The new 3-year multi-million pound contract will see Experian continue to work as the primary credit bureau for Nationwide.
Iain Laing, chief risk officer for Nationwide, said: “Our partnership with Experian will help us meet the responsibility we have as a mutual to our members by giving us greater control over assessing and managing credit risk which in turn will help us strengthen relationships with both new and existing customers.
“Our businesses are very much aligned and we see this partnership going from strength to strength in the future.”
Craig Boundy, managing director of Experian UK and Ireland, added: “Our ongoing investment in data and technology innovation has enabled us to provide the most comprehensive view of a customer. This is vital to enable organisations to lend confidently and responsibly.
“We are delighted to be able to build on our long-term strategic partnership with Nationwide and look forward to supporting the organisation through its future growth strategies.”
