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The World of BIIA

Credinform Russia Announces Educational Initiatives in 2015

Entering into new partnerships is one of development strategies of Credinform (Russia) in 2015. Constructive relationships with High schools and educational centers were established for further training to bring comprehensive practical knowledge about credit risk mitigation to young and experienced professionals in Russia starting at the North-West region. St. Petersburg’s leading universities and educational centers welcomed the idea of Credinform ... Read More »

U.S. Lenders Reluctant to Switch to Better Performing Credit Risk Scoring Models

For an industry that prides itself for being sophisticated with the use of data and advanced analytics adoption to new credit scoring systems is a slow and expensive process. According to VantageScore LLC, three recent independently conducted surveys http://www.vantagescore.com/news-story/140 suggest that slightly more than 50% of the lenders interviewed would consider switching from their existing credit scoring system to one ... Read More »

D&B Completed Acquisition of D&B Credibility Corporation

Dun & Bradstreet, Inc. (“D&B Inc.”), a direct, wholly-owned subsidiary of The Dun & Bradstreet Corporation (the “Company”), completed on May 12th 2015 its previously announced acquisition of Credibility Corp. (“Target”), pursuant to which Brad Acquisition Corp., a direct, wholly-owned subsidiary of D&B Inc., was merged with and into Target, with Target continuing as the surviving corporation (the “Merger”). D&B Inc. paid ... Read More »

MarkLogic Corporation Secures US$102 million Funding

MarkLogic Corporation announced it has closed a $102M round of funding to fuel growth to satisfy global market demand for the MarkLogic® Enterprise NoSQL database platform. The funds will be used to accelerate the company’s global market expansion across Europe, Japan and Asia Pacific, expand its thriving partner ecosystem, and to support continued innovation of the industry’s only new-generation database ... Read More »

PPCB, CRIF’s partner in Vietnam, joins the Vietnam Banking Association

PCB (Vietnam Credit Information Joint Stock Company), whose major shareholder and local strategic partner is CRIF, has officially become a member of the Vietnam Banking Association. During an event held in Hanoi on April 20, the Vietnam Banking Association celebrated the admission of new members and signed a cooperation agreement with PCB. The support and welcome of the members of ... Read More »

TransUnion Canada Announces Paul Devereaux to Lead Its Financial Services Team

TransUnion Canada announced Paul Devereaux has joined the company as vice president of financial services.  With more than 25 years of experience in business development and sales, Devereaux will lead the financial services team as it continues to expand TransUnion’s market share in Canada. Prior to joining TransUnion, Devereaux led Canadian sales for SecureKey Technologies. Devereaux has also served as ... Read More »

Thomson Reuters Reports Q1 2015 Revenues Up 2% at Constant Currency

First quarter 2015 revenues were US$ 3.044 bn down 3% due to the negative impact of foreign currency (5%) Revenues grew 2% on constant currency.  Revenues from ongoing businesses increased 2% (before currency) from the prior-year period driven by the Legal, Tax & Accounting and Intellectual Property & Science businesses, which grew 5% in aggregate (4% organically).  Adjusted EBITDA decreased ... Read More »

London Identity Theft Rates Almost Three Times Higher

Central London and outer areas of the capital face significant targeting by identity thieves London is the country’s identity theft capital, with significantly higher rates than anywhere else in the UK. The statistics are based on the number of fraudulent applications across financial products including: current accounts, loans, mortgages, savings accounts, insurance, automotive and credit cards. The 2014 figures, which ... Read More »

Encompass Enters UK Insolvency and Restructuring Sector

New Encompass Visual Information Management Technology Set to Drive Step Change in UK Insolvency Industry Encompass Corporation, provider of industry-leading visual information management technology to the insolvency and restructuring sector, has announced its Encompass platform is now on general availability release across the UK. Founded in Australia in 2011 by seasoned entrepreneurs Roger Carson (now Global Sales Director) and Wayne ... Read More »

Experian Introduces Enterprise Fraud and ID Business in North America

Dedicated unit launches Big Data fraud service for breach and identity compromise detection At the start of the Vision 2015 Conference, Experian® announced a new dedicated enterprise Fraud and ID business in North America. This newly established business unit allows Experian to more aggressively address the growing variety of fraud risk and identity management challenges businesses, financial institutions and government agencies ... Read More »

WAND Customer Service Taxonomy Released

Wand is proud to announce the latest entry in the WAND Taxonomy Library – the WAND Customer Service Taxonomy.  Customer Service is a vital element in most businesses. It can make all the difference in the success of a company. The WAND Customer Service Taxonomy provides a foundation set of 400 terms and 299 synonyms covering important area topics. You can see the ... Read More »

Dun & Bradstreet Receives Patent for Location-Aware Business Data Retrieval

Dun & Bradstreet received Patent Number 9000132 for Location-Aware Business Data Retrieval.  The application was filed March 4, 2011, and granted on April 14, 2015 as per online notice from the US Patent Office.  The patent relates to location-aware data services for locating prospective business customers according to a geographic centric context.  For further details please click on the US ... Read More »