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    ContractsCredit Referencing and Identity Verification Services
    Awarded contract

    Credit Referencing and Identity Verification Services

    Awarded
    £1.5m
    Published 30 Jun 2026

    DBW seeks an integrated credit referencing and identity verification partner to consolidate current systems and enhance customer due diligence and credit risk assessment processes.

    🇬🇧United Kingdom· WalesPublished 30 Jun 2026· 3 months agoviaFind a Tender
    Awarded
    £1.5m
    Published 30 Jun 2026

    Decision brief

    4 fields
    • Contract value
      £1,506,839
      Pounds sterling
    • Closing date
      Not published
      No closing date published
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      Wales

    Suppliers

    1 supplier
    • EX
      Experian Limited
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 3 months ago.

    30 June 2026
    Awarded — no open tender advertised

    Brief

    The Development Bank of Wales (DBW) is seeking a collaborative partner to deliver an integrated credit referencing and identity verification solution. The solution should consolidate DBW's current dual-system approach into a single, streamlined platform that combines credit bureau data, identity and address verification, PEPs and sanctions screening, and adverse media monitoring. The service must support customer due diligence, credit risk assessment, and responsible lending decisions across the DBW Group, replacing separate web-based applications currently used for credit referencing and identity verification. This strategic initiative aims to drive operational efficiencies, enhance data accuracy, improve scalability throughout the customer journey, and eliminate manual data entry. A UK 6 Notice was issued on 30 March 2026 indicating the intention to award the contract to Experian Ltd.

    Track record

    2 awards · 2 winners
    Thin record

    Only 2 prior awards here — too little to read.

    In financial services, Development Bank of Wales has awarded 2 contracts to 2 suppliers.

    Who wins here
    1. Pancredit Systems Ltd1× · 50%
    2. Experian Limited1× · 50%

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY, ALLPAY LTD — the field to beat, or your route in as a partner.

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-060349

    Your fit

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    DB
    Buyer
    Development Bank of Wales
    Sector
    Financial Services