White Oak joins the fight against fraud

Acquis Data Services have announced that non-bank lender, White Oak, is the latest company to sign up to Acquis Lumia, the innovative register of asset finance borrowing designed with the cooperation of the industry to reduce fraud.

Melinda Crocker, Chief Operating Officer at White Oak commented: “Conducting thorough due diligence for fraud risk, while ensuring quick turnaround times for our asset finance product, is essential for our business. Our collaboration with Acquis Lumia will help further ensure we are able to screen these sizeable requests and deliver asset finance to clients in, crucially, a timely manner”.

James Rudolf, Director, Acquis Data Services commented: “Industry collaboration is key to the success of Lumia and the fight against asset finance fraud, so we’re delighted to welcome White Oak to the Lumia community”.