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Credit Information

Equifax Canada Launches Data Breach Resources Website equifaxprotect.com

Equifax Canada (NYSE:EFX) launched a new Data Breach resources website (www.equifaxprotect.com)  in response to a recent rash of data breaches and pending legislative changes aimed at protecting organizations that collect and maintain personal data. With Data Breaches on the rise (Equifax 2013 annual statistics reveal an increase of over 250% from 2012 in the reported data breach occurrences), all organizations ... Read More »

Experian UK Launches Real time Data Sharing (RTDS)

Experian® announced the launch of real time data sharing (RTDS) – a new service that will give credit providers across the UK instant access to personal financial information enabling them to make fair and accurate lending decisions. The service has been developed in response to an increasing demand for more short term credit, which has also increased the challenge for ... Read More »

Callcredit and iovation Partner to Optimise Fraud Protection

Callcredit Information Group has announced a strategic partnership with iovation, an online and mobile device reputation technology company. The partnership will combine complementary data and technology to deliver fraud prevention and identity solutions to the market.  Building upon the strategic relationship established in 2011, the two firms say they will bring about a new era of combined device and bureau-based ... Read More »

TransUnion 2013 Revenues Up 3.8%

TransUnion reported revenue of $1,183.2 million for the full year of 2013, an increase of 3.8 percent compared to the full year of 2012.   Weakening foreign currencies accounted for a reduction in revenue of 1.6 percent.   Acquisitions accounted for an increase in revenue of 1.5 percent. Revenue for U.S. Information Services was $740.6 million, an increase of 2.1 percent compared ... Read More »

Dun & Bradstreet India Held HR Series Conclave in Pune

As a part of its on-going efforts to provide a platform for exchange of knowledge, Dun & Bradstreet India organized an HR Series Conclave on “Building a strong talent pipeline” in Pune.  Companies across the world face the challenge of retaining the right people. Irrespective of whether markets are doing well or not, retaining right associates is the key to ... Read More »

Dun & Bradstreet Credit Bureaus Ltd. Acquires Stake in National Bureau Commercial Information S.A.O.C. of Oman

Dun & Bradstreet Credit Bureaus Ltd. (DBCB) has acquired 51% equity stake in the Omani National Bureau Commercial Information (NBCI).   NBCI is currently owned by a consortium of Omani banks and financial institutions. This move strengthens DBCB’s foothold in the GCC & MENA private credit bureau industry. DBCB has equity stakes in credit bureaus in Nigeria, Ghana and Tanzania and ... Read More »

Worldbox and OFWI in Tie-up

Worldbox, a global business intelligence company (and BIIA member), has announced it has taken over all of Orell Füssli Wirtschaftsinformationen AG (OFWI)’s international and domestic research activities. The tie-up will see Worldbox (http://worldbox.net) – which operates from offices in London, Zurich, Beijing and Hong Kong – handle all OFWI corporate and private client orders for company record-sourcing, business investigations, credit-checking ... Read More »

BOL Thailand 2013 Revenues Up 6.1%

Bangkok-listed business information provider, Business Online (BOL) reported revenues of US$12 million, up 6.1% year-on-year.  Net income in 2013 was US$2.8 million, representing growth of 4.1% compared with 2012. Diluted earnings per share in 2013 were Baht 0.11 (US$0.0034). Approximately 63% of BOL’s revenues were generated through its flagship online information service – amounting to US$7.8 million. This figure results ... Read More »

S&P Capital IQ Releases Enhancement to Desktop Application to Manage Corporate Credit Risk

S&P released new service enhancements to provide integrated data, analytics and workflow platform that delivers a 360-degree view of credit risk for rated and unrated private and public companies globally. It is a high end application to measure, monitor and manage credit risk of companies in mature and developing economies with daily updated short-term, medium-term and long-term credit risk metrics. Modelled credit benchmarks ... Read More »

CRIF Acquires OFWI – Teledata from Axon Active Holding AG

CRIF Spa, present in Switzerland as CRIF AG, has announced the acquisition from Axon Active Holding AG of its subsidiary company Orell Füssli Wirtschaftsinformationen AG (OFWI), known by its brand “Teledata”. Founded in 1986, pioneering the electronic delivery of information from commercial registers, OFWI Teledata is the market leader in Switzerland for credit and business information, specifically in the financial ... Read More »

European Central Bank Calls for a Cross-Country Credit Risk Score

Managing Europe’s Deflation Risk Calls for a Cross-Country Credit Risk Score During a session at Davos, the president of the European Central Bank indicated a willingness to buy loans of households and companies as part of managing deflationary risk in Europe. He will need a market to be created should the ECB be required to operate a monetary programme to thwart deflation ... Read More »

Ownership Change at Callcredit Information Group Ltd.

Callcredit Information Group Ltd. announces an ownership change whereby GTCR, a leading Chicago-based private equity firm, has partnered with management to acquire the company.   GTCR and Callcredit’s management team, led by CEO John McAndrew, are investing behind the company’s strong growth trajectory, innovative product offering, and service-oriented culture. GTCR is acquiring an ownership position from Vitruvian Partners, a middle market private ... Read More »

Equifax Acquires Chicago Based Forseva LLC

Enhances Commercial Credit and Collections Management Capabilities following its acquisition of TDX in the UK Equifax Inc. (NYSE:EFX) has acquired Forseva, LLC a Chicago based leading provider of end-to-end, cloud-based credit and collections management solutions.   The company will become a part of Equifax Commercial Information Solutions. This is an interesting development.  Equifax’s commercial solutions business has gone nowhere since its ... Read More »

Tinubu Square 2013 Revenues Up 12%

International expansion reinforces steady development of credit risk software company Tinubu Square, the trusted source of credit risk solutions for trade credit insurers and businesses, experienced a 12% increase in turnover in 2013, continues to improve its net earnings and expects to grow exponentially during 2014 following expansion overseas and consolidation in both the UK and France. The news comes ... Read More »

Equifax Q4 Revenues Up 8% – Full Year 2013 Up 11%

Equifax Inc. (NYSE:EFX) reported revenue from continuing operations of $578.5 million in the fourth quarter of 2013, an 8 percent increase from the fourth quarter of 2012. For the full year 2013, revenue was $2.3 billion, an 11 percent increase from 2012, both on a GAAP and adjusted basis. Diluted EPS from continuing operations attributable to Equifax was $2.69, a 24 percent increase from $2.18 for the full year ... Read More »

CRIF in Partnership with Hometrack in Automated Real Estate Valuation

CRIF, the market leader in continental Europe in the field of banking credit information, has signed an agreement for the development and provision of an Automated Valuation Model (AVM) for the Italian market in partnership with Hometrack, the leading supplier of AVM technology in the UK and Australia. This groundbreaking new service consists in the provision of a value estimate ... Read More »