As part of our response to COVID-19., we have increased our use of real-time, granular data and forensic analysis. We are pleased to add Dun & Bradstreet data to these efforts – the industry’s largest global shared payment database. As part of this initiative, we also now offer free international data cleansing and COVID-19 scoring for our clients. To learn more about this service, please message our team here or contact admin@bakering.global

COVID-19 has served to erode the accuracy of traditional risk models and credit data sets, which were developed to account for more predictable financial and geopolitical events. In response, Baker Ing believe we must embrace credit-risk algorithms which leverage real-time payment performance data.

Our collaboration with Dun & Bradstreet’s global shared data programme makes this ambition a reality.

Such data-sharing motivates prompt payment and is proven to increase success rates in non-performing debtor segments.

Dun & Bradstreet owns the largest global shared payment database, providing real-time information on payment behaviour and default. Our collaboration ensures our clients’ debtors are motivated to settle debts as early as possible and prioritise them over other, less well-connected creditors.