News, Articles and Case Studies

Equifax Market Insight: Commercial Credit Insights

3 April 2020

Opinion piece by Moses Samaha, Executive General Manager, 3 April 2020

The new vernacular of flattening the curve is not a term that anyone could have anticipated as being the most used phrase of 2020, but it is, so what does that mean for lending decisions and how is it impacting the Australian economy?

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What to know about PEP and Sanctions

18 February 2018

As global efforts to reduce money laundering and terrorist funding increase, so does the onus on Australian financial institutions to carry out politically exposed person (PEP) and sanction screening. 

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What to do about Fraudulent Account Openings

1 July 2019

Fraudulent account opening is a global problem that continues to rise.  In Australia, there has been a rise in the number of fraudulent attempts to open transaction bank accounts by money mules, as well as efforts to use stolen identities to open accounts. 

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Open Data in 2020

30 October 2019

From February 2020, Australia's new data-driven environment will change banking as we know it. The Consumer Data Right (CDR) has been legislated by the Government to give Australians greater control over their data.

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7 Ways to Better Prevent Cyber Crime in Property Transactions

23 September 2020

Where there’s money up for grabs, there’s the possibility of crime, and the property market is no exception. The vast sums of money associated with home sales make the conveyancing industry an ideal hunting ground for cybercriminals. With numerous fraud opportunities available pre-sale and post-sale, fraudsters are using increasingly sophisticated methods to intercept property fund payments, steal identities, forge documents and attack computer systems.

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8 Answers to the Most Popular Open Data Questions

11 November 2019

Open Data was a hot topic at the Equifax global SPARK conference, held in Sydney on 10 September 2019. With consumer, account and transaction data due to become available from February 2020, there's much interest in the implementation of the Consumer Data Right in Australia.

Here are the top eight questions put to a leaders' panel that included Fred Schebesta of Finder, Damir Cuca of Basiq, Kari Mastropasqua of Equifax, James Bligh of Data 61 and Alex Ortner of Allens.

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After a Cyber Attack - Who to Notify and When?

2 December 2019

In the turmoil that ensues from a data breach, a necessary decision is what to do about notifying customers. The Federal Government’s Notifiable Data Breaches (NDB) scheme makes it clear that businesses have the responsibility to protect their customers in the aftermath of a cyberattack.

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