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Regulatory Strategies Wins Consultancy Award for Second Year

Nottingham-based consultancy Regulatory Strategies Limited has been announced as the winner of the Most Outstanding Regulatory Consultancy Award (UK) for 2015 by leading corporate finance publication, Acquisition International Magazine, having won the same award in 2014. This year a particular citation was to be recognised for its innovation in the uses and applications of credit data in the development of ... Read More »

China’s State Council Releases Latest Directive on Exhibitions Industry

China’s State Council, headed by Premier Li Keqiang, has release an official directive which aims to boost development of the country’s exhibition industry.  According to the lengthy guidelines, a ministerial joint conference, including a dozen central government departments, will be established to coordinate the formulation and implementation of new market rules. The Chinese government has set a target to turn ... Read More »

Financial Inclusion: Benefits of Alternative Data

New PERC Paper finds Growing Research Consensus on Benefits of Alternative Data PERC released a new report recently that highlights the growing consensus on the credit market impacts of using alternative data. PERC’s report Research Consensus Confirms Benefits of Alternative Data synthesizes findings from a diverse group of studies conducted by the private sector and other research organizations. Among key ... Read More »

Consumer Lender Kreditech Investigates Insider Breach

Kreditech, a consumer finance startup that specializes in lending to “unbanked” consumers with little or no credit rating, is investigating a data breach that came to light after malicious hackers posted thousands of applicants’ personal and financial records online (according to KrebsOnSecurity). A source pointed KrebsOnSecurity to a Web site reachable only via Tor, a software package that directs Internet traffic through a free, ... Read More »

Schufa Offers Data management Service Packets for Individuals

BIIA member Schufa offers data management service packets for individuals ranging from providing identity protection to access to information on businesses.  Individuals are able to seek advice on matters relating to financial inclusion, identity protection, how to deal with companies providing services such as home remodeling, repairs and hire purchase financing.  The service is provided in German, English and Turkish. ... Read More »

LinkedIn Q4 Revenue Growth Up 44%

LinkedIn reported revenue for the fourth quarter of $643 million, an increase of 44% compared to $447 million in the fourth quarter of 2013. Total revenue in 2014 was $2,219 million, an increase of 45% compared to $1,529 million in 2013. Net income attributable to common stockholders for the fourth quarter was $3 million, compared to net income of $4 ... Read More »

Google Acquires Odysee

Google has acquired Odysee, and the platform team behind the app will join the group of developers at Google+. The photo backup and sharing app allowed iOS and Android app users to automatically back up their photos and videos to their home computer or to a cloud server from their smartphones. The acquisition fuels rumors that Google will separate its ... Read More »

EU Commission Green Paper on Building a Capital Markets Union – Implications for Credit Information

The European Commission published on February 18th a Green Paper on Building a Capital Markets Union. The Green Paper launches a consultation on the measures to be taken by the EU measures in order to create a single market for capital financing, with the focus on diversifying sources of funding, especially for SMEs, and removing obstacles for cross-border financing. This initiative, ... Read More »

AXIO Data Group Completes Acquisition of FlightView

AXIO Data Group (AXIO) has announced that OAG, AXIO’s aviation division, has completed the acquisition of FlightView, Inc., the leading Boston-based provider of real-time flight information solutions for the aviation and travel industries. FlightView‘s products help aviation and travel professionals achieve superior customer service, operational efficiencies, and has attracted strong brand loyalty with easy to use real-time information. FlightView brings ... Read More »

Dun & Bradstreet Credibility Corp. Announced new Business Verification Tool

Dun & Bradstreet Credibility Corp. has developed a new business verification tool for active and veteran military service members. Veteran VERIFIED uses an authentication process that works to help small business owners who are members of the armed forces elevate their military profile and win government contracts or funding for veteran-owned establishments. A veteran who passes the verification will be able to post a veteran ... Read More »