GB Bank, a new bank focused on “getting Britain building again” has appointed TruNarrative.
The Leeds regtech firm will provide a full suite of services to the bank, which will enable it to complete a risk profile for every customer, using transactional monitoring.
“GB Bank has a strong focus on technology and automation, and we are always on the lookout for new innovative businesses to partner with,” said Edward Vaughan, Head of Banking for TruNarrative.
“I am delighted that GB Bank has selected TruNarrative for compliance and financial crime technology, and we look forward to continuing to support the growth of the Bank.”
GB Bank has been established to support SME property developers.
“Since gaining our provisional banking licence we have been able to push forward at pace with the bank build and that is in part thanks to the due diligence that went into researching and securing the right technology for our needs,” added Stephen Lancaster, GB Bank’s CEO.
“We didn’t want a legacy system for GB Bank, but a bespoke and secure, customer-centred solution. TruNarrative is helping us fulfil that need and it is great to have the team on board as a partner as we move ever closer to launch.”
TruNarrative is owned by LexisNexis Risk Solutions UK.
