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Hampshire Trust Bank announces new relationship with Callcredit

By CreditMan Monday, January 12, 2015

Hampshire Trust Bank (HTB) has announced a new relationship with Callcredit Information Group which will aid fraud prevention and assist the Bank in meeting anti-money laundering regulations.
Hampshire Trust Bank has signed up to use Callcredit’s CallValidate tool, which will help enable the bank to capture and validate customers’ names, addresses and date of birth, whilst simultaneously conducting a real-time check against bank and credit card details provided by the customer.

HTB required a solution that could help to identify a customer and would meet customer due diligence and know your customer (KYC) obligations. The Bank also needed a solution that could screen against the known politically exposed persons (PEPs) register and the HMTreasury combined sanctions List.

Mark Sismey-Durrant, CEO of Hampshire Trust Bank, said: “CallValidate meets all of our requirements, is easy to use, and meets regulatory requirements. The Asset Finance team has found CallValidate’s functionality uncomplicated and very reliable. It has proved particularly valuable in helping the team maintain its excellent customer service and speedy delivery for clients.

“CallValidate is very user-friendly and has market leading levels of coverage. It provides quality loaded information that concentrates on personal data - this enables Callcredit to provide a broader and deeper data set, through a modern, robust and thorough system. We look forward to a positive and long-lasting relationship with Callcredit.”

Peter Mansfield, Managing Director, Callcredit Ltd said: “We are delighted to form a new relationship with Hampshire Trust Bank. We’re pleased that CallValidate will enable the Bank to meet their KYC obligations as well as assisting in meeting its responsibilities for AML regulations and ensuring the prevention of fraud within the business.”