Nivo offers its mobile solution for free to help brokers meet Consumer Duty deadline
Nivo offers its mobile solution for free to help brokers meet Consumer Duty deadlineMar 28, 2023
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No evidence of responsible AI activity in eight of the world’s largest banksResearch shows one-third of North America and Europe’s largest banks lack transparency and are failing to publicly report on the progress of their AI development.
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Paragon Bank works with Acquis Data Services to combat fraudAcquis Data Services are delighted to announce Paragon Banking Group have signed up to the leading-edge solution Acquis Lumia. Acquis Lumia was created in response to the Arena Television fraud which impacted as many as 50 lenders in the UK asset finance industry. The solution was developed with the collaboration of leading players in the industry in order to enhance the credit checking process and reduce lending risk.
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Toyota GB first OEM to go live with new showroom inspection solution from Ebbon AutomotiveToyota GB has become the first vehicle manufacturer to go live for both its Toyota and Lexus brands with Ebbon Automotive’s new online showroom inspection module within its moDel logistics platform.
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NatWest signs deal with OneID to make new digital ID service available to businessesNatWest Group is making its new Customer Attribute Sharing service available to businesses as an embedded digital ID solution after signing a deal with identity service provider OneID. The bank is rolling out the service, in collaboration with OneID, across a wide range of use cases, including e-document signing and digital onboarding.
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Time Finance invest in technology to provide market-leading service for asset finance brokers following roundtable discussionAlternative finance provider, Time Finance, has announced its commitment to investing in technology to provide a market-leading service for asset finance brokers following a recent roundtable discussion with industry experts. The roundtable brought together a group of asset finance brokers to discuss market challenges, opportunities, and future priorities. Representatives from leading brokerages included Moorgate Finance, Anglo Scottish, Halo Finance, Love Finance, Victor Finance, Charles & Dean and PMD Business Finance.
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Allica Bank receives nomination for AFC Excellence in Technology AwardAllica Bank has been nominated for the Excellence in Technology Award at the Asset Finance Connect Summer Awards 2023. The 2023 Excellence in Technology Award is kindly sponsored by VIP Apps Consulting. Delivering exceptional financial performance, Allica is proving its proprietary and digitally-native banking model can be sustainable and highly scalable.
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Simply Asset Finance integrates Lendscape’s contract management solutionSimply Asset Finance has announced it has chosen Lendscape’s new contract management system to support its business growth, geographic expansion and further improve its customer experience. Both Simply Asset Finance and Lendscape have a shared vision and dedication to driving and disrupting the asset finance sector, through the use of innovative, market-leading tech solutions.
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Fleet Alliance directors invest in AutoBuzz customer communications platformTwo directors of Glasgow-based fleet management and leasing specialist, Fleet Alliance, CEO Andy Bruce and COO Nigel McMinn, have invested in the customer handover communications platform, AutoBuzz. Bruce and McMinn have taken a minority stake and non-executive advisory roles in AutoComms Solutions which owns the AutoBuzz platform.
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FIS publish thought leadership 2023 articleAfter a challenging 2022, FIS have gathered top executives from UK bank-owned, independent and captive lessors to discuss their hopes, fears and strategies for the year ahead.
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Leasepath achieves third consecutive year of record growthLeasepath has announced another year of growth, marking the third consecutive year of total revenue growth at or above 45% annually. Leasepath also added several new customers and booked over 400 new user seats on its market solution for Lease and Finance Originations on Microsoft Dynamics 365 for Sales.
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The future of automotive mobility to 2035The rapid pace of change in the automotive industry and beyond is fuelling the debate on how to identify future value. In order to help industry players understand these looming changes, Deloitte has released the new Future of automotive mobility study to 2035, which includes quantitative and qualitative data from executive sessions and interviews, an international customer survey, and a new profit pool simulation tool.
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Lombard joins fight against fraud through Acquis Lumia participationAcquis Data Services has announced that Lombard has joined Acquis Lumia, a central register of asset finance borrowing designed to reduce fraud in the industry. Lombard joins the first wave of significant industry players to subscribe to Acquis Lumia, a solution created in response to the Arena Television fraud which impacted as many as 50 lenders in the UK asset finance industry. Acquis Lumia was developed with industry collaboration in order to reduce lending risk.
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