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Australian Risk Climate: Near-term Price Expectations have Dropped Sharply

Near-term price expectations have dropped sharply, with persistent moderate activity in the economy leading more businesses to reconsider the level at which they sell their goods and services. Reflecting soft official inflation data, Dun & Bradstreet’s latest Business Expectations Survey reveals that the Selling Price Expectations Index for the third quarter has dropped to 14.5 points, down from 24 points ... Read More »

Linking Data is the Biggest Challenge for Global Marketers

Annual global research identifies linkage, technology and organizational structure as the three key challenges in digital marketing Digital marketers are facing an on-going battle getting to grips with the huge amounts of data they have to work with. The biggest hurdles and key priorities for marketers this year are dependent on having accurate, enriched data, linked together in a central location ... Read More »

Dun & Bradstreet Shifts to Partnership Model in Australia/New Zealand Market to Focus on Core Commercial Strategy

Dun & Bradstreet (NYSE: DNB) today announced it is shifting its Australia/New Zealand (ANZ) business to a Worldwide Network partner model. Archer Capital, a leading Australian private equity firm – via its newly-formed Credit Data Solutions* business – will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 ... Read More »

Encompass Announces Product Enhancements

The Gazette – now integrated and available to search. This month we deliver a number of updates to Encompass, this blog entry focuses on two: content from The Gazette and Workspace Refresh. One important and unique element of the Encompass offering is the range of information valued by insolvency professionals that we offer in one place. Nominated by our Pre-Release ... 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 »

FINTECH: Potential Solution to the SME Access to Finance Issue

News from the Fintech ‘front’ in Australia:  Fintech (financial technology) is a line of lending businesses using software for the purpose of disrupting incumbent players such as banks. Fintech companies work outside current banking regulations.  The attraction of fintechs is the expectation of a “quick yes” via a streamlined online approval process. Fintechs tap into a huge diverse of unstructured ... 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 »

Acxiom Launches LiveRamp Connect across Australia & New Zealand

Connects the Digital Marketing Ecosystem Acxiom a customer data solutions and marketing services company, acquired privately held San Francisco based LiveRamp in 2014, the leading service for onboarding customer data into digital marketing applications, for approximately $310 million. Together, Acxiom and LiveRamp became the industry-leading solution for bringing offline customer data online accelerating Acxiom’s vision of a connected ecosystem that delivers ... Read More »

Australian Risk Climate: 772,000 Victims of Identity Theft

Online black market is closer than you think with 1 in 5 Australians affected by identity theft Personal information is currency in the underground world of cybercrime, which has managed to sting 5% of Australians – more than 772,000 people – with identity theft in the past 12 months alone. A new survey by credit bureau Veda shows that almost ... Read More »

Comprehensive Credit Reporting in Australia Faces Obstacles

Experian is disappointed with the take-up of comprehensive credit reporting in Australia, saying credit providers appear reluctant to share additional customer information because they are afraid that competitors will get an advantage. Experian outlined its concerns in its submission to the Australian Competition and Consumer Commission in response to an application by the Australian Retail Credit Association for authorization of ... Read More »

To Make Ends Meet:  Australians Struggle to Reduce Debt as Cost of Living Continues to Rise

Eighty-eight per cent of Australians say day-to-day expenses, rent or mortgage repayments, groceries and bills, are the most common roadblocks to paying down debt, according to new research by Experian, the global information services company. Experian research also showed 65 per cent of Australians incorrectly believe contributing to superannuation or saving money can have a positive impact on your credit ... Read More »

BIIA Welcomes MarkLogic as a Member

MarkLogic Overview For over a decade, MarkLogic® has been empowering global enterprises and governments to turn data into a competitive advantage. MarkLogic has emerged as the new generation database platform of choice by delivering a solution that helps enterprises not only analyze their data for better insight, but operationalize it to use in day-to-day activities that are crucial to business ... Read More »

Accenture Information Systems & Technology (IS&T) to ‘Move Mountains of Ore’ at Rio Tinto

Rio Tinto, a global diversified mining company, will move to a ground breaking information systems and technology (IS&T) delivery model, partnering with Accenture (NYSE: ACN) to shape and deliver the transformation.  The new model will migrate core enterprise IS&T systems to an “As-a-Service” solution based in the cloud. It also incorporates consumption based pricing to ensure costs are fully flexible ... Read More »

Aussie Home Loans and Experian Launch CreditSavvy.com.au

Aussie Home Loans has joined forces with credit reporting agency Experian to launch a website offering access to free consumer credit scores and lots of information on credit reporting, scoring and management of personal finances. Consumers can also sign up on the website, creditSavvy.com.au, for free monthly credit score updates, a credit file monitoring service and alerts.  creditSavvy was launched ... Read More »

Veda Supports Fintech Hub in Sydney

Veda announced its support as a foundation corporate partner of Sydney’s fintech hub. To be known as Stone and Chalk, the hub is a cross-industry initiative, with the support of the NSW Government, to help foster and accelerate the development of world-leading Australian fintech start-ups. Premier Mike Baird officially launched the hub in Sydney recently, welcoming the commitment from government and ... Read More »

Australian Risk Climate: Second Quarter Expectations Slip as Optimism Fades

Borrowing and Investment Intentions Stall Despite earlier indications that the business sector would take steady steps forward this year, the latest survey of Australian firms reveals that expectations and levels of optimism have returned to 2014 levels. According to Dun & Bradstreet’s Business Expectations Survey, the percentage of businesses that are more optimistic about growth in the next 12-months has ... Read More »