The new four year deal strengthens the longstanding relationship between N&P and Equifax - the two companies have been working together for almost 15 years - and will see Equifax delivering a range of solutions to support N&P's continued focus on the consumer mortgage and banking markets.
Equifax provides N&P with services that support all aspects of the customer lifecycle, from credit risk assessment, identity verification and anti-money laundering checks to customer management and debtor tracing. The new four year contract gives N&P access to Equifax consumer credit risk data on an on-going basis, as well as being able to capitalise on several new initiatives introduced by Equifax.
In particular, N&P will be making use of the new enhancements to Equifax's Locate tool for tracing debtors. The lender will also be integrating the Equifax Insolvency Navigator scores into its application processing systems.