Consumer Credit Information

Personal finance company is the most comprehensive free U.S. online credit monitoring service Credit Karma announced it is adding Equifax to its flagship free credit monitoring service.  For the first time, Americans will be able to have two major credit reports monitored proactively for free, which can help them manage their credit health or stay alert of possible signs of ... Read More »

More than 100 guests from the business and political community attended the opening of the new office location at the Hellbrunner Straße 15 in Salzburg’s capital at the invitation of KSV1870 President Mag. Dr. Roland Wernik, MBA. KSV1870 Managing Director Mag. Ricardo-José Vybiral, MBA spoke about the current business and credit conditions in the Austria in general and in the ... Read More »

We opened our doors to a bright and beautiful morning on 1 July 2008. As SME Credit Bureau, we’ve helped many SMEs get access to better financing. When the Credit Reporting Act 2010 was introduced, we became Credit Bureau Malaysia and expanded our market to include helping individuals. Credit Bureau Malaysia collects and compiles credit information from various sources. We ... Read More »

Credit Bureau Cambodia (CBC) is the leading provider of financial information, analytical solutions, and credit reporting services to financial institutions and consumers in the Kingdom of Cambodia. CBC was established in March 2012 with strong support from multi stakeholders such as the National Bank of Cambodia, the Association of Banks in Cambodia, the Cambodia Microfinance Association, and the International Finance ... Read More »

Credit Bureau (Singapore) Pte Ltd (CBS) is Singapore’s most comprehensive consumer credit bureau that has full-industry uploads from all retail banks and major financial institutions. It is a joint venture between The Association of Banks in Singapore (ABS) and Infocredit Holdings Pte Ltd. The setting up of a consumer credit bureau in Singapore is a significant addition to enhance the ... Read More »

The Qatar Credit Bureau that operates under the supervision of Qatar Central Bank (QCB) is set to expand its activities. The Credit Bureau is planning to add more members and services. “We are adding new services to our bureau. The credit score models exclusively for commercial and SME customers are under process. We are collecting more details from commercial credit ... Read More »

A recent survey by TransUnion (NYSE: TRU) revealed most Hong Kongers act responsibly when it comes to credit card repayment habits, yet are still confused about credit basics.  The survey found Hong Kongers act responsibly when it comes to managing their credit cards and understand how those accounts affect their credit. In fact, more than two-thirds (67 percent) correctly reported ... Read More »

Asia Credit Bureau Holdings is the key shareholder of Infocredit Holdings, which hold significant shares in Credit Bureau (Singapore) Pte Ltd, Dun & Bradstreet Singapore and Dun & Bradstreet Malaysia, and other companies in the region providing credit information and credit bureau businesses. Over the past decade, ACB has increased its business footprint to include bureau operations and initiatives in ... 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 »

Digitalization Among Factors Pushing Millennial Credit Preferences Toward Auto and Personal Loans As the first generation to be fully immersed in mass-market digitalization, Millennials are slowing their credit card usage while increasingly using other credit products such as personal loans. A just-released TransUnion (NYSE:TRU) study found that Millennials are carrying on average two fewer bankcards and private label cards than Generation ... Read More »

Experian launches IdentityWorks(SM), a comprehensive product to detect, protect and resolve identity theft and fraud; survey underscores consumer need News of data breaches and the risks of identity theft and fraud persist, but consumers’ vigilance and awareness haven’t kept pace. A national survey by Experian, the world’s leading global information services company, revealed that not only is America’s collective guard down, ... 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 »

New collaboration helps the auto lender establish more profitable dealer relationships Equifax Inc. announced that Westlake Financial, a privately held financial company which specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts, has agreed to use its dealer intelligence platform, TradeSight®, to manage and monitor its dealer relationships. TradeSight helps lenders analyze originations, current and future dealer ... Read More »

Experian has appointed Vaishali Kasture as Managing Director and Country Manager, Experian India with immediate effect. Based in Mumbai, she will report into Experian Asia Pacific. Kasture will be responsible for all management and operations in India and will help the organization implement its short and long-term plans. Prior to this Kasture has worked at Deloitte Consulting in India for ... Read More »

Since the Credit Reporting Act came into force in Jamaica in 2010 thanks to Creditinfo and Partner efforts, tremendous positive changes have occurred in the market. 36 entities that have been registered within Creditinfo Jamaica Limited, Jamaica’s first licensed credit bureau, have empowered the automated exchange of information, which has improved loan recovery rates in the island, an outcome supported ... Read More »

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 »

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 »

—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 »