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TransUnion Canada Announces Paul Devereaux to Lead Its Financial Services Team

TransUnion Canada announced Paul Devereaux has joined the company as vice president of financial services.  With more than 25 years of experience in business development and sales, Devereaux will lead the financial services team as it continues to expand TransUnion’s market share in Canada. Prior to joining TransUnion, Devereaux led Canadian sales for SecureKey Technologies. Devereaux has also served as ... Read More »

AnalytixInsight Announces New Mobile Content Licensing Partnerships

Big data analytics company AnalytixInsight Inc. entered into a series of partnerships and revenue sharing arrangements between its mobile subsidiary Stockwall S.r.L and several leading content and financial information providers.  With these agreements, the Company is strongly placed to offer high-value business content, financial markets content, videos and news to subscribers of its Marketwall app. Under the terms of these ... Read More »

Canadian Credit Rating Agency DBRS to Be Sold

DBRS, the largest credit rating company in Canada, will be sold to a group of investors led by the private equity firms Carlyle Group and Warburg Pincus. Founded in 1976 as Dominion Bond Rating Service, DBRS has a much smaller market share than the “big three” credit rating agencies, Standard & Poor’s, Moody’s Investors Service and Fitch. The sale to ... Read More »

Lisa Nelson Named President of Equifax Canada

Equifax announced the appointment of Lisa Nelson as president of its Canadian operations, effective January 1, 2015. Nelson replaces Carol Gray, current president of Equifax Canada, who is retiring at the end of 2014 after seven years with Equifax and over 30 years in the financial industry. Nelson joined Equifax in 2011 and is senior vice president of Enterprise Alliances ... Read More »

Dun & Bradstreet Introduces D&B Onboard™ in the U.S. and Canada

D&B  Onboard™ is to simplify KYC and CDD Compliance As businesses face an increasingly stringent global regulatory climate, Dun & Bradstreet (NYSE:DNB) announced the expansion of the Know Your Customer (KYC) and Customer Due Diligence (CDD) solution D&B Onboard™ in U.S. and Canadian markets. Currently available in Europe, D&B Onboard™ integrates the company’s database of over 240 million global commercial records with compliance-specific ... Read More »

Equifax Canada Launches New Credit

Equifax Canada has developed a new credit score to assist lenders and the one in five applications from Canadians who currently struggle to obtain credit, auto financing or a mortgage. Score Complete” was developed for credit grantors that need to determine whether or not their customers are going to meet their financial obligations. The new score will also make it easier ... Read More »

Hearst Corporation to Acquire 80% Stake in KUBRA Data Transfer Ltd.

B-to-B Investment Puts Hearst in Leading Position to Provide Enhanced Digital Bill Delivery & Payment Services to Customers Across Many Industries Hearst Corporation announced the acquisition of an 80 percent stake in KUBRA Data Transfer Ltd., a leading provider of digital bill delivery and payment services with offices across North America.  The investment puts Hearst in a leading position to provide ... Read More »

US/Canadian Risk Climates:  Housing Bubble Inflating?

The latest installment of FICO’s quarterly survey of risk managers at U.S. and Canadian banks shows real concern about a possible re-inflation of the real estate bubble. In the survey, 56% of respondents directly involved in mortgage lending expressed moderate to heavy concern that “an unsustainable real estate bubble is inflating.” There are roughly six million homeowners in the U.S. still ... Read More »

US/Canadian Risk Climates: Housing Bubble Inflating?

The latest installment of FICO’s quarterly survey of risk managers at U.S. and Canadian banks shows real concern about a possible re-inflation of the real estate bubble. In the survey, 56% of respondents directly involved in mortgage lending expressed moderate to heavy concern that “an unsustainable real estate bubble is inflating.” There are roughly six million homeowners in the U.S. still ... Read More »

FICO Appoints Kevin Deveau Head of FICO Canada

FICO (NYSE:FICO has appointed Kevin Deveau to lead FICO’s Canadian operations. Deveau, a native of Quebec City, has 30+ years of experience providing information technology solutions to clients in the financial services, insurance, health care, retail and government sectors. Since Deveau joined FICO in 2010, he has been one of the company’s top client partners, securing more than $50 million ... Read More »

Securefact Enters into Agreement with Industrial Alliance to Manage Lien Registrations for Auto Lending Division

Securefact Transaction Services, Inc. (“Securefact”), a trusted provider of both on-demand and managed services for secured lending, know-your-customer (KYC) requirements and regulatory compliance, announced that it has signed an agreement with Quebec City–based Industrial Alliance Insurance and Financial Services Inc. to manage their lien registrations, including PPSA and RDPRM registrations, amendments and discharges. “We are very pleased to be working ... Read More »

Equifax Canada Launches Data Breach Resources Website equifaxprotect.com

Equifax Canada (NYSE:EFX) launched a new Data Breach resources website (www.equifaxprotect.com)  in response to a recent rash of data breaches and pending legislative changes aimed at protecting organizations that collect and maintain personal data. With Data Breaches on the rise (Equifax 2013 annual statistics reveal an increase of over 250% from 2012 in the reported data breach occurrences), all organizations ... Read More »

ID Verification: Introduction to Canadian Based Trulioo

Trulioo describes itself a leading global ID verification company providing advanced analytics based on traditional information such as public records, credit files and government data as well as alternative sources including social login providers, ad networks, mobile applications, e-commerce websites and social networks. Trulioo specializes in scoring online identities as authentic, machine generated or fraudulent with our identity bureau covering ... Read More »

Canada’s Anti-spam Legislation to Take Effect July 1, 2014

The Government has published final regulations and the Regulatory Impact Analysis Statement related to Canada’s anti-spam legislation. A copy of the regulations will be found in Part II of the Canada Gazette and on the Justice Canada website. The Act will begin to take effect on July 1, 2014 when most of the Act comes into force. Once the law is in force, it will ... Read More »

Equifax Canada Co. and AVS Systems Inc. Announce Strategic Partnership

Partnership creates a fully automated, national collateral (PPSA) management & corporate search and identity services Equifax Canada Co. and AVS Systems Inc. have entered into a strategic partnership designed to provide end-to-end credit processing solutions.  Equifax is a trusted provider of consumer and commercial credit risk assessment and management solutions.  AVS has developed a comprehensive and robust technology platform that provides direct connectivity to ... Read More »

Equifax Canada Suggests that a Good Defense is the Best Offence in Combatting Data Breaches

Equifax Canada (NYSE:EFX) co-sponsored events this week bringing together Canadian regulatory, legal, and privacy experts to discuss the best practices surrounding data breach. With proposed legislative changes pending in Canada, organizations are now implementing pre-breach policies and controls to prepare for and mitigate the legal and financial ramifications of a data breach.  Guest speakers from Equifax Canada, Borden Ladner Gervais LLP and both federal and ... Read More »