Dun & Bradstreet / TransUnion : Understanding risk and opportunity
Dun & Bradstreet ’ s Brian Farley discusses the company ’ s long-standing relationship with TransUnion and what sets their it apart from others
Founded in 1841 , Dun & Bradstreet has been helping its customers understand risk and opportunities in business for nearly two centuries . As a provider of data and analytics , the company serves its customers by collecting information on a global scale about hundreds of millions of different business locations worldwide . “ At
Dun & Bradstreet , we are known for providing commercial insight ,” says Brian Farley ,
Vice President and Business Segment Manager of
Third-Party Risk and Compliance at Dun & Bradstreet .
“ Two of our biggest operating areas are ownership information and financial risk . With the information we gather , we are able to provide predictive indicators and describe the future behaviours of businesses worldwide .”
Dun & Bradstreet and TransUnion
Dun & Bradstreet and TransUnion have a long history of working together . “ We ’ ve been mutual customers , as well as mutual suppliers for decades . Our services complement each other , with TransUnion focusing on consumer financial behaviours and Dun & Bradstreet focusing on commercial behaviours . Our history has really been about addressing specific customer problems by linking our expertise .”
Two key areas where Dun & Bradstreet and TransUnion are working together include fraud and micro-businesses . “ Combining both Dun & Bradstreet ’ s and TransUnion ’ s data , we are using information to develop a strong picture of not only the business entity , but also individuals associated with the business to mitigate commercial fraud and misrepresentation of identity ,” says Farley .
“ We have also been working together on a broader area – micro-businesses . This is a trend that is accelerating in our market in the wake of COVID-19 ; there has been a significant rise in remote working and freelance workers ,” he adds . “ This new approach to the working model has created these micro-businesses and this is where we are working with TransUnion to combine our mutual strengths to gain a greater understanding of these businesses and how they behave in the marketplace .”