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Cortera Launches TraitsTM for Business Analytics

Bringing the Power of Analytics to Companies of All Sizes and Analytical Skills Cortera, Inc. is pleased to announce the introduction of TraitsTM, a software tool that automatically creates statistical models in real-time to describe the patterns found in a group of companies, dramatically reducing typical modeling time and complexity. Traits users simply upload a file of companies that share ... Read More »

BIIA Chairman David Worlock writes about “The Brexit Upside”

David Worlock is Chairman of BIIA and thus we follow closely his blogs.  With Brexit underway we found his recent discussion concerning Copy Right and Data Protection and Privacy in a post Brexit regulatory scenario highly relevant.  Here is what David Worlock wrote: “With friends and colleagues in the industry I have been looking at formulating a debate to be ... Read More »

Experian and Finicity collaborate to digitize the lending marketplace with an easier, quicker and less tedious experience for consumers and lenders

New technology will allow for real-time income and asset verification from more than 80 percent of all financial accounts, making paper-based processes more obsolete Experian® and Finicity have joined together to make it easier for consumers to apply for a loan, accelerating loan underwriting and broadening loan availability. The new technology also improves accuracy and reduces fraud risk for lenders.  Experian’s new Digital Verification Solutions will ... Read More »

BIIA at the Inter-American Development Bank (IDB) Washington Conference

BIIA attended a recent meeting organized by the IDB – Inter-American Development Bank on “Credit Reporting in the Americas: The current state of the industry and its regulations”.   At the IDB conference Neil Munroe, president of ACCIS and BIIA’s deputy managing director, provided an overview of the EU’s regulatory approaches to innovation.  Neil Munroe covered the following topics: EU policy ... Read More »

Equifax Canada Advances ‘Data Democracy’ Through Equifax Ignite(TM)

Canadian businesses gain faster and greater access to data-driven insights with new analytics powerhouse Equifax Canada announced the launch of Equifax Ignite(TM), a data analytics powerhouse that can rapidly deliver business insights in a self-serve environment. Through advanced analytics such as trended payment data and enhanced risk scores, Equifax Ignite enables the development of precise, targeted insights about consumer behaviours that ... Read More »

Veda Rebrands to Become Equifax in Australia and New Zealand

Veda has today completed its rebranding process to officially become the Australian and New Zealand division of Equifax, the global information solutions company, listed on the New York Stock Exchange, and the leading provider of credit information and analysis in Australia and New Zealand.  Equifax acquired Veda Group Limited in February 2016, and has been working closely with the Veda ... Read More »

Equifax Disrupts the Global Market with Debut of Revolutionary Data and Advanced Analytics Portfolio, Equifax Ignite™

Through the optimization of differentiated data, analytical techniques, and advanced technology, Ignite redefines customer’s access to data, reduces speed to production from months to days  Equifax (NYSE: EFX) announced the global launch of its powerful analytics portfolio, Equifax Ignite™. Available now in the U.S., Canada, the U.K. and in Australia in the fall, Equifax Ignite challenges the traditional “one size fits all approach” with an innovative suite ... Read More »

TransUnion Launches Innovation Lab for Lenders

TransUnion Launches Innovation Lab to Accelerate Lenders’ Growth with Real-Time Data Access and Analytical Expertise TransUnion (NYSE:TRU) announced the launch of its Innovation Lab, a new offering to help lenders accelerate growth, power new models and identify expansion opportunities in real time. The Innovation Lab is housed in TransUnion’s Chicago headquarters and gives participants access to TransUnion’s proprietary data environment and ... Read More »

Experian Names Jawwad Rehman Managing Director for Middle East

Reporting directly to Marco Benvenuto, Managing Director for EMEA Key Markets, Jawwad Rehman, will lead a strong sales team, consultants and technical experts – all focused on expanding the Experian footprint in the region. Marco Benvenuto says: “Jawwad is a fantastic addition to the team at a crucial moment in our evolution. He will be instrumental in executing on our ... Read More »

Verisk Analytics, Inc., to Acquire Fintellix

Acquisition will extend Verisk’s expertise in development of products and data solutions designed to meet the regulatory compliance needs of financial institutions in multiple geographies Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, has signed an agreement to acquire Fintellix, a Bangalore-based data solutions company specializing in the development of data management platforms and regulatory reporting solutions for financial ... Read More »

ID Analytics Gives Lenders Deeper Insight into Consumer Credit Risk with Launch of Credit Optics Full Spectrum®

More Powerful Version of Credit Optics Assesses 75 Percent of Credit Invisible Applicants ID Analytics®, a leader in consumer risk management, announced Credit Optics Full Spectrum, the newest version of its credit score designed to give organizations a more complete, predictive picture of consumer behavior and creditworthiness.  Credit Optics Full Spectrum helps organizations make more predictive lending decisions for consumers ranging ... Read More »

Bisnode Partners with Provenir to Deliver Next Generation Flexible Risk Decisioning Solutions

Bisnode, pioneering Smart Data to enable customers to make smart decisions announces partnership with Provenir, provider of global real-time, risk decisioning solutions. The collaboration paves the way for innovative real-time risk decisioning services for European businesses. In search of growth and cost efficiency, companies in Europe seek solutions to optimize their credit risk processes. Agile solutions that can respond quickly ... Read More »

The Mizen Group Will Sell FICO TONBELLER Solutions to Businesses Fighting Financial Crime

HIGHLIGHTS: The Mizen Group will offer FICO® TONBELLER® Anti-Financial Crime Solutions to its clients in the United States FICO TONBELLER’s Siron® solutions address money laundering, tax evasion, know-your-customer and other compliance requirements The Mizen Group is a multinational financial security and corporate investigations software and technology services firm FICO and The Mizen Group, a multinational financial security and corporate investigations software firm, today announced that they have entered into a partnership ... Read More »

FactSet Strengthens Global Wealth Management Offering, Agrees to Acquire Interactive Data Managed Solutions

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has agreed to acquire Interactive Data Managed Solutions (IDMS) from Intercontinental Exchange (NYSE:ICE) for cash consideration. With more than 300 employees across 14 offices in Europe and the United States, IDMS is a leading managed solutions and portal provider for the global wealth management industry. IDMS supports the wealth ... Read More »

Experian Wins Info Security Products Guide’s 2017 Global Excellence Awards

CrossCore fraud platform receives global recognition Successfully managing fraud happens when companies stay ahead of fast-paced threats. Experian® helps businesses across the globe with this reason in mind. Our recently released fraud and identity platform, CrossCore™ won New Security Product or Service and Security Product Management / Development Team of the Year awards at the 13th Annual Info Security Products Guide’s 2017 Global ... Read More »

Acquisitions and Analytics Solutions Buoyed 2016 Business Information Industry Results

It is the annual report season and BIIA has captured below the segment results of some of the most prominent information providers who had released their earnings up to February 25, 2017.  BIIA publishes company results on a regular basis, complete with charts, however the reports are password protected.  We are offering this review as an encouragement for our readers ... Read More »