|Bid||2,910.00 x 0|
|Ask||2,913.00 x 0|
|Day's range||2,878.00 - 2,928.00|
|52-week range||1,823.50 - 2,928.00|
|Beta (5Y monthly)||0.43|
|PE ratio (TTM)||36.49|
|Earnings date||20 May 2020|
|Forward dividend & yield||0.38 (1.33%)|
|Ex-dividend date||25 Jun 2020|
|1y target est||25.64|
To combat a growing threat that’s expected to drive $48 billion in annual online payment fraud losses by 2023,1 Experian® today announced the launch of Sure Profile™. Experian is the first company with an offering to combat synthetic identity fraud that is integrated into the credit profile with market-leading assurance. With Sure Profile, Experian is putting "skin-in-the-game" by sharing fraud losses with the lender if the losses occur on assured profiles.
Equifax Inc and TransUnion — generate credit reports and scores based on consumer borrowing and payment habits, including bankruptcies and court judgements. The company, whose credit reports are used by banks, car dealers, healthcare providers and retailers, said the COVID-19 crisis had only a "limited financial impact" in full year 2020. The London-listed company said its several products including Ascend, Experian One, Open Data and CrossCore did well in the year, while Experian Boost saw "significant progress", among its U.S. consumers.
Experian is making available a free heat map of geographic populations at-risk of being most susceptible to developing severe cases of COVID-19.
The ability to confidently recognize consumers and safeguard their digital transactions is becoming increasingly challenging for businesses. In addition, fraud threats continue to rise across the globe as fraudsters take advantage of the COVID-19 global health crisis and rapidly shifting economic conditions.
Experian®, the world’s leading global information services company, today announced that it is offering a free webinar about macroeconomic scenario forecasting, credit trends and implications on Tuesday, April 28, 2020. This webinar taps into Experian’s data insights relating to the credit economy, and specifically, the impact brought by COVID-19.
Experian Health announces that MyHealthDirect’s scheduling solution is now available in the Epic App Orchard.
Loan payment freezes negotiated by companies with their banks during the pandemic should not damage their credit rating, credit reference agencies in Britain said on Wednesday. Experian, Creditsafe, Dun and Bradstreet, and Equifax set out guidance on Wednesday to protect business credit scores during the coronavirus lockdown. The government and regulators want banks to offer loan repayment freezes to companies struggling to stay afloat as millions of people are furloughed or forced to claim welfare benefits and a deep recession looms.
In a joint action, the three national credit reporting agencies in the United States – Equifax (EFX), Experian (EXPN.L) and TransUnion (TRU) – announce they are offering free weekly credit reports to all Americans for the next year to help them protect their financial health during the sudden and unprecedented hardship caused by COVID-19. Credit reports play an important role in financial health for consumers, businesses and the economy.
From free credit reports to ‘payer alerts’ for healthcare organizations, Experian North America has launched a wide range of initiatives to help consumers, businesses and the community during the COVID-19 pandemic.
In an effort to help essential organizations, such as government agencies, healthcare providers and non-governmental organizations, provide resources to those most in need during the COVID-19 pandemic, Experian has created At-Risk Audiences, which leverage its data assets to identify groups of individuals that are most likely to be impacted. These new privacy-compliant segments, offered free of charge, are designed to help these organizations find and communicate with at-risk populations, enabling them to deliver essential services as quickly as possible.
Experian® Health made available a free comprehensive list of COVID-19 and telehealth payer policy alerts for healthcare organizations.
The company, which competes with U.S. peers TransUnion <TRU.N> and Equifax <EFX.N>, said revenue from its North American market, rose 11% for the three months ended Dec. 31. Experian has benefited from an increased demand for its Ascend product, which is a platform that integrates client data, industry-specific data feeds and analytics, machine learning and artificial intelligence. The blue-chip company, which runs credit score checks for individuals and companies who seek to take out loans, currently has 27 million customers on its free membership platform in the United States and 42 million in Brazil.
The FTSE 100 <.FTSE> added 0.5%, while the mid-cap index <.FTMC>, which rallied on Monday after Brexit Party chief Nigel Farage said he would not fight Conservative-held seats in next month's British election, rose 0.1%. Markets rallied last week on signs of a thaw in relations between Washington and Beijing, but those gains were reeled back on Monday after U.S. President Donald Trump cast doubt on the progress of negotiations. Despite nervousness surrounding the outlook for global growth, sentiment around the U.S.-China trade rhetoric softened with two of Wall Street's benchmark indexes scaling record highs before Trump's speech at the Economic Club of New York on Tuesday.
Experian, the world's largest credit data company, said pretax profit rose to $480 million for the six months ended Sept. 30 from $470 million a year earlier, while organic revenue jumped 7% to $2.50 billion over the same period. "This was another half of good progress with strong momentum in North America, Latin America back to strong levels of growth, and pleasing progress in Consumer Services," Chief Executive Officer Brian Cassin said. The London-listed company narrowed its full-year organic revenue growth forecast to a 7-8% range from the 6-8% target it announced when it published its last annual results in May.
PlaceIQ is announcing a strategic investment from Experian. CEO Duncan McCall said the investment is part of a growth round that PlaceIQ raised after divesting itself of its advertising business (which is being taken over by Zeta Global).
Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace. Experian led the initial closing of a $20 million B1 round. In addition to new funding, the investment also gives Hong Kong-based CompareAsiaGroup access to Experian’s technology, including Experian One, a cloud-based credit scoring and risk assessment platform.
When Stackin' initially pitched itself as part of the Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. Now, nearly two years later, the company has pivoted from video to text-based financial advice for its millennial audience and is offering a new spin on lead generation for digital banks. “Stackin' has a unique and highly effective approach to connect and communicate with an entire generation of younger consumers around finance,” said Ty Taylor, group president of Global Consumer Services at Experian, in a statement.
Do you have a personal loan? Find out how your interest rate compares with what your fellow Americans are paying. Image source: Getty Images.
Revenue from running data checks in North America jumped 9% for the three months ended June 30, said the FTSE 100 company, which runs 28 credit bureaus globally. Experian and its peers Equifax and TransUnion generate credit reports, including on bankruptcies and court judgments, and scores based on borrowing and payment habits of consumers. Consumer services performed well, Experian said, adding that 21 million U.S. consumers now use its free membership platform to check their credit scores.