QUOTEVINE is partnering with an Open Banking analytics company called AccountScore.
AccountScore helps businesses understand customer transactional data so that funders can make more informed lending decisions.
Quotevine says that the partnership aims to create a straight-through process for proposals that will ease the adoption of Open Banking. It will allow brokers to access customers’ Open Banking information and provide this to the funder without adding to their administrative workload.
Brokers can use the new system for asset finance deals through the Quotevine Quickstart Package, although Quotevine says AccountScore is available across all its user verticals.
We have manufactured a proposition that not only speeds up the approval process for clients, but helps them move away from traditional and sluggish solutions.
Rebecca Duckworth, chief sales officer, Quotevine
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.