Smyyth Provides Advanced Smyyth Networks™ Global Data Interchange for The Association of International Credit and Trade Finance Professionals

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Smyyth Credit Services Inc., an industry leader in credit-to-cash services and technology, has signed a strategic agreement with The Association of International Credit and Trade Finance Professionals (ICTF) to provide its the Smyyth Networks™ technology for a global credit data interchange. This powerful, state-of-the-art system will allow ICTF members to rapidly access better, more timely and less expensive business credit information.

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this data interchange is a tremendous member benefit, offering timely and in-depth trade credit information, trade references, payment scores, and industry and country benchmarking

Smyyth Credit Services Inc., an industry leader in credit-to-cash services and technology, has signed a strategic agreement with The Association of International Credit and Trade Finance Professionals (ICTF) to provide its the Smyyth Networks™ technology for a global credit data interchange. This powerful, state-of-the-art system will allow ICTF members to rapidly access better, more timely and less expensive business credit information.

Called The ICTF Global Credit Network, "this data interchange is a tremendous member benefit, offering timely and in-depth trade credit information, trade references, payment scores, and industry and country benchmarking,” states the ICTF Vice Chairman, Nick King, FACP, MICM, Financial Services Business Manager at NACCO Materials Handling Ltd., UK. "Our partnership with Smyyth represents yet another way our organization is contributing to the ICTF unique value proposition, notes ICTF’s Chairman, David Weidinger, Senior Director, The McGraw-Hill Companies.”

“As the industry leader with over a century of experience in credit-based services and technology, Smyyth understands the credit information, analytics, and credit-to-cash challenges that multinationals face,” said John Broderick, President of Smyyth Credit Services, Inc. “Implementing Smyyth Networks to power the The ICTF Global Credit Network will enable ICTF to deliver huge member benefits from better, more timely, and cheaper global credit information and benchmarking.”

ICTF and Smyyth plan to launch the services in October 2010.

About The Smyyth Family of Companies – since 1906
Smyyth provides Credit-to-Cash Services and Technology. This includes credit information, scoring, work flow, and credit insurance; accounts receivable, collection, deduction management; consulting, and profit recovery. Smyyth's Internet technologies streamlines operations, slashes costs, and increases your profits. New - Smyyth Networks™, the future of credit groups. Built on Six Sigma principles and SAS 70 Certified. http://www.smyyth.com

About The ICTF
The mission of ICTF is to advance the profession of international credit management by providing expertise, leadership, powerful connections, and leading-edge education and services. Its inaugural event in the USA and Europe is Strategic International Credit Management, Recovery and Growth in Uncertain Times, held in Brussels, Belgium on October 25-26, 2010, and Boca Raton, Florida on November 7-9, 2010.http://www.ictfworld.org

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John Broderick
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