Commercial credit demand improving, but small business owners continue to bear the brunt of difficult market conditions
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Background screening of candidates is a vital part of the recruitment process. It helps you make better hiring decisions and manage risk, by uncovering information on potential hires that may have a significant impact on your organisation.
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.
The majority of businesses in Australia do a background check on employees at the point of hire, and never do it again. If they do, it’s usually once every three to five years. A lot can happen in that time. Here’s why businesses need to rethink their ‘set and forget’ approach to background screening.
Technology continues to drive transformation, shifting manual processes to automated solutions and the ongoing evolution to digitised lending will bring greater accuracy and insights to credit risk.
The move to use of Open Data accelerates
SYDNEY, Tuesday, 11 June 2019 – Equifax, the data analytics company and leading provider of credit information and analysis in Australia and New Zealand, has today announced a national distribution and partnership agreement with Basiq, to help prepare the industry for Open Data.
Retail trade and construction are among the industry sectors to experience an increase in insolvencies, according to the latest statistics* released by the Australian Securities and Investment Commission (ASIC) for the first quarter of 2019.
A recent court case has shown that when it comes to conducting a grantor search on the Personal Property Securities Register (PPSR), thoroughness is the key.
Capturing the information required for regulatory compliance without hindering the customer experience is a balancing act faced by all reporting entities.
In the digital age, providing customers with a frictionless mortgage experience is critical to remaining competitive.
Understanding who your customers are and the way they engage with your business requires big picture thinking and a greater focus on data management.
