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Author Archives: Lakefront Media

Outsell Inc. Report: Company Information Market will Grow 6% in 2012

BIIA co-founder member Outsell has just released its report on the B2B Trade Publishing and Company Information market.   In this report Outsell provides an in-depth view into the B2B Trade Publishing & Company Information market. This report includes detailed analysis of market trends and our forecast for this segment’s growth and performance to 2015. Additionally, Outsell’s 10 to Watch section ... Read More »

China Risk Climate: Listed Companies Report Sharp Rise in Accounts Receivables

Chinese listed companies have reported a sharp rise in unpaid bills during the third quarter, in one of the clearest signs yet of the toll that China’s economic slowdown is taking on corporate balance sheets.  A Financial Times analysis revealed that 66 per cent of listed Chinese companies that have reported third-quarter results showed a year-on-year increase in such unpaid ... Read More »

Greetings from the Hurricane Front – Part II –

In response to our posting about Hurricane Sandy we received many messages appreciating our difficulties and wishing us well.  We thank our readers for their concerns and good wishes.  Only now the real damage is becoming visible and the original damage estimate of US$20 has to be revised upward closer to US$100 billion.  The damage to the infrastructure is so ... Read More »

Greetings from the Hurricane Front

Your Editor in Chief resides most of the time in Ridgewood, New Jersey.  While his residence has been spared of major damage, the approaches to his residence are blocked; there will be no electric power, no telephone landlines and Internet for at least a week.  The town has been hit hard because most of the houses are under huge old ... Read More »

Credit Bureau’s Information and Service – Small Medium Enterprises (SMEs) from International Lender Perspective

Paul Ip, Country Credit Head, Consumer Banking, Standard Chartered Bank Taiwan Limited, presented at the 8th WCCRC conference in Taipei on October 23, 2012 and offered a lender’s perspective of what he expects from a credit bureau in regard to SME credit reporting.  Given the short comings of SMEs in transparency it is more difficult to assess the credit worthiness ... Read More »

Thailand: A Resilient South East Asian Market

Reciprocus International has recently issued its report on Thailand, as an attractive destination for direct investment.  Thailand’s fundamentals remain strong after several years of political unrest, natural disasters and global recession.  Its innately resilient nature is shining bright as the tiger wakes up to renewed interest from abroad and an accelerating economy at home. Positioned as one of Asia’s busiest ... Read More »

South Carolina Department of Revenue Reports Cyber Attack Leaving Millions Vulnerable

The South Carolina Department of Revenue today announced that approximately 3.6 million Social Security numbers and 387,000 credit and debit card numbers have been exposed in a cyber attack.  Of the credit cards, the vast majority are protected by strong encryption deemed sufficient under the demanding credit card industry standards to protect the data and cardholders. Approximately 16,000 are unencrypted. ... Read More »

Alibaba Eyes Online Financing Partnership

According to media reports, Alibaba Group chairman and CEO, Jack Ma, is looking to establish a joint venture to create an Internet-based financing business. The two other partners involved are reportedly represented by Ma Huateng, founder and CEO of Chinese Internet firm Tencent Holdings and the Ping An Insurance Group, respectively. In April 2010, Alibaba was granted a license in ... Read More »

Country Risk Climate: Trends to Keep an Eye On

Czech Republic – in a stronger position than other EU countries; Hungary – an interest rate cut to test the waters; Peru – improved credit rating; Singapore – prospects for the SGD and the economy; Slovakia –weaker, but not headed for a recession; Sri Lanka –robust economic trends, internally and externally. Other countries in this report:  ITALY, IVORY COAST, PANAMA, ... Read More »

PERC releases new report, “The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utility Payments”

In response to questions regarding the June 2012 release of the report, “A New Pathway to Financial Inclusion,” the Policy and Economic Research Council (PERC) released a follow-up report focusing on the impacts of reporting moderately late payments to (CRAs), also known as credit bureaus. “The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utility Payments,” addresses the accusation ... Read More »

Connotate and Systech Partner to Leverage Web Data for Business Intelligence

Connotate Will Enable Systech to Apply Its Proven Methodology to Create Valuable Data Sets From Sources Outside the Firewall Connotate announced it is partnering with Systech Solutions, Inc., a leading provider of business intelligence, to develop new best practices at the intersection of Big Data and digital strategy. With over 100 clients in key industry sectors, Systech has extended its ... Read More »

Panjiva Supply Chain News: July Trade Data may Indicate Green Shoots

The word from the Panjiva research team: trade activity experienced a healthy bump in July. Specifically, the number of waterborne shipments coming into the U.S. experienced a 9% month-over-month increase from June to July. Previous year’s June to July changes: +5% in 2011, +2% in 2010, +12% in 2009, +8% in 2008. The number of global manufacturers shipping to the ... Read More »

Cortera B2B Purchase Insights Provides Organizations with Purchase and Payment Behavior Data on 20 million U.S. Companies

Cortera®, a provider of comprehensive business-to-business payment and purchase data and insights for U.S. companies, has launched its B2B Purchase Insights solution, which enables sales, marketing and finance executives to better research and understand their customers, prospects and suppliers by gaining visibility into what they purchase, how they pay and how their purchase and payment behavior changes over time. B2B ... Read More »

Financial Inclusion and Literacy: McGraw-Hill and Better Business Bureau Launch Free Personal Finance App for Military Families

The McGraw-Hill Companies (NYSE: MHP), in partnership with Better Business Bureau (BBB), launched a free mobile app designed to help America’s military families make better personal decisions to ensure their financial independence.  The Military & Money App is the first financial educational app that provides service members and their spouses easy-to-use and practical money management tips, including tools to reduce ... Read More »

Salesforce.com Expands Social Network for Businesses

Salesforce.com (CRM) sees a market in helping companies get more social. Salesforce.com on Tuesday is set to officially announce an extension of its Chatter social network for corporate customers.  The extension, called “Salesforce Communities,” is designed to help companies more socially interact with customers and others outside of their walls, says Doug Bewsher, senior vice president of Salesforce Chatter. Chatter, ... Read More »

Forrester Research Q2 Revenues Up 7.6%

Total revenues were $79.1 million for the second quarter of 2012, compared with $73.5 million for the second quarter of last year.  On a GAAP basis, net income was $7.8 million, or $0.34 per diluted share, for the second quarter of 2012, compared with net income of $5.5 million, or $0.24 per diluted share, for the same period last year. ... Read More »