Posts Tagged ‘ minimise risk ’

Current account fraud falls as mortgage fraud rises for sixth successive year

Fraud figures predicted to rise throughout 2013.[ READ MORE ]

Business Insolvency Index – January figures hit lowest rate since June 2007

The latest Insolvency Index from Experian®, the global information services company, reveals a significant drop in the rate of business insolvencies in January 2013, as it hits its lowest level since June 2007. [ READ MORE ]

The law has changed – sub-letting fraud is now a criminal offence

New legislation makes it more straightforward for local authorities and registered social landlords to deal with fraudsters and also means that information can be used more effectively to successfully tackle illegal sub-letting.[ READ MORE ]

Collections benchmarking for banks and financial institutions

Vikas Kumar is a senior consultant in Decision Analytics' Global Consulting Practice. He outlines the critical rationale behind effective collections benchmarking. [ READ MORE ]

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

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.[ READ MORE ]

Business Insolvency Index – Jan 2013: Business insolvencies fall in 2012

The latest Business Insolvency Index from Experian®, the global information services company, reveals that during the full year 2012 fewer businesses failed - 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 percent of businesses fail compared to 0.11 per cent in the same month during 2011.[ READ MORE ]

Is bad debt the price of growth?

As the economy fluctuates between contraction and growth, those businesses getting ready for the latter must prepare to face a new set of challenges. In the past, the volume of sales coming in meant businesses could absorb a certain amount of bad debt without cause for concern and credit departments were forced to absorb this debt in the name of ‘growth’. Today, even a little bad debt can cause big problems.[ READ MORE ]