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Supplier Risk Assessment

LexisNexis® Risk Solutions and POOL4TOOL in Alliance to Reduce Supply Chain Risk

LexisNexis Risk Solutions announced its global alliance with POOL4TOOL, a leading procurement software vendor, to provide data that will help reduce supply chain risk and deliver world-class compliance management tools. POOL4TOOL specializes in facilitating communication between systems and is among the leading solution providers on the international market, due to its high level of Enterprise Resource Planning (ERP) integration capabilities. For LexisNexis ... Read More »

Experian to Make Companies’ Credit Moves Safer Overseas

Experian, the leading global financial information services company, said it plans to increase investment in the countries and regions related to the Belt and Road Initiative. It said the increased investment, especially in the Middle East, would better serve Chinese companies by offering them credit authorization, helping them link to cross-border trade partners and preventing fraud in overseas markets. “Chinese ... Read More »

Supply Chain Management:  Thomson Reuters Projects Platform Launched to Target MENA Construction Sector

Thomson Reuters launched its latest online platform: Thomson Reuters Projects. Designed to cater to professionals in an increasingly complex, sophisticated and competitive construction industry, TR Projects will introduce reliable information, transparency and actionable insight into one of the region’s key development Industries. With the construction market’s growing demand for a platform that can provide detailed project information, Thomson Reuters Projects ... Read More »

Thomson Reuters and SAP Team to Help Businesses Manage Compliance and Third-Party Risk Challenges

Integration of World-Check Data with SAP® Business Partner Screening offers organizations improved vigilance across the globe Thomson Reuters is collaborating with SAP to allow its World-Check content to be available to customers within the SAP® Business Partner Screening application. The aim is to help organizations better manage their third-party compliance and risk challenges. This will allow World-Check’s risk intelligence data ... Read More »

Largest Supply Chain Disruptions in 2016

There was an interesting study released by EventWatch highlighting the top 5 supply chain disrupting events of 2016. EventWatch monitors supply chain resiliency and found these five single events to cost the most in delays, disruptions, and risk. Here’s their list: 6.4 magnitude earthquake in Taiwan Series of earthquakes in Japan through April Super Typhoon Haima Typhoon Napartak Typhoon Medi ... Read More »

BIIA Welcomes TruNarrative as a Member

We founded TruNarrative in 2016 with a clear goal: to make safe commerce simpler. Safe commerce is simpler when IDV, Fraud and Compliance checks run in a single unified platform. Simpler for consumers, simpler for our customers. In safe commerce, you spot your good customers faster while weeding out villains more easily. You curb losses, write-offs, and fines for non-compliance. ... Read More »

CRIF and Bohai Credit enter into a strategic partnership to help solve the financing problems of Chinese enterprises

CRIF signed a collaboration agreement with Bohai Credit, a credit information company operating under HNA USOLV, a subsidiary of HNA Group, with the objective of building a supply chain finance platform to help micro, small and medium-sized enterprises in China to access credit, and manage the high costs of financing and the risk of over-indebtedness. By capitalizing on CRIF’s solid ... Read More »

Companies are Sinking in Risk: Thomson Reuters 2016 Global Third Party Risk Survey

Many companies are struggling to monitor risks posed by their suppliers, distributors and partners due to internal pressures, lack of actionable data and insufficient attention to potential consequences Global companies are opening themselves up to greater risk including bribery and corruption and modern day slavery by conducting due diligence on just 62 percent of their suppliers, distributors, and third party ... Read More »

Dun & Bradstreet Tests Blockchain for Trade Finance

Using a blockchain ledger to vet trading partners and others in the ‘financial supply chain’ would make transactions more secure and faster, Dun & Bradstreet said in an interview with the Wall Street Journal. Dun & Bradstreet Corp. is testing a Blockchain Distributed Ledger for offering its proprietary corporate data to business customers. The data and analytics company plans to ... Read More »

Dun & Bradstreet: New Global Supply Chain Solution Helps Companies Identify Human Trafficking

First Human Trafficking Risk Index that Provides Visibility into a Company’s Family Tree and Corporate Linkages Helps Prevent Key Procurement and Related Reputational Risks In a hyper-connected global economy, where businesses and consumers increasingly make decisions based upon brand reputation and responsible corporate practices, companies large and small need increased visibility into the multiple layers of their supply chain to ... Read More »

Dun & Bradstreet Recognized for providing the “Best Analytics for Credit Scoring and Supplier Risk Assessment” by Global Finance Magazine.

Global Finance Magazine named Dun & Bradstreet a 2016 global winner for providing analytics-based insight and foresight including credit scoring, country risk assessments, supplier risk assessments and business economics information. In the supply risk space, these reflect solutions that help companies better manage, understand, and take proactive actions against hidden risks that could negatively impact their network of strategic suppliers. “Dun and Bradstreet is ... Read More »

Outsell Forecasts the $1.2B Third-Party Risk & Compliance Management Market to Become Critical During Economic and Political Uncertainty

Outsell, Inc., the world’s only research and advisory firm focused on the $766 billion information industry, announced publication of a new report, “Disruptive Opportunities for Third-Party Screening.” In this report, Outsell provides an in-depth view of the third-party risk and compliance management landscape. Outsell highlights several trends that are creating challenges, yet driving opportunities in this space. Key players in ... Read More »