Financial Ombudsman Service (Australia)

Zilch Announces the Official Launch of Zilch up, Which Provides Access to More Affordable Credit and Is Building Stronger Financial Futures

Retrieved on: 
Thursday, October 12, 2023
Technology, Payments, Finance, Fintech, Banking, Electronic Commerce, Professional Services, Retail, Online Retail, Cras, Partnership, Multimedia, BNPL, Credit, Financial Ombudsman Service (Australia), TransUnion, FCA, History, Online shopping, Zilch

This will create access for millions to build their financial profiles safely and responsibly and without paying any interest.

Key Points: 
  • This will create access for millions to build their financial profiles safely and responsibly and without paying any interest.
  • View the full release here: https://www.businesswire.com/news/home/20231012901593/en/
    The introduction of Zilch Up provides all the benefits of Zilch’s zero-interest, ad-subsidised borrowing with the ability to improve your credit score, which wasn't possible before Zilch.
  • With 5 million people in the UK deemed credit invisible, Zilch’s new product enables customers with tools to improve their credit scores and increase their credit limit.
  • A user’s credit score improvement can only occur where a user’s credit reporting via Zilch is more up to date than with other lenders.

Praetorian Legal: Landmark Court Verdict Opens Door for a “Forgotten Generation” of Timeshare Victims to Recover Life-changing Sums

Retrieved on: 
Tuesday, May 30, 2023
Finance, Other Consumer, Consumer, Professional Services, Legal, Diamond, Hitachi, Maintenance, Diamond Resorts, Financial Conduct Authority v Arch Insurance (UK) Ltd & others, Financial Conduct Authority, High court, Shawbrook Bank, Financial Ombudsman Service (Australia), Timeshare, FOS, Judgement, Consumer Credit Act 1974, Investment, Consumer Credit Act, Credit, EWHC, Administrator, Barclays, Hotel, Bank, Security (finance), Pharmaceutical industry, Auction, Clydesdale

He urges thousands more victims who have not come forward so far to do so.

Key Points: 
  • He urges thousands more victims who have not come forward so far to do so.
  • Victims typically took out loans of tens or hundreds of thousands of pounds to fund their purchase of these long-term schemes.
  • They funded and benefited from unscrupulous timeshare companies preying on families with high-pressure sales tactics and false investment promises.
  • A claims management company authorised by the Financial Conduct Authority, Praetorian Legal have managed these processes on behalf of thousands of victims.

First Official Manchester United Digital Collectibles Gifted to Fans by Tezos-powered Platform

Retrieved on: 
Monday, November 14, 2022
Soccer, Professional Services, Sports, Blockchain, NFT, Technology, Web3, Club, Sale, Digital Collection System Network, Financial Conduct Authority, Financial Services Compensation Scheme, Blockchain, Financial Ombudsman Service (Australia), Finance, Football, Internet, Education, Non-fungible token, Digital product design, Reward, Cryptocurrency, Video game console, Sport, Manchester United F.C., Tezos, Web3, Discord, United

The first ever official Manchester United digital collectible will be gifted to fans by a Tezos-based platform as the Club launches a new Web3 community designed to educate, reward and unite its global fan base through digital and real-world experiences.

Key Points: 
  • The first ever official Manchester United digital collectible will be gifted to fans by a Tezos-based platform as the Club launches a new Web3 community designed to educate, reward and unite its global fan base through digital and real-world experiences.
  • These digital collectibles are a set of unique digital assets, commonly referred to as Non-Fungible Tokens, or NFTs.
  • The content associated with Manchester United Digital Collectibles is governed by terms and conditions which will be made available in due course.
  • Manchester United Digital Collectibles are not currently regulated by the Financial Conduct Authority in the UK and are not covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme;
    2. the value of Manchester United Digital Collectibles is variable and can go down as well as up;
    3. tax may be payable on any profits made on the sale of Manchester United Digital Collectibles; and
    4. for those Digital Collectibles which require purchase, the decision to purchase Manchester United Digital Collectibles requires careful thought and consideration.