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Harold McGraw III to Become Chairman Emeritus of McGraw Hill Financial

The Board of Directors of McGraw Hill Financial (NYSE: MHFI) today announced that Harold (“Terry”) McGraw III informed the Board of his decision not to stand for re-election as a director at the Annual Meeting of Shareholders scheduled to take place on April 29, 2015.  In recognition of Mr. McGraw’s many significant contributions to McGraw Hill Financial, the Board of Directors will confer upon ... Read More »

Creditreform’s Financial Database now Updated Weekly

Creditreform’s ‘FirmenWissen’ Financial Statements Database has moved to a weekly updating.  Customers receive an automatic alert when new financial statements have been filed at the company register.  ‘Firmenwissen’ has developed a product modul ‘Company Register’ providing information on company registrations, changes in the status of company including the reasons of a particular change.  Company data is linked to information of ... Read More »

Moody’s to Acquire Equilibrium – Enters Peru

Moody’s Corporation announced that it has agreed to acquire Equilibrium, a leading provider of credit rating and research services in Peru and other countries in Latin America. Based in Peru, Equilibrium has operated since 1996. Following the acquisition, Equilibrium will continue to issue domestic ratings in Peru and Panama with an independent analytical and rating committee process. Renzo Barbieri will ... Read More »

Are Your Board Members a Security Risk?

Thomson Reuters Survey Reveals Increased Cyber Security Risk to Boardroom Communications.  Annual corporate governance survey reveals company boards lack security structures to protect board information  Thomson Reuters surveyed more than 200 corporate and company secretaries across Europe, the Americas, Australia, Asia, Africa and the Middle East to canvass their views on some of the key challenges faced by the board ... Read More »

CRIF Decision Solutions Merges into CRIF to Provide an Integrated and Holistic Approach to Credit Management

As of January 1, 2015, CRIF Decision Solutions is incorporated as a business line into the parent company CRIF S.p.A. The merger will provide an ever more robust offering of know-how, predictive analytics and technology to enable banks, financial institutions, telco, media, energy and utility firms to achieve sound & optimized decision-making and compliant processes in every phase of the ... Read More »

Payment Systems:  Creditreform Introduces CrefoPay

Creditreform Germany introduced its new payment system CrefoPay at the recent CeBIT* Convention and Exhibit Center in Hannover.  In making this announcement, Creditreform President Christian Wolfram stated: “CrefoPay is a complete solution for payment processing in online trading.  More and more consumers take advantage of shopping on the Internet – mobile generated sales in 2014 has risen 42% alone in ... Read More »

Dun & Bradstreet Named First SBFE Certified Vendor

Dun & Bradstreet (NYSE:DNB) became the first certified vendor of the Small Business Financial Exchange, Inc.’s wholly owned subsidiary SBFE, LLC (SBFE®).  As an SBFE Certified Vendor™, Dun &Bradstreetgains access to the SBFE Data ™ on more than 24 million small businesses.  Combined with Dun & Bradstreet’s global commercial data and analytics, the enhanced information will allow Dun & Bradstreet’s financial services customers who ... Read More »

Hearst Corporation to Increase Equity Interest in Fitch Group to 80 Percent

Hearst Corporation announced that it will purchase from Fimalac S.A. an additional 30 percent interest in global ratings agency Fitch Group, bringing Hearst’s equity interest to 80 percent.  Fimalac will retain a 20 percent equity interest in Fitch Group. The transaction is valued at $1.965 billion. Hearst acquired its original interest in Fitch Group in March 2006 and had most recently held 50 percent of ... Read More »

ICRA Rating India: Chairman P.K. Choudhury to Retire

PK Choudhury to Retire from ICRA, Board Names Arun Duggal as Chairman Designate The Board of Directors of ICRA Limited today notified the Stock Exchanges that Mr. Pranab Kumar Choudhury intends to retire from ICRA.  He will resign as Chairman of ICRA Limited, CEO of Group ICRA, and as Chairman of all related entities effective January 29, 2015. At its ... Read More »