Acquis Data Services has today announced that Liberty Leasing has become the latest asset finance provider to join Acquis Lumia.
Launched in 2022, Lumia is a register of asset finance borrowing that provides a clear and real-time view of a company’s current asset finance arrangements. It has been designed to enable asset finance providers to identify suspicious or irregular balance sheet borrowing on a large scale and alert the lender to possible fraudulent activity.
Edward Ockleford, Head of Operations at Liberty Leasing commented: “We are delighted to join the Acquis Lumia community and contribute to the collective effort to reduce the risk of fraud. We absolutely recognise the importance of industry-wide cooperation in addressing the challenge that fraud presents, and the Lumia platform provides a simple and effective way for us to meet this challenge head-on.
James Rudolf, Chief Commercial Officer at Acquis Data Services, added: “We are delighted to welcome Liberty Leasing to Acquis Lumia. We are now at 36 members in the Lumia community and the momentum for the platform continues to grow. Every organisation that signs up to Lumia brings us one step closer to our overall goal – and that’s stamping out any potential fraudulent activity in our industry.
“This collective approach not only mitigates fraud risks but also promotes a more secure and trustworthy marketplace.”
