23 September 2017
Find out more

Equiniti provides Axcess Financial Europe with Core Pancredit

20 September 2016  |  2427 views  |  0 Source: Equiniti

Equiniti, a leading provider of specialist software products and services for financial services firms, today announces that it has entered into an agreement to provide its Core Pancredit technology to Axcess Financial Europe (AFE), for its new online portal Square Today.

Square Today is a new lender in the UK loans market providing customers with simple, easy to manage short term loans.

Equiniti’s Core Pancredit is a complete loan application, servicing and collections solution which integrates with a range of third party systems to support the loan application process. Utilising Core Pancredit, Square Today’s online loan solution carries out extensive underwriting and affordability checks on all applicants, keeping it within essential FCA regulations. These include two credit checks with Callcredit or Experian, and a fraud evaluation system.

Using Equiniti’s technology, Square Today is able to make its lending service as easy as possible to use, with a focus on customer service. Much of the process is automated to decrease the amount of time to completion, allowing successful applicants to receive money within a few hours.

Graham Donald, MD of Equiniti Pancredit, said: “I am delighted to be announcing this new collaborative relationship. The technology we are providing to Square Today will make it easier and quicker for people to apply for a loan and demonstrates Equiniti’s ability to provide technology solutions that help our clients compete and improve their customers’ experience.

Paul Court, MD at AFE, said: “We are very pleased to be launching our new Square Today product set in partnership with Equiniti Pancredit. We are at the start of our plans to create a straightforward new value proposition for customers in the UK lending market and need a reliable partner to help us grow. I am confident that Equiniti Pancredit has the track record to help us achieve our goals.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.comvisit www.sibos.comdownload the paper now

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
13085 views comments | 27 tweets | 42 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
9103 views comments | 13 tweets | 27 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8457 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
8075 views comments | 16 tweets | 1 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
7849 views comments | 31 tweets | 45 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job