Baycorp Advantage (Veda Advantage)

DEFINITION of 'Baycorp Advantage (Veda Advantage)'

A credit bureau located in Austrailia and New Zealand. This company provides credit scoring and reporting services, as well as marketing analytics. Baycorp was founded in 1956 and is headquartered in Sydney, Australia.

BREAKING DOWN 'Baycorp Advantage (Veda Advantage)'

Baycorp Advantage was renamed Veda Advantage when it merged with Data Advantage. The Baycorp collections services division was sold off, although this entity has retained the Baycorp name.