API and Integrations

Released: December 2024

Our PDF company reports have a new look in Connect API. The new design for our PDF reports reflect the modern look of our web-based company reports.

Along with the improvement in design, we have also upgraded the PDF report content in line with the availability of data via our Web and API JSON response. We expect to see between a 10-30% increase in data fields available on each Connect API PDF response per country.

As part of the PDF redevelopment, we are also utilising a new PDF rendering engine that enhances the performance of the PDF rendering process. This results in reduced latency on the Connect API responses when making requests to PDFs. The new company report PDFs for Belgium and the Netherlands will also support full-label translations in both the French and Dutch languages.

Reports for companies in Belgium, Ireland, the United Kingdom, and the Netherlands are the first set to launch in production with the new styled Connect API PDF reports.

You can view and compare the existing and new PDF report designs on the links below:

Belgium
Old Design: https://www.creditsafe.com/content/dam/local/connect/connect_legacy_be.pdf
New Design: https://www.creditsafe.com/content/dam/local/connect/connect_new_be.pdf
Ireland
Old Design: https://www.creditsafe.com/content/dam/local/connect/connect_legacy_ie.pdf
New Design: https://www.creditsafe.com/content/dam/local/connect/connect_new_ie.pdf
Netherlands
Old Design: https://www.creditsafe.com/content/dam/local/connect/connect_legacy_nl.pdf
New Design: https://www.creditsafe.com/content/dam/local/connect/connect_new_nl.pdf
United Kingdom
Old Design: https://www.creditsafe.com/content/dam/local/connect/connect_legacy_gb.pdf
New Design: https://www.creditsafe.com/content/dam/local/connect/connect_new_gb.pdf

During 2025, we will continue to roll out the new PDF report design across the remaining online report countries and will update you with the planned release dates closer to the time.

Released: October 2024

Creditsafe are pleased to announce enhancements to our business credit reports in Singapore. The updates will see enhancements to our data coverage and score accuracy.

How have Singapore reports change?

There are multiple enhancements to Singapore Reports. As a summary, you will experience the following changes:

• A new credit risk scorecard has been introduced, delivering greater accuracy in risk assessment and prediction of future default. The score range remains from 0 – 100, but the underlying score calculations will be renewed, further details can be found in the document linked below. Alongside the new scorecard, Credit Limits will also be revised, to provide a more accurate indication of risk when extending credit.
• An uplift in the availability of data across the Singapore population within previously available data points.
• New search fields for use across the Singapore population will be available.
• The Company ID number for Connect API users will remain unchanged. However, the Company ID for our GGS API users will have a different pre-fix; SG055. Please see the examples below:

Example of former GGS ID:

SG041/X/197600660W

Example of new GGS ID:

SG055/X/197600660W

• Some data within the report will move from one section to another, or from one data point to another.
• Officials which were previously included within the Director section of the report will now appear in ‘Other Officials’.
• Winding Up Notices and Litigations will remain in the Negative Information section of our Singapore reports, however, they have new variable names.

If you integrate with one of our APIs or use our SAP App, there will be changes required to your integration to benefit from some of the new enhanced datasets. For details of new and existing data fields, please take the time to review the new Singapore Data Dictionary:

Singapore Data Dictionary

Released: September 2024

Creditsafe is pleased to announce we have made some changes to our business credit reports in Indonesia. These changes will see an enhancement to the granularity and accuracy of our reports in Indonesia. 

How will reports change?

• A new Scorecard has been introduced for Indonesian businesses. We have moved from a 1 - 10 score range to a 300 - 890 score range, meaning all Indonesian businesses will be provided with a new, more granular score.
• Along with a new scorecard, credit limits have also be revised in line with the revised scoring granularity
• Credit Limits will now appear in the local currency - Indonesian Rupiah (IDR) rather than United States Dollars (USD)
• The scorecard presented for a business will be based upon the availability (or otherwise) of financial statements for that business.
• In tandem with the new more granular score, more comprehensive score exclusions will also now be available.
• Companies in ‘Liquidation’ remain ‘Inactive’ e.g. a score exclusion but are no longer categorised separately
• Additionally, score commentaries will now be available

Released: July 2024

Creditsafe are pleased to announce that a new indicator is now available in our Canadian business credit reports, for both web and API users. 

What is the Financial Trade Delinquency Score (FTDS)?

The Financial Trade Delinquency Score (FTDS) helps predict the likelihood that a company will pay its financial trade accounts in a severely delinquent manner within the next 12 months.

A severely delinquent firm is defined as a business with payments 90 days or more past due. The Financial Trade Delinquency Score uses statistical probabilities to classify companies into a risk classification from 300 to 900. This scale is based on the chance of a business experiencing the above definition of “bad” payment performance over the next 12-month period. The Financial Trade Delinquency scoring model utilizes the power of Equifax’s vast database containing information on more than three million Canadian businesses, including firmographics, public records, inquiry, industry, and small business banking trade data.

How will a Financial Trade Delinquency Score help you?

Adding the Financial Trade Delinquency Score (FTDS) to our report will provide our customers with deeper insights, enabling them to better assess risk by evaluating how customers and providers are meeting their financial obligations.

How does the Financial Trade Delinquency Score work?

Financial Trade Delinquency Score assigns a scale of risk from 300 to 900. A 300 represents businesses that have the highest probability of severe delinquency, and a 900 represents businesses with the lowest probability of severe delinquency. This number provides a direct relationship between the score and the level of risk. The marginal odds of being good, doubles for each 30 point increase. For example, a business that scores a 430, on a marginal basis, is half as risky as a business that scores a 400. This score enables a customer to utilize granular cut-offs to drive their automated decision-making process.

Released: May 2024

We are delighted to announce that Creditsafe has launched it's database in Luxembourg. This change allows us to greatly enhance the depth, quality and quantity of the data available within the Luxembourg reports.

Notable changes as part of Creditsafe Luxembourg data launch:

- Increase in coverage of companies with financial data

- A new negative rating value is being introduced to cover companies with failures or legal events that do not fall under our previous categories (e.g. controlled management, transfer of activities, fusion/absorption, provisional administrator etc.).

- Legal forms will change to more closely align with the chamber of commerce, and as a result, most Luxembourg companies will get a new Legal Form code.