In today’s fast-evolving and volatile economic landscape, global supply chains face unprecedented risks and complexities. Economic pressures, regulatory scrutiny, geopolitical tensions, and rapid technological advancements have shifted the way businesses operate across borders. For organizations involved in global trade, one of the most critical challenges is understanding exactly who they are doing business with. This The post The Growing Importance of Global UBO Solutions in the Supply Chain Industry appeared first on Singapore ..read more

By combining empathy with professionalism, businesses can ensure that their clients feel valued and understood, even when financial discussions are on the table. Effective communication is key—by being transparent, respectful, and solution-oriented, businesses can navigate collections without jeopardizing the trust they’ve worked hard to build. The ultimate goal in collections should not just be about The post Protecting Client Relationships During the Collections Process: A Delicate Balance appeared first on Singapore ..read more

SINGAPORE, 24 September 2024 – Experian Singapore (Experian) recently introduced Global UBO (Ultimate Beneficial Ownership), a comprehensive report to the market, designed to revolutionise due diligence and compliance processes in onboarding, portfolio management, and customer lifecycle management. This innovative resource provides detailed insights and evaluations of cross-border UBOs in over 200 markets, helping small and The post Experian Launches Global Ultimate Beneficial Ownership Compliance Solution for Enhanced KYC/KYB Verification appeared first on Singapore ..read more

Experian Singapore has been helping local enterprises make sense of how to read the signals for cash flow weakness for nearly 50 years. Here are some of the signs to help you make sense of it today to avoid the pitfalls of weak cash flow management. The Impact of Uncollected Debts When customers delay payments The post Struggling with Cash Flow Issues? Uncollected Debts Might Be the Culprit appeared first on Singapore ..read more

Here are some of the key benefits of leveraging professional debt collection services in Singapore: Expertise and Experience External collections companies specialise in debt recovery. They possess extensive knowledge and experience in handling various types of debts across different industries. Their expertise enables them to employ the most effective strategies and techniques to recover outstanding payments efficiently. By leveraging their experience, businesses can increase their chances of successful debt recovery without straining their internal resources. Legal Knowledge and Complianc ..read more

Why are these two capabilities highlighted as being the most important for fast and effective fraud prevention? The simple answer is that they act as enablers. Cloud allows for easy access to vast amounts of information, with additional compute power on demand. This processing capacity and large datasets are critical to the development of ML-based fraud risk models. However, ML powers more than just risk models. It is the analytical backbone behind a wide variety of specialised fraud prevention solutions. These range from biometric authentication, behavioural analysis, device fingerprinting, d ..read more

Singapore, 16 April 2024 Experian announced that the company was named a Leader in the IDC MarketScape: Worldwide Enterprise Fraud Solutions 2024 Vendor Assessment. The report evaluates each vendor’s advanced fraud detection capabilities, alignment with customer needs, and future strategy and roadmap for innovation. Experian offers an integrated digital identity and fraud risk platform that delivers analytics-driven outcomes through sophisticated orchestration. The IDC MarketScape report noted, “In addition to evaluating the transactional data for potential fraud, Experian’s CrossCore solution ..read more

The official appointment by the Singapore FinTech Association (SFA) and the Buy Now, Pay Later (BNPL) Working Group involves Experian’s technological infrastructure to facilitate creditworthiness checks for consumers with users’ credit information submitted by all accredited BNPL players in Singapore. Formed by SFA and industry players including Atome, Grab Financial Group and ShopBack, the BNPL Working Group has also launched its BNPL Code of Conduct to protect consumers and ensure that BNPL offerings will continue to benefit the ecosystem. SINGAPORE, 24 November 2022 – Experian – a leading ..read more

Comprehensive data insights paired with innovative technology create a winning combination for Experian London, September 15, 2022 – Experian has ranked #9 on the newly announced 2022 IDC FinTech Ranking, jumping from its previous position at #11. The FinTech Rankings is an annual ranking which highlights the top 100 global providers of financial technology by revenue. “At Experian we put the consumer at the heart of everything we do, working to provide data and insights around some of the biggest financial decisions in a consumer’s life,” said Alex Lintner, Group President of Experian Consume ..read more

Consumers surveyed in six APAC markets are most vulnerable to online fraud on social media sites, a new Experian report shows SINGAPORE, 21 June 2022: A new survey by Experian has found that a quarter of consumers across Asia Pacific (APAC) have been victims of online fraud, but across all markets surveyed in the region, many remain unconcerned about fraud and identity theft amidst today’s growing fraud risk due to digitisation. In the six APAC markets surveyed (Australia, China, India, Indonesia, Malaysia, and Singapore) in Experian’s Global Identity & Fraud Report, consumers in China and ..read more