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Tag Archives: Product Development

Using Python for Application Scoring for the First Time in the Middle East

Contribution By, Rudraksh Singh, Senior Consultant, Qarar The analytics space is home to over 50 various software solutions that address challenges in different disciplines. These software solutions can be divided into two broad categories: licensed and open-source. Although licensed software provides exceptional customer support, open-source software, which has no license fees and is freely downloadable, has the advantage when it ... Read More »

Equifax Blends Consumer and Commercial Data to Deliver Substantial Small Business Risk Prediction

Equifax Inc. (NYSE:  EFX) has announced the launch of the blended version of the Commercial Insight™ Delinquency Score, a high-performance product that predicts the likelihood of a business incurring severe delinquency (91 days or greater), charge-off or bankruptcy on financial accounts within the next 12 months.  The latest addition of this product suite is the first solution to combine consumer ... Read More »

Amazon’s new Blockchain Service Competes with similar Products from Oracle and IBM

Amazon  Web Services announced Blockchain Templates late last week, a “blockchain-as-a-service” offering that competes with similar products from Oracle and IBM. The launch shows how eager the biggest enterprise players are to get ahead in the blockchain game, even if their customers are still trying to pinpoint exactly what blockchain can do for them (and some investors are starting to temper their initial excitement). ... Read More »

WAND Building and Construction Management Taxonomy Update!

The WAND Building and Construction Management Taxonomy has undergone an extensive review and update. This taxonomy is designed specifically to tag and organize all types of documents associated with a construction project and is ideal for any construction management company.  In this revision, Building and Construction Agreements has been expanded and now includes Contract Clauses and Provisions specific to the building and ... Read More »

WAND Banking Taxonomy Review and Update

Wand has just updated the WAND Banking Taxonomy.  This taxonomy now has 1,663 terms with 1,573 synonyms covering Banking Processes, Regulations, Lines of Business, Fees, Banking Documents, and much more. The financial services industry has been quite proactive in adopting taxonomies due to complex compliance and retention requirements. WAND originally created this taxonomy leveraging experience in helping create taxonomies for dozens ... 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 »

Equifax Among Inaugural Developers in Fortellis Automotive Commerce Exchange™ Platform

New industry platform offers first seamless integration of data and services to create a more effective automotive journey Equifax Inc. (NYSE: EFX) announced that it is among the first developers to contribute application programming interfaces (APIs) to the new Fortellis Automotive Commerce Exchange™ platform. Fortellis enables developers, OEMs and dealers to leverage, build, innovate, and securely integrate solutions and workflows to transform business. ... Read More »

Cedar Rose Announces New Website Launch with Smart CR Score Calculator

The new redesign and facelift of the cedar-rose.com website allows visitors to experience a more proficient search and order process. The user experience has been simplified by an estimated 70%. Cedar Rose, which bridges the gap between business intelligence for the Middle East and the rest of the world, announced today the launch of a new CRiS (smart database) wire-frame ... Read More »

Arvato Introduces E-Commerce Accounting and Payment Solution

Standardized Accounting and Payment Processing for E-Commerce at Arvato Financial Solutions. Designed for international use and highly scalable. Aqount, Arvato Financial Solutions now allows retailers to take complete control of all their financial processes.  Aqount is the ideal solution for companies wishing to outsource complex and time-consuming financial processes from receivables management and payment processing to debt collection. Aqount is ... Read More »

Acxiom Expands its Healthcare Solutions Portfolio

Robust Data Bundle Equips Providers and Payers with Unique Insights and Indicators to Enhance Patient Engagement Acxiom® (Nasdaq: ACXM), the data foundation for the world’s best marketers, announced its Patients Insights Package, a new data offering that delivers unique patient insights to providers and payers about the communities they serve.  An addition to Acxiom’s extensive Healthcare Solutions portfolio, the Patients Insights Package ... Read More »

CoreLogic Integrates LoanSafe Risk Manager with Destiny and EPIC Loan Origination Systems

CoreLogic Brings Industry Leading Fraud Management Solution to INTEGRA Software Systems’ Destiny and EPIC Platforms CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, announced that their LoanSafe Risk Manager® Suite is now available on INTEGRA Software Systems’ legacy Destiny Loan Origination System (LOS) and INTEGRA’s next generation, web-based EPIC LOS.  When combined with the previously existing ... Read More »

Crisil Launches 11 Indices for Debt Market

Indian based rating agency Crisil (S&P Global) has launched 11 new debt indices and also announced a change in nomenclature of an existing index in line with the new norms issued by the Securities and Exchange Board of India (SEBI) for classification of mutual funds (MFs). Crisil said that the change of nomenclature has been done for the CRISIL Ultra ... Read More »

TransUnion Cibil Launches Subscription Service for Credit Score Info

Credit information company TransUnion Cibil (TU) is now offering borrowers access to their credit score and repayment history under a subscription model as against a static report.  TU Cibil is also providing consenting customers loan offers based on their scores and lending criteria provided by banks. Retail loans applications have tripled from 90 lakh applications in the first quarter of ... Read More »

Blockchain Platform for Trade Finance Distribution Launches in Dubai

Two former senior bankers have launched a new blockchain-powered auction platform for the distribution of trade finance assets, the first of its kind based out of Dubai.  Under the name TradeAssets, the online marketplace aims to put an end to banks’ current extremely inefficient process of buying and selling trade finance assets. “Now buyers and sellers are doing it by ... Read More »

Equifax India Launches Credit Insight

Equifax India, registered as Equifax Credit Information Services Private Limited (ECIS), announced the launch of Credit Insight, a data intelligence platform that provides an online access to the lending market data (both for MFI and Retail) to help understand sourcing, portfolio exposure and delinquency. Credit Insight from Equifax leverages the Equifax’s India bureau data to deliver competitive insights to organizations. ... Read More »

Instant Hit by Creditinfo: The Instant Decision Module

An Instant Hit. This is what the newest solution by Creditinfo is. Introducing the Instant Decision Module, a novelty that walks the talk and permits accurate lending decisions in an instant. It is a SAAS solution dedicated to lenders, including digital and mobile lenders from the financial and non-financial sectors, to enable automated accurate credit decisioning. The Instant Decision Module opens ... Read More »

LexisNexis Risk Solutions Launch Software Development Kit

LexisNexis Risk Solutions opens access to Global Telematics Exchange with launch of Software Development Kit In a major development for the global telematics market, insurance providers building their own customer facing websites, apps and notifications for telematics programs can now simply and cost-effectively plug into the LexisNexis® Global Telematics Platform and build innovative applications with the launch of one of ... Read More »