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Industry Dynamics

How to Survive Cyber Warfare?

Eight Simple Instructions to Avoid Common Mistakes allowing Hackers to Target Employees As the threats of hacking and cyber attacks continue, how can you navigate the Internet without exposing yourself to attack?  Shlomi Adar, an Israeli information security specialist, has released eight simple instructions to avoid the common mistakes that allow hackers to target employees working at organizations. Custom Permissions ... Read More »

Small Business Finance:  The Security of Having Funds on Hand

Fico recently set down with Kathryn Petralia, cofounder and head of operations  at Kabbage, to talk about how origination management supports her business. Q: First, how is Kabbage different from traditional lenders? Kathryn: The biggest difference is that we were established in the digital age, so data is at our core. We fill a niche in that we focus on ... Read More »

Microsoft Is Said to Evaluate Possible Bid for Salesforce

Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer according to industry sources. Salesforce, which has a market value of almost $50 billion, is working with two investment banks to determine a response to approaches.  The San Francisco-based company’s options could include rebuffing any buyer, or working out a sale, people ... Read More »

April Sees Flurry of Business Intelligence Mergers

Microsoft and Datazen, Tableau and Birst, Infor and Larsen Toubro … BI mergers are booming as providers look to broaden offerings and transform business users’ mobile experiences. Datazen Software has been bought by Microsoft for an undisclosed sum, providing the software giant full rights to its acclaimed mobile business intelligence (BI) and data visualisation tools across Apple, Android and Windows ... Read More »

Shangai Train-fare Dodgers Listed on Credit Reporting System

Role of Local Credit Reporting System to Combat Subway Ticket Fraud At a recent Shanghai city council conference, rail transportation was selected as one of the 20 sectors highlighted as a responsible industry.  Fare dodgers on the subway were pointed out as a major concern.  A new task force setup by the rail transport authority has prosecuted fare dodgers and ... Read More »

CoreLogic Introduces HOA Super Lien Check

CoreLogic has introduced HOA Super Lien Check, a solution that helps investors and servicers monitor “at-risk” properties in the 22 states that give HOAs super lien status. There are 22 states that give homeowners associations (HOAs) super lien status in the event of a foreclosure. What that means is that if an HOA slaps a lien on a property that ... Read More »

China’s Tencent Enters Credit Information

The approval of eight enterprises by China’s PBOC to enter the personal credit market in 2015 sees Internet giants Aliba (Alipay) and Tencent competing for a piece of the market share.   General Manager of Tencent Credit Services, Wu Dan, disclosed at the Global Mobile Internet Conference (GMIC) in Beijing that the company is currently establishing personal credit rating reports ... Read More »

Nielsen and Alibaba launch ‘New Offer Advisor’

Nielsen has teamed up with Chinese eCommerce company Alibaba to launch a solution called ‘New Offer Advisor’, to help online retailers analyze their eCommerce performance, identify areas of market potential, and drive product innovation. Alibaba – generally recognized as the largest online and mobile commerce company in the world in terms of gross merchandise volume – will provide its transaction ... Read More »

“Asia is a big country” – A Credit Insurance Perspective

News from our friends at ICISA – International Credit Insurance & Surety Association ICISA’s Asia Subcommittee met on Friday 27 February in Hong Kong. Over 20 delegates from twelve member companies as well as a member from the Berne Union had discussions about the Asian region from a trade credit insurance perspective. The Chair, Richard Wulff looks back on this ... Read More »

Acxiom Selected by GlobeOne for Database Solution

GlobeOne ®, LLC, a financial technology company collaborating with a network of financial institutions around the world, has selected Acxiom® (Nasdaq: ACXM), an enterprise data, analytics and software-as-a-service company to develop a database and processing platform to collect, process, calculate and return data to partner banks in the GlobeOne network. GlobeOne, founded by a community of socially conscious entrepreneurs with experience in the ... Read More »

Country Risk Climates: Trends to Keep an Eye On

Australia – the aussie at par with the kiwi, almost; Japan – a credit downgrade that makes little sense; Kazakhstan – an apology for an overwhelming election victory; Sweden – struggling to keep the exchange rate down; Venezuela – down to having to hock gold. ALBANIA:  The country remains on track to join the EU – eventually – but much ... Read More »

China Anti-corruption Law ‘Broader in Scope than FCPA’

A record number of cross-border deals in China last year, by foreign companies using FCPA compliance, has provided a boost in trust for international buyers… The unprecedented Merger and Acquisition buying spree of 201 foreign deals in China last year – up 20 on the previous year – increased in value by nearly 80% to $38bn year-on-year, according to Mergermarket. ... Read More »

Reserve Bank of India: Interoperable Cash Deposit Machines Becomes Reality

Bank customers might in the near future be able to deposit cash in their accounts from any bank’s cash deposit machines(CDMs). The Reserve Bank of India (RBI) is considering a proposal to link these machines with the National Financial Switch (NFS). The latter is the backbone of Automated Teller Machines in the country, being managed by National Payments Corporation of India (NPCI). The organisation has ... Read More »

World Bank Group to Set Up Office in Greater Kuala Lumpur

The Government of Malaysia and the World Bank Group signed a Memorandum of Understanding on 11 April 2014, in Washington DC, to work towards opening a World Bank Group office in Kuala Lumpur. Second Minister of Finance, H.E. Dato’ Seri Ahmad Husni Mohamad Hanadzlah, signed on behalf of Malaysia, and Axel van Trotsenburg, Karin Finkelston and Ana-Mita Betancourt signed on ... Read More »