Baden-Baden/Schwerzenbach, January 24, 2022: Experian is expanding its strategic partnership with Intrum Switzerland and thus extending its commitment in the DACH region. Intrum clients in Switzerland now benefit from business information from Germany and Austria, enabling them to tap into additional target groups within the DACH region.
Through the partnership, Intrum is broadening its existing offering of credit rating data with German and Austrian consumer data. Companies from Switzerland can now easily obtain meaningful information about their foreign customers through an already existing interface. Whether the postal correctness of a foreign address should be checked, or a selective risk assessment of the customer should be carried out, Intrum and Experian offer Swiss companies the complete range of assessment criteria through their cooperation. With the help of the data, companies can achieve lower payment defaults due to poor creditworthiness or fraud, as well as a reduction in manual processes through more selective credit and address information.
"I am very pleased about this partnership in the DACH region. We have deliberately placed a focus on Switzerland: In this growth market, we see great opportunities to become a decisive player with our core business in the long term," comments Marco Kaiser, Vice President Business Development at Experian DACH.
On the one hand, companies that already have relationships with customers in Germany or Austria will benefit from the new offering. On the other hand, it also opens up attractive opportunities for companies that are planning to expand into the neighboring German-speaking countries but have not yet dared to do so due to possible payment defaults. The first e-commerce companies from Switzerland are already accessing the high-quality data via Intrum's Credit Information data pool. By using reliable and fast processes, they can quickly expand their customer base to the DACH region without increasing their payment default rate.
Via the customer-friendly web portal or via a modern programming interface, customers receive all information directly from a single source and can thus focus on their growth strategy.
Experian and Intrum as perfect partnersExperian is an international market leader and offers its customers high data quality and first class service availability. The company possesses expertise across a broad range of industries and combines data, technology and advanced analytics to generate meaningful insights that its clients can leverage through innovative decisioning platforms and dashboards. In doing so, Experian helps companies make data-driven, smart credit decisions, drive effective fraud & identity management, and develop and execute sustainable growth strategies.
As a leading provider of credit reports, Intrum offers address and creditworthiness data on virtually all people in Switzerland. Credit scores are updated daily thanks to Intrum's own collection data and are continuously expanded through additional external data sources. Intrum provides its clients with the best possible risk management and offers solutions for compliance checks and fraud prevention services. In addition, Intrum has its own corporate database, which, linked with the consumer database, enables a comprehensive risk assessment of all possible business partners. Thanks to meaningful credit information, Intrum supports the Swiss economy in making strategic business decisions without increasing the risk of default.
"We are excited to expand our partnership with Experian," explains Martin Honegger, Sales & Business Development Director at Intrum AG. "From now on, we can offer our Swiss customers the gold standard of credit information from the DACH region, as they already know from our Credit Information in Switzerland. With Smart Data from Experian, we are pooling our expertise to help our clients expand into neighboring countries."
Strategic partnership to be further expanded "From now on, our clients in Switzerland benefit from higher data quality from the entire DACH region as well as improved risk assessments, enabling them to tap into new target groups from the DACH region. After Experian customers have been able to obtain credit rating information from Intrum for some time, this is already the second step in a successful partnership that we will continue to expand. We will soon be presenting further joint products and services to the public," announces Reto Schläpfer, Managing Director of Experian Switzerland. The two companies are already in the planning and implementation stages of further offerings that will profoundly change and advance the Swiss information market.
About Experian DACH
Experian is the global market leader in information services. Experian helps consumers and our clients to use data with confidence.
Experian helps individuals take control of their financial affairs and gain access to financial services. Experian helps companies make smart, growth-enhancing decisions and lenders to issue credit in responsible ways. Organisations are given the tools they need to protect themselves against identity fraud and crime. In 2020, the company acquired a majority stake in the Risk Management division of Arvato Financial Solutions, thus established Experian DACH as the region's leading service provider for risk, fraud and identity management.
Experian offers companies of all sizes and from all industries the appropriate services and solutions. The company's flexible industry solutions are based on the relevant best practices. They offer e-commerce operators, insurance companies, financial service providers and telecommunications companies the best basis for their risk, fraud and identity management. Whenever required, Experian also develops tailor-made, company-specific solutions to better respond to clients’ challenges.
Experian employs around 17,800 people in 45 countries worldwide. The company continually invests in technology, people and innovation to deliver the best possible output to clients. Experian is listed on the London Stock Exchange (EXPN) and is an integral part of the FTSE 100 index.
Further information can be found at www.Experian.de