U.K. Lender HBOS Taps Experian
HBOS, a major UK’s mortgage and savings provider, has tapped Experian to provide consumer and business credit referencing and fraud prevention.
The contract is for 40 million pounds ($72 million) over five years.
Experian will be providing risk management services right across the HBOS Group’s major UK businesses, including Halifax, Bank of Scotland and Birmingham Midshires.
The contract offering incorporates third party data compliant credit bureau information, predictive scoring solutions, an automatic application processing system for its business banking division, authentication and fraud prevention tools including Detect, Experian’s anti-fraud system, and other services such as lifestyle data and National Canvasse – a comprehensive direct marketing database of UK consumers.
