Regulatory SaaS technology leader Opus has announced that Alacra, its KYC and reference data management platform, has issued an update on the LEI initiative, Inside the LEI issue X, its regular newsletter on Legal Entity Identifiers (LEIs). Steve Goldstein, vice chairman of Opus, said: “The total number of LEIs issued has remained at roughly the same level for a while now. In August ... Read More »
Melanie Zimmerman, SVP at TransUnion (picture), told us an inspiring story #BIIA2017 about an initiative in India that signed up 95% of the population, many of them illiterate, with a 12-digit ID number via their mobile phones, which automatically included a bank account, and the chance to buy life insurance (for $5/year). So now the government has a population count, ... Read More »
According to the Federal Law #67-FZ of 30 March, 2015 Russian Tax authorities are entitled to check the correctness (reliability) of company data of registered and to be registered companies in the Unified State Register of Legal Entities (EGRUL Register maintained by the Federal Tax Service of Russia). As of September 1, 2017, the Federal Law #488-FZ of 28 December, ... Read More »
Suite improves identity verification process with international business and FEIN information Thomson Reuters has expanded its identity verification process — CLEAR ID Confirm — to include business and organizational data. As part of the CLEAR online investigations suite, CLEAR ID Confirm leverages comprehensive, up-to-date public and proprietary data to enable organizations to complete identity verification tasks, including risk evaluation and business vetting. The product is ... Read More »
Understand the risk posed by prospects, customers and suppliers without running a credit check. With the new Credit Risk filter from DueDil, you can automatically filter for companies based on their level of credit risk. Looking to target only low-risk prospects? Or high-risk companies that may be in need of your services? Simply apply this filter to any search to ... Read More »
India’s universal identification program — Aadhaar — suffered a setback today after the country’s Supreme Court voted unanimously in favor of individual privacy. Given the prevalence of data in today’s digital age, and the trend towards ‘smart living’ based on data, the ruling has the potential to be hugely impactful in India both now and in the future. The landmark ... Read More »
Louise Smyth has been appointed as the new Chief Executive of Companies House and The Registrar of Companies for England and Wales. She will take up leadership of the organisation in September 2017 and joins Companies House from a long career at the Intellectual Property Office, including roles as Director of IT, Director of Corporate Services and latterly as Chief Operating ... Read More »
Callcredit Information Group and DueDil have partnered to launch KYC for Business – an enhanced KYC (know your customer) service. The new KYC for Business service will offer clients the combination of two best-in-class services via one single enquiry, helping to streamline any business customer checks they need to perform whilst ensuring they are compliant. Clients of the service will be able to perform ... Read More »
Malaysian based MyData SSM has launched its first certificate for incorporation under new Company Act2016. MyCOID is a certificate of incorporation for all companies! This certificate was previously known as Form 9. You would not need to be in long queues to get your company details. Check it out here at our website! Don’t be the last to know. https://www.mydata-ssm.com.my Source: BIGdataworks.com Read More »
The Reserve Bank is looking at setting up a high level task force to prepare a road map for public credit registry (PCR) to help control loan defaults, improve credit culture and promote financial inclusion. Making a strong case for it, RBI Deputy Governor Viral Acharya said a transparent and comprehensive PCR is the need of the hour in India. ... Read More »
Beginning July 1, 2017, the three largest nationwide credit reporting agencies, Experian, Equifax and Transunion, will delete certain civil judgment and lien information from the databases they use to create credit reports? On July 1, 2017, these credit reporting agencies will begin to implement new enhanced public records standards and related requirements as a result of an enforced settlement agreement ... Read More »
In the face of credit bureaus’ new restrictions on reporting liens and judgments, LexisNexis Risk Solutions provides access to detailed and reliably linked data LexisNexis® Risk Solutions announced the broad availability of LexisNexis® RiskView™ Liens & Judgments Report, which provides lenders with detailed, reliable data for making credit decisions. The new, robust data report, which relies on LexisNexis Risk Solutions ... Read More »
In conjunction with its new regulatory framework: Information Society (2011 – 2020), a number of new registers were recently launched in Russia: Securities Register: The Central Bank of the Russian Federation (Bank of Russia) approved the provision “On requirements to implementation of activities for maintaining the Register of securities owners (No. 572-P as of 27.12.2016). The document sets the requirements ... Read More »
Hermann Hauser’s I.E.C.T. Capital Partners, Stefan Schneider and other financial investors place a seven-digit investment in kompany.com, the leading Regulatory Technology (RegTech) provider of authoritative Global Company Intelligence for Know Your Customer (KYC) & Anti Money Laundering (AML) processes. The investment will be used to expand the global footprint to cover 150 million companies worldwide and to develop new leading ... Read More »
Program aims to deliver market-leading quality, timeliness, completeness and relevance to Market Intelligence clients S&P Global Market Intelligence, a leader in multi-asset class research data and insight, announced the expanded roll out of its Quality Program to include the Capital IQ Desktop and Enterprise products. The Quality Program, long a hallmark of the SNL platform, encourages customers to identify and ... Read More »
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