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alternative, interest-free BNPL payment method, where payment to our merchants is guaranteed. In addition, in3 also attaches great importance to the importance of localization by off ering iDEAL, which is an important core value of Mollie. We look forward to exploring similar opportunities in Germany and other European countries together with in3.”
The latest UK Consumer Prices Index (CPI) fi gures, published by the Offi ce for National Statistics, show that CPI rose to 9% in the 12 months to April, up from 7% in March. Jane Tully, director of external aff airs and
partnerships at the Money Advice Trust, the charity that runs National Debtline and Business Debtline, said: “Today’s infl ation fi gures should raise the alarm on the urgent need for support for households struggling to cope with rising prices. “At National Debtline and Business Debtline we are already hearing from people whose incomes are unable to cover essential costs. Unless further action is taken, our fear is that more people will be left with impossible choices trying to meet basic needs. “With borrowing on the rise and budgets
in such a fragile state, there is also a real risk of an increasing burden of debt at the worst possible time. “Targeted support, including uprating
benefi ts in line with infl ation, is urgently needed to help people feeling the strain now.”
Klarna will soon be sharing data with credit reference agencies Payl8r managing director, Samantha Fogerty, said: “For years we have been calling for greater regulation within the BNPL industry, and we are delighted to hear that at long last, from June, Klarna will be reporting consumer spending to credit reference agencies. “As one of the longest running BNPLs in the UK, Payl8r has understood the benefi ts of being regulated from day one meaning we have always shared this type of data with credit reference agencies. FCA guidance helps us lend responsibly and helps our customers manage their money, building their credit profi le as they go. It is a more ethical and responsible model that’s always worked for us, our retailers and our customers. “Add to this our use of Open Banking to assess a customer’s aff ordability it is easy to see why the sector is moving towards a model that Payl8r has always lived and lent by.”
Paradigm Mortgage Services has announced the appointment of a new senior relationship manager. Sarah Blackwood joins Paradigm with
immediate eff ect and will cover Scotland, Northern Ireland and the North East of England in her new role. She said: said: “Paradigm has forged a
considerable reputation for the strength of its proposition and the range of support it provides to intermediaries, so I am very pleased to be joining the business dealing directly with member fi rms. I am looking forward to working with both existing and new contacts within these regions to demonstrate where we can add further value,
Evolution Money has announced the appointment of Steve Daly as its new IT director. In this new role, he is responsible for a variety of departments within Evolution including IT Development, IT Infrastructure and Projects. As IT director he will continue to identify and match technology with the business’ needs and present technological options to allow the Board/leadership team to make informed decisions. He is also responsible for the technological capabilities and security of the ICT department. Mr Daly said: “With this promotion to IT director I will be
as they seek to secure the most from their membership. There are a whole host of opportunities
to be explored and I cannot wait to get out into the fi eld to share everything Paradigm can off er.”
Hampshire Trust Bank (HTB) has enhanced its off ering for landlords with the introduction a new product for clients looking at improving the Energy Performance Certifi cate (EPC) rating of their property via refurbishment. Louisa Sedgwick, managing director,
specialist mortgages at Hampshire Trust Bank, said: “The 2025 deadline for EPCs to have a rating of C or above for new tenancies is fast approaching and we are receiving an increasing number of enquiries from our broker partners who have clients looking to improve the energy effi ciency of their properties. “We are delighted to off er a hybrid
product, consisting of a bridging loan for refurbishment and then a term loan at a reduced rate. “We are always striving to meet the
Steve Daly
wearing a number of hats, covering a number of diff erent departments and seeking to ensure Evolution has the right technology solutions in place to support our overall proposition. “One of my key objectives is to ensure we deliver a faster, customer-fi rst
experience that not only makes it easier and quicker for customers to deal with us, but also supports our adviser and introducer relationships, while ensuring our staff can also work more effi ciently to assist those stakeholders. On top of that, I will be ensuring Evolution has a stringent security layer to provide peace of mind to our customers, the business and its shareholders.”
May 2022
www.CCRMagazine.com
demands of brokers and their clients and we believe we are meeting a real need with Bridge EPC Refurb acknowledging that the live challenge we face is within the UK’s existing housing stock. “We have built this product in response to
the growing requests from our intermediary partners ensuring they can off er a credible solution to landlords allowing them to focus on getting their properties up to fast- approaching energy effi ciency standards.”
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Samantha Fogerty
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