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The Age of Alt: Data Commercialization Brings Alternative Data to Market

Contribution by Forrester Research  –  Jennifer Belissent’s Blog:  Jennifer serves Customer Insights Professionals We all want to know something others don’t know.  People have long sought “local knowledge,” “the inside scoop” or “a heads up” – the restaurant not in the guidebook, the real version of the story, or some advanced warning.  What they really want is an advantage over ... Read More »

Atradius Unveils Atrium – A New Online Credit Management Portal

Credit limits approved in minutes with just a few clicks Atradius announced an upgrade to its digital platform with the unveiling of ‘Atrium’, its new credit management portal. Atrium is an advanced way for business to complete credit insurance transactions creating a new level of service. The Oracle based portal is designed to evolve with digital advancements and user requirements. ... Read More »

Equifax to Acquire ID Watchdog, a Leading Identity Protection and Resolution Services Company

Equifax Inc. (NYSE: EFX) announced an agreement to acquire ID Watchdog (TSX.V: IDW), a leading identity theft protection and resolution services company providing solutions to the Employee Benefits marketplace. Based in Denver and listed on the Toronto Venture Exchange, ID Watchdog is a leading provider of identity protection and resolutions services with primary distribution through the employee benefits channel. “ID Watchdog is a respected ... Read More »

Encompass Corporation Integrates with FactSet to Offer Global Know Your Customer Capability

Encompass Corporation, creator of Know Your Customer (KYC) software for banking, finance, legal and accountancy, announced that it is teaming with FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services. The combination of FactSet’s data solutions and Encompass for KYC purposes enables truly global coverage for KYC and beneficial ownership checks. FactSet’s Data Management Solutions (DMS) ... Read More »

Paisa Bazaar Launches Campaign on the Relevance of a Credit Score

Paisa Bazaar, a marketplace for loans and cards, which has a partnership with Experian Credit Information, launched its TV campaign during the live broadcast of the India-Pakistan Champions Trophy match on Sunday, featuring several products offering customers a credit report along with monthly updates at absolutely zero cost The campaign was conceptualised by the in-house team of Paisabazaar.com and was ... Read More »

Thomson Reuters Releases BlockOne IQ into Blockchain Developer Community

Move Underlines Thomson Reuters Commitment to The Exploration of Applications of Blockchain Technology Through the Provision of Market Data Via a Smart Oracle Thomson Reuters is the first major industry player to make a smart oracle available in the blockchain ecosystem for lean experimentation purposes. Organizations are now able to represent real market conditions more accurately in their proof of ... Read More »

BIIA Member CTOS and LexisNexis Risk Solutions join forces to create a safer business environment

CTOS will offer its customers a powerful tool based on LexisNexis Bridger Insight XG platform Enables companies to verify efficiently and screen their customers under KYC requirements (From left) LexisNexis Risk Solutions marketing manager Joy Lee; LexisNexis Risk Solutions International Market Development director David Haynes; CTOS Data Systems CEO Eric Chin and CTOS Holdings group CEO Dennis Martin LEXISNEXIS Risk ... Read More »

FICO: 6 Principles for Cyber Risk Scores — and Why We Need Them

A FICO Contribution on Cyber Security Ratings The use of scores that rate a firm’s cybersecurity risk — such as the FICO® Enterprise Security Score — is picking up momentum. In an effort to ensure that these scores consistently add value, and to ensure that they help rather than harm businesses, a group of firms recently convened to develop industry standards for ... Read More »

TransUnion Introduces Find My Offer Solution

Lenders Seeking to Provide Real-Time Credit Online Can Cut Implementation from Months to Weeks with TransUnion Find My Offer Solution As financial institutions seek to improve customer experiences online, TransUnion (NYSE:TRU) announced the launch of Find My Offer to help lenders deliver relevant credit offers to consumers online. Find My Offer is a set of configurable white-label web screens that ... Read More »

Technology Disruption: Opportunity and Threat Say Asian Businesses

Disruption could be an opportunity for businesses, say 78% of Asian businesses, according to a new survey by Thomson Reuters.  At the same time, at 51%, Asia recorded the highest proportion of respondents who said that technology disrupters could be a direct threat to their business model; with 42% of European and 47 % American businesses saying likewise. Thomson Reuters asked ... Read More »

Forrester Report: A Secure Blockchain Will Transform Security and Risk Management

Secure Payments, Cryptocurrencies, Anti-Money Laundering, Identity Verification Demand New, Distributed, And Tamper-Evident Transaction Databases Forrester Research has recently issued their latest report on the above topics which should be of high interest to our members.  Compliance (KYC, Anti-Money Laundering), identity management (authentication and verification), will be key components in any blockchain transactions. Here are some of the Key Takeaways: Tougher ... Read More »

Encompass Corporation Gains International Standard for Information Security Management

Encompass Corporation, one of the leading Powerlist RegTech companies, has gained ISO/IEC 27001 – 2013 certification. ISO/IEC 27001 – 2013 is the de facto international standard for information security management and formally recognises that a company has an information management security system that is under explicit management control. Encompass Corporation works with some of the world’s largest data providers and ... Read More »

Forbes / Dun & Bradstreet Study Finds Majority of Companies Lack Tools and Investment Necessary for Analytics Usage in Business

Fifty-nine Percent of Companies Not Using Predictive Models or Advanced Analytics, Says Forbes Insights/Dun & Bradstreet Study A new study by Forbes Insights and Dun & Bradstreet, “Analytics Accelerates Into the Mainstream: 2017 Enterprise Analytics Study,” illuminates the increasingly imperative role that analytics play in driving today’s core enterprise business activities, from strategy to operations. No longer considered nice-to-have, the study, available ... Read More »

The Future of Analytics: The Revolution Will Be Unstructured

Darcy Sullivan of FICO wrote in his latest blog “The tech industry is full of predictions, but in this one, I have high confidence: The future is unstructured –– because unstructured data holds the key to the next generation of intelligent systems, which will be largely based on cognitive analytics and artificial intelligence (AI)-based applications”. Here is an interesting assessment:  ... Read More »

TransUnion and Equifax Launch Multi-Bureau Lock

Unique, two-bureau feature enhances identity theft protection, data security TransUnion® (NYSE: TRU) and Equifax Inc. (NYSE: EFX) have entered into an agreement to launch a first-of-its-kind identity theft protection feature, Multi-Bureau Lock, that allows customers to lock both their TransUnion and Equifax credit reports. This agreement reinforces Equifax and TransUnion’s shared commitment to identity theft protection and data security by making it ... Read More »