D&B joins forces with TransUnion to blend consumer and commercial credit data to assist financial, service and product providers in making confident risk management decisions

SHORT HILLS, N.J., May 17, 2010 (BUSINESS WIRE) — D&B (NYSE: DNB), has joined forces with TransUnion, a global leader in consumer credit and information management, to integrate consumer and business credit information to improve the predictiveness on small and micro business credit risk. Data and score enhancements, which utilize D&B’s proprietary DUNSRight(R) Quality Process giving customers unmatched business information, are being previewed at D&B’s booth #422 at the annual National Association of Credit Managers Credit Congress in Las Vegas today through May 18.   “With D&B’s high-quality global database of over 150 million business records and TransUnion’s 500 million global consumer credit histories, we will provide powerful analytic tools to boost our customers’ ability to assess credit-worthiness. This demonstrates our commitment to innovation, providing customer value and helping our customers decide with confidence,” said Byron Vielehr, president, D&B Global Risk and Analytics.

D&B’s Commercial Credit Score 8.0, which will be launched in August, incorporates aggregated consumer credit attributes for geographic areas with business risk information. This provides increased predictability for the credit risk assessment of small businesses that have fewer than 15 employees and often have minimal established trade credit. “Small businesses’ credit-worthiness can be correlated to consumer credit history,” noted Vielehr. “By merging the credit data from two leading companies, we elevate the predictive power of our scores and are able to help our customers make better risk decisions.”  The enhancements to the Commercial Credit Score 8.0 are the first planned innovation to improve D&B’s commercial information and insight with consumer credit data. Further enhancements to D&B data and scores are being planned for late 2010 and 2011.   “The economic decline of the last two years has made improved analytics more important than ever to our customers,” said Vielehr. “Our goal is always to give our customers unique insights to make confident decisions about their risk.”  Source: D&B Press Release

BIIA Newsletter May II – 2010 Issue