Acquis Data Services has announced that Metro Bank is the latest organisation to join the Lumia community, becoming the 35th member of the asset finance register since its launch in 2022.
Lumia provides a real-time view of companies’ asset finance arrangements, developed with input from lessors across the industry. The platform is designed to help asset finance providers identify irregular or suspicious borrowing activity at scale and alert lenders to potential fraud.
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James Rudolf, Director at Acquis Data Services, said: “We are delighted to be welcoming Metro Bank to the Lumia community. As the 35th organisation to sign up, the strength and effectiveness of Lumia is growing, contributing to meaningful change within the industry.”
Nova Everidge, Director at Metro Bank, added: “We’re proud to be part of the Lumia community, collaborating with the wider industry to mitigate risk and make better-informed lending decisions. Lumia is the solution the industry has needed for many years, enabling us to identify suspicious behaviour in a collaborative way.”
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By GlobalData
