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Top story: Credit Summit 2015: FCA doesn’t want “a smaller market”

The Financial Conduct Authority (FCA) has told delegates at Credit Today's Credit Summit it doesn’t want a smaller consumer credit market, amid increased pressure on the industry. Read full story

News stories

Cabot’s EBITDA up 36% to £173m

Debt purchaser Cabot Credit Management has posted a 36 per cent rise in adjusted EBITDA to £173m. Read full story

Children “scared of council bailiffs at the door”

Councils must stop leaving children frightened by sending aggressive bailiffs to the doors of family homes, according to The Children’s Society. Read full story

FCA announces review of DCA staff remuneration

The Financial Conduct Authority (FCA) has revealed plans to review staff remuneration in debt collection agencies (DCAs), ahead of the regulator’s keynote at the Credit Summit tomorrow. Read full story

Global Payments snaps up Realex in £85m deal

Payment technology provider Global Payments has acquired Realex Payments in a deal worth £85m (€115m). Read full story

 
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A step in the right direction

Carter-Ruck's Isabella Piasecka welcomes the extension of “no win no fee” availability for insolvency litigation

Red alert for May 7th

Begbies Traynor's Julie Palmer explains why the general election could be a challenge for the credit sector

Devil in the details

Lauren Lee of Shoosmiths asks whether the NRAM case was really a victory for the consumer

Credit brokers: Your chance to help write the rules

Ed Smith, head of banking, lending and protection policy at the Financial Conduct Authority, explains why the regulator is calling for views on credit broking rules

The end of the beginning for short-term lenders

Russell Hamblin-Boone, chief executive of the Consumer Finance Association, looks at how consumer demand will change the industry post-FCA.

How can short-term lenders put the spotlight on compliance?

BCCA's Rachael Corcoran highlights the areas short-term lenders are seeking compliance support.

Commercial lending: debt markets on the rise

Mark Taylor, partner and head of debt advisory at Clearwater International, puts UK debt markets under scrutiny

‘Punish late payers with daily interest’

For businesses that pay late, compulsory daily interest charges should be applied to ease the cash flow crisis it can cause, says Mark Burgess, chief operating officer at commercial debt recovery firm Debt Guard Solicitors.

Five analytics tools debt buyers should be using

Damian Riley, director of business intelligence at HML, describes five analytics tools debt purchasers need in their arsenal

Something to write home about

Fred Crawley talks to RNB’s Alan Cruickshank about the challenges the collections industry shares with others in keeping on top of customer correspondence.

Plus ça change?

Do the latest statistics from the Credit Services Association’s Data Gathering Initiative show that consumers are more in charge of their finances? CSA Vice President, John Ricketts considers.

Social media says ‘yes’

Social media can provide a wealth of credit-based customer data that lenders should be ready to take advantage of this alongside traditional data sourcing, says Paul Thomas, managing director of Provenir International.