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Industry Dynamics

LexisNexis® RiskView™ Liens & Judgments Report Delivers New Confidence for Home Mortgage Lenders and Limits Risk

In the face of credit bureaus’ new restrictions on reporting liens and judgments, LexisNexis Risk Solutions provides access to detailed and reliably linked data LexisNexis® Risk Solutions announced the broad availability of LexisNexis® RiskView™ Liens & Judgments Report, which provides lenders with detailed, reliable data for making credit decisions. The new, robust data report, which relies on LexisNexis Risk Solutions ... Read More »

Publicis Groupe and Alibaba Strike Partnership

Publicis Groupe and Alibaba Group have struck a partnership to create a new Uni Desk, which is part of Uni Marketing, Alibaba’s data-powered marketing framework. The collaboration will look to benefit clients of Publicis Media, Publicis Communications and Publicis.Sapient. According to the agency, the move also reinforces its commitment to leadership in digital, data and technology. The partnership will focus ... Read More »

Salesforce Announces Strategic Agreement with Dell Technologies

Salesforce’s Intelligent Customer Success Platform to connect Dell Technologies’ sales, service, marketing and more Salesforce Einstein artificial intelligence to make customer interactions smarter and more predictive Salesforce (NYSE: CRM) and Dell Technologies (NYSE: DVMT) announced a strategic technology agreement. Extending the long-standing relationship between the two companies, Dell Technologies will expand the use of Salesforce’s market-leading sales, service, and marketing ... Read More »

Alibaba Details Its Plans for Worldwide Growth

Alibaba (BABA) executive chairman Jack Ma recently made the bold prediction that Alibaba would hit $1 trillion in gross merchandise value (GMV) by the 2020 fiscal year, and eventually serve two billion customers by 2036.  Although Alibaba currently dominates the enormous Chinese market, achieving such lofty goals obviously would require a significant global expansion. “If a company can serve two ... Read More »

LexisNexis® Risk Solutions and POOL4TOOL in Alliance to Reduce Supply Chain Risk

LexisNexis Risk Solutions announced its global alliance with POOL4TOOL, a leading procurement software vendor, to provide data that will help reduce supply chain risk and deliver world-class compliance management tools. POOL4TOOL specializes in facilitating communication between systems and is among the leading solution providers on the international market, due to its high level of Enterprise Resource Planning (ERP) integration capabilities. For LexisNexis ... Read More »

CoreLogic Acquires Mercury Network

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, announced that the Company has entered into a definitive agreement to purchase valuation technology and appraisal management platform provider Mercury Network from Serent Capital. Concurrently with entry into the purchase agreement, the company has acquired a 45 percent passive minority stake in Mercury Network. The purchase of the remaining ... Read More »

Tracking Changes in Small Business Risk Profiles Challenges Lenders

LexisNexis Risk Solutions launches LexisNexis® Small Business Monitoring that checks for targeted, material changes and updates  LexisNexis® Risk Solutions has identified a growing trend among lenders that serve small businesses—namely, the difficulty of tracking changes in the status of their risk profile.  A suite of products, including Small Business Monitoring, assists lenders with client account management by monitoring for changes in ... Read More »

Ant Financial Appears to Becoming the World’s Top Consumer Bank – If Foreign Regulators Let It Happen

The biggest obstacle for the Alibaba affiliate are strict regulations abroad In a world that embraces disruptive technology, China’s most prominent financial technology company, Ant Financial Services Group, would probably have no problems morphing into a bank, even without licenses. Beginning as an online payment processor called Alipay supporting Alibaba Group Holding’s flagship e-commerce platform Taobao, Ant Financial has expanded ... Read More »

Country Risk Climate: Asian Payments Situation Worsens

Companies in Asia are facing more overdue payments as the macroeconomic problems facing the region filter through the supply chain. In China, 80.6% of companies experienced overdue payments in 2015, with the the value of outstanding debt rising by 58.1% from 2014. In its annual corporate payments survey of Asia Pacific, credit insurance firm Coface quizzed 2,793 companies in eight ... Read More »

ISO (Verisk) Announces Strategic Alliance with IDP, Inc., to Expand ISO Preferred Data Partnership Program

ISO announced today a strategic alliance with IDP, Inc., a SaaS provider for the property/casualty insurance industry, that expands the ISO Preferred Data PartnershipTM — a new program in which ISO collects and refines raw policy data directly from insurers and submits reports on their behalf to regulators across the United States. ISO is a Verisk Analytics (Nasdaq:VRSK) business.  As part ... Read More »

Did Dodd–Frank Wall Street Reform and Consumer Protection Act Kill Financial Inclusion?

Banking and Blockchain: Why We Need an AML/KYC Safe Harbor Steven Hopkins is chief operating officer and general counsel of Medici Ventures, an Overstock subsidiary focused on the advancement of blockchain technology. In this opinion piece, Hopkins discusses issues with the global AML and KYC requirements placed on banks, concluding that, while this is encouraging blockchain innovation, more legal clarity is ... Read More »

Salesforce Delivers Einstein Account-Based Marketing — B2B Marketing Intelligence Built on the World’s #1 CRM Platform

Salesforce [NYSE: CRM] introduced Einstein Account-Based Marketing (ABM), a complete, end-to-end B2B marketing solution powered by artificial intelligence.  Built on the world’s #1 CRM platform, Einstein ABM enables marketing and sales teams to precisely target their most valuable accounts, personalize campaigns and engage with prospects at scale—improving pipeline quality and turning the hottest leads into new deals. B2B companies increasingly ... Read More »

Cyber Crime Drives Up The Cost Of Insurance

For companies and organisations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber-crime insurance, it’s free marketing for what could be a $10 billion opportunity. High-profile computer breaches like the hack of the Democratic National Committee and the Twitter Swastika Hack are reinforcing the need for protection against cyber threats, ... Read More »

Tech Arrogance , Morality and Ethics?

Private Opinion Uber’s CEO has become the latest in a long line of tech founders that have jeopardized their own company through their arrogance and inability to adapt to the demands of success. The same criticism that has been leveled at Travis Kalanick was once leveled at the founders of Google and Facebook and others. The fact is that start-up ... Read More »

Cyber Security: WannaCry Was Not A Phishing Attack

The WannaCry ransomware threat didn’t begin with malware-infected phishing emails as first suspected, according to a new analysis from Malwarebytes.  The security vendor claimed it had been “an easy mistake to make”, but that in reality, the now-infamous campaign began by scanning for vulnerable SMB ports exposed to the public Internet. Security researchers have had a busy week since the WannaCry ... Read More »