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Equifax Acquires Software Company Inffinix

Equifax has acquired Inffinix, a Mexico City-based credit data software company. Inffinix provides collections workflow software on a licensed basis to companies throughout the Latin American region.  The software enables customers’ collection staff to efficiently process, manage and track accounts throughout the entire collections process. Today, Inffinix’s geographic footprint includes customers in Mexico, Brazil, Chile, Peru, Colombia and Costa Rica. ... Read More »

Alibaba Buys Stake in Online Shopping Company Shoprunner

Alibaba has acquired a minority stake in ShopRunner, an online media outlet.  Alibaba is paying USD 75 million for the stake in ShopRunner, run by former Yahoo Chief Executive Scott Thompson. The investment will add to a long relationship between Alibaba and Yahoo. Shoprunner is a subscription-based service that provides Amazon Prime-like free two-day shipping to shoppers.  The business model is straightforward: the ... Read More »

FICO and Adacom Partner to Deliver Advanced Solutions for Insurance Companies in Latin America

Partnership combines leading-edge rules engine with IT and market knowledge FICO (NYSE:FICO), announced a partnership agreement with Chilean company Adacom, aimed at delivering advanced decision management solutions to insurance companies in Latin America. Starting immediately, Adacom will work with FICO to implement FICO™ Blaze Advisor™ business rules management system for insurance companies in Chile and Peru, with a planned expansion ... Read More »

China Credit Risk Management: Sinotrust Comments on Key Principles

Sinotrust perceives that around 80% of the doubtful accounts in China actually result from negligence and inadequacy in proactive measures, and the rest 20%, even being collected through legal action, cost much more than the accounts paid in.  Building an effective credit risk management function in a company often puts credit risk management in conflict with the sales department. Fu ... Read More »

Sintotrust Research Feels the Pulse of the Automotive Sector

Sinotrust Analysis on Development of China’s B-segment Market B-segment market achieves recovery in 2011 due to the withdrawal of favorable policies for 1.6L or below engine size. B-segment vehicles can be divided into 3 Mainstreams, among which the B Mainstream, represented by Accord, Camry and Teana took the largest market share, accounting for 57.0%, which marks the B Mainstream the ... Read More »

Equifax Selects Chile for Software Research and Development

Equifax’s management made good on its promise to outsource certain business function off shore to save cost.  Instead of heading to India it selected Chile for a new software R&D center.  After a location review that included other Latin American countries as well as Europe, Equifax selected Chile citing its strong educational system, superior engineering talent and business environment as ... Read More »