MicroBilt Corporation, a leading information provider that helps banks and businesses manage risk, announced today its selection of Qsent®, a leading provider of Contact Accuracy Services™ to provide MicroBilt with highly accurate, real-time contact authentication for its online automated credit authorization solution, CreditCommander.com™. Qsent's service will be integrated to provide first-level identity validation, help fuel automated decisioning and increase operational efficiency, all of which will result in MicroBilt delivering more value to their customers.
MicroBilt plans to incorporate Qsent's Contact Accuracy Service into their flagship product, CreditCommander.com for companies to verify contact information (name, address and phone number) on applications in a pre-screening verification environment as well as to verify trade and bank reference phone numbers on application submissions. Verifying contact information of applicants and references prior to a credit check and throughout the underwriting process reduces potential problems and opens opportunities to know the customer better. Identity risk can be more closely managed, important decisioning information can be added and effective verification ensures all downstream processescredit checks, references, billing, and ongoing outreachbenefit from accurate and complete contact information for the individual.
"By adding Qsent's precise contact information designed for identity validation, MicroBilt will provide customers with additional verification tools that manage risk and avoid financial loss," states Ken Hill, President of MicroBilt Corporation.
CreditCommander.com increases companies' credit productivity by intelligently automating the process. But working off of inaccurate or incomplete customer-provided information can slow the process, require additional review or impact the effectiveness of the system. Qsent Contact Accuracy Services, integrated as an automated, real-time feed to CreditCommander.com, ensures that all contact information in a customer application is complete and accurateincluding information for the applicant, references or employers. The pay-off for this integration will come in the form of reduced risk, faster decisions and less operational overhead.
According to Steve Seminario, Qsent Vice-President of Product Marketing, "While many factors go into MicroBilt's sophisticated decisioning application, accurate contact information is fundamental to helping facilitate quick decisions, reduce errors, ensure accurate billing and help authenticate prospects. We are enthusiastically working with MicroBilt to deliver those benefits."
MicroBilt, a division of Bristol Investments, Ltd., is the leader in credit bureau data access and retrieval, providing credit, collection and data sources. 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, D&B and Experian Business as well as eFunds Corporation (NYSE: EFD) and Choicepoint (NYSE: CPS). This data access is available via the Internet at creditcommander.microbilt.com, a systems integration tool kit, dedicated terminals and dial-up software. The company also enables web sites to enhance their content offerings by delivering a CreditCommander.com private label site to their established online communities. Private company information along with knowledge-based analytical tools and information services is available through Integra Information, a division of MicroBilt. MicroBilt maintains offices in Georgia and New Jersey. For more information, go to www.MicroBilt.com or call 1-800-884-4747.
Qsent is a leading authority in Contact Accuracy Services and the use of the telephone as an authenticating source for identity. Contact Accuracy Services, using dynamically updated contact information, provides definitive answers about contact information for enterprise business applications where the precision, timeliness and comprehensive nature of the data is of high strategic value. Qsent builds trust in relationships with its data solutions partners and direct customers by strictly adhering to industry standards for data security, consumer privacy and restricted permissible use. Qsent services support enterprise business applications for identity management, risk assessment, scoring, identity theft, fraud prevention, customer development, collections, investigations, and recovery across financial services, government, commercial, and retail, shipping and logistics markets. Qsent maintains offices in Portland, Oregon, Washington, DC, Florida and Texas. For more information, please visit our website at www.qsent.com.