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Countering Cyber Criminals with Biometrics

The growth in online banking and electronic payments has made it easier for criminals to target banks and their customers and is prompting the financial services sector to invest in new security measures:  The answer may be found in Biometrics. Banking fraud is a problem as old as banks themselves. Frauds against UK online banking customers netted £60 million in ... Read More »

Veda Quarterly Consumer Credit Demand Index: Strongest Growth in Credit Card Cemand in almost a Decade

The Veda Quarterly Consumer Credit Demand Index, which measures the volume of credit card and personal loan applications processed through Veda’s Consumer Credit Bureau, saw a lift in consumer credit demand in the March quarter, with annual growth of  3.9% compared with the same period last year. Demand for credit cards, up +13.5% for the quarter, was offset by a -5.2% ... Read More »

Russians’ Credit Performance Is Worst in Seven Years, According to Data from FICO and NBKI

FICO® Credit Health Index fell in April to seven-year low 14.2 percent of Russian credit accounts are delinquent, twice as many as in January 2012 FICO Credit Health Index measures the amount of delinquent consumer loans and credit cards reported to NBKI, Russia’s largest credit bureau The credit performance of Russian consumers reached a seven-year low last month, according to data from FICO, the predictive analytics and decision ... Read More »

Dun & Bradstreet to Fuel Informatica’s Intelligent Data Platform

Strategic Alliance Will Enable Informatica Customers to Consolidate Applications and Build Stronger Total Customer Relationships Informatica (NASDAQ: INFA), one of the world’s leading independent provider of data integration software and Dun & Bradstreet (NYSE: DNB) announced a strategic alliance that natively integrates Dun & Bradstreet content into Informatica’s Intelligent Data Platform and core applications, including Master Data Management (MDM), Total Supplier Relationship (TSR), Data Quality (DQ) and Data ... Read More »

Hiring a Hacker: What is Involved?

In recent years the perception of the role of hackers is completely changed, in the past these high-skilled professionals were viewed as dangerous threats that needed to be kept at arm’s length, meanwhile today they are highly sought from private companies and intelligence agencies. Hacking services today are required not only by private companies and not only for legal purposes, ... Read More »

India Key Part of D&B’s Growth Strategy

While visiting India recently Bob Carrigan, CEO of Dun & Bradstreet,  said India’s progressive policies have put it in the limelight on the global map, and investors are beginning to view it as more business-friendly. In an exclusive chat with CNBC-TV18’s Ritu Singh, its CEO and President, Bob Carrigan, said India is critical to D&B’s growth strategy, as more and ... Read More »

J.D. Power to Acquire NADA Used Car Guide

J.D. Power and the National Automobile Dealers Association (NADA) announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business, a premier source of used-vehicle values. The transaction is expected to close early in the third quarter of 2015 and is subject to Hart–Scott–Rodino Act review. Established by NADA in 1933, NADA Used Car Guide is a leading ... Read More »

IRI Acquires Chinese MR Firm Datasea

Retail and healthcare data giant Information Resources Inc (IRI) has acquired Chinese MR and analytics services company Datasea, which focuses on the retail and CPG industries. Terms of the deal were not disclosed. Datasea has offices in Beijing, Shanghai, Guangzhou and Jinan, supported by a nationwide service network. The firm provides customer research, brand research, satisfaction and loyalty programs, new ... Read More »

Anti-money laundering Law to Create New Business Register for Europe

New rules on anti-money laundering could create an unprecedented central registry of European businesses’ real owners before 2018 after being agreed on by the European Council and endorsed by the European Parliament.  The fourth directive on anti-money laundering (AMLD4) – to stop terrorist financing and reduce tax crime – gives member states two years to complete a register of the ... Read More »

HC International’s Revenue and Profit Down in Q1 2015

HC International announced Revenues were US$34 million, a decrease of 5.5% compared with the same quarter last year. Profit in the quarter also recorded a drop falling 41% down to US$4.0 million.  Diluted earnings per share in the period were RMB 0.0365 (US$0.0059). Almost 80% of the Beijing-based company’s revenues were generated from online services amounting to US$27 million. This ... Read More »

NetSuite and Dun & Bradstreet Form Strategic Alliance

NetSuite Cloud with Accurate, Relevant Commercial Data to Help Speed Decision Making, Planning NetSuite Inc., one of the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced an agreement with Dun & Bradstreet (NYSE: DNB) to provide NetSuite customers direct access from within its cloud-based business management suite to relevant B2B data drawn from the world’s largest commercial database. Having easy access to a ... Read More »

Kreditech Appoints Oliver Prill as COO

Kreditech, the consumer finance technology Group, appointed Oliver Prill joined as Chief Operating Officer. Oliver Prill (43) has over 15 years experience in the wholesale and retail financial service industry.  Before joining Kreditech he served as an advisor to a number of funds and banks operating in the consumer finance space. He was Chief Executive of Optanus, a boutique focused ... Read More »

Alibaba Group Acquires Stake in Chinese Logistics Company

Alibaba Group announced the acquisition of a minority stake in the Shanghai YTO Express (Logistics) Company. Financial details were not disclosed. Both companies plan to cooperate in developing logistics solutions to improve efficiency of China’s logistics industry. YTO Express will work closely with Alibaba’s logistics subsidiary Cainiao to enhance the industry’s logistics management capabilities as well as international and rural ... Read More »

Veda Partners with MOGO

Veda partners with MOGO to bring real-time income checks to financial institutions Financial institutions in Australia are preparing to move away from manual handling of income and expense checks using a new automated tool that will speed up the loan application process and reduce paperwork. MOGObankconnect is a simple, secure and effective verification solution for financial institutions.  Veda, the leading ... Read More »

Kompany.com Extends its Service to Cover US Company Filings

kompany.com extends its service to cover US company filings, now connecting commercial registers in 80 jurisdictions kompany.com announced its US market launch during the Collision conference in Las Vegas on 5th May 2015.  Including the US, kompany now connects commercial and business registers in over 80 countries and jurisdictions via its API platform BREX.io. kompany offers the only cross-border live-search, instant business ... Read More »