The first is the Minority and Woman-Owned Business Information Web Service. It provides minority-owned business flags such as whether a business is woman-owned, veteran-owned (both disabled and Vietnam veterans), its certification status (8A, state/local government, HUBzone), and minority type (Asian American, Black American, Hispanic American, Native American, South Asian American).
Typically, this type of data is necessary for eligibility in certain government-related programs and for meeting federal guidelines of vendor diversity, or internal diversity goals, for larger organizations.
The second new service available is the Federal Employer Identification Lookup Web Service. It provides Federal Employer Identification Numbers, also known as EINs, of over 12 million businesses in the United States.
This type of data is used for the purposes of business verification, to locate Tax ID numbers for vendors you are working with, for assisting in federal compliance with BSA and Anti-Money Laundering legislation, as well as compliance with other legislation such as the US Patriot Act.
Both of these services are related to vendor information that is often very incomplete, outdated, and inaccurate in organizations that work with a large number of vendors. These two services, especially when integrated for real-time data enhancement when new vendors are added to databases, can go a long way in improving the quality and usefulness of this internal data. Of course, it can also be used to target certain organizations for diversity programs as well.
This is a case where we have made two new services available as a result of customer demand. If you have other ideas for additional useful data sources to integrate over the Web where we make things incredibly easier for you by handling all of the data updates and data maintenance, please let us know.
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