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Industry Dynamics

Alibaba Eyes Expansion into Hollywood Content Offering

Alibaba Group Holding Ltd is looking to expand its entertainment content offering on its Internet television set-top boxes through deals with studios in the United States, Bloomberg reported. Alibaba Group executives are meeting with content providers, such as Walt Disney Co, Viacom Inc’s Paramount Pictures, Time Warner Inc’s Warner Bros, Sony Corp and Comcast Corp’s Universal.  The company is seeking deals that will provide it with ... Read More »

FCIB Global: Compliance as Hot a Topic as Ever

Compliance appeared to have been the hottest topic among credit managers of companies presently exporting their goods and services at FCIB’s 25th Annual Global Conference last week.  Perhaps the biggest takeaway was that perfection isn’t always necessary to appease governments and regulators, but diligence most certainly is. As previously noted by NACM, regulatory activity and the size of fines for ... Read More »

Mid-East Leading Cross Border Businesses in Africa Boom

Middle East cross border businesses are showing the world that Africa is ripe for investment, with Abu Dhabi companies leading the charge in setting up or expanding there, this year. The latest United Arab Emirates company to increase existing business there is Etihad Airways, which has just said it will expand its African presence with a new daily service to ... Read More »

Welcome to Retail Land: Amazon Results Upset Wall Street

According to Reuters Amazon.com Inc’s once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector’s highest valuations drew widespread ire after a spectacular results letdown on Thursday. Amazon missed expectations across the board – on margins, on its net loss ... Read More »

Moody’s Corporation Q3 2014 Revenues Up 16%

Moody’s reported revenue of $816.1 million for the three months ended September 30, 2014, up 16% from $705.5 million for the third quarter of 2013. Operating expenses for the third quarter of 2014 totaled $466.4 million, a 13% increase from the prior-year period. Operating income for the quarter was $349.7 million, a 20% increase from $291.5 million for the same ... Read More »

Baidu Acquires Peixe Urbano in Brazil

Baidu Inc (BIDU.O) bought control of Brazilian online-discount company Peixe Urbano for an undisclosed sum, the latest step in a push to expand in Latin America’s largest economy that began more than two years ago. Under terms of the transaction Baidu will let Peixe Urbano’s management team, led by co-founder and chief executive officer Julio Vasconcellos, operate autonomously within Baidu’s corporate structure.  Both firms ... Read More »

FICO Joins The CardLinX Association

Predictive analytic and decision management technologies key for card-linked offers industry FICO (NYSE:FICO) announced that it has joined The CardLinx Association (CardLinx) to collaborate more closely with other technology platform providers, merchants, digital publishers, payment networks and banks in promoting the growth of the card-linked offers industry. CardLinx develops industry standards that make deals and offers easier for consumers and merchants. A card-linked ... Read More »

GDS Link enters Joint Venture to establish Samason Credit Bureau of Cameroon

GDS Link, a global provider of customer-centric risk management, process automation and Credit Reference Bureau solutions recently established a joint venture with Samason Global in its creation of Samason Credit Bureau Cameroon Ltd. (SCBC). Established by Samason Global, a leading provider of project and asset management, business consultancy and printing solutions to the Cameroon region, will now deliver consumer and ... Read More »

FICO: Fraud can be a Brand Wrecker

FICO’s Anant Nambiar offered sound advice on the growing issue of fraud and its implications on a brand.  Nambiar states bluntly:  Fraud can be a brand wrecker.  Here are his comments: “Not only are financial institutions challenged by traditional payment card fraud, there is growing pressures from retail banking fraud, e-banking, first-party fraud including fraudulent applications for new accounts such ... Read More »

LifeLock® Partners with PrimeLending

Partnership Gives PrimeLending Customers More Tools to Protect Their Financial Futures National residential mortgage lender PrimeLending, a PlainsCapital Company and subsidiary of Hilltop Holdings Inc. (NYSE: HTH), and LifeLock, Inc. (NYSE: LOCK), the industry leader in proactive identity theft protection, announced today that the companies have entered into a new business relationship.  As a result, PrimeLending will offer a 30-day free trial membership ... Read More »

Acxiom and Weibo Launch Big Data Marketing Platform “Audience Onboard”

New Platform Helps Advertisers Unleash the Value of First Party Data to Improve Audience Reach Acxiom® announced a strategic partnership with Weibo Corporation (Weibo), China’s leading social media platform.  As part of the relationship, Weibo will leverage the Acxiom Audience Operating System® (AOS ®) to deliver greater digital marketing efficiency to its advertisers in a privacy-compliant way via Acxiom’s data ... Read More »

Alibaba Affiliate Obtains Approval for Private Bank

The China Banking Regulatory Commission said it gave approval to start a bank to a financial affiliate of the Alibaba Group, that is also the parent of Alipay who handles payment transactions and thus is crucial to Alibaba’ operations.   The bank would be headquartered in Hangzhou.  The financial affiliate of Alibaba will own 30%.  The Shanghai Fosun High Technology Group ... Read More »

Harte Hanks Appoints New Members to Senior Leadership Team

Harte Hanks has announced the appointment of two executives to its senior leadership team: Brian Dames to the position of Chief Marketing Officer and Joseph Voica to the position of Senior Vice President of Sales.  Dames most recently served as Executive Vice President of Customer Solutions. Voica joins Harte Hanks from MasterCard Worldwide. Voica brings to his new role at ... Read More »

Acxiom and Hearst Magazines Inks New Deal – Expands Relationship to Bring Marketing Services to the Cloud

Increased Efficiencies and Long-term Competitive Advantages among Key Benefits Acxiom® announced an expanded relationship with long-time client Hearst Magazines, one of the world’s largest magazine media companies. Under the terms of this new agreement, Acxiom will be responsible for bringing Hearst Magazines’ marketing services platform to the cloud. Acxiom will lead the migration of Hearst’s database hardware and software to Amazon ... Read More »