Home » Users of Information

Users of Information

Finland’s Asiakastieto to buy Sweden’s UC from Nordic banks

The competitive landscape for business and consumer information in Sweden and Finland is about to change with Finnish business data provider Asiakastieto said on Tuesday it has agreed to buy Swedish business and credit reference agency UC from Nordic banks for 340 million euros ($415 million) in cash and new shares. The current shareholders of UC, including SEB, Nordea, Handelsbanken, ... Read More »

Moody’s Analytics Announces Cloud Services to Help Banks with Regulatory Compliance

Moody’s Analytics has enhanced its software and service offerings for the banking industry by making its regulatory compliance and balance sheet management solutions available on the cloud.  Building on its existing cloud-enabled and software-as-a-service (SaaS) solutions, this latest development comes at a time when banks are increasingly considering cloud-based and SaaS solutions as a way to reduce costs, improve speed of ... Read More »

Dun & Bradstreet Eyes Blockchain, Machine Learning Projects

Jessica Davis, Senior Editor of Information Week has recently interviewed Salem Khan, D&B’s Global Leader of Data Innovation concerning Dun & Bradstreet’s move into Blockchain and machine learning.  Dun & Bradstreet has been providing information to subscribers and customers for 177 years. Now it is exploring Blockchain and machine learning to improve its offerings. You wouldn’t normally think of a ... Read More »

Equifax Launches Solution to help Businesses better Identify Customers

Equifax Credit Information Services Private Limited (ECIS) India announced the launch of Equifax Dimensions, an innovation to provide a robust view of the customer’s credit profile for strong credit decisions and more relevant offers across the entire customer lifecycle. Equifax Dimensions is a set of 460 bureau variables that have been created by incorporating the last 24 months data of ... Read More »

UK Bans Late-payers from Government Contracts

Late-payers to be banned from UK government contracts following Carillion collapse Outsourcing giants that fail to pay suppliers on time will be banned from major contracts under new plans announced by the government today in the wake of Carillion’s collapse. The Cabinet Office has announced a package of measures which also aim to “level the playing field” so small businesses ... Read More »

TransUnion Announces Agreement to Acquire Callcredit

U.K. acquisition Expands TransUnion’s International Position TransUnion (NYSE: TRU) announced its agreement to purchase Callcredit Information Group, Ltd., the second largest and fastest growing consumer credit bureau in the U.K., headquartered in Leeds. Founded in 2000, Callcredit is a U.K.-based information solutions company that, like TransUnion, provides data, analytics and technology solutions to help businesses and consumers make informed decisions. ... Read More »

The B2B Marketing Ironies of Our Time

I’ve been noticing some ironies in the world of B2B marketing lately; you know what I mean. When the common wisdom is one thing, but the reality is another. I get annoyed, especially when the so-called common wisdom is driven by the profit motive, or by fashion, or political correctness. Let me share a few ironies that I’ve noticed, and ... Read More »

Blockchain Startup Proxeus and IBM Use Blockchain to Legally Register a Swiss Business

Proxeus uses their blockchain workflow framework to expedite the Swiss business registry process – taking only 1 hour and 37 minutes from start to finish During the DigitalSwitzerland challenge held this week, Proxeus, along with IBM and other partners, have stepped up to the challenge presented to them by drastically reducing the time needed to register a business in Switzerland, ... Read More »

Financial Inclusion:  PayPal Attracts Nonbanked Customers

PayPal Makes a Move Toward Traditional Banking by partnering with small banks to offer debit cards, direct deposit to withdraw cash at ATMs and the ability to add funds to accounts by taking a photo of a paper check or by having employers direct-deposit earnings there. PayPal Holdings Inc. is nudging its customers closer to mainstream banking services.  The San Jose, Calif.-based ... Read More »

CoreLogic Launches New Solution to Improve Income Calculation and Analysis

FactCheck Improves Mortgage Underwriting Experience by Increasing Efficiency, Accuracy and Standardization of Income Calculation CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today launched FactCheck, the mortgage industry’s most complete income calculation and analysis solution. Designed to automate, streamline and standardize the entire income calculation and analysis process, FactCheck delivers more consistent results in a fraction ... Read More »

UK’s Information Commissioner Denham Wants a Lower Threshold for Search Warrants

Speaking in London recently, Information Commissioner Elizabeth Denham said that she is in discussions with the government to secure a stronger audit power in the UK Data Protection Bill than currently planned. Speaking about the Facebook / Cambridge Analytica investigation, Denham said: “Under the GDPR I will have the power to audit all those who hold, use and share personal ... Read More »

Equifax Unveils New Analytic Dataset™ for Identifying Detailed Credit Market Signals

Highly configurable solution facilitates modeling and analytics across asset classes Equifax Inc introduced Analytic Dataset™, a new analytic tool that provides borrower-level data in an anonymous and non-aggregated format. The dataset provides key information for researchers and modelers such as credit risk scores, geography, debt balances and delinquency status at the loan level for all types of consumer loan obligations ... Read More »

Riskonnect Names New CEO

Riskonnect, the leader in integrated risk management solutions, announced the hiring of Jim Wetekamp as CEO. Wetekamp has more than 20 years of product and leadership experience, most recently serving as CEO of BravoSolution, a Chicago-based cloud procurement solutions company.  Wetekamp joined BravoSolution in 2008 following its acquisition of VerticalNet, his former employer. As that company’s CEO, Wetekamp successfully navigated ... Read More »

FICO Survey: 70% of APAC Banks Will Use AI in Collections and Recovery by 2019

Half say the biggest impact of artificial intelligence will be the ability to better optimize collection decisions  Highlights: 46 percent of banks in Asia Pacific plan to implement artificial intelligence in their collections process this year; while 24 percent indicated they will do so next year, according to a FICO survey Banks expect AI to impact their ability to optimize collection decisions and predict consumer ... Read More »

CoreLogic Acquires a la mode technologies, LLC

Expands and Scales Data-Driven Valuations Platform Offerings CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, announced the completion of the Company’s acquisition of a la mode technologies, LLC (a la mode). a la mode provides subscription based software solutions to more than 40,000 appraiser professionals across the United States. The software solutions provided by a la ... Read More »

BIIA Welcomes International Research Associated (INRA) Ltd. as a Member

International Research Associates (INRA) Ltd. was established since March 1976 by Dr. Frederic L. Ayer, known as the pioneer of credit reporting and corporate analysis in Thailand. With more than 4 decades presence in business, INRA is currently a specialized credit report provider with full of registered companies in Thailand stored in our database together with IT support for XML ... Read More »

TransUnion Boosts Entrepreneurial Innovation with New Startup Credit Kit

Startups gain access to newest TransUnion resources to fuel their businesses Access to relevant data can make or break a startup company, especially in the ultra-competitive financial services industry. To meet the needs of startups and their investors, TransUnion (NYSE:TRU) today launched the Startup Credit Kit at LendIt Fintech USA 2018, giving new companies faster access to cutting-edge alternative and trended ... Read More »

Equifax Launches NeuroDecision® Technology

This innovative technology paves the road for neural network modeling in credit scoring Equifax Inc. (NYSE: EFX) announced the launch of its innovative NeuroDecision® Technology, a patent-pending machine learning technology that paves the road for advanced neural network modeling in credit scoring. NeuroDecision Technology (NDT) is the first regulatory-compliant machine learning credit scoring system reviewed by regulators and credit scoring experts. ... Read More »