Home » Industry » Risk Solutions (page 13)

Risk Solutions

TINUBU SQUARE APPOINTS INDUSTRY EXPERT TO SPEARHEAD GROWTH IN UK

Tinubu Square, the Paris-based developer of B2B credit risk solutions for credit insurers and enterprises, has announced the appointment of industry heavyweight, Michael Feldwick, as Head of UK and Ireland.  He will have responsibility for shaping Tinubu Square’s growth strategy in the UK market and developing its burgeoning portfolio of customers. Prior to joining Tinubu Square, Feldwick was Head of ... Read More »

LexisNexis® Risk Solutions Announces Appointment of Mark Kelsey as Chief Executive Officer

Reed Elsevier today appointed Mark Kelsey as Chief Executive Officer of LexisNexis Risk Solutions. Kelsey has spent nearly 30 years at Reed Business Information and will continue in his current role as Chief Executive Officer of that business in addition to his new responsibilities. Kelsey replaces James Peck who has decided to pursue his career in a privately-held business environment. Source:  ... Read More »

Internal Company Fraud Spikes – Information Theft Widespread

Significant spike in internal fraud over past year, Kroll Global Fraud Report reveals Information theft is widespread; U.S., Indonesia and Russia report highest levels worldwide Internal fraud increased significantly, according to the 2012/2013 Kroll Advisory Solutions’ Global Fraud Report.  This year’s study shows that over two-thirds of corporate frauds are committed by insiders, up for the second year in a ... Read More »

Equifax Acquires Controlling Stake in Analytics Company NettPositive India

According to Reuters, Equifax Inc has acquired a controlling stake in NettPositive Business Analytics, a Bangalore-based company that provides analytics and business intelligence solutions to the financial services, insurance, retail and telecommunications sectors.  The financial terms of the transaction have not been disclosed. With this acquisition, NettPositive’s operations and services will become part of Equifax. NettPositive is a differentiated provider ... Read More »

D&B Global Year-end Review and 2013 Preview Indicates Sluggish, Uncertain Economic Outlook

Despite Business Improvements, the Euro Zone crisis and Fiscal and Social Policies Continue to Hamper Worldwide Recovery with Debt Downgrades at an Unprecedented Level D&B (NYSE: DNB) announced the results of its year-end global economic outlook, a comprehensive study based primarily on an analysis of the company’s proprietary business data. Based on D&B’s modeling and country risk analytics, the report provides ... Read More »

Equifax Announces Signing of Definitive Agreement to Purchase the Credit Services Business of Computer Sciences Corporation for $1.0 Billion

Equifax Inc. (NYSE: EFX) today announced that its subsidiary, Equifax Information Services LLC, has entered into a definitive asset purchase agreement with CSC Credit Services, Inc., a subsidiary of Computer Sciences Corporation (NYSE: CSC), to purchase certain credit services business assets and operations of CSC. The purchase price is $1.0 billion in cash.  As a result of this transaction, Equifax ... Read More »

Australian Risk Climate: Welcome to Comprehensive Credit Reporting and Credit Revolution is Close to Crunch Time

Veda, a leading provider of consumer and commercial data intelligence and insights has today released results from the largest Comprehensive Credit Reporting (CR) simulation ever undertaken in the region.  The passage of Privacy Amendment (Enabling Privacy Protection) Bill 2012 initiates new era for credit issuance in Australia.   Veda Pilot Spotlights the Impact of Comprehensive Credit Reporting Australia now has a ... Read More »

Moody’s Corporation Q3 2012 Revenues Up 30%

Moody’s reported revenue of $688.5 million for the three months ended September 30, 2012, up 30% from $531.3 million for the third quarter of 2011.  Expenses for the third quarter of 2012 totaled $418.8 million, 25% higher than in the prior-year period.  Operating income for the quarter was $269.7 million, a 38% increase from $196.1 million for the same period ... Read More »

European Bank Priorities for 2013: Cross-Selling and Big Data

FICO and EFMA Survey:  54% of risk managers said they will use Big Data to dig deeper into what customers want, and understand their risks. With dark clouds still hanging over the European economic and banking landscape, what are risk managers’ priorities for 2013?  That is a question we raised in the sixth European Credit Risk survey, conducted by FICO ... Read More »

SMERA India Completes 18,000 SME Ratings

SMERA has recently completed its 18,000th rating.  SMERA was the first SME rating agency of India founded in 2005 with primary objective to provide Ratings that are comprehensive, transparent and reliable.  This would facilitate greater and easier flow of credit from the banking sector to MSMEs.   SMERA is a joint initiative by SIDBI (www.sidbi.com), Dun & Bradstreet Information Services India ... Read More »

Australian Risk Climate: Consumers Remain Cautious – Growth in Business Credit Applications Picked Up

Accoriding to Veda’s Consumer Credit Demand Index: July-September 2012, Australian consumers remain cautious in their attitude to credit despite RBA rate cuts; Govt’s mid-year budget review may reinforce trend: Overall consumer credit demand falls 1% year on year Credit card applications down 10% year on year Personal loan applications up 7% year on year Mortgage enquiries remain flat Against the ... Read More »

LexisNexis and BuildFax Team to Expand Homeowners Solutions

LexisNexis Risk Solutions announced a strategic relationship with BuildFax to assist homeowners insurance companies with the challenges associated with insuring homes. LexisNexis® Risk Solutions today announced a strategic relationship with BuildFax to assist homeowners insurance companies with the challenges associated with insuring homes. Through this relationship, insurers will be able to acquire much-needed building permit information to enhance their ability ... Read More »

CRIF S.p.A. Establishes Office in Indonesia

CRIF, a company specializing in the development and management of credit reporting, business information and decision support systems, has opened an office in Jakarta, Indonesia, as part of its regional expansion strategy.  With existing operations in China, and partnerships in Vietnam, India and Bangladesh, the new representative office in Indonesia will strengthen the company’s presence in the country as well ... Read More »