Analytics

Refreshed analytic model in FICO® Enterprise Security Score gives users unprecedented accuracy in measuring cyber breach risk HIGHLIGHTS: The latest analytic model in the FICO® Enterprise Security Score is twice as accurate at predicting a data breach as the previous model, and more than four times as powerful as the best results claimed by competing solutions. New data sources, including ... Read More »

TransUnion Reinforces Versatile Data and Analytics Capabilities with Acquisition of eBureau TransUnion (NYSE: TRU) announced today that it is continuing to build upon its success as a source of groundbreaking, versatile data and analytics capabilities with the acquisition of eBureau, a leading provider of custom-analytic solutions with both credit-risk and anti-fraud applications. eBureau’s rapid-model-development platform enables financial institutions to quickly ... Read More »

Envestnet | Yodlee, a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced its partnership with Home Credit India, one of India’s leading consumer finance providers that is committed to driving credit penetration and financial inclusion. The tie-up has enabled Home Credit India to digitize its loan approval process with Envestnet | ... Read More »

Mumbai-based InfoCredit Services Pvt. Ltd, which operates credit scoring platform CreditVidya, has raised $5 million (Rs 32 crore) in a fresh round of funding led by Matrix Partners, the company said. Existing investor Kalaari Capital, which had invested $2 million in June 2016, has also participated in the round. While Matrix put in Rs 23.81 crore, Kalaari accounted for the ... Read More »

Tinubu Square, a leading provider of trade credit risk management solutions, announces the investment of €53 million from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies.   With this capital injection, US-based investment firm Long Arc Capital takes a majority stake in Tinubu ... Read More »

Businesses on the leading edge have long recognized the importance of data and analytics to their growth strategies. Many are now investing in the role of Chief Data Officer (CDO) to drive their data management and governance initiatives. In our latest research report, “The Chief Data Officer: Powering business opportunities with data,” we take a hard look at the complex ... Read More »

BIAL and Accenture set up Co-Innovation Centre to Drive Digital Innovation Bangalore International Airport Limited (BIAL) has signed an agreement with Accenture to set up a co-innovation center that will help BIAL create an airport of the future at the Kempegowda International Airport, Bengaluru (BLR Airport). The center will incubate and develop digital solutions using future-ready technologies to provide more engaging passenger experience. BIAL ... Read More »

Editorial Comment:  When it comes to the question about the value of information businesses there is no better source than Marlin & Associates.  I have known the Managing Partner, Ken Marlin, for many years.  He is a former colleague of mine.  We both worked at the Dun & Bradstreet Corporation on acquisitions, divestitures and business development projects.  Eventually Ken decided ... Read More »

Sequel Is a Leading Software Player with a Strong Vertical Focus on Complex Commercial and Specialty Insurance Acquisition Will Strengthen Verisk’s Position in the London Insurance Market and Offers Global Growth Opportunities Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, has signed a definitive agreement to acquire Sequel from HgCapital and other Sequel shareholders. Sequel is a leading insurance ... Read More »

FICO’s Manish Gandi explains the use of alternative data in credit risk modeling “Whenever I bring up the topic of alternative data, the first question our board asks is, ‘Are we using Facebook data?’ [Manish Gandhi] This comment from a participant in our recent EMEA Risk Leadership Forum caused a lot of chuckles and nodding heads. When it comes to ... Read More »

Experian is looking to bring its DataLabs concept to SA. This was revealed by David Coleman, chief data officer at Experian SA, in a recent interview with ITWeb. The information services company says its DataLabs concept enhances innovation and enables data scientists to help enterprises solve strategic marketing and risk management problems through advanced data analysis processes, research and development. The DataLabs operates globally ... Read More »

TransUnion (NYSE: TRU) announced that it is continuing to build upon its success as a trusted source for data solutions within the insurance market with the acquisition of Datalink Services, Inc. d/b/a Compass Driving Records, a nationwide provider of vehicle and driving records. Datalink Services, Inc. offers nationwide driving and vehicle records, as well as driver pre-screening services. The addition ... Read More »