Home » Industry Dynamics (page 2)

Industry Dynamics

First Half 2015 M&A Report: Database and Information Services Sector Flat

Mergers & acquisitions in the media, information, marketing, software and tech‐enabled services sectors saw robust activity through the first half of 2015, with 1,125 transactions announced at a total value of $53.7 billion.    Deal activity and value sustained the brisk levels of 2014, which saw 1,078 deals totaling $56.3 billion in the comparable period, according to The Jordan, Edmiston ... Read More »

Russian Risk Climate: Due Diligence Highly Recommended

Russian Tax Authorities recommend conducting due diligence when contracting with new counterparties Corporations and proprietors are often faced with additional VAT and income tax charges due to insufficient Due Diligence when dealing with fraudulent companies (in Russia, ‘fly-by-night’ is a common term used for such entities). Many such entities are involved in tax scams, which prompted the Russian tax authorities ... Read More »

UFI selects Andreas Gruchow President 2016/2017 Term

Andreas Gruchow of Deutsche Messe AG, was elected last week as the 2017 UFI President. Hailing from Germany, Gruchow is a current member of the UFI Executive Committee.  Upon election, Andreas will join Andrés Lopez-Valderama, who is the Outgoing President, and Sergey Alexeev, who is the 2015-16 Incoming President, to form The Presidential Trio. According the UFI website, The Presidential ... Read More »

The World Economic Forum: Disruptive Innovations are Reshaping Financial Services

We have recently come across this impressive document published by the World Economic Forum.  Our members should add it to their list of summer readings.  Especially those members who work in credit information services.  Credit and information are intertwined and whatever happens in the financial services sector will ultimately impact credit information.  Intelligent trading platforms which link buyers and sellers ... Read More »

Yelp Launches in the Philippines to Expand Asia Presence

Yelp Inc. (NYSE: YELP) announced the launch of Yelp Philippines (http://www.yelp.com.ph). Beginning today, people across the Philippines are able to read reviews about great local businesses and create accounts on Yelp.com.ph to share their opinions. Yelp’s free iPhone and Android apps will be available as well as its free suite of business owner tools: Yelp for Business Owners (http://biz.yelp.com.ph). Source: Prnewswire.com Read More »

Alibaba Group Announces Expansion of Cross-Border E-commerce Initiatives

Alibaba will set up country pavilions and cooperate with foreign embassies to enhance global trade between small businesses and the Chinese market Alibaba Group Holding Limited (NYSE:BABA), announced an expansion of its cross-border e-commerce initiatives, including the launch of 11 official country pavilions on its Tmall Global platform and cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies ... Read More »

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 »

Yelp No longer Looking to Sell

Yelp shares fell more than 13% on Thursday July 2after Bloomberg reported that the company is not looking to sell itself. According to the Bloomberg report, based on interviews with people familiar with the matter, Yelp had been approached by several companies but is no longer interested in selling soon. Yelp hired Goldman Sachs after receiving interest from a potential buyer, according ... Read More »

LexisNexis South Africa to Acquire Korbitec

LexisNexis South Africa, part of RELX Group, has agreed to purchase Korbitec (Pty) Ltd from the Naspers Group for an undisclosed amount. The transaction is subject to approval by the South African Competition Commission.  Korbitec is a leading provider of content-enabled workflow solutions for South African property professionals, with two leading products, GhostConvey and Windeed, in addition to its Banking ... Read More »

FICO: Why Analytic Innovation Matters

Scott Zoldi, Vice President of Analytic Science at FICO recently returned from Payments 2015 where he was invited to speak on advances in behavior analytics—specifically fraud analytics that differentiate unusual customer behavior from fraud, including collaborative profiling that anticipates new previously unseen behavior. Here are his observations and recommendations: This analytic innovation is just one of 92 patent applications pending in ... Read More »

Equifax in Partnership with National Independent Automotive Dealership Association

Equifax Expands NIADA Partnership to Provide Industry Insight and Consumer Auto Loan Payment Reporting Capabilities to Independent Dealers Equifax Inc. is expanding its partnership with the National Independent Automotive Dealership Association (NIADA) to support independent and Buy-Here-Pay-Here (BHPH) dealerships. For the 2015 NIADA Used Car Industry Report, Equifax provided insight on subprime auto lending trends and partnered to conduct the ... Read More »

Cyber Security:  Mobile Banking Security

Over 50 percent of consumers use mobile banking apps.  With millions of transactions occurring between consumers and companies each day, hackers are finding more and more ways to steal this sensitive data. In fact, 70% of Apple iOS paid financial apps have been hacked and 95% of Android paid financial apps have been hacked. This type of vulnerability calls for ... Read More »

Country Risk Climate:  The Number of Troubled Companies on the Rise

Number of Troubled Companies Rise in Latest Default Risk Study – Greece and United Stated dominated A monthly study tracking the probability of defaults among companies rose to its highest level in several months in June. The dubious list was dominated by companies based in Greece and the United States. An index tracking the percentage of companies with a default ... Read More »

Gartner Acquires Nubera

Gartner, Inc. (NYSE: IT), the leading provider of research and analysis on the global information technology industry, announced the acquisition of Nubera, a privately held company based in Barcelona, Spain. Terms were not disclosed.  Nubera, whose flagship web property is GetApp, helps organizations discover, compare and choose the right business software and applications for their needs. The services provided by Nubera are ... Read More »

Data Breaches — We Should Focus on How, Not Who

In cybersecurity, knowing your adversaries’ techniques and tactics can help you better defend and prevent successful attacks. It’s an important part of your strategy.  But when attribution becomes the focus of the story, we risk not examining how an attacker was successful. Looking at a breach from a “whodunit” point of view makes for better headlines and helps sell threat ... Read More »

Alibaba’s Affiliate Ant Financial Services Starts Internet Bank: MYbank

One of Alibaba Group’s affiliates, Ant Financial Services Group, and other investors have started a privately owned Internet bank, MYbank, to provide “inclusive and innovative financial solutions” at lower cost to small business and consumers. Other than Ant Financial, investors of MYbank include: Shanghai Fosun Industrial Technology Development Co., Wanxiang Sannong Co., and Ningbo Jinrun Asset Management. The bank has ... Read More »

LifeLock Introduces Identity and 401(k) Theft Protection for the Workplace

New Product Offers Enhanced Protection Exclusively Through the Benefits Channel LifeLock, Inc. (NYSE:LOCK) announced its newest product, LifeLock Benefit Elite™ identity theft protection, created specifically for employers and brokers to offer as a benefit for employees. With easy enrollment and convenient payroll deduction, this new product will be available for employees at a competitive price. LifeLock Benefit Elite™ protection is ... Read More »