The partnership addresses a persistent hurdle for organizations managing small and medium-sized business portfolios: the reliance on disconnected or outdated information. By integrating Verdata’s platform, users gain access to over 25 million records covering firmographics, regulatory status, and financial performance without the need for complex point-to-point technical integrations.
In section Releases
Verdata Integrates SMB Risk Intelligence into FICO Marketplace
Financial institutions struggling with fragmented small business data now have a new integration path. Verdata has joined the FICO Marketplace, allowing lenders and fintechs to embed its comprehensive risk insights directly into their existing decisioning workflows to accelerate underwriting and portfolio monitoring processes.
Jason Andrew, chief revenue officer at FICO, noted that the marketplace aims to eliminate friction between data acquisition and final decisioning. For lenders and payment providers, this means automating manual reviews and identifying risk signals earlier in the customer lifecycle. Verdata CEO Mike Mondelli added that the move is designed to fill critical gaps left by traditional data sources, ensuring that business intelligence remains current and actionable within the FICO ecosystem.
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