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ARYZA PARTNER WITH THE VULNERABILITY REGISTRATION SERVICE

Aryza has recently joined the Vulnerability Registration Service (VRS), a move that will help consumer lending clients better identify vulnerability and support customers. The VRS is the UK’s first central vulnerability database and provides people with a single place to register their vulnerable status - completely free of charge. Financial…
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Vulnerability Registration Service features on BBC Radio Scotland to talk about financial abuse

Helen Lord, director of Vulnerability Registration Service, features on BBC Radio Scotland’s latest money podcast ‘Clever About Cash.’ The podcast focussed on financial abuse and discussed the forms it can take. The VRS can highlight vulnerable individuals who may be suffering from financial abuse to financial organisations such as lenders…
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One-stop partnership alerts financial service providers to bereaved and vulnerable consumers

Vulnerable consumers dealing with the death of a loved one will receive speedier and fairer treatment from financial service providers following a new partnership by two free nationwide services. The tie-up between the Vulnerability Registration Service and newly launched end-of-life account closure service Settld, creates a stress-free ‘one-stop’ vulnerability and…
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Anchor Computer Systems Provides Over 200 Lenders with Access to the Vulnerability Registration Service

Anchor Computer Systems, part of the Aryza Group has become the latest organisation to join the Vulnerability Registration Service (VRS) as a member to help its consumer lending clients better identify and support vulnerable customers. The membership means that their Sentinel Loan Management System is now integrated with the Vulnerability…
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Vulnerability can only be addressed through better engagement and by giving those who are vulnerable a voice

Collections must to go from ‘needs unknown’ to ‘finding out at the earliest opportunity’, when it comes to vulnerability This was the conclusion of a recent industry event, attended by 185 people from credit organisations, collections companies, debt charities and in regulatory roles. Organised by the Vulnerability Registration Service (VRS)…
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Insolvency-Tech Platform Cerebreon Signs up to the Vulnerability Registration Service

Cerebreon, a leading data insights platform in the insolvency tech market, has joined the Vulnerability Registration Service as a member to enhance their existing vulnerability algorithms and rapidly identify individuals that need additional support in the debt process. With unsecured debt reaching record highs and Covid-19 causing increasing levels of…
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Financial Conduct Authority Portfolio letter for debt purchase, debt collection and debt administrator firms.

Are you doing enough to identify and protect vulnerable customers? The Financial Conduct Authority (FCA) published its Portfolio letter for debt purchase, debt collection and debt administrator firms on the 18th January identifying drivers of harm and how firms should mitigate risks. It highlights the major concern that firms can…
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How to identify exactly who is vulnerable

We all know that need to treat vulnerable people in an appropriate way, we know that we have a corporate responsibility to do so. We also know that the regulators expect us to take the right approach. The challenge is often how to identify exactly who is vulnerable. The Vulnerability…
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5 Tips to Help Save for Christmas

It’s about this time of year when the shops start showing the first signs of Christmas on the way – and for many of us, that can mean a familiar sinking feeling as we wonder where we’re going to get the money from to cover all the presents, parties and…
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5 Tips to improve your credit score

If you saw our recent post about credit score myths, you’ll know that you don’t actually have just one universal credit score. In fact, lenders will have their own different scoring criteria for each of their products. Of course, there are things you can do to ensure that when you…
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