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Tech

Trusted data will transform the world

“In his Alan Turing Institute lecture in London last week, the American computer scientist Sandy Pentland outlined the massive gains that could result from trusted data. The MIT professor argued that the explosion of such information would give us the capability to understand our world in far more detail than ever before.”
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Tech

What is Alternative Credit Data?

“Some examples of alternative credit data include alternative financial services data, rental data, full-file public records and account aggregation. These insights can ultimately improve credit access and decisioning for millions of consumers who may otherwise be overlooked.”
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Risk & Fraud

Equifax, FICO Launch Data Decision Cloud As Credit Scores Meld With Marketing, Compliance, Customer Experience | ZDNet

“The launch highlights how credit reports are increasingly including more information on consumers. For Equifax, the launch with FICO highlights how it has recovered from a costly data breach following a bevy of post mortems . Cybersecurity insurance covered a big chunk of the Equifax tab and the company has invested heavily in technology.”
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Deals

Publicis Surges as $4.4 Billion Epsilon Deal Deepens Data Push

“Publicis Groupe SA made its boldest move yet into digital marketing with the French advertising group’s $4.4 billion purchase of Alliance Data Systems Corp. ’s Epsilon unit. The shares rose the most intraday in six months.    The owner of agencies Saatchi & Saatchi and Leo Burnett Worldwide is betting Epsilon’s trove of consumer data […]