HBOS live with iE's NetFinance platform
Intelligent Environments Group plc (iE), the online software provider for financial services, announces that Halifax Bank of Scotland plc (HBOS) has today launched iE's personal loans product for 26 partner and affinity brands, including Sainsbury's Bank, Halifax and Bank of Scotland.
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The launch forms part of a website and secure application capability hosted by iE's partner, LogicaCMG and supported by iE's marketing management product for the web, iE Montage.
The contract, iE's largest by value for two years, is initially for three years, with an option to be extended for further years if successful.
Phillip Blundell, chief executive of iE, said: "With at least 25% of online lending forecast via the web, we are seeing growing momentum in the financial services industry to ensure that business systems and processes can capitalise on and deliver against the efficiencies the Internet represents. HBOS have invested in iE's NetFinance platform to deliver a highly usable and accessible online loans capability that will support its own main brands and its multiple partners."
Glenn Hutchinson, head of partnership services, HBOS, said: "We are delighted to build on our existing relationship with iE and launch an industry-leading online loans capability for our partners and customers. Partner and affinity services are key to our business and iE's platform enables us to enhance our current online capability and launch and manage new and existing partner brands more quickly and cost effectively."