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Aberdeen Group now Tracks over 2bn in Technology Focused IT Spend

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Aberdeen Group, one of the leading sources for technology industry data, predictive intelligence, and fact-based content is excited to announce the following important enhancements to their CI Technology Data Set. The CI Technology Data Set now tracks over $2 billion in technology focused IT spend and buying alerts annually, tracked at both the company and individual level. Using their human ... Read More »

Forrester Report: New Technologies Emerge to Help Unearth Buyer Insight

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This Forrester Report Helps to Determine which Vendors to Work with By Matching Your Process Maturity to Desired Business Outcomes New technologies that can anticipate outcomes with a significant probability of accuracy can help B2B marketing professionals entice prospects, keep customers engaged, and justify their accomplishments. Yet most B2B marketers aren’t ready to put the full power of predictive analytics into play. ... Read More »

FinTech: Technology Challenging the Need for Traditional Regulators at All

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Consumer demand for big bang disruptors can catalyze that change to happen faster than anyone predicts Technology challenging the need for traditional regulators at all Self Regulation or ‘Old Fashioned Financial Regulations? A new generation of financial technology or “FinTech” companies is once again breaking down the doors of the conservative banking business. From facilitating loans to wealth management to ... Read More »

Coface Group Revenue of H1 2015 Up 5.1%

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Total revenue for first Half of 2015 was  € 760.3 million, up 5.1% at current scope and exchange rates (+ 2.1% at constant scope and exchange rates) Combined ratio after reinsurance impacted by the increase in claims’ frequency at 81.9% (up 3.9 percentage points compared with H1-2014 and up 0.5 percentage point compared with H2-2014) Good quality net income (Group ... Read More »

Legal Entity Identifier (LEI): Alacra Launches new Search Tool for LEIs

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Alacra, a leading provider of business information solutions for financial institutions, corporations and professional service firms, announced today the launch of Alacra Resolve. Alacra Resolve is a completely new and unique approach to accessing and researching all the publicly available entity identifiers: LEI (Legal Entity Identifier) , GIIN, ticker, CIK, FRN, RSSD, and more.  In an industry first, Alacra Resolve ... Read More »

South Korea Introduces Punitive Damages Resulting from Data Breach

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South Korea amended its Personal Information Protection Act last month by adding punitive and statutory damages to the statute. The amendment will become effective in July 2016 and will allow Korean courts to award punitive damages of up to three times the actual damage from the “loss, theft, leakage, forgery, alteration, or impairment of personal information due to a deliberate act or ... Read More »

Sun Tzu 2.0: Is CyberWar the new Warfare?

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One could say based on what is happening already now the question is superfluous.  The war is already underway. For better or worse, the multitude of networks that help keep our world interconnected is a much different place today than it was in the past. Paradoxically, the networks that provide users with a wealth of information, transactional services and the like ... Read More »

RR Donnelley Plans Three-Way Split by 2016

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RR Donnelley & Sons said it would break into three companies. The stock closed up 48 cents, or 2.8%. CEO Thomas Quinlan III told investors during an investor call that the company will split its operations serving the financial printing business, its arm serving retail publishers and merchandisers, and its commercial printing and logistics business that works with large corporations. RR Donnelley is the largest ... Read More »

BIIA Welcomes FICO Philippines Branch as an Associate Member

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FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company’s groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries. Fair Isaac (ASPAC) Pte Ltd – Philippines Branch 2003 Zuellig Build, Makati Ave / Paseo ... Read More »

TransUnion Speeds P2P Lending Decisions in India

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Faircent P2P Lending utilizes TransUnion’s ability to map out potential borrowers in real time India-based peer-to-peer lending marketplace platform Faircent announced a data and solutions initiatives-based partnership with global credit and information management solutions provider TransUnion, The Economic Times reported yesterday (Aug. 10). The deal will make Faircent the first P2P lending marketplace to leverage TransUnion’s data capabilities, analytics and ... Read More »

Verisk Adds Hazard Scoring to Commercial Property Surveys to Improve Risk Selection and Loss Control

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Verisk Insurance Solutions, a leading source of information about property/casualty insurance risk, announced that the Relative Hazard Percentile is now provided on all field surveys performed by the company. By comparing a commercial property with millions of peer properties, the proprietary risk analytic helps insurers identify the need for loss control measures and make better informed risk-acceptance decisions that conform ... Read More »

Consumer Complaints: Shocking News on Debt Collection Practices

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Last month, the CFPB issued the first in a new monthly report focusing on consumer complaints. The report covers complaints by product, state and company, and each issue includes a specific product spotlight and geographic focus. This first report showcases debt collection. Debt collection represents 32% of complaints submitted in June 2015, and this is the 22nd consecutive month the ... Read More »

Alimama Launches Big Data Marketing Platform ‘Damo Jian’

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Chinese e-commerce conglomerate Alibaba Group’s (NYSE: BABA) online ad exchange, Alimama.com, announced its new big data marketing platform Damo Jian. Damo Jian will leverage Alibaba’s customer data (such as purchase history, location, browsing behavior, payment history, and social data) to provide advertising and marketing services for brands on Alibaba’s websites and partner websites. Source: Marbridge Daily (English) / Diankejie (Chinese) Read More »

Lack of Data Limits Ability to Deliver Personalized Experience

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Organisations across EMEA agree that big data is key to improving customer experience, but few use external data to achieve it Four in five organisations (81 per cent) across EMEA agree that big data is the key to helping them transform their customer experience model. This is according to Experian’s Decisioning Vision 2020 (DV2020) EMEA market research report, which analysed responses from ... Read More »

The Future of Trade Credit: One of the 10 Compelling Reasons to Attend the BIIA 10th Anniversary Business Information Conference

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“The death of trade on open account (trade credit) has been predicted many times before ….”  Will cash in advance, FinTech lending or guaranteed e-commerce transactions replace or transform traditional trade credit transactions and trade credit insurance?   To view the entire program or to register click on this link   Read More »

Arvato Financial Solutions Selects Credorax as a Merchant Acquiring Bank for E-Commerce Customers in Europe

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arvato Financial Solutions, a leading global financial services provider, has chosen Credorax, the digital merchant acquiring bank, as an acquirer. Awarded “Best Merchant Acquirer” of 2014, Credorax specifically caters to the needs of e-commerce and m-commerce merchants.  Through its Smart Acquiring solution, Credorax provides partners and customers with a single, unified and automated global-domestic platform for efficient and cost-optimised acquiring ... Read More »

FINTECH: Which City will be the Next Big Hub?

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Fintech is already disrupting the financial services sector and with it traditional financial hubs.  Same cities are now competing to become leading fintech hubs.  The following is neat story by Bobsguide.com on recent developments. As competition for the next big fintech hub heats up, governments and businesses are realising there is growing importance for a city to be a worthy ... Read More »