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Secure Trust Bank chooses Target for collections software

Secure Trust Bank plc has selected Target to deliver a arrears management system to optimise collections and increase efficiency across a wide range of loan portfolios. The tailored arrears system will manage the bank's loan portfolios for motor finance, retail finance and unsecured loans which operate under the Moneyway trading name.

Insightful research into borrowers spending habits

We recently partnered with YouGov to conduct a research survey of 2000 consumers looking into the borrowers spending habits in the wake of the Mortgage Market Review.

Target achieves an initial Special Servicer ranking from Standard and Poor’s and reaffirms Above Average Primary Servicer rating

Target is pleased to announce that Standard & Poor’s (S&P) has awarded the group a Special Servicer Rating at its first attempt. In addition, it has also confirmed that Target has maintained its “Above Average” rating for primary servicing.

A change is gonna come…

Received wisdom within financial services is that consumers of financial products don’t like change. Inertia is often cited as a major issue across a diverse range of financial products. Whether it is bank accounts or remortgage rates, it does seem that people often need to be reminded or cajoled into securing a better deal for themselves and, even then, they can be reluctant to act. So why is that the case?

Target moves into portfolio ownership

Target Group, the financial services outsourcing and software provider, has today announced that it has gone live with its first acquisition of a secured loan portfolio. The acquisition forms part of Target’s ambitious growth strategy, and has been carried out in partnership with Arrow Global.

Yorkshire Building Society re-launches buy-to-let with Target

Target has strengthened its mortgage market presence with another contract win - and welcomes new outsourcing client Yorkshire Building Society.

Steve Khan appointed Sales Director Loans Servicing

Target Group, the financial services outsourcing and software provider, today announces the appointment of Steve Khan as the firm’s Loan Servicing Sales Director. Steve’s expertise in the financial services industry ranges across retail mortgage origination, capital market and servicing.

John Miles appointed as new Insurance Product Manager

Target Group, the financial services outsourcing and software provider, has today announced the appointment of John Miles as Product Manager, Insurance. John will be responsible for driving the strategy for Target Group’s IF Channel and IF Fullcycle products.

Terry Baxter joins Target Group as Risk and Compliance Director

Target Group, the financial services outsourcing and software provider, today announces the appointment of Terry Baxter as the firm’s Risk and Compliance Director.