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Credit agency prepares to launch online service

By NZPA

Wednesday 31st July 2002

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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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