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India: Wilful Defaulters May Face Trial in 30 Days

Over 40,000 cases worth Rs 1.73 lakh crore (US$28bn) of Wilful Defaults: The India finance ministry had set up a committee to come up with effective measures to deal with wilful defaulters The Indian finance ministry had set up a committee to suggest measures to deal with wilful defaulters. VK Bhasin, former secretary in the law ministry’s legal department, is the advisor ... Read More »

Equifax Q3 2014 Revenue Up 7%

Equifax Inc. reported revenue from continuing operations of $613.4 million in the third quarter of 2014, a 7 percent increase from the third quarter of 2013 and a 8 percent increase in local currency.  Local currency fluctuations against the U.S. Dollar negatively impacted the revenue by $5.6 million in the third quarter of 2014. Third quarter diluted EPS from continuing ... Read More »

Happy Birthday to the FICO® Score!

Congratulations to FICO from BIIA! The FICO® Score is 25 years old in 2014.  Introduced in 1989, it democratized access to credit by removing many of the barriers to fair lending.  For the first time, lenders could assess someone’s creditworthiness scientifically and objectively. Over the last 25 years, the FICO® Score has adapted to remaining the most predictive consumer credit ... Read More »

Majority of Very Late Payments Remain Uncollected in the Americas

More than half of the value of B2B receivables over 90 days past due were written off as uncollectable by businesses in Brazil, Canada, Mexico and the United States (the Americas). The September 2014 edition of the Atradius Payment Practice Barometer, a survey of B2B suppliers in Brazil, Canada, Mexico and the US, found that, on average, 38.4% of the ... Read More »

Verisk Analytics, Inc., Acquires Dart Consulting Limited

Verisk Analytics, Inc. announced the acquisition of Dart, a leading provider of benchmarking and advisory solutions to financial services institutions in Australia, New Zealand, and other key Asia-Pacific markets.  As part of the Argus business of Verisk Analytics, Dart will provide benchmarking solutions and professional services critical to financial services institutions in the optimal management of lending and payment portfolios. ... Read More »

Acxiom Hires Key Executives

Appoints Recognized Leading Executives to Drive Growth of Global Analytics and Consulting Business, and Award-Winning Digital Impact;  New leader for West Coast Also Named Acxiom® announced three strategic hires, further strengthening its executive bench. Peter Davis joins as group vice president, global consulting and analytics.  He joins Acxiom from BCG consulting and also served as an advisor for McKinsey. Additionally, ... Read More »

3D Printing Market in Emerging Economies

3D Printing Market in Emerging Economies is Expected to Reach $4.5 Billion by 2020 – According to Allied Market Research A new report by Allied Market Research titled, “3D Printing Market in Emerging Economies (China, India, UAE, Brazil, South Africa) – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020“, indicates that the 3D printing market in emerging economies would reach $4.5 billion by 2020 ... Read More »

Country Risk Climates: Trends to Keep an Eye On

Bulgaria – a new minority coalition government, weak and likely unstable. Georgia – questions about the wounded regime’s leanings; Mongolia – the next government will have a tough time to start with. BURKINA FASO: The new military rulers are under intense pressure to hand power to a civilian government, but for now uncertainty prevails that is not doing the economy ... Read More »

Nielsen Acquires Media and Market Research Firm Affinnova

Nielsen has recently completed its acquisition of Affinnova, an international media and marketing research firm. The Affinnova team will become part of Nielsen’s Innovation Practice area, expanding the team globally and accelerating delivery of a suite of digitally-enabled, innovative solutions for every step of the new product development and activation process. “This is a great day for Nielsen and a ... Read More »

Six Steps To Become A Digital Business – Digital Transforms the Game of Business

Business leaders don’t think of digital as central to their business because in the past, it hasn’t been.  But now your customers, your products, your business operations, and your competitors are fundamentally digital.  A piecemeal strategy of bolting on digital channels or methods is no longer sufficient. Instead, you must think of your company as part of a dynamic ecosystem ... Read More »

Encompass Introduces Bulk Search

To provide the fastest and most efficient search method possible, Encompass has  introduced a brand new feature:  Bulk search.  Reduce search cost and increase productivity by performing multiple searches at once. Simply input the search criteria for all the searches you need to do in one step, choose which workspace to add the results to, and Encompass will do the ... Read More »

Singapore: Credit Bureau Scene Could Do with more Competition

New regulations are being proposed for better oversight of Singapore’s credit bureaus. But the fundamental problem of an unequal playing field in the industry has yet to be addressed. Dr. Michael Turner of PERC launched recently an article in the Singapore Straights Times opines that the Singapore credit bureau setup is monopolistic.  Given the size of the market one could ... Read More »

HG Data Private Vendor Watchlist Profile: Value-Added Content Through Advanced Data Science

IDC recently published a report on HG Data.  The IDC Insight analyzes HG Data, a company playing in the value-added content market, and reviews key success factors: market potential, products and services, competitive edge, customers, and corporate strategy. Detailed sub-questions make up each of the five success factors, which are assigned a value from 1 (weak) to 4 (strong). Leveraging ... Read More »

Australian Risk Climate: Sales outlook Hits 14-year High

D&B Business Expectations Survey Q1 2015 – Business Activity to Lift in 2015 – Sales outlook Hits 14-year High This year’s gradually improving business outlook looks set to continue into 2015, with the latest survey of Australian firms revealing that an increasing number expect to lift their sales and profits, sell their goods and services at higher prices, and invest ... Read More »