its collections platform till the end of the year to help them recover unpaid debts as recession...

“The year-on-year increase in insolvencies in Q3 2022 is unsurprising given the challenging trading conditions and market volatility facing many businesses....

There were 5,595 seasonally adjusted corporate insolvencies in Q3 2022, a fall of 0.9% compared to Q2 2022’s figures of 5,645 and a 40.3% increase...

Paylink Solutions has announced Ammer Malik as its new Head of Business Development. Ammer, who has more than 21 years of experience working in the credit and...

Today, the Payment Systems Regulator (PSR) outlines the next stages of its two market reviews into card fees – one on scheme and processing fees, and one on...

After two years of decline, global business insolvencies should rise in 2022 and 2023 and catch up with their pre-pandemic levels by the end of next year. High...

Following the European Commission’s outlining its proposal for regulation on instant payments amongst banks operating in the EU, Joe Morley, Vice President...

Overall, corporate insolvency numbers (liquidations and receiverships) in Scotland for Q2 2022-2023 increased by 28% compared with Q2 2021-2022. The number of...

A debt recovery Fintech is offering businesses free access to its collections platform till the end of the year to help them recover unpaid debts as recession...

Over a quarter (28%) of UK middle market businesses now consider digital transformation to be their single most important area of investment, according to RSM...

The number of Scottish companies entering insolvency increased during the third quarter of 2022 new analysis from the Accountant in Bankruptcy (AiB) shows,...

In today’s world, the volume of data and network bandwidth requirements are growing relentlessly.  So much is happening in real-time as businesses adapt and...

Parsippany, NJ — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it has been named a finalist in...

Global AI-powered Order-to-Cash platform, Sidetrade, has launched its first North America partnership with national IT consulting services firm, Sirius...

Lowell Group (“Lowell”), one of Europe’s leading credit management services providers, has today completed the acquisition of Hoist Finance UK (“Hoist...

RSM UK has recruited a record high of 723 new students across the UK in 2022, comfortably surpassing its previous record intake in 2021 by 20% as the firm...

Spend Matters®, a research-based digital social media and blog site dedicated to examining a range of procurement and supply chain issues, released its annual...

Aryza, who are leading suppliers of software solutions into the insolvency, credit and debt recovery sectors has today announced the launch of a new Embedded...

‘Debt-tech’ collective Trustfolio and its Creditor Debt Solutions Platform client Birmingham City Council have been jointly awarded a ‘Highly...

Paylink Solutions has entered into an exciting new partnership with benefits digital solution provider, Inbest, to deliver precise information to customers...

New data from StepChange Scotland shows inflated prices for energy, food and other essentials are driving new clients to its service. Data from July to...

Business process outsourcing provider Sigma Connected has made a senior appointment as it continues its expansion into the global financial services sector....

According to the latest research by specialist property lending experts, Octane Capital, the average household is now paying 22% of its monthly income on the...

Likely to be the start, not the peak, of insolvencies. Headwinds likely to cause issues even for better-performing businesses in the next 12 months. Corporate...

New data from Mazars, the international audit, tax and advisory firm, shows that in the last four months, energy providers forced 20 businesses to close over...

Corporate insolvencies decreased by 13.5% in September 2022 to a total of 1,679 compared to August’s total of 1,940, and increased by 15.6% compared to...

Today, the Payment Systems Regulator (PSR) has confirmed its plans that will see around 400 more financial firms provide the name checking service,...

StepChange Debt Charity, which has for years been campaigning against misleading advertising by charity impersonator firms and potential IVA mis-sellers, is...

The total number of company insolvencies in England and Wales in Q2 of 2022 reached its highest level since Q3 of 2009 according to data from the Office of...

The economic turbulence of recent weeks suggests that now is the time for SMEs and sole traders to review their debt collection activities. With interest rates...

Aryza, expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has today announced a partnership with Validis, a...

Welcoming over 200 public sector debt professionals, GovDebt brings together government finance, debt and risk professionals to review the UK public sector...

Today the PSR has published its final decision confirming the changes it is making to improve card services and choice for businesses. Every time somebody buys...

Global AI-powered Order-to-Cash platform, Sidetrade,today announced an acceleration to its North America offensive strategy with plans to invest $24 million...

Business outsourcing provider Sigma Connected has announced the appointment of a new chief strategy officer as the company continues its global expansion. The...

Global financial services company, PRA Group, Inc., today celebrated the grand opening of its new offices in Kilmarnock’s HALO Enterprise and Innovation...

Today, the Money and Pensions Service is announcing the outcome of its debt advice commissioning process for England, through which it is providing more...

Ebury, a global fintech, is delighted to announce that it has become a member of Amazon’s Payment Service Provider Program (the Program) meaning that sellers...

EY has announced the appointment of two new UK & Ireland (UK&I) leaders in its Strategy practice, EY-Parthenon. In a newly created position, Alan...

Houston and Delhi – PwC India and HighRadius, the Autonomous Finance Software Platform for Order to Cash, Treasury Management, and Record to Report, have...

PCI Pal® (LON: PCIP), the global provider of secure payment solutions, has today announced that its solution, PCI Pal Digital Payments, has been selected by...

As the cost of living crisis increasingly bites many businesses are struggling to collect payments from their customers. Subscription numbers are declining and...

The Chartered Institute of Credit Management (CICM) and the High Court Enforcement Officers Association (HECOA) have formed an official partnership for the...

Conversant Technology is delighted to announce the forthcoming launch of its new complete communications solution – Conversant 360 – whose goal is to put a...

Nerve, the banking app designed for creators, has unveiled a brand-new invoicing feature making it easier than ever for users to run their businesses. The app...

The reduction of the limit for sequestration proceedings at the end of this week could lead to a wave of smaller businesses in Scotland being made bankrupt,...

Indigo Cloud Limited have appointed Ian Simpson as Director of Business & Client Development where he will be defining new market strategies, driving...

Early Payments Fintech, Saltare, has joined the Good Business Charter (GBC) and Prompt Payment Code (PPC) as signatories as part of its commitment to best...

While millions of UK households prepare to face a difficult winter with soaring energy bills, it will be the UK’s four million people on the more expensive...

Digital payments expert, PayPoint, has strengthened its partnership with a leader in the provision of journey orchestration and cross-channel communications,...

R3, the insolvency and restructuring trade body, has published a policy paper containing a number of recommendations to improve the UK’s fight against fraud....

One in three mortgage customers in the UK say that rising interest rates mean they cannot afford their repayments, new research commissioned by Butterfield...

With a cost-of-living crisis and soaring energy costs across Europe and other countries, it’s important to re-evaluate debt collections and customer risk...

Target Group, the operational transformation, business processing and software provider has today announced leadership changes across its Executive Team. These...

Emergency Budget opportunity to provide lifeline to struggling firms Insolvencies 42% higher than pre-pandemic levels Headwinds likely to cause issues even for...

Corporate insolvencies increased by 5.5% in August 2022 to a total of 1,933 compared to July’s total of 1,832, and increased by 43.4% compared to August...

Azzurro Law, a specialist commercial debt collection and legal recoveries firm, has appointed Brendan Clarkson FCICM as its new Client Services Director to...

Customers are demanding as many as seven different ways to interact with payment and collections teams, including newer channels not commonly known for...

As the UK economy transitions from the pandemic to the cost-of-living crisis, is there anything that can be learnt from how the 2008 financial crisis impacted...

Signatories to the CRM Code, governed by the LSB, have made strides forward in their effort to stamp out transactions resulting in Authorised Push Payment...

As UK households are hit by unprecedented levels of inflation, the latest update to Lowell and the Urban Institute’s Financial Vulnerability Index (FVI), the...

Target Group, the operational transformation, business processing and software provider appoints John Barker as CEO. Roger Newman will step back as Chief...

Phillips & Cohen Associates, Ltd. (PCA), the global leader in deceased account management and debt settlement servicing, with clients in the United States,...

Lowell Group (“Lowell”), one of Europe’s leading credit management services providers, has appointed Clodagh Gunnigle as Non-Executive Director (NED) to...

“As the rapid uptake of digital payments has sky-rocketed over the last year, so has fraud. Tack on inflation and you now have businesses that are cash...

AMERSFOORT, The Netherlands – Stater CEO Erwin Dreuning and brand-new commissioner Frans van der Horst talk about the European opportunities they see for...

The High Court Enforcement Officers Association (HCEOA) has launched a new survey as part of its ‘Supporting Court Users’ campaign, which aims to give...

Indesser reported today that it has recovered £3 billion of money for taxpayers since 2015. This represents a key milestone in the government’s debt...

Lowell, a European leader in credit management services, today announces its results for the 3 months ended 30 June 2022. Commenting on today’s announcement...

Phillips & Cohen Associates, Ltd. (PCA), the global leader in deceased account care servicing and technology solutions, servicing clients in the United...

Smoove plc (AIM: SMV), the customer focused technology and services business aiming to simplify and revolutionise home moving and ownership, announces that it...

Forward-thinking payment partner Duologi have successfully gone live with LendingMetrics’ Auto Decision Platform (ADP). Duologi, which specialise in...

Ion Fratiloiu has joined Channel Capital Advisors LLP (Channel) as its new Chief Commercial Officer. Fratiloiu will be driving Channel’s new digital lending...

UK Finance has published its latest Payment Markets Report, reporting on payment trends during 2021 and forecasting what we expect to happen by 2031. Key...

27% higher than pre-pandemic levels One-month increase of 7.5% from June 2022 Headwinds likely to cause issues even for better-performing business in the next...

Corporate insolvencies increased by 7.5% in July 2022 to a total of 1,827 compared to June’s total of 1,699, and increased by 66.7% compared to July...

The global AI-powered Order-to-Cash platform, Sidetrade, reveals late payment trends by UK companies in July 2022 from the Sidetrade Unpaid Invoice Tracker –...

A survey of 500 UK SMEs has found: A third (33%) of SMEs say their survival is dependent on accessing finance by the end of the year 32% have no financial plan...

HOUSTON & SAN FRANCISCO – HighRadius the leading provider of Autonomous Finance Software for Order to Cash, Treasury and Record to Report, has been named...

Capita Experience, part of Capita plc, has appointed four new client partners within its financial services business for motor finance, mortgages, retail...

The number of personal insolvencies in the UK has fallen 10% from 32,197 in the first quarter of the year to 28,946 in the second quarter* says Mazars, the...

The number of individuals entering a personal insolvency procedure remains high with a 7% increase on the same quarter last year. Q2 2022 marked the eighth...

“The continued rise in insolvencies, and CVLs in particular, clearly demonstrates that the predicted ‘cliff edge’ of company insolvencies coming out...

“The 81% year-on-year increase in the number of UK company insolvencies in Q2 2022 has, once again, been largely driven by a significant rise in Creditors’...

There were 5,629 seasonally adjusted corporate insolvencies in Q2 2022, an increase of 12.7% compared to Q1 2022’s figures of 4,995 and an increase of...

Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines for the UK & Ireland, has released its Q2 2022...

Target Group, the operational transformation, business processing and software provider has today announced the promotion of Mark Gilliver to Chief Growth...

Small business owners are concerned about the possibility of a recession, according to iwoca’s latest quarterly SME Expert Index. With both the cost of...

The UK’s three largest debt charities have called on the energy regulator Ofgem to urgently increase protections for people with energy arrears, as rising...

Industry analysis by Landlord Action, housing law specialist and part of the Hamilton Fraser Group, has revealed that the number of rental property...

Overall, corporate insolvency numbers (liquidations and receiverships) in Scotland for Q1 2022-2023 rose by 49.1% compared with Q1 2021-2022. The number of...

Norton Broker Services has added TAB to its panel of lenders. The agreement means that brokers using Norton Broker Services now have access to a range of first...

Amsterdam, Netherlands – PayU, the leading online payment service provider operating in 50 emerging markets, has today announced the appointment of...

Norton Home Loans has partnered with The Money Group (TMG) network, enabling TMG brokers to access its full range of specialist mortgages. Norton Home Loans...

Freedom Finance has selected One Mortgage System (OMS), the seamless single-input enquiry-to-completion processing platform for brokers, to be its back-office...

National Express, the largest scheduled coach operator in the UK, has chosen the 8×8 XCaaS™ (eXperience Communications as a Service™) integrated cloud...

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

Luxembourg City – Arrow Global Limited (“Arrow Global”), a leading European investor and alternative asset manager in credit and real estate, is pleased...

Today, the Payment Systems Regulator (PSR) has published its annual report and accounts for 2021/22, setting out how it made a difference over the past...

After a period of intensive growth, UK-based Unified Communications provider Conversant Technology is adding to its existing US presence with a new office in...

Paystand, the leader in blockchain-enabled B2B payments, today launched the world’s first dynamic discounting application designed for seller accounts...

“Today’s insolvency statistics contained few surprises, creditors’ voluntary liquidations (CVLs) have continued to outnumber other types of company...

Corporate insolvencies decreased by 7.2% in June 2022 to a total of 1,691 compared to May’s total of 1,822, but were still 40.1% higher compared to June...

Ethical debt collection firm, DCBL has won the Best Use of Technology at the Credit Awards 2022 for its partnership with Webio, a leading AI customer...

On 24 June 2022, the High Court of England and Wales granted an order permitting service of court proceedings via the transfer of a token on the blockchain in...

After many years making the case for change, the Credit Services Association (CSA), the UK trade body for the debt collection and debt purchase industry, has...

Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines, is calling on stakeholders from across the credit...

Organisations looking to complete their digitisation journey can now increase the control and visibility of their purchase to pay functions thanks to a new...

Phoebus Software Limited (PSL) has introduced mental health first aiders into its workplace to help anyone who needs support. Five employees are now qualified...

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

UAE: TPAY MOBILE, the leader in mobile payments in the Middle East, Africa, and Turkey (META), today announces it has appointed Gaston Aussems, previously CEO...

Lowell Group (“Lowell”), one of Europe’s leading credit management services providers, has appointed Sally-Ann Hibberd as an Independent Non-Executive...

LACEF the association for local authority staff employed in managing debt and recovering debt for councils, has announced the details for its upcoming...

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...