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Creditreform Germany Reports 2013 Revenues Flat

Creditreform Germany reported domestic revenues of Euro 491 million for 2013 versus Euro 493 in 2012 (-.4%).  Worldwide revenues were Euro 547 million in 2013 versus Euro 551 million in 2012 (-.7%).  Unfortunately Creditreform no longer provides a revenue breakdown for its subsidiaries.   Without a breakdown of its services it is difficult to determine which services grew and which are ... Read More »

Moody’s Secures Majority Equity Ownership Stake in ICRA

Moody’s Corporation (NYSE:MCO) announced that it has secured a majority equity ownership stake in ICRA Ltd., a leading provider of credit ratings and research in India, increasing its stake from 28.5% to over 50.0%. “The successful conclusion of our offer for a majority stake in ICRA will allow us to extend our strong ties as we work together to serve ... Read More »

TransUnion Launches First-Ever Instant Alerts Feature

New Feature Alerts Members Instantly to Changes to Their Credit Report, Helps Fight Identity Theft and Fraud Faster In the USA the number of identity fraud victims jumped to 13.1 million in 2013, a recent report from Javelin Strategy & Research finds.  That’s the second highest number of victims since Javelin began conducting its annual study in 2004. This translates to ... Read More »

TransUnion Hong Kong: Over half of Population in Debt to Personal Loans

Survey shows 30% have personal loans over HK$10,000; 40% rack up more than HK$5,000/ month in credit card debt In a time of low interest rates, over half of Hong Kongers currently have personal loans under their belt – a survey by TransUnion, Hong Kong’s credit reference agency, has found.  More than 30% of 500 Hong Kong natives surveyed said ... Read More »

Wand Releases New Taxonomy for Electric and Gas Utilities

Wand released the new WAND Electric and Gas Utility Taxonomy which is ideal for any energy utility companies and includes 3047 terms. Top level terms in this taxonomy include Air and Environmental Safety, DSM and Renewable Solutions, Electric, Energy Acquisition Engineering and Planning, Energy Construction Operations and Maintenance, Energy Equipment, Energy Independence, Energy Management, Energy Program, Energy Regulatory and Compliance, Energy ... Read More »

Wand Releases New Logistics Taxonomy

Logistics is a vital component of every business that buys, sells, or manufactures goods.   WAND is announcing the release of the WAND Logistics Taxonomy covering topics, documents, and processes involved in the movement of products, equipment and supplies. The WAND Logistics Taxonomy includes 1497 terms and 208 synonyms. Top level terms include Logistics Documents, Forward Logistics, Reverse Logistics, Transportation, Security and Safety, Service Providers, Warehousing ... Read More »

FCPA and Bribery Act Causing Corporate and Consumer Pain

Aggressive enforcement of the US Foreign Corrupt Practices Act and UK Bribery Act are becoming a major source of discomfort for cross-border businesses as well as retail banks and their would-be customers… The process of opening bank accounts have slowed to a crawl for foreigners, with stories of institutions taking a month or more to open new private banking accounts. ... Read More »

Credit Insurance: Trade Environment Improved, but Certain Risks Threat to Recovery

The members of the International Credit Insurance & Surety Association (ICISA) met in Hamburg for their 72nd Annual General Meeting to share and discuss market and industry developments. The economic environment continuous to improve, but it is acknowledged that there are still risks threatening the recovery, such as lack of adequate SME financing, continued high sovereign debt levels and political ... Read More »

Dun & Bradstreet® Releases New Tool for Deeper Insights on Tax Discovery, Audit & Collection

Dun & Bradstreet announced the launch of D&B Revenue Advisor.   The offering will give state and local tax and revenue agencies access to Dun & Bradstreet’s proprietary data and analytics through Information Builders’ easy-to-use WebFOCUS dashboard, allowing customers to achieve greater insight through complete, accurate and current commercial taxpayer information. Providing agencies with a 360-degree view of the commercial taxpayer universe, the ... Read More »

Bisnode Appoints Anders Borg as Chief Technology Officer

Bisnode has announced the appointment of Anders Borg as Chief Technology Officer (CTO).  Bisnode has been through a significant work of change in order to meet the demands of the extreme data growth the world is experiencing, and to refine it to new insights and solutions to help current and new customers make smart decisions. A natural step of this ... Read More »

Australian Risk Climate: Overall Credit Application Fraud on the Rise

Fraud on the rise as credit providers warned to increase their defenses New data shows that credit application fraud in Australia is now at its highest level since 2009, as fraudsters devise new ways to cheat credit providers.  Analysis of Veda’s Shared Fraud Database, a consolidation of confirmed fraud events across Australia, revealed a 27% increase in total credit application ... Read More »

Wand Announces SharepointTaxonomy.com

Wand launches the SharePointTaxonomy.com, a new website designed to be a resource for people interested in learning more about how to use the great SharePoint Managed Metadata service, the SharePoint Term Store, and other taxonomy features in SharePoint 2010, SharePoint 2013, and SharePoint Online. There are three main sections on the site: SharePoint Taxonomy Resources:  Links, videos, webinars, add-on vendors etc. that will ... Read More »

India’s Business Information Gets a Boost

The Indian government has announced strict action will be taken against accountants who file incorrect financial records for businesses there. Previously in India, the Ministry of Corporate Affairs let chartered accountants, cost accountants and company secretaries file self-certified businesses accounts, online. The sea-change in filing regulations is, in part, a consequence of the country’s new Companies Act broadly coming into effect ... Read More »

CRIF Acquires Majority Stake in High Mark Credit Information Services of India

High Mark Credit Information Services Pvt. Ltd. (High Mark), a leading Credit Information Company licensed by the Reserve Bank of India (RBI), announced the acquisition of a strategic stake by CRIF S.p.A., a well-known global company providing credit information services, decision support and software solutions. High Mark is known for its pioneering work in providing bureau coverage for Microfinance Institutions ... Read More »

Australia Risk Climate: Business Concerned about Impact of Federal Budget

Business expectations for the start of the new financial year are mixed across industries, with the outlook from manufacturers and wholesalers continuing recent positive gains, while retailers in particular anticipate a sharp drop in profitability on the back of falling consumer confidence. In addition to the segmented outlook, Dun & Bradstreet’s Business Expectations Survey for Q3 2014 has found that ... Read More »