South Plainfield, NJ, January 20, 2014 – Credit2B, the world’s leading web-based trade credit community of industry-focused suppliers and financial services companies sharing real-time payment experiences from common customers, made a significant upgrade to its technology infrastructure, which will allow for faster processing of larger amounts of data and analysis for its approximately 1,300 clients in a wide range of industries.
“Our upgraded server software provides enhanced diagnostics for system optimization and our expanded server capacity for processing larger amounts of data. Credit2B’s new dedicated cloud servers are highly secure and extremely scalable to meet the growing needs of the business” said Larissa Trofimov, CTO of Credit2B and a former software developer at D&B. Credit2B’s technology is ISO 27001 Certified, HIPAA compliant, PCI Level 1 Service Provider Certified, and SSAE16 certified and Tier III Standards Compliant. Trofimov further explains that Credit2B’s data need is vastly more complex because it includes the massive amounts of data from peer-to-peer experiences, combined with accounts receivable, public filings, bankruptcies and business demographic data from credit bureaus like D&B, Experian or Equifax. She adds “we chose an infrastructure vendor that is one of the best in the world, including being one of Amazon Web Services’ certified global partners.
“Over the past 18 months, our product and technology teams worked tirelessly to enhance the core Credit2B product, launch it mid-year 2013, and then migrated our clients onto the system” commented Bonnie Gerrity, Credit2B’s VP of Product and a former credit lending officer at a major bank. “We are at an exciting time in our history with significant investments in robust technology that will give our clients better access to real time data, and a better way to access it. Our system allows clients to see real-time changes in customer information from their connected peers on the system and automatically update scores, ratings and other risk elements. For example, when pulling a report on a particular high risk customer, a Credit2B user will see alerts from peers that could have happened minutes prior.” Credit2B believes that the real intelligence about a business’ ability to pay its bills on time and within terms is best sourced from all the payment experiences of the trade suppliers to that customer.
The company has been on an aggressive innovation schedule, rolling out major releases of the new product over the last six months. Credit2B expects to release four major enhancements to the platform through 2014, including a range of smart tools, international data and mobile capabilities. Recent news in Credit Today provides additional insight on how this platform is making a positive impact on Credit2B’s community of users.
Using patent-pending technology, Credit2B is a platform that empowers organizations and their credit teams to seamlessly exchange trade credit data and share experiences on commons customers in real time. Built as a scalable, cloud-based application, Credit2B today delivers remarkably high quality and timely credit information, including fully-integrated and detailed public filing and business credit bureau data. Credit2B is simple to join, create peer and data connections and access huge amounts of information on common customers through a high-fidelity experience. For more information about Credit2B’s data insight and credit intelligence contact Bonnie Gerrity at firstname.lastname@example.org.