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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