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Dun & Bradstreet Credit Bureau Limited Is Open for Business in Ghana

Dun & Bradstreet announced the opening of its credit bureau operations in Ghana.  After having received a license from the Bank of Ghana to operate a credit reference bureau, D&B is excited about launching business operations in the Ghanaian market. The main objective of this credit bureau is to provide information on the credit repayment trends of individuals and companies. ... Read More »

Predictive Analytics Expert eBureau Spins Off Digital Ad Targeting Business

Predictive analytics firm eBureau announced in January that it has spun-off its online advertising targeting business into a new company called TruSignal™. TruSignal will focus its product, sales and marketing efforts on pursuing business opportunities among Fortune 500 consumer brand advertisers, direct response-oriented online marketers, and their interactive marketing agencies. TruSignal helps leading consumer marketers and their advertising agencies discover and ... Read More »

Australian Risk Climate: 400,000 Small Businesses Missing Out on Mainstream Finance

Nearly 400,000 small businesses are missing out on access to mainstream finance largely because credit providers are unable to adequately assess and price small business risk. According to a recent report by Dun & Bradstreet, ‘Giving Small Business Credit – Finding New Opportunities in Australia’s Most Dynamic Credit Market’, of the more than one million unincorporated businesses in Australia, more ... Read More »

SME Access to Credit: Finding new Opportunities in Australia’s most Dynamic Credit Market

D&B Australia has published a whitepaper which examines the challenge of information asymmetries in small business credit.  In particular it: Identifies the unique characteristics of a small business and provides a workable definition; Examines how information asymmetries for small business can be reduced; Reveals an untapped credit market of more than one million small businesses in Australia and provides an ... Read More »

CRIF in Technology Tie-up with MOPAPP LTD.

CRIF, one of Europe’s most innovative information services and data processing companies, has subscribed to a reserved capital increase of MOPAPP Ltd., a London based company specializing in the monitoring of mobile application performance.   Specifically, CRIF has subscribed to a reserved capital increase, which as a first step will allow it to obtain 25% of MOPAPP, with the option of ... Read More »

Changes at the BISNODE Board

BISNODE announced today that at the Annual General Meeting on 17 April, the nominating committee proposes election of sitting board member Ingrid Engström as the new Chairman.  Ingrid has extensive experience from the information industry and in building strong brands and customer-focused organisations through operating roles in senior positions.  Håkan Ramsin, the former Chairman, and CW Ros, a member of ... Read More »

BISNODE 2011 Revenues Impacted by Disappointing Results in Marketing Solutions

BISNODE reports sustained healthy growth and earnings trend in Credit Solutions during the last quarter 2011, nevertheless disappointing results in Marketing Solutions.  For the full year revenues were down 3% from SEK4,451 (2010) to SEK4,310 (2011).  Operating income was down 17% from SEK536 (2010) to SEK447 (2011).  Operating margins declined by 13%. Source: BISNODE Press Release Read More »

CreditRiskMonitor Reports 2011 Revenue Growth of 9%

CreditRiskMonitor (Symbol: CRMZ) announced that for the year ended December 31, 2011 revenues increased 9% to $10.15 million compared to fiscal 2010, while income from operations was $1.21 million versus $1.68 million last year.   CreditRiskMonitor’s CEO Flum contributes revenue growth to continuing investment in sales and service staff, new data for subscribers and enhanced infrastructure.  Nevertheless the higher growth did ... Read More »

Goldman Sachs, Advent to Buy TransUnion

TransUnion, a provider of credit information to banks and consumers, said Advent International Corp. and Goldman Sachs Group Inc. (GS)’s private equity unit agreed to buy the company from Madison Dearborn Partners and the Pritzker family in the largest leveraged-buyout deal this year. The transaction, which is expected to be completed by early in the second quarter, values the company ... Read More »

Australia: New Personal Property Securities Register Goes Live

BIIA member Veda has been at the forefront of the information services industry for many decades. The launch of the federal government’s Personal Property Securities Register, signals a new era for businesses and consumers across Australia. The PPSR brings significant changes to existing Australian business practices, from commercial lending and trade credit, to leasing, legal and professional services. The PPSR ... Read More »

Equifax Reports Strong Fourth Quarter and Full Year 2011 Results

Equifax Inc. (NYSE: EFX) announced financial results for the quarter ended December 31, 2011. The company reported revenue from continuing operations of $509.7 million in the fourth quarter of 2011, a 6 percent increase from the fourth quarter of 2010. On a non-GAAP basis, fourth quarter revenue was up 10 percent, excluding Brazilian operating results due to the deconsolidation of ... Read More »