Approving a credit application without checking a customer’s credit report and credit score is like building a puzzle with missing pieces. You may have some parts of the financial picture, but the overall view will be incomplete and maybe inaccurate. Credit reports and scores help credit providers make informed decisions that benefit the entire lending ecosystem. Here’s how...
Business credit demand has declined year-on-year as external pressures including interest rate rises, inflation and supply chain pressures begin to hit home for Australian businesses.
Equifax has announced the enablement of its partnering arrangement with enterprise HR software company Tambla.
To help retailers reduce online payments fraud while also meeting increasingly high customer expectations, Equifax has announced the launch of Kount in Australia.
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/
Rising rates of construction industry insolvencies and cost of living pressures continue to place a heavy financial burden on sole traders and small business owners, who make up 97% of construction companies.
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.
Is your HR team sharing employee details with lenders? Then your employees and company might be at risk. Find out if they are - and what you can do about it.
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.
Not everyone shopping for a loan with a mortgage broker will meet lending criteria or be ready to buy, but discovering their creditworthiness can take a broker many hours of work.
