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Restructure to wipe £55m off Provident’s expected profit

Restructure to wipe £55m off Provident’s expected profit

Doorstep lender Provident predicts profit from its consumer credit division will drop by nearly half compared to last year, due to disruption in restructuring its collections and sales teams
Entries open for the CCS Awards 2017

Entries open for the CCS Awards 2017

The M&A Advisor launches the Emerging Leaders Forum

The M&A Advisor launches the Emerging Leaders Forum

In Focus

Latest Editions

July 17

June 17

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Renaissance man

Renaissance man

Marcel Le Gouais Marcel Le Gouais
Hammersmith and Fulham Council is spearheading a joint venture with the private sector to offer debt management services to all local authorities. The man leading the venture, the council’s commercial director Michael Hainge, is driving cultural change through the public sector by bringing in FCA standards of conduct
The weapons of a war against cyber crime
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The weapons of a war against cyber crimeSPONSORED ARTICLE

Credit Strategy sought the views of John Marsden, head of fraud and identity at Equifax, in regards to cyber security, the modus operandi of hackers and how creditors are protecting customers’ data
Data and Technology
Civic duty
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Civic duty

As the public sector continues to face widespread criticism over the treatment of debtors, Credit Strategy queries if and what the catalyst will be for local councils to adopt the same culture and conduct in collections as the private sector
Collections Recoveries and Debt Sale
Disruption of digital technology in the collections industry
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Disruption of digital technology in the collections industry

The first event of Credit Week saw the launch of the Digital Banking Club (DBC) for Collections Debate, in which experts discussed the extent to which digital technology will disrupt the collections industry
Collections Recoveries and Debt Sale Data and Technology
IFRS9: Looming changes, significant impacts
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IFRS9: Looming changes, significant impactsSPONSORED ARTICLE

Chris Warburton
The collections and recoveries world is waking up to the fact that IFRS9 is not just an accounting standard and will impact processes, explains Chris Warburton, lead consultant at Arum
Regulation
The MPC at 20 – is it time for a rethink?
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The MPC at 20 – is it time for a rethink?

Mark BerrisfordSmith
It’s conceivable that politicians might want to take back a measure of control over monetary policy from the Bank of England, writes Mark Berrisford-Smith - head of economics at HSBC UK Commercial Banking
Regulation
Money laundering and the politically exposed: What you need to know
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Money laundering and the politically exposed: What you need to know

John Marsden
New regulations in Money Laundering Directive 4 will require extra diligence on politically exposed people, explains John Marsden, head of fraud and identity at Equifax
Regulation Sponsored Content

Dispatches

Lloyds results reveal £2bn of debt in forbearance

Lloyds results reveal £2bn of debt in forbearance

Huntswood: Protecting your firm and safeguarding your reputation

StepChange: Payday loans – The next generation

FCA: Packaged bank accounts

Latest industry news
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Lowell Group

Lowell Group

Lowell buys accounts from banks, mobile phone and internet suppliers and other companies that provide credit
Experian

Experian

Your Experian Credit Score. Free. Forever
Zinc Group

Zinc Group

Founded in 2008, Zinc Group is a UK-based credit control, recoveries management, and business process outsourcing company operating in both the B2B and B2C arenas with offices in Glasgow and Stratford-upon-Avon
Intelligent Environments

Intelligent Environments

Making digital customer engagement effortless
Shard Media Group

Shard Media Group

We have a respected presence in consumer and commercial lending, collections and credit management, payroll and rewards, and turnaround, restructuring and insolvency – and the list is growing all the time.
FCA

FCA

We aim to make financial markets work well so that consumers get a fair deal
Cabot Financial

Cabot Financial

Cabot Financial is one of the most respected debt purchase companies in the UK, servicing over 7 million customers who have outstanding credit commitments
Evolution Funding

Evolution Funding

The UK’s leading motor finance intermediary
Zuto

Zuto

Zuto is a team of friendly experts, dedicated to putting you back in control of one of life’s biggest buying decisions
Target appoints a new chief financial officer

Target appoints a new chief financial officer

Target Group, the business process outsourcer, has announced the appointment of Iestyn Evans as its new chief financial officer (CFO)
Arvato appoints a new commercial director

Arvato appoints a new commercial director

Arvato Financial Solutions has appointed a new commercial director in the UK and Ireland as it targets growth in the finance and accounting business process outsourcing (F&A BPO) space, as well as debt collection
CSA president joins Ardent Credit Services

CSA president joins Ardent Credit Services

The president of the Credit Services Association, John Ricketts, has joined Ardent Credit Services as its new managing director
CVR Global hires industry veteran

CVR Global hires industry veteran

Insolvency services firm CVR Global has this month appointed industry veteran Charles Turner as partner
Vice-president of insolvency trade body steps up

Vice-president of insolvency trade body steps up

Vice-president of insolvency and restructuring trade body R3, Adrian Hyde, is to step up to the role of president

Jobs Board

Biller, London - Portfolio Credit Control

My Client based in the city is looking for a biller to join a team and working alongside the billing manager.

Accounts Assistant, South West London - Portfolio Credit Control

One of my clients based in South West London is looking for an Accounts Assistant to join a team of 10. We are looking for an Accounts Assistant with experience liaising with high end blue chip companies. Experience within a niche market or professional services would be desirable but not essential.

EMEA Credit Manager, Hertfordshire - Portfolio Credit Control

Portfolio Credit Control is offering the opportunity to work with one of the UK’s leading businesses as an EMEA Credit Manager. The ideal Credit Manager will be immediately available and responsible for a ledger worth in excess of £150million ranging between 4 different countries.

Entry Level Sales Ledger, London - Portfolio Credit Control

I am looking for a Sales Ledger Officer to join one of our recruitment clients based in central London, this business always looks for people that have a head down attitude but also integrate quickly into their fast paced back office function.
All Jobs
Credit Strategy

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