MicroBilt Launches Experian’s Portfolio Monitoring Through CreditCommander.com and XML Interface
Businesses Reduce Risk With Online Product That Alerts Them to Derogatory Changes in the Customer Portfolio
Kennesaw, GA – July 9, 2002 - MicroBilt Corporation, leading online provider of credit bureau report access, announces the product release and availability online of Experian’s Portfolio Monitoring through their website, creditcommander.microbilt.com. CreditCommander.com, the industry-leading site for businesses that access credit bureau reports will offer Experian Portfolio Monitoring through its subscription-based service. Portfolio Monitoring, previously only available through dial-up software, is an online product that alerts businesses of derogatory changes in their customer portfolio by receiving warnings whenever significant changes in the credit worthiness of an account occurs, based on new information added in through the Experian database.
MicroBilt also offers a software developer’s kit that enables a business to interface their front end or web-based application with the MicroBilt credit engine. The custom interface is provided through a COM object, http or XML properties and can incorporate the same features on CreditCommander.com such as Portfolio Monitoring.
Here’s how it works for businesses which use creditcommander.microbilt.com for accessing credit data:
- Through CreditCommander.com, their sub code will be checked nightly to see if there are any alerts regarding any businesses they have previously inquired upon.
- When an alert is found, they are notified each morning through a designated email address they provide
- They then, log on to their account at CreditCommander.com and look at the warning
- Then they can pull the detail behind the warning or a new business profile report directly from CreditCommander.com
This service is offered free through a CreditCommander.com account. Customers are only charged a normal transaction fee when they decide to pull a detail report. Interested customers can log on to CreditCommander.com today and sign up for Portfolio Monitoring through the Experian Business setup screen.
"During economic times like these, a service like Portfolio Monitoring provides businesses with a way to anticipate potential losses before they occur. Companies with credit exposure or whose businesses are susceptible to fraud can prevent losses by monitoring credit activity proactively." says, Ken Hill, President of MicroBilt. "The business world will benefit from the timeliness of being informed daily about UCC filings, Bankruptcy, legal alerts and more provided through the Experian Database."
About Experian:
Experian® enables organizations to find the best prospects and make fast, informed decisions to improve and personalize relationships with their customers. It does this by combining sophisticated and intelligent decision-making software and systems with some of the world’s most comprehensive databases of information on consumers, businesses, motor vehicles and property. Through multi-channel delivery of its Web-based products and services, Experian enables its clients to conduct secure and profitable e-business and develop state-of-the-art Customer Relationship Management (CRM) systems for communicating and building one-to-one relationships with customers. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Orange, Calif. Its 12,000 people support clients in more than 50 countries. Annual sales are approximately $1.5 billion. For more information on Experian products, visit the company's Web site at www.experian.com.
About MicroBilt:
MicroBilt, a division of Bristol Investments, Ltd., is a leader in credit bureau data access and retrieval, providing credit solutions to the Financial, Rental or Leasing, Health Care, Insurance, Law Enforcement, Education and Utilities Industries. MicroBilt is certified through and provides interfaces with the three consumer bureaus, Equifax (NYSE: EFX), Experian (London Stock Exchange: GUS) and Trans Union and the two commercial bureaus, Dun & Bradstreet and Experian Business. Bureau data is available via dedicated terminals, dial-up software, Internet web site access and through an integrated custom interface utilizing their Software Developers Kit. Automated online decisioning tools are also available through creditcommander.microbilt.com and www.FIData.com. Private company information along with knowledge-based analytical tools and information services is available through MicroBilt’s recent acquisition, Integra Information, Inc. The company also enables web sites to enhance their content offerings by delivering a CreditCommander.com, PrivateCo.com and FIData.com co-branded site to their established online communities. Formerly a First Data Corporation subsidiary (NYSE: FDC), MicroBilt Corporation, maintains offices in Georgia and New Jersey. For more information, contact MicroBilt Corporation, 1640 Airport Road, Suite 115, Kennesaw, GA 30144. Telephone: 1-800-884-4747. |