Risk Solutions

With an evolving risk landscape and growth in technological innovation, it’s vital to stay informed. 

Equifax Risk Solutions provides the insights businesses need to make highly informed decisions helping to identify, measure and mitigate risk.

Access our articles and free resources for insights into the power of data and analytics in helping you make better risk decisions.  Shift your perspective.

5 Problems Insurers Can Solve With Cleaner Data
15th Jul 2024

Businesses collect and process vast amounts of data, and often overlook the importance of ensuring the data is accurate, reliable, relevant, complete, consistent and timely. For a data-critical sector like insurance, the process of cleaning data to fix inaccuracies, incomplete, duplicate or wrongly formatted records holds valuable benefits.

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Prevent Cybercrime

While there is no silver bullet for the prevention of cybercrime, there are measures your organisation can take to minimise the impact of a data breach.

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If you are a residential builder or developer and fail to make adequate legal provisions to protect your customers, your iCIRT rating may be affected.

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The 2022 Mortgage Broker Industry Pulse check provides a snapshot of evolving work practices and technology adoption in Australia's mortgage broking industry.

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Educating and supporting borrowers on how to navigate the changing economic environment places extra pressures on time-poor mortgage brokers. We asked Peter White, Managing Director of the FBAA, to share his thoughts on how brokers can keep up with the increased need to work proactively with clients, and the role of technology in freeing up brokers' time.

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The Buy Now Pay Later (BNPL) providers has exploded over the last two years, and this highly competitive small share of unsecured lending continues to attract new players drawn by strong consumer demand for flexible payment options. We asked Alberto Fernandez, Head of Insights at Latitude Financial Services, to share his thoughts about the risks and rewards of operating in this space.

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PPSR specialist, Malcolm Poslinsky, was asked by an equipment finance company to review their entire list of 5,000 PPS registrations. What we found was more than 2,000 records had errors that invalidated their registrations, including using the wrong grantor identifying information.https://www.edxppsr.com.au/

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Kount's Fraud Protection Platform upgrades the customer experience and increases revenue for Brooks — delivering frictionless protection across the entire customer journey and opening new international revenue channels.

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While eCommerce fraud attacks are nothing new, bad actors are becoming ever more sophisticated. The rise in online commerce accelerated by the pandemic has increased the threat to the extent that eCommerce merchants may lose $US24 billion to online payment fraud by 2024¹. The remote purchase of physical goods is the leading culprit, accounting for over 47% of online payment fraud losses in 2021².

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With the right data, it's possible to see the early warning signs when a building firm like Probuild starts to struggle. A data-driven assessment conducted after Probuild's demise shows there were plenty of danger signals in the years leading up to its unfortunate demise.

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Combating cybercrime may now be the single most crucial risk-management activity for every Australian company. 

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