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FICO:  Fast Track Analytics Application Development

Here is useful advice from FICO concerning analytics application development:  From days to minutes:  A payment processor decreased cycle times from days to minutes, lowered cost of operations, achieved a 60% reduction in manual reviews, and reduced fraud losses— all with greater business control. … all within three months: A large international micro-loan provider re-platformed an entire originations process while ... Read More »

Equifax Achieves Milestone in Helping Employers Manage the Affordable Care Act

Award-winning Technology Now Facilitates ACA Compliance for Over 10 Million Employees Equifax Workforce Solutions announced that it has achieved a major milestone in Affordable Care Act (ACA) management for employers. The company’s ACA Management Platform, a software application that automates ACA administrative tasks and helps employers reduce their potential for penalties, is now used to manage compliance for over 10 million ... Read More »

ITE WorldBuild365 launched

ITE Group PLC recently launched WorldBuild365, a digital platform that connects buyers and sellers in the building, design & décor, and interiors industries. Available online and from mobile devices, WorldBuild365 provides in-depth data on the industry, its professionals and products. The platform allows suppliers to add and edit information. In addition to the business conducted on the platform, there is ... Read More »

CoreLogic and ComplianceEase Launch LoanSafe Compliance Manager

New Solution Helps Lenders Comply with Upcoming TILA-RESPA Rule, as well as QM and High Cost Loan Requirements CoreLogic® announced the release of LoanSafe Compliance Manager™, a new solution to help lenders comply with a broad array of federal, state and local residential mortgage lending regulations, including the TILA-RESPA Integrated Disclosure (TRID) rule when it takes effect Aug. 1, 2015. LoanSafe ... Read More »

Coface Appoints Thomas Yong as Chief Commercial Officer, Asia Pacific

Thomas Yong will manage the commercial activities across the Asia Pacific, including new sales, renewal business, customer relationship management and Coface Global Solutions. Thomas, a Business Administration graduate from the National University of Singapore, enjoyed a long and successful career at renowned corporations. Prior to joining Coface, Thomas was Strategy & Operations (SE Asia & Oceania) Director at Samsung Electronic ... Read More »

Online Fraud: EMEA Organizations See it as the Biggest Treat

Account takeover and application fraud experienced the most activity in the past 12 months • ID theft expected to grow and become significant concern for nearly half of credit providers in EMEA Experian recommends the following actions: Attain multiple and new sources of data Achieve a holistic view of customers Provide real-time, consistent and pre-qualified decisions Use multi-channel automation across ... Read More »

FinTech Firm Mambu is Selected to Help Power Lending for Ferratum Group

Cloud banking tech provider Mambu has forged an agreement with the Ferratum Group to power “Ferratum Business”.  This new subsidiary is a designed to provide SME financing and loan service. Mambu’s cloud based, SaaS, will help manage loan application, origination, credit scoring and loan disbursement within one day. According to a release, Mambu’s service will operate in conjunction with existing in-house services already ... Read More »

CoreLogic Enhances Online Leasing Application

New integrative and self-serve administrative capabilities accelerate clients’ go-live implementations CoreLogic®, an analytics and data-enabled services provider, launched an expanded version of Leasing Manager from CoreLogic, a cloud-based online leasing workflow solution for multifamily property owners and managers. Prospective residents applying for an apartment home, leasing professionals and property managers will benefit from greater efficiencies offered by the fully integrated ... Read More »

The Dangers of Internet-of-Things in Healthcare

More Hospitals Adopt Wireless Medical Devices & Wireless Connectivity Medical technologies have been taking a giant leap in the past years, producing instruments that can monitor, store and transmit data on one’s blood pressure, heart rate, glucose level, reparation or oxygen levels in order to produce better medical diagnoses and surveillance. These instruments can be worn, implanted or ingested and ... Read More »

New UK Fraud Industry Body Will Highlight the Cost of Fraud

PKF Littlejohn and Experian to revive the government’s fraud cost estimate.  UK’s only indicator on the total cost of fraud to be launched this year.  A new industry body has been set up to highlight the cost of fraud to UK businesses, charities and the public. The UK Fraud Cost Measurement Committee will seek to revive and enhance the government’s previous Annual ... Read More »

Open Register of Patent Ownership Launched

The Open Register of Patent Ownership (ORoPO) was launched, with the objective of creating a user-friendly and freely accessible database with information about which companies own which patents. Oropo is committed to assembling the first global database of who owns which patents. A report from the ORoPO Foundation stated that as much as 25% of the world’s patent ownership data may be ... Read More »

Russian Risk Climate: Due Diligence Highly Recommended

Russian Tax Authorities recommend conducting due diligence when contracting with new counterparties Corporations and proprietors are often faced with additional VAT and income tax charges due to insufficient Due Diligence when dealing with fraudulent companies (in Russia, ‘fly-by-night’ is a common term used for such entities). Many such entities are involved in tax scams, which prompted the Russian tax authorities ... Read More »

The World Economic Forum: Disruptive Innovations are Reshaping Financial Services

We have recently come across this impressive document published by the World Economic Forum.  Our members should add it to their list of summer readings.  Especially those members who work in credit information services.  Credit and information are intertwined and whatever happens in the financial services sector will ultimately impact credit information.  Intelligent trading platforms which link buyers and sellers ... Read More »

SalesPredict and HG Data in Partnership

Helping B2B Marketing and Sales Teams Improve Demand Gen Targeting and Increase Conversion Rates – Predictive scoring now more refined with data about installed technologies SalesPredict, one of the leaders in Customer Lifecycle Intelligence solutions, and HG Data, one of the global leaders in competitive intelligence on installed technologies, announced today a new data partnership. Under the agreement, SalesPredict’s predictive scoring algorithm will ... Read More »

Alibaba Group Announces Expansion of Cross-Border E-commerce Initiatives

Alibaba will set up country pavilions and cooperate with foreign embassies to enhance global trade between small businesses and the Chinese market Alibaba Group Holding Limited (NYSE:BABA), announced an expansion of its cross-border e-commerce initiatives, including the launch of 11 official country pavilions on its Tmall Global platform and cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies ... Read More »

Australian Risk Climate: Near-term Price Expectations have Dropped Sharply

Near-term price expectations have dropped sharply, with persistent moderate activity in the economy leading more businesses to reconsider the level at which they sell their goods and services. Reflecting soft official inflation data, Dun & Bradstreet’s latest Business Expectations Survey reveals that the Selling Price Expectations Index for the third quarter has dropped to 14.5 points, down from 24 points ... Read More »

Yelp No longer Looking to Sell

Yelp shares fell more than 13% on Thursday July 2after Bloomberg reported that the company is not looking to sell itself. According to the Bloomberg report, based on interviews with people familiar with the matter, Yelp had been approached by several companies but is no longer interested in selling soon. Yelp hired Goldman Sachs after receiving interest from a potential buyer, according ... Read More »