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Consumer Credit News
Movers spend lowest ever average proportion of income on their mortgages
Tuesday, 13 July 2010

Borrowers moving home in May saw their mortgage interest payments accounting for the lowest proportion of their income in 35 years, according to new data from the Council of Mortgage Lenders.

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CML responds to FSA responsible lending proposals
Tuesday, 13 July 2010

In response to the FSA's consultation paper on responsible lending, the Council of Mortgage Lenders (CML) emphasises that the mortgage industry recognises the inevitability of regulatory change - but points out that there may also be unwelcome side effects for consumers from this process.

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Adeptra advisory round table highlights new era of consultative customer communication
Thursday, 08 July 2010

READING, UK and NORWALK, CT, USA – Adeptra, the recognised leader in automated contact and resolution services to companies, announced it has hosted its Summer 2010 Advisory Round Table for UK and European customers.

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Tieto to update Aktia's web services
Wednesday, 23 June 2010

Tieto and Aktia Group have signed a co-operation agreement on the development of web services. The Group's entire web portal will be updated in stages. This will provide Aktia's customers with modern and more flexible online banking services.

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Adeptra continues momentum with appointment of new director, worldwide marketing
Friday, 11 June 2010

READING, UK and NORWALK, CT, USA - Adeptra, the recognised leader in automated two way customer communications, has appointed Bill Brown as Director of Worldwide Product Marketing.

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Tieto upgrades its Summit mortgage and savings suite for enhanced efficiency and quality
Thursday, 10 June 2010

Tieto has completed an upgrade of the Summit, part of its Mortgage & Savings Suite (MSS) aimed to manage mortgage lenders relationship with their customers from first contact to final payment. The new release (CSR2) delivers major enhancements to customer view, workflows, security and user experience together with changes to the technical architecture.

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Mortgage origination redefined with Tieto's Origination Suite
Tuesday, 08 June 2010

Leading European IT services company Tieto has unveiled the Origination Suite, designed to support sales of financial services such as mortgages, savings, loans, cards, insurance and current accounts. Focussing initially on mortgage origination, this highly configurable solution provides business users with an intuitive, easy-to-use system for the complete process, from initial customer engagement to loan fulfilment.

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AFS Selects First Data to Bring World-Class Payment Solutions To Regional Client Base
Tuesday, 06 April 2010

BAHRAIN – Arab Financial Services (AFS), a leading provider of electronic payments and consumer finance outsourcing services in the Middle East, today announced an agreement with First Data Corporation, a global leader in electronic commerce and payment solutions, wherein AFS will leverage First Data’s global processing power to support  its regional client base.

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Free evening standard to explain benefits of international standard
Tuesday, 30 March 2010

Standards International, the UK?s leading certification body for ISO 22222, today confirmed that they will be holding a free evening seminar to explain the benefits of being certified to the only international standard for best practice in financial planning.

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Banca d’Italia, ICBPI and VocaLink to make the respective SEPA-schemes compliant
Tuesday, 30 March 2010

ITALY, MILAN, ROME - The Italian infrastructure for clearing and settlement of retail payments (Clearing and Settlement Mechanism – CSM) ICBPI/BI-COMP, operated by Banca d’Italia and Istituto Centrale delle Banche Popolari Italiane (ICBPI), and the international payments specialist VocaLink today announced that they are collaborating to establish a link for the exchange of SEPA payments based on the European Automated Clearing House Association (EACHA) interoperability standards.

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Webroot builds executive team to expand operations across Asia
Wednesday, 24 March 2010

Bracknell, UK – Webroot, a leading Internet security provider for the consumer, enterprise and SMB markets, today announced it has appointed Masahiro Morimoto to the new role of vice president, Asia-Japan. A 35-year veteran of sales and management for technology companies with operations in Japan and the Asia Pacific region, Morimoto will be responsible for driving all aspects of Webroot’s success in the consumer and enterprise sales channels in Asia.

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