Credit Referencing Extract

A Credit Reference Agency is an organisation that collects information to determine people’s credit ratings and then makes this information available to organisations providing credit, such as banks, credit card, loan and finance companies.

CMP Converged Monetisation Platform. The MDS Global product that supports customer care and billing for digital service providers. produces a reciprocal data extract on the payment conduct of selected customers for Credit Reference Agencies (CRAs) and applies a defined status to each customer In the context of the Cloud Monetisation Platform, an individual or organisation who has signed an agreement to take goods and services from a service provider. A customer receives a bill associated with one or more subscriptions, and can be a single end user or a large company with many subscriptions assigned to one agreement. that reflects their payment conduct. This extract is in JSON JavaScript Object Notation. JSON is a lightweight format for storing and transporting data, often used when data is sent from a server to a web page. format.

• An extract file is automatically created detailing customer account In the Cloud Monetisation Platform, a billing entity that can be used to manage payments on one or more subscriptions or payments for services. An account can hold details such as payments or invoices. information for the customer base and stored in a predefined location ready for transmission to the CRA Credit Reference Agency. A company that collects information relating to the credit ratings of individuals and makes it available to banks, finance companies, and so on..
• CMP can be configured to allow a list of ineligible, closed or written-off Account Types to be excluded from the extract. Typically, all post-paid accounts in CMP are initially in scope to be included, however certain accounts, for example VIP accounts, can be excluded based on their account type, and individual accounts can be specifically manually excluded indefinitely or up to a specified date.
• Once the file has been created, it is transmitted to the CRA via Secure File Transfer Protocol (SFTP Secure File Transfer Protocol. A network protocol used for secure file transfer between remote systems over a secure shell.).
• The file can be archived once it has been transmitted. Files can be purged from the archive based on their creation date. An audit of the records added to each file is maintained.

Any account that was previously detected to be in a state of Fraud, Deceased, Defaulted or Settled will automatically be excluded and this exclusion is visible in AgentView The graphical user interface of the CMP that is typically used by Customer Service Agents to access CMP customer and billing data. In versions prior to CMP 8.0, this was called the CMP GUI..