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UK Risk Climate: One Quarter of SMEs Use Personal Finance to Support Their Business

Personal savings and mortgages used to fund the biggest investments A quarter of small and medium sized enterprise (SME) directors have used personal finance sources of funding including mortgages, credit cards and savings accounts to support their business says Experian UK. Experian surveyed a range of SMEs to better understand how they fund business ventures. Of those that had used ... Read More »

Ratings Agency Fitch Bids For Mergermarket

Fitch Group has lodged an interest in acquiring Mergermarket, which charges subscribers fees for supplying information about takeover deals and companies to the City and Wall Street.  The business is being sold by Pearson, the FTSE-100 media and education group which owns the FT and a stake in Penguin Random House, the global book publisher. Final bids for Mergermarket are ... Read More »

UK Collectors Dread New Regulations

A call from a debt collector can strike fear into the heart of a consumer — but what makes collectors themselves shake in their boots? These days, the answer is clear: Regulators! The latest proof of this can be found in a survey of UK collectors conducted by FICO and Market Force, to be released next month.  The early findings ... Read More »

Google Aims to Get SMEs to Use BIG Data Analytics Tools

Google is aiming to get SMEs to start using big data analytics tools even as recent trends show even the most elite of businesses are struggling to make sense of the vast swathes of data being collected. Google’s UK enterprise manager Roger De’Ath told V3 he saw big data as an area of expansion for the firm. “I think it’s ... Read More »

Information Services Group Q3 2013 Revenues up 11%

ISG reported record third quarter revenues of $51.4 million, an increase of 11% on a constant currency and reported basis from $46.5 million in the third quarter of 2012.   Revenues were $28.5 million in the Americas (up 6% from the same period in 2012), $17.6 million in Europe (up 19%) and $5.3 million in Asia Pacific (up 10%); growth rates ... Read More »

Experian First Half (Six Months Ending Sept. 30th 2013) Up 3%

Experian reported total and organic revenue from continuing activities up 6% at constant exchange rates or up 3% at actual exchange rates.  Total revenue for the first half 2013 were US$2.3bn versus US$2.2bn (2012). EBIT margin from continuing activities maintained at 26.0%, in line with guidance. Total EBIT from continuing activities up 7%, at constant exchange rates.  Total EBIT from ... Read More »

Creditsafe Launches new ‘Blended Score’ Product – Partners with Call Credit

Creditsafe has partnered with Callcredit Information Group to source the personal credit report data for the launch of a new Blended Report product to further reduce the risk of late or defaulted payments when trading with non-limited enterprises.   The Blended Score, developed by Creditsafe’s market leading analysts, is an algorithm that takes an individual’s personal credit score and combines ... Read More »

Experian Sells Document Outsourcing Business in Colombia

Experian PLC (EXPN.LN) has sold the Colombia document outsourcing business of Experian Computec S.A. to Hermes Documentos S.A.S., a Colombian investor, for an undisclosed sum. The business was acquired as part of the Computec acquisition in 2011 and is seen as non-core to Experian, the company said, adding that the sale frees up resources to focus on growing the core ... Read More »

InfolinkGazette:  UK Companies Enter Liquidation with an Average of 25 Unsecured Creditors

The latest Q3 2013 research from InfolinkGazette, the UK providers of Unsecured Creditor information shows that UK companies enter liquidation with an average of 25 unsecured creditors. The average unsecured loss in Q3 2013 was £28,940, compared to the annual average of £43,000 and total Q3 Unsecured Creditor losses were just under £0.5 billion. The average Shareholder Funds (Net Worth) ... Read More »

Thomson Reuters to Slash 3,000 Jobs in Finance and Risk

Thomson Reuters said it would slash 3,000 jobs in its finance operations, after reporting a drop in profits.  The cuts, mentioned in documents accompanying its third quarterly result, are in addition to the 1,000 job cuts the company announced earlier this year. The company said it would incur a $350m (£218m, €254m) charge to speed up a cost-saving plan, which ... Read More »

USA: Proposed Regulations Aims to Unlock the Potential of Alternative Credit Data

FICO BankingAnalyticsBlog reports that in a world of Big Data analytics, debate continues to heat up around the potential of “alternative data” to benefit both businesses and consumers.  This hot-button issue has caught the attention of leaders on Capitol Hill. Two congressmen in particular are actively pursuing new legislation that would expand the payment data found in credit reports. US ... Read More »

BIIA Appoints David Knowles, Marketing Director of Creditsafe as a Director

David Knowles has been elected as a director of BIIA during its October 16th board meeting. David Knowles is Marketing Director at Creditsafe Group, one of Europe’s most used provider of business information.   In the last seven years he has overseen the re-launch and development of the Creditsafe brand under its “Simply Smarter” strap-line building a point of difference ... Read More »

Cyber Attacks on Companies Doubled in One Year

The number of companies suffering external cyber attacks designed to steal commercial secrets doubled in 2012-13 compared with the previous financial year, according to statistics that underscore the growing cyber threat to companies. The figures were published amid warnings from cyber experts that companies were not doing enough to defend themselves against hackers despite the numbers of attacks. Of the ... Read More »

The 4Cs: The Building Blocks of a Future Business Model for Publishers

Collaboration, Copyright, ‘Communitycation’ and Contract Publishers face a triple challenge – managing traditional print businesses, building digital revenues and, most challenging, figuring out what the future looks like in, say, two years time. This is no simple task but past experience tells us that the future is always a fusion of the old and new. Laurence Kaye, Partner – Publishing ... Read More »

Duedil Helps to Find New Leads

Duedil has launched a new advanced search feature, an industry-leading product which makes it easier than ever to research your market, identify companies and individuals to build relationships with, and turn prospects into meetings.  One will be spending less, freeing up more resources for what matters most – growing your business. Watch the introductory video. Whether you’re in IT consultancy ... Read More »

ERN GLOBAL

ERN GLOBAL has pioneering technology company specializing in transactional payment data.  Our big data platform, Looop, enables deeper, actionable, consumer insights from transactional data to empower banks, merchants and payment processors to run targeted value added services, loyalty solutions and enhanced consumer experiences across multiple channels in real-time. Established in 2011, ERN (www.ernglobal.com) has developed a big data analytics platform ... Read More »

INNODATA First Half of 2013 Revenues Decline by 31%

INNODATA INC. (INOD) total revenue was $16.2 million for the second quarter of 2013, a 4% sequential decline from $16.9 million in the first quarter of 2013.  Total revenue was $22.8 million during the second quarter of 2012.  For the first six months in 2013, revenues were $33 million, down 31% from $48 million in the first six months of 2012. ... Read More »