Inside Experian – Behind the Scenes [Video]

Posted on Nov 28 2014 by

The “Inside Experian” documentary was produced and directed by Martin Small.  In this “behind the scenes” interview, Martin talks about his approach to creating this documentary.

Martin Small is a documentary film-maker, whose work has been shown for many years at prime time on the main television channels in the UK. He specializes in business, politics and modern history, and has won a number of prestigious awards for his broadcast programs. He is married with 3 children and lives in London.

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Inside Experian – Documentary Film

Posted on Nov 27 2014 by

Come and take a look ‘Inside Experian’, a brand new documentary that lifts the lid on our global business – explaining who we are, what we do and how we’re helping people and businesses around the world to protect, manage and make the most of their data.

Seen through the eyes of our customers, employees and business leaders, Inside Experian takes a look at our origins — from London tailors in the early 1800s to rocket scientists — to breaking new ground as one of the original Big Data pioneers, right through present day where we take a glimpse at what the future holds in store.

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The Future of the Data-Driven Economy

Posted on Nov 24 2014 by

Earlier this week, I had the privilege of speaking before an audience of my peers in New York City at the Evanta CDO Executive Summit. I call this a privilege because every time one is allowed to share ideas and questions with others, it provides an opportunity for growth – growth that comes from being challenged on what really matters in a rapidly changing field.

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How Do Your Holiday Shopping Plans Stack Up? Experian Survey Findings

Posted on Nov 21 2014 by

Do you already have a plan for your holiday shopping game this year? A recent study commissioned by Experian Consumer Services shows that spending confidence continues to recover, with 11 percent of those surveyed saying they anticipate spending more than they did last year on holiday gifts. Respondents plan to spend an average of $757.57 this year, up from $721.96 in 2013.

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Experian Marketing Services executive named Woman of the Year at 2014 Stevie® Awards for Women in Business

Posted on Nov 20 2014 by

Experian Marketing Services’ senior vice president of global marketing, Ashley Johnston, was named the winner of a Gold Stevie® Award for Woman of the Year in Advertising, Marketing and Public Relations at the 11th annual Stevie Awards for Women in Business on Friday, Nov. 14, in New York City. Johnston was also recognized with a […]

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Big data helps businesses in big ways

Posted on Nov 19 2014 by

It’s no secret that businesses are what drive the U.S. economy. The exchange of goods and services for business large and small is what our society is built on. But, did you know that big data is actually a driving force in commerce? How, you ask? Businesses rely on data — just as we as consumers do — to form the basis for everyday decisions.

Experian has always been at the forefront of using big data, and over the years we have streamlined its uses to help drive commerce for the business community. Our commercial database contains unbiased information on more than 25 million active businesses in the U.S. However, data just scratches the surface of what we do. Our technology, analytical and consultative services help financial institutions and businesses (large and small) derive insights, which enable them to make more sound lending decisions, better manage their credit portfolios and acquire the right customers.

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Credit or Debit? Which one will save you $159K?

Posted on Nov 18 2014 by

Bankcard lending is trending upward, according to the 2014 Experian “State of Credit” report. One in 17 consumers obtained at least one bankcard this year, compared with one in 21 people back in 2013.

Consumers now carry an average of 2.18 bankcards apiece (an increase of 4.2 percent), and an average of 1.54 retail cards (a jump of 6.7 percent).

In other words, credit availability is on the rise. Can we do it smarter this time?

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State of Credit 2014

Posted on Nov 18 2014 by

Experian unveiled its fifth annual State of Credit report today, which provides a snapshot of consumers’ credit scores broken out nationally and by local market.

This year’s findings show that the nation’s average VantageScore has improved by two points since last year, coming in at 666. In the city listings, Mankato, MN takes the top spot with a VantageScore of 706 and Greenwood, MS residents have the lowest score of 609 in the study. While the report gives residents of certain cities reason to celebrate their higher scores, the study isn’t meant make the lower cities sing the blues. These types of data-driven insights are meant to help consumers — to give them a reason to be interested in credit, to want to understand and improve their financial well-being, and to become a more savvy credit user and manager.

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Good credit – an invaluable asset to businesses

Posted on Nov 17 2014 by

With Small Business Saturday quickly approaching, Experian wants to remind small business owners why it is important to have good business credit. Good credit scores – they’re not just for consumers. Businesses need them, too.

According to a recent Experian survey, only 33 percent of small business owners said they were able to get the capital they need to maintain satisfactory cash flow. Good business credit can help business owners receive the funding they need, as well as help them earn more favorable terms and lower interest rates.

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Experian named as one of the most innovative companies in the world

Posted on Nov 13 2014 by

Experian has been named to Forbes’ list of the top 100 most innovative companies in the world.

The world’s most innovative companies were united by one factor at the heart of Forbes’ methodology: ‘investors’ ability to identify firms they expect to be innovative now and in the future.

This ‘Innovation Premium’, alongside other factors, determined whether a company is included in Forbes’ exclusive list.

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Certified used vehicles are a “treasure” in smaller markets

Posted on Nov 12 2014 by

One of my favorite sayings growing up as a kid was, “One man’s trash is another man’s treasure.” While these words can have a very literal meaning, at its essence, it means that everything has a value to someone.

There couldn’t be a more fitting circumstance to apply this saying than when you look at the automotive industry, especially in relation to leased and certified used vehicles. After all, most certified used vehicles were once leases.

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Big Data: A Force for Good in Healthcare

Posted on Nov 11 2014 by

With all the discussions around the risks of big data, the fact that it can be used as a powerful enabler of good seems to be missed. The benefits of big data can be seen throughout our day to day lives from simple things like traffic alerts to more impactful purposes like those seen in today’s healthcare environment.

At Experian we serve more than 2,800 hospitals and 9,000 physician practices and use big data to help serve their patients as quickly and efficiently as possible. Our data and technology guides hospitals, physicians and patients step by step through an increasingly complex healthcare process.

With all the discussions around the risks of big data, the fact that it can be used as a powerful enabler of good seems to be missed. The benefits of big data can be seen throughout our day to day lives from simple things like traffic alerts to more impactful purposes like those seen in today’s healthcare environment.

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Join Experian at the #Money2020 conference in Las Vegas

Posted on Nov 04 2014 by

This week, Experian is participating in the Money 20/20 conference at the Aria Resort and Casino in Las Vegas. This premier conference highlights innovators that are profoundly changing how consumers and businesses manage, spend and borrow money. At the conference, Experian is providing a comprehensive view on customer intelligence and how we can be a data partner in helping businesses make powerful decisions that help acquire, grow and protect mobile customers.

The Experian team has hit the ground running and if you are attending the conference, be sure to check out all of the ways to meet up with us and stay connected.

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Analysis: Rental data proves to be a driving force in transforming consumers from unscoreable to scoreable

Posted on Oct 27 2014 by

For more than 20 years, Experian has been an advocate for full-file reporting, which means that we support the widespread reporting of alternative data—rental payments, utility payments and cellular telephone payments to name a few. For a large segment of the population, the reporting of these types of payments could provide opportunities to establish and/or build a credit file.

In 2011, Experian recognized that positive rental payment data was missing from credit files and could be an opportunity for 100 million renters to finally be rewarded and not overlooked simply because they rent instead of own the place they call home. With this in mind, we led the industry to start incorporating on-time rental payments to credit files through our Experian RentBureau business and utilized new technology that could score consumers previously deemed unscoreable. This investment opened the doors to underserved populations and helped moved the needle to becoming more financially inclusive.

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Independent research firm concludes that email marketers are poised to be industry leaders in cross-channel marketing

Posted on Oct 27 2014 by

New research shows email marketers are two times more likely than all other marketers to integrate customer data across all channels According to a commissioned study conducted by Forrester Consulting on behalf of Experian Marketing Services, maturity in cross-channel marketing is low and, despite the adoption of multiple channels in marketing programs, integration and coordination […]

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Big Data can Unlock the Future of Fraud Prevention

Posted on Oct 20 2014 by

More than 10 years ago I spoke about a trend at the time towards an underutilization of the information being managed by companies. I referred to this trend as “data skepticism.” Companies weren’t investing the time and resources needed to harvest the most valuable asset they had – data.

Today the volume and variety of data is only increasing as is the necessity to successfully analyze any relevant information to unlock its significant value. Big data can mean big opportunities for businesses and consumers.

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Experian addresses fraud and cybersecurity challenges as risks mount for banks, retailers and public sector

Posted on Oct 13 2014 by

Experian hosting Future of Fraud and Identity event during National Cyber Security Awareness Month Costa Mesa, Calif., Oct. 13, 2014 — Identity and fraud concerns are a pressing global issue for many industries, including financial services, public sector and retailers. With the rise in security and data breaches, many organizations across the United States are […]

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Experian Marketing Services expands cross-channel consulting program with launch of Marketing Sophistication CurveSM

Posted on Oct 09 2014 by

According to new research from Experian Marketing Services, a recognized leader in data-driven marketing, 90 percent of marketers struggle to move beyond single-channel marketing programs to optimize their marketing across channels or around the customer. The company today announced an expansion of its strategic, cross-channel consulting offerings to address this need and help organizations increase […]

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Experian Consumer Services Launches Spanish-Language Credit Product

Posted on Oct 08 2014 by

Experian Consumer Services in association with Univision Communications Inc., the leading media company serving Hispanic America, recently launched a Spanish-language, credit-focused product and online financial resource center for the U.S. Hispanic community called Crédito y Más.

The new product was developed to improve Hispanics access to credit education and resources. With Crédito y Más, consumers can check their credit score, receive a credit report, and have credit monitoring, among other benefits and access the information in Spanish or English. One of the most valuable features is the Centro de Información™, a robust resource center with articles, videos, financial calculators, a glossary of key credit terms and more.

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Congress Should Take Action to Improve Financial Education In Our Country

Posted on Oct 06 2014 by

How can I improve my credit score?

That’s a question thousands of consumers ask Experian every day. This question is asked even more frequently now that lenders are sending an estimated 120 million credit-score disclosures each year to consumers when they are denied credit or are offered terms that are less favorable than those offered to others. These score disclosures provide consumers with basic information about the score used in a transaction and direct them to the national credit bureaus if they have any questions.

However, when consumers ask Experian how they can improve their credit standing, it’s difficult to respond in an easy and consumer-friendly way. The difficulty arises because, although we want to help, the Credit Repair Organizations Act (CROA) puts substantial roadblocks between credit bureaus and consumers.

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Experian #FinCon14: Thoughts on the expo, our Plutus win and beignets

Posted on Oct 01 2014 by

Just a little over a week ago, I was in New Orleans surrounded by interesting, engaging and financially-savvy people with a common interest.

All of these people were brought together for FinCon Expo, which took place from September 18-21. It was not only a tremendous financial media community networking event, it was an opportunity to learn, grow and find inspiration.

From the Experian perspective, it was an opportunity to further build and focus on our social channels as a way to reach consumers and provide education and dialog around credit and financial empowerment. The two-day conference featured an expo hall where one could score some great information (along with some cool swag), keynote sessions that were led by powerful speakers like Jeff Goins, Farnoosh Torabi and Chris Ducker, and a full daily schedule packed with educational sessions and panel discussions (and of course, a lot of beignets served along the way).

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Data is Good… Analytics Make it Great

Posted on Oct 01 2014 by

The power of data is good.

Couple it with analytics and it becomes great.

Derive real and tangible insight from this process, and you are left with a very potent tool to affect real change and do a lot of good in the process.

At Experian, we have deep experience harnessing the power of data, in fact, we have been doing it since 1897. Using our insights to help merchants and consumers by providing an annual credit reference directory, we were using “big data” before big data was a buzz word.

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Experian ProtectMyID Survey: 93 percent of respondents believe that identity theft is a growing problem

Posted on Oct 01 2014 by

October is National Cyber Security Awareness Month, and Experian’s ProtectMyID® issued its new survey results about cybersecurity. The study, conducted by Edelman Berland, reveals areas where consumers’ identities are the most at risk, including electronic devices and online accounts. The findings show that 93 percent of respondents believe that identity theft is a growing problem yet are not doing enough to address the issue.

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Homeowners are borrowing again, as HELOC lending increased 27 percent in Q2 2014

Posted on Sep 29 2014 by

Experian–Oliver Wyman data reports $120 billion in new home-equity credit loans in past year; Q2 2014 saw new mortgage originations totaling $292 billion Costa Mesa, Calif., Sept. 29, 2014 — Mortgage origination volumes saw an increase of 15 percent in Q2 2014. Home-equity line of credit (HELOC) lending saw the biggest gains, according to Experian, the […]

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Experian Marketing Services launches identity-linkage engine for digital advertising industry to resolve data-quality and accuracy challenges

Posted on Sep 24 2014 by

Experian Marketing Services, a recognized leader in data-driven marketing, today unveiled OmniView™, a persistent data-linkage technology that creates a real-time single customer view, as part of the Experian Marketing Suite. The single customer view, or persistent identity, created by OmniView allows organizations to increase the precision, authenticity and sophistication of their marketing campaigns across channels […]

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