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TransUnion Expands Footprint in Asia by Entering Indonesia

TransUnion has opened its first representative office in Jakarta, Indonesia, to assist customers in the information and analytics arena brought about by the robust economic growth of the country. The new Jakarta office will offer a range of value-added services to local industries, in particular the financial service industry.  These services – ranging from analytic and decisioning to risk, collections ... 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 »

Australian Risk Climate: Outlook for 2013 a Mixed Bag

The Australian business outlook for 2013 is mixed, with Australian executives indicating that sales, inventories, selling prices and employment will fall but investment and profits will rise. Dun & Bradstreet’s latest National Business Expectations Survey reveals that sales expectations have fallen 12 points to an index of 21 however, the index remains that the second highest level in the last ... 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 »

German Risk Climate: Company Insolvencies

Creditreform Germany expects a slight decrease in company insolvencies (-2.1%) from prior year.  The decline in insolvencies was largely due to an economic upturn in comparison to the 2009 which saw a sharp increase in insolvencies.  The accompanying chart shows the total number of insolvencies (left hand vertical axis) and the percent changes (right hand vertical axis). Source:  Creditreform Germany Read More »

TransUnion: Hospitals See Point-of-Service (POS) Intelligence as Key to Tackling Growing Revenue Cycle Challenges

A TransUnion Healthcare survey of healthcare executives found that hospitals and health systems across the country see point-of-service (POS) technology as a key tool for managing patient payment challenges threatening their bottom lines. Ninety-three percent of executives participating in the survey said their institutions are either using POS technologies or have plans to invest in them. Most executives surveyed believe ... Read More »

Australian Risk Climate: National Credit Manager Survey Confirms 2012 was Tough for Creditors; 2013 Looking More Positive

Australia’s credit managers have confirmed that 2012 was a particularly tough year for creditors, with most battening down the hatches and insulating their organizations from potential defaults via tighter lending criteria, shortening payments terms and a tougher line on unpaid accounts. Released today the Credit Management in Australia 2012 report from Veda, Asia Pacific’s leading provider of consumer and commercial ... Read More »

Bisnode Acquires Inform Operation in Norway

Bisnode further strengthens its position in the marketing solutions area in Norway by acquiring Eniro’s operations Inform. Inform provides information about companies and individuals that can be used for various sales and marketing activities, such as telesales, direct marketing and analysis of business opportunities. Inform’s services include analysis assistance and enhancement of data, as well as maintenance and updating of ... Read More »

Hoppenstedt Firmeninformationen Adds Product Modules with IT Information

As of now, the new company database of the German company information firm Hoppenstedt offers modules with extensive information about IT Systems used in the listed companies. Hoppenstedt Firmeninformationen is integrating IT profiles into its Online Information platform, which before had only been available offline in a CD version. This is a further step by Hoppenstedt towards evolving its “Neue ... Read More »

Equifax Introduces CreditStyle® Pro

New Product Gauging Household Financial Capacity to Improve Marketing and Risk Analytics Equifax announced today the availability of CreditStyles® Pro, which enables marketers and risk executives at financial institutions, automotive finance companies and dealers, insurers, retailers and telecommunications companies to strategically differentiate customers by presenting aggregated household credit measures —  enabling organizations to better understand their customers’ likely credit capacity, needs and ... Read More »

Equifax Reports Up To 21 Percent of Consumer Bank Accounts May Also Be Small Business Owners

Overlap offers new revenue generation and customer relationship opportunities Up to 21 percent of a financial institution’s consumer accounts in a portfolio may also be small business owners or principals, according to a recent Equifax (NYSE: EFX) data analysis presented as part of a webinar entitled, “Increasing the Value of Your Data Across the B2B Sales & Marketing Ecosystem,” which ... Read More »

Panjiva Co-Founder Psota Discusses Big Data Revolution at MIT Conference

Underscoring the company’s ongoing commitment to advancing innovation in the sourcing industry and beyond, Panjiva, the B2B platform powering the business of global trade, co-founder and CTO James Psota has led a discussion on Big Data technology at the Big Data Conference during the MIT-CHIEF event.  As one of the region’s leading technologists adept at leveraging data mining to make ... Read More »

European Economic Climate: BISNODE Predicts Moderate Economic Slowdown

Europe’s leading business information supplier Bisnode has published an aggregate report of bankruptcies and business startups for the third quarter of 2012, indicating continued economic slowdown for the region.   Adjusted for seasonal factors, the trend of decreased business startups and increased bankruptcies remains.  Businesses in the transport and communication industries continue to suffer due to fierce competition and increased fuel ... Read More »

Global Sourcing: 7 Tips to Find a Great Overseas Supplier

You’ve developed a product. So how do you find a cost-effective and reliable supplier? Globalization means the world is your supply oyster–but how do you actually find the best supplier for your product? Here are some tips from Josh Green, the CEO of Panjiva, a global trade intelligence platform used by over 1 million people a month (and 40 Fortune ... Read More »