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Credit Information

Dun & Bradstreet Third Quarter 2014 Revenues Up 1%

Achieving the Fourth Consecutive Quarter of Revenue Growth Dun & Bradstreet (NYSE: DNB) core and total revenue for the third quarter was US$ 417.1 million, up 1% year over year, before the effect of foreign exchange (up 2% after the effect of foreign exchange). Operating income before non-core gains and charges of $107.4 million, down 16% from the prior year ... Read More »

CRIF Hong Kong to Provide Legally-compliant Business Information on Chinese Companies

​CRIF has announced the expansion of its Hong Kong office to provide business information on Chinese companies to the global market. There are many business information providers in China (both global and domestic), but it is not easy to identify which ones have legally-compliant and up-to-date data sources. CRIF Hong Kong meets international corporate governance standards and recently signed a ... Read More »

PERC Study Examines the Impacts of Full-file Information Sharing on Competition in Lending Markets

PERC’s new study The Impacts of Information Sharing on Competition in Lending Markets specifically explores whether bank concentration falls following a shift to full-file credit sharing.   The key findings from the research include: Shifts to full-file credit reporting are not associated with meaningful changes in bank concentration/market power, and Consistent with past findings, greater information sharing is associated with ... Read More »

Outsell Inc.: Disruptive Business Models

Outsell has recently published a report on disruptive business models.  Here is a brief introduction to the topic: Disruption is all around us. Once a word used to describe a form of bad behaviour, now it’s a badge of honour. Every self-respecting start-up proudly wears the label. Every incumbent walks in fear of it. The economic uncertainties that still linger ... Read More »

Veda SIMAH Risk Solutions Launched in Dubai

John Roberts, Chairman of Veda SIMAH Risk Solutions spoke recently about the launch of Veda SIMAH Risk Solutions, a joint venture between the leading provider of credit information and analysis in Australasia (Veda) and the Saudi Credit Bureau (SIMAH); the Saudi Credit Bureau (SIMAH); the sole national credit bureau operating in Saudi Arabia.   Veda SIMAH Risk Solutions offers expertise in ... Read More »

UK ICO Praises Credit Reference Industry

UK Information Commissioner’s Office has praised the credit reference industry on its data handling. After being constantly vilified in many quarters there appears to be good news about the credit reference industry.  The Information Commissioner’s Office has praised the credit reference industry on its data handling having reviewed the three main agencies – Experian, Equifax and CallCredit. A report has ... Read More »

CRIF Acquires Dun & Bradstreet UAE in Dubai

CRIF announced the acquisition of Dun & Bradstreet UAE (which is responsible for the Dun & Bradstreet business throughout the United Arab Emirates) from Dun & Bradstreet South Asia Middle East Limited (“DBSAME”). The acquisition will strengthen CRIF’s industry-leading position in the field of business and credit information, and risk management solutions in the region as a member of the ... Read More »

Creditscoring for Consumer Loans

Faster available – less delinquencies – lower costs – higher willingness to pay – more competition Studies have shown the benefits of credit scoring for consumer loans for the economy and consumers.  Within this context data protection regulations are particularly relevant. Creditreform Germany:  The assessment of the credit by professional credit scoring for consumer lending has positive effects on the ... Read More »

Outsell Signature Event “ConvergenceNOW” a Great Success

BIIA extends its compliments to Anthea Stratigos, CEO and Co-founder of Outsell, and her team for producing an outstanding industry event “ConvergenceNOW!”  The event, which was co-produced with the Jordan, Edmiston Group, Inc. (JEGI), took place in the historic town of Versailles outside Paris.  Over twenty presenters covered a wide range of key topics on the convergence of content, technology, ... Read More »

Cortera: Caine&Weiner Joins ‘Open Receivables’ Partner Network

Caine & Weiner Commercial Receivables Management Solutions Are Now Available Through Cortera Pulse Cortera® has welcomed Caine & Weiner, a leading commercial receivables management company, to the list of Cortera Open Receivables™ partners.  As a network partner, Caine & Weiner can now offer a co-branded version of the Cortera Pulse® monitoring tool to their customers, with a click-to-place feature that automates the placement process of ... Read More »

Credit Karma Announces $75MM in New Investments from Existing Investors Google Capital, Tiger Global Management and Susquehanna Growth Equity

Credit Karma, a consumer finance and technology company, today announced that its Board of Directors has approved $75 million in new investments in an add-on growth round from existing investors Google Capital, Tiger Global Management and Susquehanna Growth Equity. This new round of funding marks another strong validation of Credit Karma’s business model and growth trajectory. Just eight months ago, ... Read More »

Creditsafe Enhances Credit Rating Model

More than 88 million trade payment experiences enhance new model and further improve accuracy of predicted insolvencies New rating model demonstrates Creditsafe’s mission to create the world’s leading trade payment database Creditsafe announced that it has developed an enhanced ratings model that will encompass more than 88 million trade payment experiences. The new model provides Creditsafe’s customers with the most ... Read More »

Cortera Launches Credit Score

Predictive Credit Score an Insightful Tool for Informed Decision Making Cortera, Inc. announced the availability of its new Cortera Score, an easy-to-use predictive risk measurement that extends the Cortera Pulse® service.  The Cortera Score predicts a company’s future health and credit risk by drawing insights from trends in the company’s purchase behavior, payment history and business events.  The Cortera Score is designed for ... Read More »

Bisnode Launches New Platform for Growth

Announces new group management team Bisnode is taking the next step on the road to market leadership in decision support.  In order to achieve the goal of helping the customers make smart decision Bisnode has launched a strengthened organization that will add customer value via new corporate IT- and product innovation platforms. Bisnode Group management is now set up with ... Read More »