Experian and Moody’s Analytics Team up to Launch the Experian/Moody’s Analytics Small Business Credit Index

Experian®, announced that it has joined forces with Moody’s Analytics to create a business index and detailed report that provides insight into the health of U.S. businesses.  The new Experian/Moody’s Analytics Small Business Credit Index will be reported quarterly to show fluctuations in the market and discuss factors that are impacting the business economy.

The Experian/Moody’s Analytics Small Business Credit Index tracks how businesses are faring over a period of time compared with a base point, with the first quarter of 2011 being equal to 100. The key factors that comprise the index are commercial credit data (including growth of credit balances and delinquency rates measured on a dollar basis) combined with a variety of macroeconomic data (including growth rates for employment, income, retail sales, investment, output and industrial production).

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FICO Gets 17 New Patents For Innovations

Fair Isaac Corp (FICO) said its Labs team members received 17 new patents from the U.S. Patent and Trademark Office for innovations in predictive analytics, credit scoring and fraud detection.

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Country Risk Climate: Trends To Keep An Eye On

  • Asia – a new trading bloc being formed by China, Japan and South Korea
  • Bahrain – a tighter union with Saudi Arabia
  • Eurozone – depressing economic forecasts
  • Greece – the ECB has stopped lending to some banks
  • Mexico – the economy picked up momentum
  • Netherlands – ever deeper political divisions
  • Turkey -reviving the stalled bid to join the EU.

Other countries mentioned in the report:  Algeria, Brazil, France, Germany, Greece, Italy, Poland &Spain

To read the full story click on the attachment: Weekly Focus 5-17-12

This page is provided by S.J. Rundt & Associates, Inc., specialists in country risk assessment, consultants to multinational companies & banks, and publishers of Rundt’s World Business Intelligence and The Financial Executive’s Country Risk Alert. To order a subscription or individual issues of these reports, in print or by e-mail, contact S.J. Rundt & Associates, P.O. Box 1572, Montclair, NJ 07042; Telephone: (973) 731-7502, Fax: (973) 731-7503; E-mail: info@rundtsintelligence.com; Web site: www.rundtsintelligence.com.
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Five Ways to Reduce Your Days Beyond Terms

Late payments are the silent killer in every business.

The longer a business takes to pay its bills has a direct affect on your profits.  A 10% profit margin quickly erodes with every month that passes before you get paid. In short, late payments cost you money. But by taking a few measures to lower your Days Beyond Terms (DBT) average and avoid late payments, you can protect your profit margin. 

To find out more click on the attachment:  5 Ways to reduce your DBT

This document was provided courtesy of Experian UK   http://www.experian.co.uk/
Posted in Credit Management, Debt Collection and Recovery, Experian, Uncategorized, United Kingdom, Users of Information | Tagged , | Leave a comment

HC International Returns to Profit

Hong Kong-listed HC International reported its first quarter results for 2012. For the three months ended 31st March, revenues were US$18 million – an increase of 37% compared with the same quarter in 2011. The company recorded profit attributable to equity holders of US$843,000, compared with a loss of US$297,000 last year. Diluted earnings per share in the quarter were RMB 0.0091 (US$0.0014).

The largest business segment in the quarter for the Beijing-based company was online services, which generated revenues of US$13 million (75% of total revenues), a year-on-year growth of 62%. The second largest business segment was seminars and other services, up 36% to US$2.4 million translating to 13% of total revenues. The company’s remaining revenues were generated from its trade catalogues and yellow page directories segment, amounting to US$2.1 million, a drop of 30% from the same quarter last year.

Source:  Business Strategies Group Hong Kong

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Global Sources’ Online Revenue up 13%

This week, NASDAQ-listed Global Sources released first quarter results for the period ended 31st March 2012. Revenues were US$38.9 million, up 3.7% compared with US$37.5 million recorded in the same quarter last year. Net income attributable to the company’s shareholders in the period was US$3.1 million – a year-on-year decrease of 12% from US$3.5 million last year. Diluted earnings per share in the quarter were US$0.09.

The Hong Kong-based company generated revenues of US$30.9 million from its online business – 79% of total revenues – that is a 13% jump over US$27.2 million recorded last year. Exhibition revenues dropped 49% from US$4.4 million to US$2.2 million this quarter, which accounted for 5.7% of the company’s total revenues. Global Sources’ management stated the decreased in Q1 exhibition revenues resulted from the rescheduling of one trade show from January 2012 to December 2011. Revenues from print businesses slipped 8.4% from US$4.7 million last year to US$4.3 million in the quarter.

Source:  Business Strategies Group Hong Kong

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D&B and GlobalSoft Partner with Informatica to Power-Charge Customer Master Data

D&B enters Master Data Management market with GlobalSoft and Informatica; businesses can now leverage timely customer data using D&B’s Data-as-a-Service platform and global database, improving data accuracy, decision making.

GlobalSoft, a global software consultancy, and D&B have partnered to launch D&B360 for Informatica MDM. This marks the first time that D&B has used its Data-as-a-Service (DaaS) solution to integrate its unequaled database with an MDM solution, enabling companies to automatically update and streamline their data across the enterprise to increase productivity, reduce costs and maximize ROI.

D&B360 for Informatica MDM provides true data stewardship and entry-point integration, making it easier to address data consistency and quality issues. In addition, D&B360 for Informatica MDM automatically embeds the industry-standard D&B DUNS® Number and all related business data via the cloud, ensuring users have timely access to a current and complete source of data, enabling them to quickly synchronize information across other business systems.

Informatica Master Data Management (MDM) provides access to consolidated and reliable business-critical data—also known as master data—across the enterprise, empowering employees to effectively address business priorities. Leading firms in financial services, life sciences, manufacturing, healthcare, government, energy and many other industries rely on Informatica MDM to successfully drive key business imperatives. It empowers companies like yours to acquire and retain customers, increase operational efficiency, accelerate value from acquisitions, and make more informed decisions across the enterprise.

Source: D&B Press Release

Posted in Business Information, CRM, CRM Services, D&B, Data Integration, Informatica, Member, Member News, SaaS (Software-as-a-Service), Workflow Tools / Platforms | Tagged , , | Leave a comment

Coface Appoints New Chairman

The Board of Directors of Coface met today and appointed Laurent Mignon Chairman of the Board of Directors of the company.  Laurent Mignon is the Chief Executive Officer of Natixis, shareholder of Coface.  He takes over from Francois David, whose mandate has ended.

The Coface Group, a worldwide leader in credit insurance, offers companies around the globe solutions to protect them against the risk of financial default of their clients, both on the domestic market and for export. In 2011, the Group posted a consolidated turnover of €1.6 billion. 4,600 staff in 66 countries provide a local service worldwide. Each quarter, Coface publishes its assessments of country risk for 157 countries, based on its unique knowledge of companies’ payment behaviour and on the expertise of its 250 underwriters.  In France, Coface manages export public guarantees on behalf of the French state.

Coface manages, finances and protects customer portfolios while enabling companies to outsource all or part of their receivables management, as well as the related risks: Credit Insurance, Factoring, Corporate Rating and Business Information, and Receivables Management.

Source: Coface Press Release

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Sinotrust Reports 15% Growth in 2011

Sinotrust, China’s leading automotive market research and business information company, released its 2011 results at a recent annual meeting which also coincided with Sinotrust’s 19th anniversary.

Lei Lin, Co-President & Joint CEO of Sinotrust announced that Sinotrust’s business revenue in the year 2011 topped 350 million Yuan (US$55 million), which was an increase of 15 percent compared to the previous year. 

Sinotrust’s automotive business continues to rank number one in terms of business scale, staff number and service types in the field of automotive market research.  Revenues for this segment were 230 million Yuan (US$37 million).  Mr. Lei Lin pointed out that it was an incredible achievement given the fact that China’s whole automotive sales increased by a mere 2.9 percent in 2011. Sinotrust is now the leading company in automotive market research in China.

Sinotrust’s industry research service achieved revenues of 16 million Yuan (US$ 2.5 million). Profit contributed by the service also exceeded the set target, which further helped enhance Sinotrust’s top position in the industrial research sector in China.

Revenues for Sinotrust’s business information and consulting service reached approximately100 million Yuan (US$ 16 million).  In the field of credit risk service, Sinotrust completed a comprehensive report revision and launched a browser-based report type.  The company’s newly-launched risk management software service “RiskManager” is also widely accepted by the customers. The credit risk solution service achieved a 20 percent increase in revenue compared with that of the previous year. For the B2B marketing service, Sinotrust has re-established a development strategy focusing on marketing information.

In concluding the “DNA” that contributes to Sinotrust’s success, Mr. Lin commented, “advancing with times, being courageous for innovation and adopting a unique corporate culture of Sinotrust are all important for Sinotrust’s success over the past 19 years.”

To read the full story click on the link:  100 Sinotrust company news_Sinotrust Held _Create Lasting Brilliance Trust Till Future_ Themed Annual Meeting 19th Anniversary Celebration

Sinotrust is a member of BIIA
Posted in B2B Marketing, Business Information, Credit Information, Experian, Market Research, Marketing & Sales Information, Marketing Services - Automotive Vertical, Member, Member News, Sinotrust, Workflow Tools / Platforms | Tagged , , | Leave a comment

Sinotrust Celebrated its 19th Anniversary with the Theme “Create Lasting Brilliance, Trust for the Future”

The evening of April 27, 2012 marked the grand event of Sinotrust’s 2011 annual meeting and the company’s 19th anniversary celebration. The event was attended by founders and leaders of Sinotrust, including its Co-President & Joint CEO Mr. Brook Zhang and Mr. Lei Lin, representatives from Experian China, a strategic partner for Sinotrust, as well as representatives from the Sinotrust Alumni. Along with the 600 staff of Sinotrust, all the participants got together to celebrate the 19th anniversary of the establishment of Sinotrust.

Congratulations from BIIA’s members and Board of Directors with the best wishes for a “Lasting Brilliance and Trust for the Future”

Posted in Business Information, Credit Information, Experian, Market Research, Marketing & Sales Information, Marketing Services - Automotive Vertical, Member, Member News, Sinotrust, Uncategorized, Users of Information, Workflow Tools / Platforms | Tagged | Leave a comment

Happy Birthday PERC!

BIIA congratulates PERC and its President Dr. Michael Turner for their 10th Anniversary.

The Policy and Economic Research Council (PERC) is a non-partisan, non-profit policy institute devoted to research, public education, and outreach on public and economic policy matters. PERC works with both the public and private sector, harnessing the power of market forces and harmonizing them with a clear public interest in servicing the greater good.  To read more about PERC’s 10 Year history click on this link

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Experian Introduces PowerCurve Decision Management Software

Experian announced availability of its new PowerCurve decision management software portfolio, which helps organizations to manage and grow their business by improving the way they use information to make decisions about their customers.

As a flexible decision management technology platform, PowerCurve offers a unified set of component-based software products that make the process of creating, implementing and improving customer decisions simpler, more efficient and more user-friendly.

The first two PowerCurve software products — PowerCurve Strategy Management and PowerCurve Customer Management — are available today.

PowerCurve Strategy Management — enables organizations to quickly and easily develop and deliver customer acquisition, portfolio and debt management decisions. It does this by giving business users the ability to easily design, test, execute and continuously improve decision strategies. The software makes it almost effortless for users to harness the power of data and transform it, using advanced analytics, into knowledge of the potential revenue and risk associated with each and every customer interaction.

PowerCurve Customer Management — allows businesses to create highly profitable customer relationships by optimizing cross-sell and up-sell offers, improving loyalty and managing risk. The software accomplishes this by creating a comprehensive view of each customer relationship, across an organization’s business and product lines, to more accurately quantify each customer’s potential lifetime value and drive actions to develop and nurture it.

Source: Experian

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McGraw-Hill Companies Prepares for Education Company Spin-off with Management Appointments

McGraw-Hill Companies (NYSE: MHP) announced further steps to establish the new, independent company, McGraw-Hill Education, by the end of this year.  The process of creating this new entity requires multiple changes across operating and support functions to both separate the education segment from The McGraw-Hill Companies and to stand up McGraw-Hill Education as an independent, digital learning and education services organization.  These moves will also facilitate the process of onboarding a new Chief Executive Officer of McGraw-Hill Education as the search enters its final phase.

Patrick Milano Becomes Chief Financial Officer and Chief Administrative Officer of McGraw-Hill Education.  David Stafford Becomes General Counsel of McGraw-Hill Education and the Business Unit Management Team was confirmed to lead the New Company.

Robert Bahash, the President of McGraw-Hill Education, will retire after 37 years of distinguished service with The McGraw-Hill Companies, as previously anticipated.

Source:  McGraw-Hill Companies Press Release

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Yahoo CEO Scott Thompson has Stepped Down – Corporate Governance Prevails

The controversy over exaggerated computer science collage degree on CEO Scott Thompson’s biography was initially brushed off by Yahoo as an ‘inadvertent error’.

It appears investors and directors thought otherwise and Thompson checked out at Yahoo last weekend. The departure is a victory for hedge fund manager Daniel Loeb of Third Point LLC, which is one of Yahoo’s largest outside shareholders and brought the discrepancy in Thompson’s educational background to light. It is also a victory for corporate governance.

Source: Press Comments

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TransUnion Q1 2012 Revenues Grew by 14%

TransUnion reported revenue of $280.6 million, an increase of 14.1% compared to the prior year period. Excluding the impact of weakening foreign currencies, revenue increased 15.4% compared to the first quarter of 2011. Operating income was $65.6 million, an increase of 19.1% compared to last year. Net income attributable to TransUnion was $10.2 million compared to a loss of $25.5 million in the first quarter of 2011.

Revenue in USIS Decision Services increased 20.2% compared to the first quarter of 2011, driven in part by the acquisition of Financial Healthcare Systems (“FHS”).

Revenue in International emerging markets increased 15.5% compared to the first quarter of 2011, driven in part by the acquisition of Crivo Sistemas em Informatica, S.A. (“Crivo”) in Brazil and partially offset by a negative impact from currency.

Revenue in the Interactive segment increased 20.6% compared to the first quarter of 2011, driven by growth in the direct and indirect channels.

Adjusted EBITDA increased 13.9% compared to the first quarter of 2011, driven by double-digit revenue growth, partially offset by planned integration costs related to our recent acquisitions of FHS and Crivo.

“Building on a robust 2011, TransUnion accelerated growth in the first quarter as strong core business performance was supplemented by the benefit of recent investments and positive macroeconomic tailwinds,” said Bobby Mehta, President and Chief Executive Officer. “We reported double digit top-line growth in each of our three business segments demonstrating the strong position of our core business and effectiveness of our growth strategy. I’d like to take this opportunity to thank the Pritzker family business interests, Penny Pritzker, our former Chairman, and Madison Dearborn Partners for their significant contribution to our growth and development. We look forward to continued success with Advent International and Goldman Sachs Capital Partners, as we work closely with them to continue executing against our strategy and driving long-term growth opportunities.”

Source: TransUnion Press Release

Posted in Analytics, Consumer Credit Information, Credit Scoring & Decision System, Fraud Solutions, Member, Member News, TransUnion, United States | Tagged , | Leave a comment