Tag Archives: Experian

Experian and ValidMind Forge Partnership to Revolutionize Model Risk Management for Financial Institutions

(IN BRIEF) Experian and ValidMind have partnered to provide an integrated solution aimed at transforming model risk management for financial institutions. The solution combines the power of Experian’s Ascend Platform with ValidMind’s model governance and documentation automation tools to help … Read the full press release

Experian Report Highlights the Growing Role of AI and ML in Combatting Evolving Fraud Threats

(IN BRIEF) Experian’s latest research, “Proactive Defence: Tackling Evolving Fraud Threats,” reveals how Generative AI (GenAI) is transforming the fraud landscape. A survey of 400 senior fraud leaders across eight countries highlights that 73% believe GenAI has permanently altered fraud … Read the full press release

Experian Introduces Virtual I-9 Form Completion to Enhance Onboarding and Ensure Compliance

(IN BRIEF) Experian has launched a new virtual Section 2 service to simplify and streamline the completion of Form I-9 for employers. This solution helps employers verify new employees’ eligibility to work in the U.S. without requiring in-person meetings, addressing … Read the full press release

Experian Data Shows Over £1,300 Potential Savings for Credit Cardholders by Switching to 0% Balance Transfer Cards

(IN BRIEF) Experian’s latest research indicates that over 10 million people with credit card debt could save up to £1,391.69 annually by transferring their balances to a 0% balance transfer card. The data, based on an analysis of 3 million … Read the full press release

Experian Achieves Workday Certified Integration Status for I-9 Management Solution, Enhancing Employee Onboarding

(IN BRIEF) Experian has achieved Workday Certified Integration status for its I-9 Management solution, enabling organizations using Workday Human Capital Management (HCM) to streamline the Form I-9 process during employee onboarding. This integration helps employers avoid errors, reduce compliance risks, … Read the full press release

Nationwide Simplifies Mortgage Applications with Experian Work Report™ Integration

(IN BRIEF) Nationwide has partnered with Experian to integrate its Work Report™ service, becoming the first major UK lender to automate income verification for mortgage applicants. This eliminates the need for manual proofs like payslips, enabling instant validation of income … Read the full press release

Experian Warns of Rising Identity Fraud Risks During Christmas Season

(IN BRIEF) Experian is warning consumers and businesses to protect personal information during the Christmas season, as identity fraud spikes amid increased spending. New data shows fraud rates in the last quarter of the year have risen by 21% over … Read the full press release

Experian Launches AI-Driven ‘Hazard Tags’ to Revolutionize Commercial Insurance Underwriting

(IN BRIEF) Experian UK&I has launched an innovative AI-powered data solution called ‘Hazard Tags’ to improve the underwriting processes in the commercial insurance sector. This new tool, developed in collaboration with data aggregator Veridion, aims to eliminate the inefficiencies associated … Read the full press release

Experian Completes A$820 Million Acquisition of Illion, Expanding Data Solutions in Australia and New Zealand

(IN BRIEF) Experian has successfully completed its A$820 million acquisition of illion, a consumer and commercial credit bureau in Australia and New Zealand. This integration will merge illion’s team, data, software, and intellectual property into Experian, creating a unified business … Read the full press release

New Debt Consolidation Solution from Experian and Paylink Aims to Expand Financial Access

(IN BRIEF) Experian has partnered with Paylink Solutions to launch a new debt consolidation tool, ReFi™, on the Experian Marketplace. This solution aims to make debt consolidation loans more accessible by directly paying off existing debts, which helps overcome affordability … Read the full press release

Experian Forecasts £600M Sales Surge for UK Retail and Hospitality During August Bank Holiday, Weather-Dependent Boost Possible

(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release

Experian Report: Generative AI and Deepfakes Emerge as Top Fraud Threats, Exposing Gaps in Business Preparedness

(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release

Experian Bolsters Fraud Prevention with Acquisition of Behavioral Analytics Leader NeuroID

(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release

Kadeena Cox Partners with Experian to Promote Support Hub for Accessibility Needs

(IN BRIEF) Experian has partnered with World and Paralympic Champion Kadeena Cox to promote the Experian Support Hub, a service designed to improve accessibility to essential services for individuals with support needs. Through a series of videos, Cox will highlight … Read the full press release

Surge in Beauty Salons and Dental Surgeries on UK High Streets Driven by Reality TV Influence, Says Experian

(IN BRIEF) Experian’s latest data reveals a 31% increase in beauty salons and a 16% rise in dental surgeries on UK high streets over the past five years, driven by the influence of reality TV shows like Love Island. A … Read the full press release

UK Economy Set for Multi-Million Pound Boost During European Championships and Paris Olympics

(IN BRIEF) The UK economy is expected to receive a significant boost as fans spend an additional £233 million during the European Championships and Paris Olympics this summer. Experian Economics highlights increased spending in pubs, bars, supermarkets, and on electronics … Read the full press release

Experian Revolutionizes Business Solutions with Unified Ascend Technology Platform

(IN BRIEF) Experian has unveiled groundbreaking enhancements to its cloud-based Experian Ascend Technology Platform™, integrating market-leading data, generative AI, and advanced machine learning solutions into a unified interface. This first-of-its-kind platform streamlines analytics, credit decisioning, and fraud detection, empowering businesses … Read the full press release

Experian and TRIVER Partner to Streamline SME Lending Process

(IN BRIEF) Experian and alternative lender TRIVER have collaborated to expedite the SME lending process, offering rapid access to short-term capital for businesses. TRIVER, aiming to revolutionize SME lending, utilizes Experian’s suite of data solutions to enable an end-to-end automated … Read the full press release

Unveiling the Hidden Epidemic: Experian’s Podcast Exposes Financial Abuse Impacting Women in the UK

(IN BRIEF) Experian’s latest episode of The Cost of Loving podcast uncovers the pervasive issue of financial abuse, affecting 5.5 million women in the UK, with a significant portion falling between the ages of 18 to 24. Through candid discussions … Read the full press release

Accenture and TD Bank Forge Coalition with Disability:IN to Drive Disability Inclusion in Marketing and Communications

(IN BRIEF) Accenture and TD Bank have partnered to establish a cross-industry coalition comprising Chief Marketing Officers (CMOs) and Chief Communications Officers (CCOs) powered by Disability:IN. This coalition aims to accelerate disability inclusion in the marketing and communications professions by … Read the full press release