15 December 2020

Leeds Building Society helps customers in arrears with digital tool  

Written By FinTech Alliance

Leeds Building Society helps customers in arrears with digital tool  

Leeds Building Society has partnered with Paylink Solutions to support customers with financial problems.  

In Brief:  

  • Paylink Solutions has built Embark which gives banks a full picture of a customer’s financial situation.  

  • It enables customers to upload personal information themselves for the bank to assess.  

  • Leeds Building Society can then come up with a plan that suits the customer’s needs.  

What does this mean?  

Leeds Building Society says that the Covid-19 pandemic has led to a greater need to support borrowers facing financial difficulties, and that fast, accurate data is vital to help come to the right decision.  

Read more here.  

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