Leeds Building Society has partnered with Paylink Solutions to support customers with financial problems.
In Brief:
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Paylink Solutions has built Embark which gives banks a full picture of a customer’s financial situation.
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It enables customers to upload personal information themselves for the bank to assess.
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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.
