Insolvencies at historic high, as long awaited ‘insolvency tsunami’ arrives
14th May 2024

Commercial credit demand improving, but small business owners continue to bear the brunt of difficult market conditions

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Open Data in 2020 - From Day 1 to Year 1

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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Small businesses are the backbone of the Australian economy, accounting for well over 95% of all businesses and providing employment for around 4.7 million people. However, according to the Association of Certified Fraud Examiners (ACFE), small to medium businesses are the most common victims of fraud, losing almost twice as much per scheme than large corporations.

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Smart decisions take many forms, but the best ones are usually those based on accurate and reliable analytics. The development of an Equifax solution for improving the accuracy and coverage of ANZSIC codes has improved the ability of SMEs to make decisions that can help increase profits and mitigate risk.

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Corporate fraud is a challenge for organisations around the world. The rise in new technologies and sophistication of organised crime syndicates have created new opportunities for fraudsters, increasing the risk of serious financial loss and reputational damage to organisations, as well as impacting the many lives affected by the crime.

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Test for bias in your artificial intelligence. Then learn how to work towards the fairest outcome for your customers.

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Automotive industry slump calls for new operating model

The downturn in the Australian automotive industry is expected to last into 2020. A motor industry overview presented by Deloitte at the recent Equifax Automotive Finance Forum painted a stark picture of declining car sales and an industry heavily reliant on income from bonuses and Finance & Insurance 

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UTM Parameters and the value they bring

If you want a more coherent understanding of how visitors interact with your website, be sure to make use of Urchin Tracking Module (UTM) parameters and channel groupings in Google Analytics. These advanced tracking and grouping options provide useful insights into the traffic and value generated from your marketing campaigns. 

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5 tips for employee screening

Make sure you’re hiring the right person for the right job.  Consider these five tips when screening candidates for roles in your organisation.

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Get job ready with background screening

In a competitive workforce, it’s important to do what you can to stand out from the crowd and show employers that you’re organised and job ready. One way to do this is by ordering a personal background check on yourself.

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Screening for aged care workers

There is a growing demand for aged care in Australia, thanks to our ageing population, increased life expectancy and longevity.

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