17 March 2018
visit www.nextgenbanking.co.uk

Hbos renews Experian credit referencing deal

10 January 2008  |  1950 views  |  0 Source: Hbos

HBOS, the UK's largest mortgage and savings provider, has announced a renewal of its contract with Experian, the global information services company as a leading supplier of its credit reference and analytics services.

The move, involving a substantial investment over the next five years, will provide the HBOS Group operations in the UK and Ireland with access to Experian's data and value added services.

As part of the contract, HBOS will roll out a package of Experian products and services to better manage customer acquisition and associated risk, identify and prevent fraud, and help the bank to more accurately match its excellent product range to customer need.

"This deal is a consolidation of our agreement and is a symbol of the success of our long-running partnership," said Nick Robinson, Head of Retail Risk at HBOS. "We chose a selection of tools from Experian on the basis of their data breadth and quality combined with an impressive record of product innovation."

"We are delighted to have the opportunity to continue our relationship with HBOS," said Steve Kilmister, Managing Director of Experian's Consumer Business. "Working closely with HBOS enables us to use our analytical capabilities and powerful information resources to help improve HBOS' risk decisioning and its ability to bring new products to market faster than ever before."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comVisit www.facebook.com/business/

Top topics

Most viewed Most shared
Augmentum Fintech raises £94m in IPOAugmentum Fintech raises £94m in IPO
11567 views comments | 25 tweets | 5 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
6320 views comments | 8 tweets | 7 linkedin
BIS warns central banks on digital currency issuanceBIS warns central banks on digital currenc...
6279 views comments | 18 tweets | 17 linkedin
Starling and TrueLayer integrate for open bankingStarling and TrueLayer integrate for open...
6086 views comments | 13 tweets | 9 linkedin
Capital One virtual assistant can now issue virtual card numbersCapital One virtual assistant can now issu...
6060 views comments | 12 tweets | 11 linkedin

Featured job

Six-Figure-Base, Double OTE, Benefits Package
London, UK

Find your next job