December 31, 2003, Creditdiscovery Announces Automated Re-underwriting Technology, An Industry First

Creditdiscovery, the leader in independent online decision making for the Acquiring Industry, today announced the introduction of a new module designed to re-underwrite a merchant portfolio.

This new re-underwriting module incorporates original application data, along with renewed credit and financial information, and re-underwrites each account within a portfolio over time. As merchant's new worth, credit, and Financial resource change over time, Creditdiscovery can manage risk related to these merchants by modifying risk limits accordingly.

Creditdiscovery's re-underwriting module is now available to all clients using the 2.3 and above versions of ISO Express and Finance Express.

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