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Australian Risk Climate: D&B Profit Expectations Index Up for Q4

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Business earnings are expected to return to pre-GFC highs during the final three months of this year on the back of sustained levels of optimism and healthy sales forecasts, with retailers particularly upbeat about increasing their profits. According to Dun & Bradstreet’s latest Business Expectations Survey, the profits expectations index has lifted to 29.1 points, up from 19.9 in the ... Read More »

LifeLock Completes Identity Theft Training for More Than 10,000 Law Enforcement Agents in All 50 States

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LifeLock, Inc. (NYSE: LOCK) and the FBI-Law Enforcement Executive Development Association (FBI-LEEDA) announced a milestone in identity theft training for law enforcement: training has now been completed in every state, as marked by an interactive educational summit last week in Cheyenne, Wyoming, the fiftieth state. Approximately 16.6 million persons or 7% of all U.S. residents age 16 or older, were ... Read More »

Europatent: Insolvency Administrator Mirko Möllen Ensures Continued Business Operations

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BIIA reported in a recent post that Europatent had entered insolvency proceedings.  Today BIIA received a press release from Europatent’s insolvency administrator Mirko Möllen of PLUTA Rechtsanwalts GmbH, who has ensured that business operations at the insolvent company EUROPATENT Gesellschaft für europäischen Patentdienst GmbH + Co. OHG will continue. “Business is good, the customers have stayed loyal to us,” said ... Read More »

Country Risk Climates: Trends to Keep an Eye On

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Austria – The abrupt departure of Finance Minister, Vice Chancellor and party chief Spindelegger will not topple the government; Israel – an interest rate cut to practically zero; Peru – the government of Pres. Ollanta Humala barely scraped through the latest confidence vote. ARGENTINA: The government’s attempts to get around Judge Griesa’s orders are getting messier and messier. While to ... Read More »

LifeLock Announces New Personalized Alerts Across Credit Cards, Checking, Savings and Investment Accounts

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LifeLock, Inc. (NYSE: LOCK) announced new product enhancements, including personalized activity alerts on credit card, checking and savings account transactions. These enhancements are available with our new expanded service offerings, LifeLock Advantage™ and LifeLock Ultimate Plus™. In addition, LifeLock Ultimate Plus members can receive these activity alerts on their investment accounts, adding some peace of mind against identity fraud in ... Read More »

More Models, More Regulations, More at Stake

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FICO’s Andrew Jennings comments in his recent Bankinganalyticsblog that to some degree, we’re living in a world where we are cursed with our own success. Financial institutions have seen tremendous benefits from analytics, and as a result, they are using predictive models on an increasingly broader scale, to measure capital reserve requirements and manage complex customer decisions. But as his ... Read More »

Panjiva: US Imports Up in July 2014

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The word from the Panjiva research team: imports to the U.S. were up in July from June, and there was a measurable year over year increase. This July showed levels of imports +2% above imports in July 2013. The numbers of these shipments coming into the U.S. changed +5% from June 2014 to July 2014. Previous years’ June to July ... Read More »

Coface Appoints Hung Wong as Asia-Pacific Regional CEO

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Coface announced the appointment of a new CEO for the Asia Pacific Region.  Hung Wong will be based in Hong-Kong and will be able to draw on extensive regional experience and a strong track record in sales, channel management and partner development to grow Coface’s business in the region. Hung Wong, 43, a science graduate from the National University of ... Read More »

BIIA Welcomes DEL-RISCO REPORTS EIRL Peru as a New Member

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DEL-RISCO REPORTS was created in order to provide Business Information services for credit evaluations in a professional way, helping prestigious companies worldwide. Julio del Risco, General Manager of DEL-RISCO REPORTS, has an experience of over 45 years in the Peruvian market providing national and international clients with business information consulting services, becoming one of the main leaders in this industry. ... Read More »

Europatent Insolvent – Possibility of Rescue

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Europatent, a German based information provider for patent information has entered insolvency proceedings and may be liquidated.  Europatent was the only information company to publish patent information online and provided search, monitoring and software services.  The company had approximately 2,000 clients. According to Guenter Gottschalk, General Manager of Europatent, the insovency procedings were initiated by the German tax authorities because ... Read More »

Standard & Poor’s Breaks into the SME Rating Segment with a ‘Ratings Lite’ Product

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European regulators have given the green light for S&P to the launch of its ‘Ratings Lite’ product for SMEs.  S&P is now quietly sounding out potential clients in the UK, France and Germany for what it calls as a ‘mid-market evaluation’.  S&P’s “mid-market evaluation” requires less detailed and less regular financial disclosures to the rating agency than it would for ... Read More »

Salesforce.com Launches Salesforce1 Community Cloud

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Salesforce.com launched the Salesforce1 Community Cloud, defining the next battleground for customer engagement. For the first time, companies can now create trusted destinations for customers, partners and employees that are not only personalized and mobile like LinkedIn, but connected to their business processes. Salesforce.com’s ecosystem has also embraced the Community Cloud. With 4,000 consultants dedicated to the digital experience, Deloitte ... Read More »

Data Security: Record Year for Data Breaches?

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Experian Data Breach Resolution released a collection of educational resources for businesses with anecdotes and advice on how to prepare for and manage a data breach. Compiled based on the company’s history of servicing some of North America’s largest data breaches, the initiative packages key learnings from Experian’s behind-the-scenes support of more than 2,000 client breaches last year. This includes ... Read More »

Alibaba Revenues Surge Ahead of IPO – Raises Valuation to $140bn

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Alibaba reports a tenfold jump from mobile devices helped drive overall revenues 46 per cent higher to Rmb15.8bn ($2.6bn) in the second quarter, while net income nearly tripled to Rmb12.3bn. Analysts have focused on Alibaba’s ability to draw mobile users to its marketplace amid fierce fighting among China’s tech groups for customers glued to their smartphones. The group said a ... Read More »

Google Acquires Video and Special-Effects Startup Zync

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Google has acquired video and special-effects startup Zync Inc. as it steps up competition against Amazon.com’s cloud-computing business.  Terms were not disclosed. Zync offers video and special-effects rendering that has been used in movies including “Star Trek Into Darkness” and “Looper.” The service operated on Amazon computers, but Google said it would move Zync to its own Cloud Platform. Google launched ... Read More »

Iosco Sounds Red Alert over Financial Hacking

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Iosco, the International organization of Securities Commissions, has sounded the alarm about the growing danger of cyber attacks on financial markets, warning that firms and regulators around the world need to address the “uneven” response to the threat of online assaults. Greg Medcraft, chairman of the board of Iosco, predicted that the next major financial shock – or “black swan ... Read More »

Equifax to Acquire Remaining 49% Stake in NettPositive

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Equifax Inc plans to acquire remaining 49 per cent equity stake in Bangalore-based data analytics and business intelligence company NettPositive, subject to necessary approvals. Equifax had acquired controlling 51 per cent stake in NettPositive in 2012 for an undisclosed amount. Following the completion of the remaining stake, the Bangalore-based company will become an operating entity of Equifax India. “NettPositive has ... Read More »

LifeLock Q2 2014 Revenues Up 29%

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LifeLock total revenue was $115.7 million for the second quarter of 2014, up 29% from $89.5 million for the second quarter of 2013.  Consumer revenue was $109.3 million for the second quarter of 2014, up 32% from $82.6 million for the second quarter of 2013.  Enterprise revenue was $6.4 million for the second quarter of 2014, compared with $6.9 million ... Read More »