Collections benchmarking for banks and financial institutions

Posted on Mar 06 2013 by

Vikas Kumar is a senior consultant in Decision Analytics’ Global Consulting Practice. He outlines the critical rationale behind effective collections benchmarking.

Share

Insurers continue to count the cost of soaring fraud

Posted on Mar 04 2013 by

With annual fraud losses across the UK now reaching £70 billion, it is estimated that insurance fraud now tops £2 billion.

Share

Using segmentation to drive online acquisition

Posted on Mar 01 2013 by

If you have attended any of the numerous digital conferences and exhibitions this year you will have noticed that attribution is the hot topic, as was the case with web analytics, SEO and PPC in previous years. But one area that is often overlooked is how a good segmentation strategy can be used in your online acquisition and optimisation strategies.

Share

Costly collections – is there a better way?

Posted on Feb 28 2013 by

Identifying customers at risk of default is a new concept to most lenders. Mark Keyworth, Client Consulting Director for Experian, explains the way to reduce risk and cost significantly; by monitoring and spotting the warning signs of pre-delinquency and acting early enough to avoid collections.

Share

Experian wins Credit Information Provider of the Year

Posted on Feb 27 2013 by

This year’s ICM awards represented a great achievement for Experian…not only because Experian secured one of the awards, but also because several of Experian’s customers also won awards. They included Britvic for ‘Best use of Credit Technology’; Sharon Adams of Aimia Foods, for ‘Credit Professional of the Year’; and Veolia Environmental Services (UK) with ‘Credit Employer of the Year’.

Share

SEPA Ready survey results answer to Question 2

Posted on Feb 26 2013 by

In our survey of over 260 corporate treasurers we asked; “Have you appointed someone to be responsible for your organisation’s migration to SEPA?

Share

Late Payments Index – The annual roundup of 2012: Improvements led by larger businesses

Posted on Feb 25 2013 by

The 2012 Late Payment Index from Experian®, the global information services company, today revealed that UK businesses paid their bills more than a day earlier in 2012, compared to 2011. During 2012, firms paid their overdue invoices on average 24.66 days after agreed terms, compared to an average of 25.70 days during 2011.

Share

Business Insolvency Index – The annual roundup of 2012: Improvement led by mid sized firms

Posted on Feb 25 2013 by

The 2012 Business Insolvency Index from Experian®, the global information services company, reveals that during 2012, 0.86 per cent fewer UK businesses failed than the previous year, with 1.04 per cent of the business population failing compared to 1.10 per cent in 2011. The year ended with December seeing 0.08 per cent of businesses fail. This compares to 0.11 per cent in the same month during 2011 and represents the lowest rate seen in December since 2007.

Share

Hunter fraud system enhanced

Posted on Feb 21 2013 by

Hunter, Experian’s industry-leading data-sharing fraud prevention software, has been enhanced to improve its performance and efficiency for anti-fraud operations.

Share

UK Labour Market Statistics – February Release

Posted on Feb 20 2013 by

Office for National Statistics data show that the UK labour market remained on an upward trajectory in the three months to December 2012.

Share