Credit agency prepares to launch online service

By NZPA

Wednesday 31st July 2002

Debt recovery agency Dun and Bradstreet says it expects to launch its Australasian Internet consumer credit bureau within a month.

The company says it has set up a comprehensive database to meet the needs of credit providers such as banks, institutions, retailers and telcos.

It had also installed the necessary technology and developed a range of services not currently available in Australasia, the company's chief executive officer Christine Christian said.

"They will, in a nutshell, deliver immense value to our customers' value chain offering major advantages in terms of cost, speed and competitive assessment tools."

Ms Christian said the new service was a key component of D&B Australasia's growth strategy and part of its preparation for listing on the Australian Stock Exchange in 2004.

The D&B Australasian operations were bought out by the senior management group in August 2001. Global investment fund manager AMP Henderson owns 77.5 percent of the company, which currently employs a staff of more than 400 in Australia and New Zealand.

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