D&B Small Business Risk Insight Gains Industry Support; Solution Debuts with Access to Market-Leading Decisioning Platforms.Business Editors D&B (NYSE NYSE See: New York Stock Exchange : DNB DNB Dictionary of National Biography DNB Drum N Bass (music) DNB De Nederlandsche Bank DNB Dun & Bradstreet (stock symbol) DNB Den Norske Bank DNB David Nelson Band ), the leading provider of global business information and technology solutions, announced today the launch of Small Business Risk Insight (SBRI SBRI Small Business Research Initiative SBRI Serikat Buruh Rokok Indonesia (Indonesia Cigarette Factory Workers Union) (TM)). SBRI will offer participating financial institutions a means to share and access a new, independent database of highly predictive financial performance data about their existing and prospective small business customers. D&B announced its intention to build and offer SBRI in February February: see month. 2002. Since that time more than 16 leading financial institutions and leasing companies have recognized the competitive advantage that SBRI provides to drive efficiency into their underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. processes and enable them to make better, more confident small business risk management decisions. Some of the SBRI participants include:
Banks and Credit Card Issuers Leasing Companies
- MBNA - Wells Fargo Financial Leasing
- Fleet Bank - CitiCapital
- Wachovia Corporation - CIT Group
- Huntington Bank - De Lage Landen Financial
- Union Bank of California - Great American Leasing
- First National Bank of Omaha - Marlin Leasing
- Ikon Financial
- IOS Capital
- LeaseComm
- John Deere Credit
As part of D&B's agreement with Fair, Isaac announced last week, SBRI is currently the only database of its kind that will be accessible through Fair Isaac's market-leading decisioning platforms including its LiquidCredit(R) service, SEARCH(TM) and ScoreWare(R) software. Fair, Isaac's platforms, already utilized by most leading financial institutions, will provide customers with seamless access to SBRI beginning in September September: see month. 2002. To provide customers with their choice of preferred method to integrate SBRI information into existing decision-making processes Presented below is a list of topics on decision-making and decision-making processes: | width="" align="left" valign="top" |
| width="" align="left" valign="top" | The majority of leading financial institutions already utilize D&B when making small business lending decisions. Building on this foundation, SBRI offers many unique competitive advantages available only from D&B including: - D&B's patented matching technology and data integration expertise, built on the strength of the D&B D-U-N-S(R) Number, which drives a higher rate of matched records. - The ability to understand aggregate risk exposure across an enterprise by leveraging D&B's unique corporate linkage capability. This enables financial institutions to understand whether an applicant already has credit outstanding with another participating division of the same enterprise. D&B will continue to provide SBRI customers with access to the D&B global database, which contains information on more than 75 million businesses - 13 million of them U.S. small businesses(1), as well as D&B scores and behavior models to assess and predict a small business's risk potential. The D&B global database contains commercial trade and commercial public record data such as suits, liens, judgments and bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most information. "Our ability to rapidly gain the trust and support from many leading financial institutions validates SBRI's unique and compelling value proposition. By participating in SBRI, financial institutions are virtually guaranteed to make better, more confident small business credit and risk decisions," said Allan Z. Loren, chairman and chief executive of D&B. "SBRI will enhance our current business and positions us for growth by allowing D&B to participate in more small business transactions." About D&B D&B (NYSE: DNB) provides the information, tools and expertise to help customers Decide with Confidence. D&B enables customers' quick access to objective, global information whenever and wherever they need it. Customers use D&B Risk Management Solutions to manage credit exposure, D&B Sales & Marketing Solutions to find profitable customers and D&B Supply Management Solutions to manage suppliers efficiently. D&B's E-Commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. Solutions are also used to authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. and verify (1) To prove the correctness of data. (2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate. potential trading partners online, increasing trust and confidence in e-commerce transactions. Over 90 percent of the Business Week Global 1000 rely on D&B as a trusted partner to make confident business decisions. For more information, please visit www.dnb.com. Fair, Isaac, LiquidCredit, SEARCH and ScoreWare are trademarks or registered trademarks of Fair, Isaac and Company, Inc., in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or in other countries. (1) Businesses with less than 25 employees |
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