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Monthly Archives: July 2012
Equifax UK Cements Equifax/FICO Alliance with Appointment of Key Executive
Equifax has appointed Jake Ranson as Head of Business Operations on the Equifax/FICO Alliance, providing clients with a key point of contact for initiatives being delivered in partnership by the two companies. The Equifax/FICO Alliance was created in May 2011 … Continue reading
Credit Information Bureau of India (CIBIL): Get Credit Score before Applying For a Home Loan
Citing CIBIL data that show 88 per cent of home loan borrowers in 2011 had a credit score of 750 and above on a scale of between 300 and 900, Mr Arun Thukral, Managing Director, told a news conference that … Continue reading
Veda’s Consumer Credit Demand Index: Apr-Jun 2012 Shows Credit Demand has Flattened
The results of Veda’s Consumer Credit Demand Index for the second quarter of 2012 show that overall consumer credit demand has flattened (+0.1%), but this is an improvement from more severe weakness seen in the March quarter (-4.4%). Veda is … Continue reading
Reed Elsevier Reports 5% Revenue Growth
After delivering a solid set of results with strong earnings growth, Reed’s recovery has started to gain momentum. Underlying revenue growth was +5% (+3% excluding biennial exhibition cycle) and adjusted operating profit growth was +7%; overall growth +8% at constant … Continue reading
Baidu Q2 revenue up 60%
Baidu reported revenues of US$859 million for the quarter ended 30th June 2012 – representing a 60% year-on-year increase. Net income attributable to the company was US$436 million, a growth of 70% over last year. Diluted earnings per share in … Continue reading
FICO European Risk Survey Shows a Rocky Road Ahead
FICO’s latest survey of European credit risk managers with Efma indicates that credit demand and supply will be reduced in almost all markets. A startling 88% of respondents say that more small businesses will turn to alternative sources to fund … Continue reading