Leasing and motor finance tech firm Dealflo bought for £41m
Dealflo, a provider of identity verification and end-to-end financial agreement automation to motor finance and leasing markets, was bought by…
ByMonth: May 2018
FCA seeks to challenge £209.2m of revenues from high-cost credit
The Financial Conduct Authority (FCA) will seek reform across high-cost credit sectors after it published the results of its review…
ByLeaseurope: EC mobility plan lacks clarity on access to in-car data
Leaseurope has said the EC’s third legislative Mobility Package, which covers a wide range of topics, including connected and automated…
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Ombudsman consumer credit complaints soar 40%
The Financial Ombudsman Service (FOS) saw a 40% rise in consumer credit complaints between 2016-17 and 2017-18, figures from the…
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VW and Avis push Zipcar electric vehicles in London
Zipcar, a car-sharing service owned by rental firm Avis, will introduce over 300 VW e-Golfs to London in July.
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Cap hpi: Used values stay resilient in May
Demand for used cars remained strong in May with a 1.3% drop in values at the three-year, 60,000-mile point, according…
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Secure Trust Bank overhauls motor finance team
Secure Trust Bank (STB) has overhauled its motor finance leadership team as the bank looks to move business towards lower-risk…
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Moody’s: Car finance ABS shielded from base rate rise
A base rate rise on part of the ECB or the BoE would not have a visible impact on car…
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