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Financial Services Firms Stare into the Abyss as Data Breaches Rocket

According to a Freedom of Information request by Egress Software Technologies, the UK Information Commissioner’s Office notched up 791 breaches in this sector between 2012 and 2014, including 585 in 2014 alone. The company has clarified that not all of these were security-related – the figure for data security issues was 158: Institutions reporting breaches in these years included Barclays, HSBC, ... Read More »

TransUnion IPO Launched on New York Stock Exchange

TransUnion, which shares the title as one of the big three credit-reporting firms with Equifax and Experian, opened trading on the New York Stock Exchange Thursday June 25th up at $24.62, 9.4% above its initial public offering price of $22.50. It’s stayed pretty steady ever since, trading at $24.66 in recent trading. It was not the credit-reporting company’s first attempt to ... Read More »

Alibaba.com Helps SMEs Build Trust in Cross-Border Trade with Trade Assurance

Alibaba enters trade assurance business as a free service to buyers who trade with Alibaba Trade Assurance suppliers Alibaba.com launched Trade Assurance, a free service designed to create trust in trade by giving businesses peace of mind when trading with China.  The ‘ultimate payer’ for the service are customers of Alibaba (suppliers) who qualify as Trade Assurance Suppliers. Through the ... Read More »

Opening Information Markets in Asia

A delegate of 60 executives came together last month at Outsell’s exciting first event focused on doing business in Asia, and co-produced with the region’s leading association, Business Information Industry Association (BIIA) Important Details: Leading-edge thought leaders blazing information industry trails in the far east came together last month at the Regent Singapore at Outsell’s event [1] to compare practices, ... Read More »

Anti-Money Laundering: Russian Tax Authorities to Access EU Country Central Registers

Russian Tax Authorities will get access to an EU Central Register of ultimate “beneficial” owners of corporate and other legal entities, as well as trusts.   A “beneficial” owner is defined as a person who actually owns or controls a company and its activities and ultimately authorizes transactions, whether such ownership is exercised directly or by a proxy. Russia has joined the ... Read More »

CoreLogic Expands Building Permit Database

Extensive Database Links with Public Record Data from CoreLogic to Provide Crucial Insight on Property Conditions and Aid in Risk Analysis CoreLogic® (NYSE: CLGX) announced that its nationwide Building Permit Database has surpassed over 28 million residential, commercial and industrial building permits and now tracks more than 35 permit types, covering 65 percent of the U.S. residential and commercial market. The Building Permit ... Read More »

Country Risk Climates:  Trends to Keep an Eye On

Denmark – more controls on immigrants, more plebiscites; Jamaica – the bond rating agencies are optimistic; Moldova – a staggering level of graft and corruption; Tanzania – borrowing to replace aid. ANGOLA:  Now that the impact of the global fall in oil prices is being fully felt, dollars are scarce, which has led to remittance delays, and the government has ... Read More »

Arvato Invests in Brazilian Financial Services Provider Intervalor

Arvato Enters Brazilian Financial Services Sector Arvato financial solutions (Bertelsmann) acquired a 40% equity stake in the Brazilian financial services provider Intervalor.   Following the acquisition of the Gotha financial group in 2013 Arvato intends to widen its geographic footprint.   Arvato plans a step by step increase in its financial stake in Intervalor. Intervalor employs 3,000 people in in São Paolo, ... Read More »

Connexity Buys PriceGrabber

Marketing services company Connexity Inc. said it has acquired price-comparison shopping site PriceGrabber for an undisclosed amount to form one of world’s largest sources of “high-intent” shopping leads. Connexity said the combination of the two Los Angeles-based companies will form the second-largest product listing lead generation channel for retailers after Google and more than twice as large as similar channels or ... Read More »

Baidu Plans Expansion in Latin America

According to media reports, leading Chinese-language Internet search provider, Baidu, has plans to further expand its business in Latin America following the launch of its search engine in Brazil last year. Baidu has reportedly identified Argentina, Chile or Mexico as possible locations to set up the company’s next Latin American operation. Baidu will also aim to position itself as a ... Read More »

UK Claims Portal retains CRIF as Tech Partner

Claims Portal Limited has concluded its tender process for the development and hosting of the Claims Portal (claimsportal.org.uk). In May the Claims Portal Board collectively approved of retaining CRIF Decision Solutions (CRIF) as its technology partner, rather than make an award under the tender. The Claims Portal has been supported by CRIF since its inception in 2010 under a five ... Read More »

Dun & Bradstreet and 1010data in Strategic Partnership

Dun & Bradstreet and 1010data announced a strategic partnership that aims to provide a solution to hedge funds and asset managers seeking insights and analytics that go beyond traditional analysis of financial statements and key financial ratios. Through the strategic partnership, Dun & Bradstreet’s content, including key business performance data, will be made available through the 1010data platform, providing an enhanced solution to ... Read More »

Alibaba Choses India Based TDI as Channel Partner

Alibaba Group has roped in advertising agency TDI International as its first official channel partner in India.  The partnership will allow TDI’s mobile and internet vertical to sell alibaba.com’s gold membership packages to the small-and-medium sized businesses in the country. “We have been the leader of Outdoor Advertising in India since 1986 and the tie-up with Alibaba.com is a natural progress in the digital ... Read More »

Dun & Bradstreet Now Integrated With Adobe Marketing Cloud

Dun & Bradstreet announced that its commercial data is now available in Adobe Marketing Cloud via Adobe Audience Manager’s Audience Marketplace feature (now in beta), which enables advertisers and publishers to buy and sell anonymous third-party data to expand audience segments. The integration of Dun & Bradstreet’s unique, deterministic data, curated from over 30,000 global sources and featuring more than 700 targetable attributes, enables B2B ... Read More »