Home » Industry

Industry

Equifax Canada Empowers Businesses to Arrive at better Credit Decisions Faster, with Risk Reveal

Equifax Canada® announced the launch of Risk Reveal, the only solution in the Canadian market which leverages both commercial and consumer intelligence for a robust and predictive view of a company, as well as its owners. Combining the depth of two credit databases in one solution, Risk Reveal brings together credit scores, credit data, legal actions, and collections data for ... Read More »

Korean Credit Bureau Net Profits Up 31%

The combined net profit of six credit bureau firms in South Korea jumped 31 percent on-year in 2016, as they expanded their business portfolio into new sectors, the nation’s financial regulator said Tuesday. The combined net income of the six credit bureau firms, which collects and evaluates credit data between consumers and financial firms, stood at 57.2 billion won ($51.3 ... Read More »

Creditreform Compliance Services Establishes New Data Protection Hub

New data protection hub of Creditreform Compliance Services GmbH online! Many companies are currently faced with the challenge of examining which new legislation is relevant in the EU Basic Data Protection Regulation. The fines have risen drastically and ensure that data protection is at the top of the list of priorities.  For this purpose Creditreform Compliance Services GmbH has developed a ... Read More »

Arvato Financial Solutions Increases Stake in Brazilian Financial Services Provider Intervalor

Arvato Financial Solutions is taking its step-by-step option and has increased its holdings of Intervalor shares to 81.5 per cent. After initially acquiring 40 per cent of interest in Intervalor shares in June 2015, this is a further important step within the consistent internationalization of Arvato Financial Solutions. Both parties have come to an understanding that the financial details of ... Read More »

Dun & Bradstreet India Appoints Manish Sinha as MD

Dun & Bradstreet India — a global leader in commercial data and insights on businesses — on Tuesday announced the appointment of Manish Sinha as its Managing Director, effective May 8. “Based in Mumbai, Manish will oversee Dun & Bradstreet’s go-to-market strategy, business operations, and the delivery of business value and benefits to our customers in the region,” the company ... Read More »

GB Group Announces Pre-Close Trading Statement April 2017

GBG, the identity data intelligence specialist provided an update on its trading performance for the year to 31 March 2017, in advance of the release of its final results. Group Trading Performance:  The Board expects to report an adjusted operating profit† performance of £17.0 million (2016: £13.4 million), a 27% increase on last year and ahead of market consensus. Revenue ... Read More »

US Government Policy on Cybersecurity

The United States Government is expected to push for increased cybersecurity spending in US government, but also for increased digital surveillance and encryption work-arounds. That’s the view of some cyber-security policy experts, who said they expect the US to focus on improving cybersecurity at federal agencies while shying away from new cyber-security regulations for businesses. The US is likely to ... Read More »

Supply Chain Management:  Thomson Reuters Projects Platform Launched to Target MENA Construction Sector

Thomson Reuters launched its latest online platform: Thomson Reuters Projects. Designed to cater to professionals in an increasingly complex, sophisticated and competitive construction industry, TR Projects will introduce reliable information, transparency and actionable insight into one of the region’s key development Industries. With the construction market’s growing demand for a platform that can provide detailed project information, Thomson Reuters Projects ... Read More »

Why SMEs Need Cyber Insurance

Almost three-quarters of small and medium-sized businesses have suffered a security breach, and a report from the Federation of Small Business (FSB) says cybercrime targeting small and medium-sized businesses costs the UK an estimated £5.26bn a year.  The report also notes that it costs small businesses disproportionately more than big businesses, when adjusted for organisational size. Mike Cherry, National Chairman of the ... Read More »

UK Credit Climate: Manufacturing closures decreased in 2016!

The UK manufacturing sector saw 1,676 company closures in 2016, compared to 1,793 in 2015. The sector’s insolvency count has consistently declined over the previous 4 years, indicating a recovery from the bad reputation that lingered around it during the recession. As company closures rose 24% as a whole across the UK, it is very positive that manufacturing companies are ... Read More »

Kreditech Russia Achieves Microfinance Company Status

Kreditech Group’s subsidiary, LLC MFC “Kreditech Rus”, received the status of a Microfinance Company (MFC) on March 27, 2017 from the Central Bank of Russia. A new federal law in Russia aims to make the microfinance market transparent and understandable. It therefore requires the MFC status for all alternative lending companies operating in the country. As a Microfinance Company, Kreditech Russia ... Read More »

Stopping Fraud with Efficiency

Newest technology doesn’t mean best when it comes to stopping fraud I recently attended the Merchant Risk Conference in Las Vegas, which brings together online merchants and industry vendors including payment service providers and fraud detection solution providers. The conference continues to grow year to year – similar to the fraud and risk challenges within the industry. In fact, we ... Read More »

IBM Launches Blockchain Supply Chain for Chinese Pharma Retail

IBM is firmly solidifying its proactive lead as a blockchain solutions provider with another launch of a blockchain platform in China, this time in the pharmaceutical retail sector. Developed in partnership between IBM and Chinese supply chain management firm Hejia, the Yijian Blockchain Technology Application System was launched this week with the aim to improve the operational efficiencies of supply ... Read More »

Neustar and Google Partner to Help Brands More Accurately Measure the Impact of Their Marketing

Neustar, Inc. (NSR), a trusted, neutral provider of real-time information services, announced a new advanced marketing analytics partnership with Google. As a Google Marketing Mix Model launch partner, Neustar will help marketers more accurately analyze how their marketing investments are driving sales and help them optimize their advertising spend across multiple brands, channels and regions. This turnkey analytics offering will ... Read More »

Kreditech Appoints Senior Global Consumer Bankers to its Advisory Board

Michael Lenora, former CEO of Vanquis Bank, appointed as Independent Chairman of the Board and Andy Golding, CEO at OneSavings Bank, as Independent Board Member The Hamburg based consumer finance technology company Kreditech has appointed two new independent Board Members to further strengthen its Advisory Board: Michael Lenora joined as Independent Chairman, Andy Golding as Independent Board Member. These recognized experts ... Read More »

Global5,000 Database Updated

Global5,000, which is probably the World’s smallest, but unique marketing database, is reporting the latest changes in its database. During Q1 2017 Global5,000 added 54 new companies to the database and deleted 70 records primarily due to M&A activity.  Also, during the quarter, 1,688 records were updated.  The currency level of the database now exceeds 98% — meaning over 98% ... Read More »

Cyber Insurance: 7 Questions to Ask

Cyber insurance is a growing field putting business and security leaders to the test as they navigate the often tricky process of researching and purchasing policies. Technology is quickly changing, and so is risk.  Insurance for cyber-security is different from other types of insurance because the nature of threats is constantly changing. A hurricane doesn’t change intensity because a building ... Read More »