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Qarar Partners with HBL to Advance its Retail Analytics Programme

Pakistan’s largest bank HBL is proud to announce its strategic retail analytics programme in collaboration with Qarar, UAE’s leading decision analytics consultancy. With this comprehensive programme in place, HBL will be one step ahead of the industry by utilizing advanced applications and behavioural scorecards developed for the Bank by Qarar. Both organizations have shared an enduring relationship, whereby Qarar has ... Read More »

Cyber Threat: 71% of SMEs Unprepared for Cyber Risks

Small and medium sized businesses increasingly feel that they’re vulnerable to cyber threats but most aren’t prepared to meet them. A new survey from endpoint security specialist Webroot finds that 96 percent of businesses with 100 to 499 employees in the US, UK and Australia believe their organizations will be susceptible to external cybersecurity threats in 2017. But although they recognize the ... Read More »

CoreLogic Expands Property Underwriting Offering with Myriad Platform

US property data analytics provider CoreLogic has expanded its insurance underwriting capabilities with the addition of new automated underwriting platform Myriad Development. The company stated that the new solution will combine with CoreLogic’s property data to create an enhanced and efficient proprietary solution that, it claims, will transform and modernise underwriting for the insurance industry. “Myriad shares the CoreLogic commitment ... Read More »

Australia Comprehensive Credit Reporting: Government Data Sharing Push a Boon for Borrowers

The Australian government’s decision to fast track data sharing recommendations outlined in a report from the productivity commission will likely benefit Australians with a history of making their credit repayments on time, according to credit bureau Experian. The company expects borrowers with “a strong track record of making timely credit repayments” will be better recognised and rewarded from next year ... Read More »

Equifax Appoints Laura Wilbanks as Chief Marketing Officer

Equifax Inc. (NYSE: EFX) announced the appointment of  Laura Wilbanks as Chief Marketing Officer, succeeding Trey Loughran, who recently assumed the role of President of United States Information Solutions (USIS). “Laura’s rich leadership experience with our company, her ability to respond to the changing marketplace, and her tremendous capacity for thoughtful, strategic engagement with our customers, make her the ideal candidate ... Read More »

CRIF and Tongdun Technology Sign a Strategic Agreement on Building an Intelligent Integrity Network

CRIF and Tongdun Technology, leader in intelligent risk control in the Chinese market, signed a strategic collaboration agreement in Shanghai. The two companies aim to build an ‘intelligent integrity network’ by exploring data information services, big data and credit information platforms, and by leveraging risk management expertise and solutions in order to achieve financial inclusion with the provision of technology ... Read More »

Beijing’s Waning Support for Private Credit Scores

A drive by China’s big technology companies to develop credit scoring platforms, originally backed by Beijing, faces growing opposition from regulators, who fear the initiatives may threaten data security and create conflicts of interest. Two people familiar with the process told Reuters that the People’s Bank of China – which in 2015 allowed eight firms including Alibaba’s Ant Financial and ... Read More »

Experian Appoints Mohan Jayaraman To Lead Regional Expansion of its advanced analytics and business information services

Experian, the information services company, has promoted its Managing Director for India, Mohan Jayaraman, into the newly created role of Regional Managing Director Asia Pacific for Decisions Analytics (DA), Business Information Services (BI) and Data. In his new role, Mohan will drive greater collaboration across Experian’s Product, Consulting and Analytics business.  Mohan will also assume responsibility and management of Experian ... Read More »

Cyber Security: The Insider Threat

For many organisations, the greatest threat to data security is already inside the building, the insider. Whether friend or foe, insider threats can be especially hard to guard against. In 2016 ISACA ranked insiders as the second highest threat overall next to malware. I suspect the trend will continue and get much worse. Who are these people? What makes them so dangerous ... Read More »

Australian Risk Climate: Growth in Business Credit Demand Lifts, as Conditions and Confidence Improve

Business Credit Demand Index by Equifax (June 2017 Quarter):  Overall business credit applications rose +2.7% (vs June quarter 2016) Download Infographic Sydney, Australia, Thursday, 31 July 2017 –  The Quarterly Business Credit Demand Index by Equifax, which measures the level of business loan, trade credit, and asset finance applications, rose at an annual rate of 2.7% in the June quarter, compared to ... Read More »

LexisNexis Risk Solutions Drives Global Expansion with Multi-language Telematics Capability

Global insurers expanding their telematics propositions into new territories can now take advantage of the multi-language capability of the LexisNexis® Global Telematics Platform from insurance data analytics and telematics leader LexisNexis Risk Solutions.  This development can vastly improve speed to market in each territory whilst providing the benefits of a consistent platform across different geographical regions. The new multi-language capability ... Read More »

CRIF Organized its First Official Event in Romania

On June 20 at the Grand Hotel Continental in Bucharest, CRIF organized its first official event in Romania, an Executive Round Table on the roadmap towards paperless digital banking. The event was attended by bank executives and national institution representatives: executives of the Ministry of Internal Affairs; the Romania banking association; and Romania National Bank During its speech, CRIF presented and ... Read More »

Scoring Service Will Be Critical to Winning Share of China’s $5tn Mobile Payments Market

Tencent is developing a credit scoring system as it ramps up its battle with rival Alibaba for a share of China’s $5.5tn mobile payments market.  Tencent now aims to launch a similar service, which likewise accounts for users’ social and financial histories to assess their credit risk. Credit scoring is popular in China, especially among younger subscribers who lack a ... Read More »

Myanmar’s First Credit Bureau to Receive License Shortly

A Credit Bureau is an important step towards transparent financial services According to the International Finance Corporation (IFC) Myanmar’s first-ever Credit Bu­reau will launch in the next 9 to 12 months as it completes the li­censing and training process from the Central Bank of My­anmar (CBM), according to International Finance Corporation (IFC). “The CBM is due to complete the licensing ... Read More »

CoreLogic Credco and Equifax in Partnership

—New product from CoreLogic Credco and Equifax helps convert automotive dealer website traffic into identity-verified leads, with no impact to consumer credit scores— CoreLogic® (NYSE: CLGX), announced the launch of BuyerConnect, a product powered by Equifax Inc. and delivered by CoreLogic Credco that can be posted on an automotive dealer’s website to help convert anonymous web traffic into qualified leads. BuyerConnect allows ... Read More »

TransUnion CIBIL Ltd — Digitising Systems for Future-Ready Banking

The BFSI sector in India has transformed swiftly in alignment with technology. The advancement could be possible as there were no constraints with regard to age-old applications or mainframe-based technologies, says Bhuvanendran Kamak, Chief Information Officer (CIO) ,TransUnion CIBIL Ltd, in conversation with Harshal Yashwant Desai of Elets News Network (ENN).  Excerpts: How do you rate the current technology standards ... Read More »

TransUnion Announces Appointment of Todd Cello as CFO

TransUnion announced the appointment of Todd Cello as CFO. “Todd has been with TransUnion for almost 20 years and has been the CFO of our USIS and International segments, as well as VP, Strategic and Financial Planning through our changes in ownership. Todd has distinguished himself as a strong, thoughtful leader with highly valuable operating and corporate experience. Through our ... Read More »