Experian calls off £275m ClearScore acquisition
UK’s Competition and Markets Authority expressed concerns.
Experian
Gamblers win with Experian affordability check
Can your customers afford to gamble?
Experian to acquire African credit info firm Compuscan for $263m
Actis and management agree to sell it off.
Experian launches Experian Credit 3D for insightful credit scoring
Offering a long-term view of a customer’s finances.
Experian, FICO and Finicity launch UltraFICO Score
Three fintechs joined forces to create a new credit scoring technology designed for thin-file customers.
UK GAME stores launch in-store digital credit assessment with Mobile for Credit
Keep your finances between you and your digital device.
Fintech infrastructure firm C88 gets $28m funding
Funding round led by Experian, alongside many other investors.
Experian buys credit checking start-up ClearScore for $385m
On completion, ClearScore will be included within Experian’s UK Consumer Services.
Crime moves upmarket as fraud becomes UK’s number 1 offence
New research from Experian claims fraud is now the UK’s most common criminal offence, much to the dismay of thugs and hoodlums everywhere, reports Telecoms.com (Banking Technology‘s sister publication). The company’s Annual Fraud Indicator 2017 estimates the annual cost of fraud in the UK is £190 billion, exceeding the total gross domestic product of 148 […]
Kony to launch digital banking solution leveraging Daon biometrics
Enterprise application and mobility solutions company Kony unveiled a new digital banking platform and suite of apps.
Baker Hill forges partnerships with Allied Solutions and Experian
With a pair of newly-announced deals, Baker Hill continues to deliver what company president and CEO John M. Deignan calls “the cutting-edge technology and comprehensive analytical intelligence our clients need to compete and win in today’s lending environment”. David Penn at Finovate (Banking Technology‘s sister company) reports that Baker Hill has partnered with Allied Solutions, which will refer […]
CFPB fines Experian $3m for credit score marketing
CFPB has taken action against Experian over allegations that the company made false claims about the uses of credit scores it sold to consumers.
Experian unveils CrossCore platform for fraud and identity services
Experian, the information services company, has launched its CrossCore platform for fraud and identity services. CrossCore has “plug-and-play” capability and lets companies connect any new or existing tools and systems in one place, whether they are Experian, internal or third-party partner solutions. Steve Platt, global EVP, fraud and identity, Experian, says: “New fraud threats, updates […]
Fraud fears holding back consumer acceptance of mobile payments
Fear of fraud is the main factor slowing the adoption of smartphone-based payments among UK consumers, though a third believes that credit and debit card payments will no longer be the preferred method of payment in 2020.
The mobile movement driving multi-channel banking
Despite the significant challenges faced by the UK’s banking sector over the last decade, there has been a dramatic evolution in the customer experience following the introduction of online, telephone and mobile banking. While the branch remains an important channel, especially for older customers, mobile technology is rapidly redefining how customers interact with their banks.
Back-office legacy still holding back banks
Setting up a bank in the UK is costly, time-consuming, heavily regulated and not easy. As a result, the dynamic, start-up culture that drives innovation in many other sectors is less prevalent within banking and financial services.
Commercial Bank of Qatar adopts Experian credit risk tools
Commercial Bank of Qatar has implemented a new tool from Experian into its credit risk team, which it says will help it to automate customer scoring and decision making on loans and credit cards.
The future of payments: beware of the dud?
The financial services sector needs to be wary of payments solutions that may be solving phantom problems that are of little relevance to the consumer, according to speakers at the Experian payments conference in London on Tuesday.
Doubts cloud UK Treasury retail competition plans
UK Treasury officials and senior bank representatives showed diverging views over the future of retail banking at an event hosted by Experian in London yesterday, revealing differences of opinion about how best to reform the sector.
CGI and Experian partner for SEPA validation services
Technology and information companies CGI and Experian have partnered to help Europe’s banks and corporates meet the requirements of SEPA, the Single Euro Payments Area, on direct debits.
Experian sets out anti-fraud tools
Information company Experian has improved its Hunter anti-fraud software to help banks and other financial services firms keep track of fraud.
More than a third of euro transactions lack accurate SEPA data
New research from Experian shows that “only 65% of euro transactions have fully accurate destination routing data and 12% of electronic payments made to and from businesses in euros currently contain data errors”.
Seller beware
Conduct risk, which places emphasis on providers of credit to treat customers fairly, will challenge them to deliver higher standards of customer support across the whole relationship.
Experian appoints new director of sales for credit services
Experian, a provider of information services, has appointed Andy Marshall as director of sales, credit services, Experian UK and Ireland.
