Verdata, a prominent small- and medium-sized business (SMB) data and risk analytics provider, has announced a strategic partnership with global analytics software leader FICO. Through this collaboration, Verdata’s commercial risk intelligence solutions will be hosted directly on the FICO® Marketplace, giving financial institutions, payment processors, and fintech companies native access to comprehensive SMB profiles within their existing credit and risk assessment workflows.
The integration targets a persistent vulnerability in commercial underwriting: the reliance on fragmented, lagging public registries and point-to-point data checks that slow down business onboarding. By listing on the pre-vetted FICO repository, Verdata embeds its proprietary intelligence network—consisting of over 25 million records spanning firmographics, regulatory filings, live transaction indicators, and executive profiles—directly into the FICO® Platform framework. This operational alignment enables credit managers and marketplace lenders to instantly surface risk signals, streamline portfolio compliance tracking, and minimize costly manual background verification loops without needing custom software development.
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Highlighting how centralized access translates raw B2B data into immediate lending actions, Jason Andrew, Chief Revenue Officer at FICO, noted: “Financial institutions expanding their SMB portfolios need data they can act on. FICO Marketplace was built to eliminate the friction between insight and action with intelligent decisioning, and Verdata’s SMB solutions deliver critical business context our customers need, directly within the workflows where decisions are made.”
Underscoring how the infrastructure upgrades commercial decisioning agility across the corporate lifecycle, Mike Mondelli, CEO of Verdata, concluded: “By adding Verdata’s business intelligence to the FICO® Marketplace, we enable organizations to incorporate complete, current, and actionable data into their decisioning ecosystem, helping them evaluate businesses faster, act with confidence, and strengthen outcomes across the customer lifecycle.”