Patent ID: 7610261

Claim:
An improved system for facilitating collection, storage and distribution of information comprising: a payment processor administrator configured to facilitate receiving from a subscriber an information acquisition request defining a selection parameter and a provider definition encoded within said information acquisition request, said payment processor administrator further configured to retrieve at least one of said selection parameter and said provider definition from payment processor parameter information, when said at least one of said selection parameter and said provider definition is not included in said information acquisition request , wherein said payment processor parameter information is derived from a payment processor; a payment processor information assimilator configured to facilitate receiving information from an information acquisition engine, wherein said information acquisition engine retrieves said information from an information provider and, wherein said information is compared to corresponding payment processor internal information to verify the accuracy of said information if said corresponding payment processor internal information exists; said information assimilator configured to combine said information into an information suite, wherein said information suite is configured to facilitate processing by a recipient to determine a risk associated with a transaction, wherein said subscriber is configured to initiate a mitigation action responsive to said risk.