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Author Archives: Lakefront Media

Radical Shake-Up in Data Protection Laws – but Good News for Data Protection Officers!

The European Commission published its proposals for reforming the EU data protection regime on 25th January 2012.  Subject to these proposals being accepted they will replace the current European Data Protection Directive 95/46/EC and the country-specific data protection legislation across all 27 Member States – in the UK, the Data Protection Act 1998 (DPA).  And this could be as early ... Read More »

Yelp Is Feeding Its Online Reviews of Restaurants And Other Local Merchants to Microsoft’s Bing Search Engine

People using Bing to search for information about neighborhood businesses will be able to see excerpts from Yelp reviews. The deal between Microsoft Corp. and Yelp Inc. comes two weeks after Google unveiled a new feature that serves up restaurant ratings from Zagat. Google Inc. bought Zagat’s popular rating service for $151 million last year. To attract more people, Google ... Read More »

Experian Develops Credit Scoring Product for Underbanked

Experian will offer a new product that assesses the creditworthiness of consumers with little or no traditional credit history. Extended View uses information from Experian’s credit data, rental information and public record data to develop a credit score for a person who is underbanked. The product provides a view of a consumer’s payment behavior and can be used by banks, ... Read More »

Lenders Cautious about Prospects for Residential Mortgage Markets

New Efma-CRIF study provides insight into possible impacts of the European Commission’s proposal for a directive on credit agreements relating to residential property; reveals significant fragility in residential mortgage market.​ CRIF, a global company specializing in the development and management of credit reporting, business information and decision support systems, and Efma, the retail financial services community, today published a new ... Read More »

Alibaba’s Tmall Cuts Prices, Expands Product Range

Hangzhou, 12th June: Chinese ecommerce giant, the Alibaba Group, unveiled a series of plans to diversify and boost sales on its B2C platform Tmall. In a bid to attract more customers, Alibaba aims to reduce the price of goods sold on Tmall by subsidising vendors to the tune of US$47 million. The goods targeted will mainly be sold in the ... Read More »

Country Risk Climate: Trends to Keep An Eye On

Argentina – moving closer to the day of reckoning; Brazil – a start to rolling back the restrictions on capital inflows; United Kingdom – plans to flood the banking system with liquidity; Venezuela – the next government will have to devalue the bolivar. Other countries covered by this report are:  Cyprus, India, Mexico, Norway, Pakistan, Romania, Tunisia and United Emirates. ... Read More »

News from the Global Address Data Association

Rome, June 8, 2012.  The Global Address Data Association (GADA) of New York and Xplor Italy  (The Electronic Document Systems Association) announce the successful launch today of the International Hybrid Mail Coalition following a meeting in Rome of the founding members. To read the full story click on the link:  GADA PresRelJune12 Read More »

Schufa Germany: Research Project Concerning the Mining of Social Media Data Draws Political Flak

According to press reports SCHUFA, Germany’s largest consumer credit information supplier plans to use information it gathers online, including information from individual social media such as Facebook and others, in its analysis of an individual’s creditworthiness.  SCHUFA, plans to use Social Media data to study a person’s relationships in determining how that might affect their ability to pay their bills, ... Read More »

Thomson Reuters Launches Bespoke Eikon Desktop for China

Thomson Reuters launched a bespoke version of its next-generation desktop, Thomson Reuters Eikon, to meet the needs of China`s rapidly growing financial market. With a tailored simplified Chinese-language graphical interface and extensive content, Thomson Reuters Eikon has been specifically adapted to support the continued growth of the financial market in China. It offers bankers, investors, analysts and traders key market ... Read More »

Incisive Media Launches New Business Research Division

Incisive Media one of the world’s fastest growing B2B information providers, has launched a new business unit, Computing Research to provide the market intelligence that senior IT decision makers and IT vendors need to help them make better decisions.  Aligned to the launch Computing Research has released its first “Computing Research’s “IT Buyer’s Cycle Review””, a report that is aimed ... Read More »

EDGAR Online and OTC Markets Group Announce Official Launch of the OTC Fundamental Data Service

EDGAR Online, Inc. (NASDAQ: EDGR), announced the launch of the OTC Fundamental Data Service, an OTC market dataset featuring unique information on companies that do not file fundamental data and disclosures with the Securities and Exchange Commission (SEC).  Through its partnership with OTC Markets Group – the largest OTC marketplace platform, with almost 10,000 securities trading on three marketplaces: OTCQX, ... Read More »

Credit Climate in the USA: Small Business Confidence Wanes –

The latest reading from the National Federation of Independent Business is not all that encouraging as regards the future as the small business optimism index has fallen back to the levels seen in February of 2011. The latest index only dropped another tenth of a point from where it was but the last few readings have been pretty weak.  The ... Read More »

Country Risk Climate: Trends to Keep an Eye On

Australia – surprising economic strength; Indonesia – efforts to shore up the weak rupiah; Peru – trouble from the Left for Ollanta Humala; Serbia – interest rates are about to rise; Venezuela – the next government will have to devalue the bolivar, regardless of the election result. Other countries covered in the report: Argentina, Chile, France, Germany, Ireland, Japan, Portugal ... Read More »

Creditreform Germany 2011 Overall Annual Results Flat – Growth in Factoring Services

Creditreform Germany reported 2011 revenues of Euro 488 million slightly below the 2010 results of Euro 489 million.  Revenue distribution by services sectors were as follows:  Business information Euro 263 million versus 2010 revenues of Euro 260 million, up 1%.  Receivables management services were Euro 199 million versus Euro 197 million in the prior year, up 1%.  Revenues for other ... Read More »

Google Moves into the Customer Service Business with Trusted Stores

Google Inc is moving into the customer-service business as the world’s largest Internet search company steps up competition with e-commerce giants Amazon.com Inc. and China’s Alibaba.com Google rolled out a new certification service called Google Trusted Stores that helps shoppers see which online merchants ship quickly and reliably and which ones offer great customer service.  Google offers up to $1,000 in ... Read More »