Vyne launches Open Banking powered no-code payment link solution

By |2023-07-12T16:17:56+01:00July 13th, 2023|Aftermarket and workshop, Dealer Insights, Leasing & Finance|

Vyne’s no-code payment links enable businesses across a variety of industries to streamline how they’re collecting payments. Merchants that traditionally take payments over the phone such as travel agents or hospitality, can offer customers a more secure, easy way to pay, removing the risk of chargebacks.

Five key product enhancements to help meet Consumer Duty

By |2023-05-31T10:04:00+01:00May 31st, 2023|Dealer Insights, Leasing & Finance, News|

The central point for the five enhancements is a new Consumer Duty page that forms a key element of the customer online buying journey. It includes firstly, lender-specific data and secondly, lender product videos. These provide all the relevant information, features and benefits of the specific finance product chosen by the customer, helping lenders and dealers ensure their products are being introduced in the right way and that the consumer has a high level of understanding.

White paper shows how technology can drive Consumer Duty compliance

By |2023-05-30T13:20:02+01:00May 30th, 2023|Dealer Insights, Leasing & Finance, News|

Called “Navigating Consumer Duty Regulations in the Automotive Sector” it includes a step-by-step examination of the responsibilities that the new regulations create, explanations of what dealers and lenders need to do to show that they are being met, and an analysis of how the right IT systems can resolve these needs.

Help is available for those who need it, says FCA

By |2023-05-16T10:59:43+01:00May 16th, 2023|Leasing & Finance, News|

Where firms haven't supported their customers properly, the FCA has told them to make changes. It reminded 3,500 lenders of how they should be supporting borrowers in financial difficulty and told 32 lenders to make changes to the way they treat customers. This work has led to £29 million in compensation being secured for over 80,000 customers.   

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