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A Thing On Another B2B Note


On Another B2B Note

HNC Financial Solutions is offering Capstone Decision Manager for automating the enrollment of buyers and sellers into business-to-business (B2B) exchanges and enabling B2B credit decisioning in real-time over the Internet.

“Many traditional firms are investing heavily in hardware and software to do more buying and selling via the Internet,” said Bruce Hansen, President of HNC Financial Solutions. “Some projections indicate that over 80 percent of large corporations will use the Internet for a majority of their B2B transactions by the end of 2001. That means B2B exchanges will need to be able to sign up new merchant accounts and make credit decisions much more quickly than they do today. That’s where HNC can add great value.”

Capstone Decision Manager automates registration and credit decisioning processes on the Web. The system supports on-demand access to the exchange’s own data repositories and interfaces with business information sources, such as Dun & Bradstreet and Experian business data. Capstone’s high-speed processing usually issues approvals or denials within seconds, and allows for customization according to the business user’s own criteria and policies.

With the increasing number of businesses moving purchasing functions to Internet-based systems, demand for B2B electronic commerce is expected to mushroom over the next few years. Banc of America Securities estimates that worldwide B2B e-commerce will grow from less than $20 billion this year to roughly $13 trillion in 2004.

HNC Financial Solutions develops intelligent customer value management software solutions for the financial services and e-commerce industries. Its solutions allow firms to automate new account decisioning, detect fraud, predict profitability, and manage the customer lifecycle. For more information visit www.hnc.com or call (858) 799-3880.

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