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Veda Launches Knowledge Based Authentication to Help Fight Fraud

Veda Group Limited (Veda) has launched Knowledge Based Authentication (KBA), the latest feature to their renowned IDMatrix electronic identity verification service.   With Australians losing an estimated $1.4 billion to personal fraud each year, Veda’s KBA feature, designed to fight fraud, was well received by the credit industry at Veda’s launch event in Sydney last week. Identity crime is one of ... Read More »

Global Accounting Set for Overhaul by Tech Trends

The Association of Chartered Certified Accountants (ACCA) has identified 10 technology trends that is says will change the face of company reporting, and require accountants to learn new skills and competencies to keep up. The global body for professional accountants’ report “Digital Darwinism: thriving in the face of technology change” says these trends will significantly impact the global accounting profession ... Read More »

Iron Solutions Doubles Headquarters Office Space, Announces Plans to Add Staff

Iron Solutions, the company that specializes in providing data, intelligence, and technology tools for equipment dealer profitability, is expanding at its Franklin headquarters, doubling its office space and adding staff. Iron Solutions is now occupying two floors of the three-story office building at 660 Bakers Bridge Avenue, with a total of more than 12,000 square feet of space. The company ... Read More »

Country Risk Climate: ‘Nearly three quarters of European firms affected by fraud’

The number of companies affected by fraudulent activity has jumped year-on-year to 71 per cent, according to over 900 senior executives polled globally in the latest Kroll Global Fraud Report. This is sharply up from their previous year’s findings, which indicated 63 per cent of European companies were affected by fraud. The new 2013 report further noted an increase in ... Read More »

TransUnion: Court Approves TU’s Bid to Acquire TLO for US154 million

Technology and Offerings Will Complement and Enhance TransUnion’s Current Capabilities TransUnion announced that the U.S. Bankruptcy Court for the Southern District of Florida has approved its bid to acquire TLO, a leading company in the risk information and analytics industry based in Boca Raton, Fla. Today’s decision marks the end of a court-managed sale process that included a motion filed by ... Read More »

D&B Announces Winners of Inaugural DC Techathon

Top Development Teams Selected for Innovative Approaches to Combat Public Sector Malfeasance D&B (NYSE: DNB) announced the winners of its Inaugural DC Techathon held recently at Microsoft’s Chevy Chase Campus in Washington, DC.  More than 100 developers in twenty-two teams competed over two days for a total of $30,000 in cash and prizes. Teams were tasked with building solutions to combat malfeasance in the public ... Read More »

Wand Releases Accounting Taxonomy

BIIA member Wand announces that the WAND Accounting Taxonomy is the latest addition to the WAND Taxonomy Library.  WAND’s General Business Taxonomy has a branch for accounting and finance, but it includes just 86 terms. However, these 86 terms just scratch the surface.  The WAND Accounting Taxonomy goes deep.  It includes 899 preferred terms and 692 synonyms and goes deep into important corporate accounting concepts. ... Read More »

TransUnion Survey: Healthcare Cost Transparency Major Factor in Patients’ Choice of Providers

Total Cost of Healthcare, Out-of-Pocket Costs Primary Concern Regarding Affordable Care Act The results of a survey of insured healthcare consumers, released today by TransUnion Healthcare, found that cost transparency is becoming an important factor in patient decisions to seek care, as well as their choice of providers. This survey is the second in a series of TransUnion Healthcare reports ... Read More »

Where to Get an Education in B2B Content Marketing?

I recently got my hands on a copy of Joe Pulizzi’s new book, Epic Content Marketing, and I can’t say enough good things about it.  Truth is, as content marketing has exploded in the last couple of years, a jillion books on the subject have come along.  But this is the one to acquire for your marketing library, for two ... Read More »

CRIF Rating Agency Appoints Michael L. Buneman as Senior Adviser

CRIF Rating Agency has announced that it has appointed former Moody’s executive Michael L. Buneman as Senior Adviser for its pan-European expansion. In his work with CRIF Rating Agency, Michael will be tasked with the developing of the Agency’s franchises outside of Italy, focusing initially on the Spanish debt capital markets, and subsequently in France and the German-speaking countries.  His ... Read More »

BOL (Business Online Thailand Q3 2013 Profits Up – Revenue down 6.1%

Bangkok-based business information provider, Business Online (BOL), announced its financial results for the quarter ended 30th September 2013.  Revenues for the quarter were US$2.8 million, a decrease of 6.1% from the same quarter last year. Net income in the quarter was up 20%, amounting to US$568,000. More than half of BOL’s revenues were generated from its online information service amounting ... Read More »

Credit Information Q3 2013 Growth Rates are Buffeted by Headwinds

Headwinds almost everywhere!  From marketing to credit information and ratings.  Comments to this effect came from the CEOs of Equifax, Experian and TransUnion although Equifax’s growth rates were above those of its competitors.  The headwinds appear to be in mortgage markets retarding growth. Experian’s organic growth was 6% while Equifax grew organically by 9%.  Equifax’s commercial solutions grew at 10%, unfortunately ... Read More »

TransUnion Reports Third Quarter 2013 Results

TransUnion announced total revenue for the third quarter increased 2.7 percent compared to the third quarter of 2012.  Weakening foreign currencies accounted for a decrease in revenue of 1.9 percent, while acquisitions accounted for an increase in revenue of 1.1 percent. Revenue in the Interactive segment increased 10.5 percent compared to the third quarter of 2012, driven by an increase ... Read More »

CRIF: Ranked in 2013 FinTech100

CRIF, which supports over 2,400 banks, credit unions, as well as financial and non-financial institutions in over 40 countries, has been ranked in the 2013 FinTech 100.  The prestigious listing recognizes the top global providers of financial technology. Released by American Banker, Bank Technology News and IDC Financial Insights, the listing is an annual international ranking of the top vertical ... Read More »

BISNODE Q3 2013 Revenues Down 1.7% – For Nine Months -1.3%

Bisnode’s total revenues amounted for Q3 were SEK 867 million (884).  Organic growth was -1.7 per cent (adjusted for foreign exchange effects), with negative growth in Region Nordic.  DACH and BeNeFra partially offset by a positive sales trend in Central Europe.  Operating margin (EBITA) was 7.1 per cent (7.8). Total revenues for nine months (January – September) amounted to SEK ... Read More »

Tinubu Square Implements Risk Management for Eurotoll

European heavy goods vehicle (HGV) tolling credit risk management is being streamlined via a new, advanced system from Tinubu Square.   The Tinubu Square has implemented at Eurotoll credit management processes that provide real-time visibility into trade credit exposure, reduced cost of credit and the number of accounts in arrears and optimized credit insurance premiums and coverage.  With the use of ... Read More »

Apptus: Check-box Navigation

Check-box navigation is eSales’ somewhat sophisticated way to support what is known in the e-commerce sphere as faceted navigation. This feature is introduced in eSales 3.8 and complements the standard filter feature already present in eSales. Check-box navigation replaces the filter in terms of faceted navigation. Filters are still the appropriate way to make a priori restrictions of result sets ... Read More »