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CoinDesk Research Releases ‘Blockchains for Insurance’ Report

One of the world’s oldest financial products, and the $5tn industry that powers it, may be in for a change thanks to blockchain tech. That’s the conclusion of our latest CoinDesk Research report, “Blockchains for Insurance”. Released officially today, the report focuses on the ‘Bond of Trust’ and the commercial relationships used to deliver insurance products. Our 44-page deep dive into one ... Read More »

Alibaba, Amazon to Build Network in Bangladesh in Collaboration with the Postal Division

The postal division of Bangladesh is going to collaborate with Alibaba and Amazon to deliver their products across Bangladesh. A pilot project will be launched within a short time, said Tarana Halim, state minister for telecom and postal division, after a meeting with the postal department yesterday at her office. “We want to establish local and international partnerships, which will ... Read More »

Veda Changes Its Scoring Model

Veda has confirmed to Fairfax Media that it changed its scoring model in January, meaning some people’s scores may have increased or decreased. It maintains credit reports for millions of Australians. A spokeswoman said it notified subscribers of the change at the end of last year. She said it could only notify subscribers because of constraints under privacy laws. It’s ... Read More »

Moody’s Acquires Structured Finance Data and Analytics Business of SCDM

Moody’s Corporation (MCO) announced that it has acquired the structured finance data and analytics business of SCDM, a leading provider of analytical tools for participants in securitization markets. SCDM, based in Frankfurt, serves a primarily European client base. The acquisition further extends the geographic footprint of Moody’s Analytics’ structured finance business and expands the capabilities of its growing data, analytics and ... Read More »

Atradius Reveals the World’s Top Emerging Markets

Leading economists from trade credit insurer Atradius have released their assessment of the world’s top emerging markets of 2017.  The new economic report reveals that India, Indonesia, Kenya, Côte d’Ivoire, Peru, Chile and Bulgaria are some of the global leading emerging market economies (EMEs) to watch. According to Atradius, these economies have been boosted by higher yields, reduced concern surrounding ... Read More »

Country Risk Climate: Trade Finance Falls Victim to China’s Capital Controls

According to an article published by Global Trade Review (GTR), cross-border trade finance between Hong Kong and China is being hit by Beijing’s capital controls, with government intervention making it “impossible” to get money out of the country. The Chinese government has made both formal and informal moves to limit the amount of foreign currency that can leave the country, ... Read More »

BOL’s Revenues and Profit Rises in 2016

Business Online (BOL) total revenues were US$11.2 million, 17% year-on-year increase. BOL’s net profit also rose – up 19% year-on-year, reaching US$2.0 million. Diluted earnings per share for the year were Baht 0.09 (US$0.0025). BOL did not comment on the reason for the increases in revenues and net profit. The company remains comparatively strong in its core business, service income ... Read More »

Acxiom Expands Partnership with DataXu

First-of-its-kind partnership bridges the gap between television and digital audiences Acxiom® (Nasdaq:  ACXM) announced it has expanded its partnership with DataXu, a leading provider of programmatic marketing software, to allow DataXu to license its third-party data for advanced TV and analytics solutions. The first-of-its-kind partnership will allow advertisers and agencies to engage their own first-party audiences across all addressable channels, including TV, ... Read More »

Rocket Fuel Continues Shift to Platform Business with Restructuring Initiative

Rocket Fuel, one of the leading predictive marketing platform provider, announces organizational changes that are expected to accelerate its ongoing transformation into a leading SaaS-based platform solutions company. “In the third quarter of 2016, we experienced growth of 141% in our platform business, and signed our first platform agreement with a major US agency holding company.  We are continuing our ... Read More »

FICO and EC Wise Announce Partnership for Streamlining Cybersecurity Risk Assessment and Mitigation

Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced that EC Wise has joined FICO’s Enterprise Security Score partner program.  Through the partnership, EC Wise will incorporate the  into its EC:Secure portfolio of products and services, which enable clients to accurately assess cybersecurity risk within their own organization, as well as any organization they wish to work ... Read More »

Axis Bank to Sell 14 million Shares in Experian India

India’s third largest private bank Axis Bank Ltd said in a statement that it has signed an agreement to sell 14 million equity shares in Mumbai-based Experian Credit Information Co. of India Ltd for a total cash consideration of Rs64 crore.  The deal for the 10% stake was closed at a price of Rs45.7 per share. The transaction, which is ... Read More »

TransUnion Q4 2016 Revenues Up 13%

Company Announces Three-Year up to $300 Million Share Repurchase Program Total revenue was $436 million, an increase of 13 percent, both as reported and on a constant currency basis compared with the fourth quarter of 2015. Acquisitions accounted for a 3 percent increase in revenue. Net income attributable to TransUnion was $50 million compared with $19 million in the fourth ... Read More »

Experian and Lenddo Provide Financial Inclusion to Millions of Customers in Indonesia and Vietnam

Experian announced a partnership with Lenddo, a leader in non-traditional data solutions, as part of Experian’s Consumer Financial Inclusion Indexing platform in Indonesia and Vietnam. Using Experian’s global expertise and knowledge, the introduction of Lenddo’s technology into Experian’s platform will provide financial firms with more information to offer appropriate financial services. Consumers who are unbanked or underserved by major financial ... Read More »