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The cumulative effect of Basel III is expected to have a substantial impact on capital requirements. The total minimum regulatory capital will increase from 8 percent to 10.5 percent. For institutions that are considered "systematically important," an additional holding requirement may be imposed of up to 3.5 percent. Download our white paper to learn more about how your peers are reacting to Basel III and how Experian can help banks to optimize risk-weighted assets. Source: Creating value in challenging times: An innovative approach to Basel III compliance by Experian's Global Consulting Practice
A recent survey of 1,000 representative American consumers showed that while 78 percent of respondents are aware that they have more than one credit score, some key misperceptions remain: • Fewer than half (44 percent) understand that a credit score typically measures risk of not repaying loans rather than amount of debt (22 percent), financial resources (21 percent) or other factors. • More than half still think that a person's age (56 percent) and marital status (54 percent) are factors used to calculate credit scores, and 21 percent incorrectly believe that ethnic origin is a factor. Click here to get the facts on the types of credit scores and what influences them. Source: VantageScore® press release, May 2012. VantageScore® is owned by VantageScore Solutions, LLC.
The dramatic transformation of the financial services industry requires new advances and innovation in credit strategies to respond to the growing number of underbanked customers who need to be served. The underbanked, or unbanked, market now represents nearly 64 million U.S. consumers who have limited or no traditional credit history. Take a quiz now to test your knowledge of America's underbanked. Source: Experian News, May 2012
Mortgage origination volumes increased to $427 billion in Q4 2011 – a 31 percent quarterly gain. However, overall 2011 originations of $1.35 trillion were 16 percent lower than 2010 volumes. Sign up to attend our upcoming Webinar, which will focus on current credit trends and feature a closer look at the overleveraged consumer. Source: Experian-Oliver Wyman Market Intelligence Reports.
Year over year retail spend continues to trend up, translating into Bankcard balance growth and new originations. New Bankcard volumes (limits) came in at $59 billion in Q4 2011 – a 52 percent increase over the previous year. Register now for our upcoming credit trends webinar. Source: Experian Infographic: Bankcard and Retail Spending Trends.
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Case studies Experian’s products help clients profitably manage and optimize their customer relationships. We regularly publish case studies highlighting our clients’ successes. » View client case studies » Contact us at decisionanalytics@experian.com to request a client reference Newsletters Experian publishes newsletters on a variety of credit trends and decisioning topics, ranging from recent industry news and regulations, to exclusive offers and updates. » View latest editions, archives and join our mailing list. Webinars Experian provides interactive education for credit professionals. View our complimentary webinars and learn how we help you build successful relationships with your customers. » Register for current and view past credit trends and decisioning Webinars » View all available Experian Webinars White papers Experian publishes regular research reports and white papers on industry-relevant topics and issues. » Download research reports and white papers
Experian Experian® is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions. Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage. Experian Decision Analytics assists high-performing organizations all over the world by leveraging information to find, target and acquire new customers and to build, nurture and maximize lasting profitable customer relationships. We provide scoring, analytics, fraud detection, decision support software and consulting at every stage of the Customer Life Cycle to markets such as: Traditional and nontraditional lenders - including banks (from de novo to money center banks), finance companies, credit unions, first-party collections, retail credit, third-party processors and auto finance - from consumer and small-business lending to commercial lendingTelecommunicationsUtilitiesCable and satellite companies