Net 30 Blog

Archive for the ‘Cortera Credit Exchange’ Category

Congratulations to Our Comeback 2010 Contest Winners!

After a long and arduous struggle to weigh the considerable merits of our semi-finalists’ submissions, our talented panel of judges has finally emerged with our Comeback 2010 contest winners! You can check them all out here, at our official contest site: www.thecomeback2010.com We’d just like to take a moment to thank all of the entrants [...]

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Cortera Circles – the next big thing in business credit – launched at FinovateSpring 2010

In case you missed the live event here is our video from Finovate Spring 2010. Jim and Alex on stage demoing Cortera Circles. Create your Circle today! www.cortera.com

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Social networking + P2P + credit groups = a renaissance of relationships in commercial credit

What a day! Yesterday we launched Cortera Circles™ – another industry first – enabling business professionals from any organization to form their own groups of trusted peers to exchange their ratings and reviews about the businesses they interact with. Here are just a few examples of Circles created by members since we launched – all [...]

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Cortera Circles Launched at FinovateSpring 2010: New Social Networking Approach to Share Real-time Payment Info

Today we officially launch Cortera Circles™ – our latest effort to fix an industry that is in need of some new thinking and bring the best of the social web to the world of commercial credit. We have not been shy about our belief that the B2B credit information space is in desperate need of [...]

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Cortera to Present at Prestigious FinovateSpring 2010 Conference

Cortera has been tapped as one of a select group of financial technology innovators that will present at the upcoming FinovateSpring 2010 conference in San Francisco on May 11, 2010. Finovate Events (www.finovate.com) take place each spring in San Francisco and each fall in New York and are uniquely known for their fast-paced environment, and [...]

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Why Contribute to a Business Credit Bureau?

Over the last few weeks, I’ve had several conversations with credit pros in a variety of industries. And one of the running themes I’ve heard is a general lack of enthusiasm over the current state of business credit reports. “They are all the same”, “they are expensive for what you get” and “the information is [...]

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“Commercial credit bureaus you are officially on notice”

I’ve been on the road the last several weeks attending a combination of user groups and industry events in the US and in the UK. And what is striking is how credit professionals react so similarly across countries and industries when it comes to their frustrations with the current state of business information. For example, [...]

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Small businesses paying bills faster. A sign of confidence?

Today, we published our latest report of small business payment activities (see chart below). After witnessing a growing gap between the payment habits of large and small businesses – as recently as a month ago small businesses payments languished at a 38 percent higher days beyond terms (DBT) than big businesses, who had since returned [...]

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Expose Your Deadbeats Publicly – They Might Just Pay You

When we launched the Cortera Credit Exchange our primary goal (it still is) was to drastically augment the amount of information available on private companies by expanding the information sharing between credit grantors of all forms. I’m happy to report that we are seeing that exact behavior every day. Another intriguing trend is one that [...]

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Do you tell the world about your deadbeats?

Last week I received an email from a customer asking a simple question. “How do we go about contributing credit information about companies? If we run into problems with a customer, we would want the market to know what problems with payment we had.” The standard and historic answer that most credit bureaus like Cortera [...]

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