Experian Strikes Multi-Million Pound Deal with Wescot

Posted by Joachim Bartels | Aug 13, 2012 | Debt Collection and Recovery, Experian, United Kingdom, Wescot | 0 |

Experian® announced that Wescot, a leading debt collection agency, has signed a multi-million pound contract extension for the provision of data services for the next two years. The deal will give Wescot complete and accurate data to better assess debtor characteristics and enhance its collections performance.

Wescot will be one of the first clients to be migrated to Experian’s new dynamic platform, ExPin later this year. ExPin changes the way data is matched by assigning every person a unique identifier PIN which drastically reduces any chance of duplication and significantly improves overall match rates and data quality. It also maximizes the opportunity of retrieving data accurately which will enable Wescot to gain a complete and accurate profile of its customers.

Source: Experian

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.