Intelligent SME.tech Issue 34 | Page 6

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Experian launches 4D Credit to help lenders better support small businesses to thrive and survive
Experian has announced the launch of 4D Credit – a new suite of services designed to help lenders better manage their commercial lending portfolio and provide valuable support for small businesses as they look to battle economic uncertainty .
For the first time , commercial lenders have access to Experian ’ s market-leading credit risk data and analytics capabilities all in one place . 4D Credit provides a full picture view of affordability , growth , survivability and risk by sourcing and analysing a range of relevant data sources , including credit consumption , payment behaviour and current account turnover .
Recent research from Experian , which surveyed more than 200 lenders , found that 33 % said current affordability processes and data aren ’ t sufficient enough to meet the requirements of Consumer Duty . Fiftynine percent said their data and technology needs updating for them to be fully confident that they are ensuring the good customer outcomes that Consumer Duty demands .
Million-pound fund to drive SME export growth unveiled
The Institute of Export & International Trade has launched a £ 5 million Export Support Programme to help UK businesses accelerate their journey into international trade . The announcement coincided with the United Nations ’ World MSME ( micro- , small- and medium-sized enterprises ) Day and aligns with the theme ‘ building a stronger future together ’.
Marco Forgione , Director General of The Institute of Export & International Trade , said : “ As a leading organisation in international trade , founded on the principle of equipping people and companies to trade internationally , we have designed the Export Support Package to enable UK MSMEs to fulfil their business potential through exporting .
“ The theme of this year ’ s MSME day is building a stronger future together and our team is committed to helping businesses realise their international trade ambitions .
“ The UK has signed numerous trade agreements which will benefit MSMEs across the country .”
McAfee launches powerful new online protection solution for small businesses
McAfee , a global leader in online protection , has announced McAfee Business Protection , a new comprehensive security solution for small business owners in collaboration with Dell Technologies . McAfee Business Protection helps Dell small business customers stay ahead of cyberthreats and vulnerabilities with awardwinning security , identity and dark web data monitoring , VPN , web protection for safe browsing and more .
Designed to meet the needs of growing businesses , McAfee Business Protection makes it easy for business owners to protect themselves , their employees and their livelihood by better securing employee devices and online connections from hackers , malware and viruses . McAfee Business Protection delivers awardwinning online protection that is simple , intuitive and efficient to manage . For example , business owners benefit from custom security policies allowing them to set automated rules aligned to their business needs , reducing time on IT security management while delivering powerful protection .
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