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Equifax Inc.: Equifax Launches Game-Changing Solution for the Whole Loan Market

 Recognizing the evolving needs of today’s whole loan secondary market, Equifax Inc. (NYSE: EFX) has responded to customer demand by developing a user-friendly, online solution for investors and lenders. Equifax’s new whole loan solution provides up-to-date borrower credit scores and data across all accounts for non-securitized mortgage and home equity loans — enabling rapid turnaround of this critical data for investors. This ... Read More »

Australian Credit Climate: Number of Consumers Applying for a Credit Limit has Halfed since Beginning of 2011

Australian consumers are putting their credit cards away in the lead up to Christmas. According to the Dun & Bradstreet survey of Consumer Credit Expectations, nearly two thirds of consumers will use their own savings to pay for additional expenses in the December quarter.  Dun & Bradstreet CEO, Christine Christian, said that Australians seemed to be turning away from the ... Read More »

Thai Flooding: News from BIIA members AR Research and BOL Bangkok

Thailand raced this week to build floodwalls at the outskirts of Bangkok to prevent the worst floods in half a century from inundating the city.  It is a sad situation to see so many people affected by the flood.  According to the Financial Times the flood could interrupt Japanese supply chains. BIIA learned from its Thai members AR Research and ... Read More »

Equifax Completes Acquisition of eThority

Equifax Inc. (NYSE: EFX), announced today it has completed its previously announced acquisition of eThority. The company is an innovative provider of workplace and other analytical software that brings powerful, easy-to-use data interaction and reporting to business enterprises of all sizes. Financial terms for the transaction were not disclosed. eThority is now part of TALX, Equifax’s workforce solutions business unit. ... Read More »

Creditreform Germany Feels the Pulse of the German Medium-sized Companies (Mittelstand)

Business confidence in this important economic sector is rising with 40.7% of surveyed companies reporting increases in sales. Sales trends are up: This important economic sector of the German economy appears not to be infected by the current bad economic news.  Business optimism indicators identified by Creditreform are up from the previous year.  Business described the current business climate with ... Read More »

Management Changes at BISNODE: Johan Wall Resigns; Fredrik Åkerman Appointed acting CEO

Johan Wall leaves his position as CEO of Bisnode. Fredrik Åkerman, Business Area Director and CFO of Bisnode, has been appointed to serve as acting CEO until a replacement has been installed. Håkan Ramsin, Chairman of the Board of Bisnode, comments: “During his three years as CEO, Johan has successfully implemented a new business plan and strategy, and has carried ... Read More »

Country Risk Climate: Atradius Market Monitor Report for France, Germany, Mexico, Finland, Poland and Hungary

The latest Atradius Market Monitor Report focuses on the consumer durables and food industries in France, Germany and Mexico. We also look at the consumer durables industry in Finland, Poland and Hungary.  To read the full report click on the link below. Atradius Market Monitor: A monthly country snapshot by Atradius underwriters and economists with the issues that are currently ... Read More »

Australia: Credit Reporting Reforms Supported by Senate Committee

 BIIA member Veda urged the Federal Government to act swiftly to finalise new credit reporting legislation after a Senate Committee Report supported provisions of a draft exposure bill.  Proposals for credit reporting reform were first recommended in 2008 by the Australian Law Reform Commission (ALRC). Matthew Strassberg, Senior Advisor of External Relations at Veda, said: “There is a risk the ... Read More »

Equifax and Arthur J. Gallagher & Co. Empower Financial Institutions to Tackle Borrower Misrepresentation and Mortgage Fraud

Committed to assisting lenders in mitigating loan buy-back risk, Equifax Inc. (NYSE: EFX) has launched the industry’s most comprehensive borrower misrepresentation solution for hidden debt. Lenders who use Equifax’s premier undisclosed debt monitoring solution can now gain access to an exclusive insurance program, offered through Arthur J. Gallagher & Co. (NYSE: AJG). By covering losses tied to loan repurchases resulting ... Read More »

The Evolving Credit Rating Agency Arena

BIIA Co-founder member Outsell Inc. recently published a report providing a deeper analysis of the credit rating agencies (CRA) sub-segment.   This report examines the current competitive positioning of the leaders and identifies potential disruptions to their stronghold.   It highlights budding yet real threats to incumbents, examines firms vying for investors’ surveillance ratings budgetary dollars, and touches on legal and regulatory ... Read More »

Creditreform Rating AG Now a European Credit Ratings Agency

The European credit rating market is on the move. In the light of the call for a European response to the American rating oligopoly, the implementation of the EU regulation on the registration of rating agencies and increasing concerns of just German medium-sized companies on the capital market financing European agencies gain further importance. One of the latest movers on ... Read More »

D&B Announces Availability of D&B360TM for Oracle CRM On Demand and Oracle’s Siebel CRM

D&B (NYSE: DNB) announced that D&B360 is now available for Oracle (News – Alert) CRM On Demand and Oracle’s Siebel CRM. Now, Oracle customers can benefit from D&B’s data on more than 200 million global businesses and 53 million contacts, with information available where they need it – directly within the applications they use every day. With D&B360’s world-class data ... Read More »

Equifax to Acquire eThority for its TALX Business Unit

Equifax Inc. (NYSE: EFX), announced it has reached an agreement to acquire eThority, an innovative provider of workplace and other analytical software that brings powerful, easy-to-use data interaction and reporting to business enterprises of all sizes. Financial terms for the transaction were not disclosed. eThority will become part of TALX, Equifax’s workforce solutions business unit. eThority creates and markets analytics ... Read More »

Australian Credit Climate: Australian Businesses Expect Slow Demand

Australian businesses remain cautious about the outlook for Christmas amid expectations of slowing demand and greater economic uncertainty. According to the Dun & Bradstreet Business Expectations Survey for the December quarter, firms are keeping expectations for the holiday period firmly in check with more than 50 per cent of firms anticipating demand to slow over the next 12 months. Dun ... Read More »