News, opinions and discussions to enhance the
way you think about data and analytics.
Equifax Australia and The Trade Desk, a global advertising technology leader, have announced a new data partnership that enables advertisers to activate premium, finance-based audience segments from Equifax directly within The Trade Desk platform.
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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
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.
Equifax, the global data, analytics and technology company, has announced a partnership with leading HR and Payroll software provider Frontier Software. A first in the Australian market, the partnership will enable Frontier Software and its customers to streamline the employment income verification process and mitigate data handling risks in loan applications with automated employment income verification.
Employers need to find ways to meet the shifting expectations of their employees for better work-life balance. Critical to the employee value proposition is creating a humanised employee experience that recognises and respects that work and life experiences are intertwined.
