The credit risk and collection platform supplier scooped the Innovation Star Award for Best Credit Risk Solution at the event, held at the Credit Services Association’s annual gala dinner at the Crown Plaza Hotel in Newcastle.

It was the third year in a row that LendingMetrics has walked away with the Best Credit Risk Solution accolade at the event.

Colin White, Director of Credit Connect Media, organisers of the Awards, said

"The evening is the culmination of a body of work by an industry obsessed with technological excellence, innovation and progression. All finalists should be very proud of their contribution to this process. These awards showcase technically great products that help enhance best customer outcome experiences through lending or collections. Congratulations to all of this year’s winners and a special congratulations to our Innovational star winners."

David Wylie, Director of LendingMetrics, said: 

"It is good to see that our groundbreaking technology is again recognised by a panel of expert judges. Our automated decisioning product ADP is turning underwriting upside down by delivering massive cost savings and real-time decision making."

The Credit & Collections Technology Awards were launched in 2017 and have been created to provide a showcase from which technology specialists can present and share industry credit and collections solutions. The Awards seek to find innovation and technology which best supports customer outcome. The aim of all entrants is to provide a solution which places best customer outcome at the heart of all technology and innovation. Winner and finalist status highlight the success of companies and individuals who have led the way in enhancing credit and collections technology.