Intellect appoints Creditor Watch to reclaim credit and late payment data in Australia

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Intellect Design Arena

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Team Infinities:

Intellect Design Arena Limited, NSE Symbol: INTELLECT, BSE Script Code: 538835, It has appointed CreditorWatch, a commercial credit reporting bureau with over 50,000 customers across Australia, to deliver commercial data and insights on sole traders through to Australian Securities Exchange(ASX) listed public companies.

CreditorWatch is an Australian-owned credit reporting bureau that manages the credit files of every entity in Australia (including sole traders, trusts and partnerships) and enables business of all sizes to access credit risk information to determine the type of risk a company represents to their business. Intellect utilises the CreditorWatch API for retrieving the credit and late payment history of small to Medium Enterprise (SME) customers that is not publicly available. Intellect then derives credit scores and late payments risk scores for the Fabrics Data Services platform (FDS).

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