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AccountScore and Quotevine partner to create open banking proposition

New partnership will allow easy two-way communication between broker and funder, complete with secure implementation, vastly improving the connectivity between broker, funder and customer. This will allow brokers to reduce their administrative burden, allow funders to make better Open Banking decisions and ultimately, provide a market leading experience for customers.
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December 8, 2020

ACCOUNTSCORE and Quotevine have partnered to create a straight-through process for proposals that enables a standalone communication channel for brokers and funders aimed at improving communication between the two.

Brokers are able to submit a deal with an AccountScore PDF or Token directly to their chosen funder. The funder can then review the deal ‘on system’, reply directly to the broker, and download the AccountScore report as needed. All this can be achieved without an expensive integration or time consuming training.
The partnership builds on Quotevine’s Quickstart Asset Finance Package, launched in June as a response to the lengthy wait times SMEs were experiencing in accessing COVID-19 related finance. Realising asset finance brokers were in a prime position to help distribute vital loans to the UK’s small and medium sized businesses, Quickstart provides brokers with an innovative suite of tools, including E-Sign, Quotation Documents and Proposals, to help them process large amounts of loan applications, while managing risk.
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Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

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