As our industry works to improve confidence in construction, partnering with the right professionals is more critical than ever for developers. iCIRT rated developers and builders now represent over half of the residential market by value, putting those whose entire build team is iCIRT rated in a unique position of being able to showcase their trustworthy credentials.
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Overhauling manual systems and embracing digitisation is a key imperative for HR leaders, yet not all can afford the price tag that comes with digital enablement. Thankfully there’s a middle ground. A path that allows for innovation and growth while meeting budgetary constraints.
Australian-based global software company, Inspect Real Estate (IRE), could see a need to make the tenant application and screening process faster and easier for property professionals and property seekers.
Consumer credit demand continues its upward trajectory in Q3 2021, with early indications of further recovery in the coming months. Data from the first week of NSW reopening after 15-weeks in lockdown shows a jump in demand for auto loans (+33.0%), mortgages (+15.0%) and personal loans (+10.0%) compared to the previous week in lockdown.
The recovery in business credit demand eased in Q3 2021, but recovery may be imminent as states make their way out of lockdown. Data from the first four days of NSW reopening after 15-weeks in lockdown shows a jump in demand across all categories of credit. Asset finance enquiries rose by +25.1%, trade credit by +15.5% and business loans by +2.5% in the week of 11-14 October compared to the previous week in lockdown.
Equifax celebrates ten years with the release of the National Credit Managers Survey 2021 results
Every year from 2011 to 2021, Equifax has solicited the views of credit managers around Australia to gain insight into credit risk management practices, sentiments and trends. A decade of data provides a unique perspective of the past, the present, and the future of credit management in Australia. Here, we look at where the industry is heading and how it has transformed, including the impact of COVID-19.
Digitalisation is driving innovation in many areas of credit evaluation, and credit scoring is no exception.
Data availability is exploding, consumer expectations are rising, and analytic capabilities are rapidly advancing. It's a heady mix that is bringing about transformational improvement to the accuracy of credit scores.
Equifax has been recognised as an ABA100 Winner in The Australian Business Awards 2021 for Product Innovation and New Product Innovation for Equifax One Score.
Many a credit officer wishes they could stop SME customer drop-offs during the loan acquisition process. Many a bank customer service rep craves to avoid badgering their customers for financial paperwork that they have neither the time nor inclination to gather.
There are some updates coming to the Document Verification Service (DVS) and the Commonwealth electoral roll that may impact how you use IDMatrix.
