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TransUnion Completes Acquisition of Majority Share of CRBAfrica – Expands Footprint in Africa

TransUnion Corp., South Africa announced the completion of  its previously announced purchase of a majority share in CRBAfrica, a credit risk management organization with a presence in eight countries across Africa. The acquisition significantly expands TransUnion’s footprint in Africa. Building on its existing presence in South Africa, Namibia, Botswana, Zimbabwe and Swaziland, TransUnion can now enhance operations in Botswana and ... Read More »

TransUnion Appoints Angus Choi as Managing Director in Hong Kong

BIIA member TransUnion has appointed retail banking veteran Angus Choi as managing director for Hong Kong.  Mr. Choi takes over this role from Lawrence Tsong, who had been overseeing the company’s Hong Kong operations as part of his role as president of Asia Pacific.  He will report directly to Mr. Tsong. In this new role, Mr. Choi will be responsible ... Read More »

Outsell Analyst Chuck Richard Knocks the “200 Free Leads” Business

Information industry analyst Chuck Richard took aim at a broad swath of data vendors offering low-cost marketing and sales leads, proclaiming that “shallowly pre-qualified contacts” are fueling the “200” or “500 free leads” offers that are sending a dangerous signal to the industry. In an analysis published by information-industry advisory firm Outsell, Richard argues that marketers surveyed by the research firm ... Read More »

Sinotrust Analyzed the 150k-190k Yuan Passenger Car Market Outlook

At the Automotive Market Video Conference hosted by the China Automobile Dealers Association and jointly organized by Sinotrust, the China Passenger Cars Association and Auto Sohu, Ms. Wang Zhi, Deputy Director of Research & Consulting Department of Sinotrust Automotive Marketing Solutions delivered a keynote speech themed 150k-190k Yuan Market, Next Focus? According to Wang, the distribution of passenger car prices ... Read More »

Sinotrust: China’s Toy Industry Enjoys Huge Market Potential

Sinotrust, China’s leading market research institution, recently pointed out that the toy industry is a sunrise industry in China after multiple surveys on the kids market. At present, the world’s toy market is growing at the average rate of 5% per year. However, as compared with the overseas toy market, the domestic toy market lags behind for over a decade ... Read More »

BIIA Member Panjiva’s Trend Spotting Reveals Potential Supply Chain Disruptions

BIIA Member Panjiva’s unique trend spotting services help companies to spot opportunities and potential problems in global supply chains.   Here is just one example of potentkial supply chain disruption in international energy flows. America is in the middle of a natural gas boom, due in part to explosive growth in the shale gas industry. News reports say that the spike in ... Read More »

Lenders Cautious about Prospects for Residential Mortgage Markets

New Efma-CRIF study provides insight into possible impacts of the European Commission’s proposal for a directive on credit agreements relating to residential property; reveals significant fragility in residential mortgage market.​ CRIF, a global company specializing in the development and management of credit reporting, business information and decision support systems, and Efma, the retail financial services community, today published a new ... Read More »

Schufa Germany: Research Project Concerning the Mining of Social Media Data Draws Political Flak

According to press reports SCHUFA, Germany’s largest consumer credit information supplier plans to use information it gathers online, including information from individual social media such as Facebook and others, in its analysis of an individual’s creditworthiness.  SCHUFA, plans to use Social Media data to study a person’s relationships in determining how that might affect their ability to pay their bills, ... Read More »

Creditreform Germany 2011 Overall Annual Results Flat – Growth in Factoring Services

Creditreform Germany reported 2011 revenues of Euro 488 million slightly below the 2010 results of Euro 489 million.  Revenue distribution by services sectors were as follows:  Business information Euro 263 million versus 2010 revenues of Euro 260 million, up 1%.  Receivables management services were Euro 199 million versus Euro 197 million in the prior year, up 1%.  Revenues for other ... Read More »

Bisnode sells Kompass in the Nordics

Bisnode has sold Kompass in Sweden, Norway, Denmark and Finland. Kompass offers ad-based search services that identify companies, industries and specific products. This transaction is in line with Bisnode’s strategy to refine the business and focus on growth in the core offering. Kompass Nordic is a part of a global franchise concept.  Currently, Kompass is present in 70 countries across ... Read More »

Equifax Launches Compliance Solutions for Allowance for Loan and Lease Loss Evaluation (ALLL)

New Equifax Portfolio Review Solution Helps Facilitate ALLL Regulatory Compliance and Junior Lien Reclassification Strategies for Financial Institutions Challenging market conditions and recently updated federal regulatory guidelines are compelling financial institutions to enhance portfolio evaluation methodologies in order to accurately compute their Allowance for Loan and Lease Loss (ALLL).  In order to help these organizations, Equifax has announced its new ... Read More »

LexisNexis Acquires Sanction Solutions

LexisNexis® Legal & Professional announced that it has acquired Sanction Solutions®, a leading provider of innovative presentation software and services used by lawyers, paralegals and litigation support directors. Sanction® litigation presentation software provides litigators a single resource to quickly assemble documents, exhibits, transcripts, questions, visuals and video that will be used to manage and present evidence throughout litigation, categorize them, ... Read More »

Australian Risk Climate: Firms Brace for Falling Profits

Dun & Bradstreet’s latest National Business Expectations Survey reveals that sales expectations are now at their lowest point in twelve quarters, following a fall of 13 index points against June quarter figures. A similar decline (13 points) in profits expectations has placed the index in negative territory at -5. Dismal sales and profits expectations are flowing through to other key ... Read More »

South African Risk Climate: Unsecured Lending a Threat

The double-digit growth in unsecured lending has become a threat to SA’s consumer credit health said Geoff Miller, CEO of TransUnion South Africa, following the release of its SA Consumer Index (CCI). The CCI, a measure of trends in consumer credit health, has declined to a level of 50.7 for the second quarter of 2012 from a revised 54.3 for ... Read More »