Watchdog warns Experian-Clearscore merger would stifle competition November 28, 2018 Experian’s merger with credit score rival Clearscore could harm competition in the credit checking sector, a watchdog warned today. The proposed tie-up would “stifle product development”, hurting people trying to make sense of their finances, according to the Competition and Markets Authority (CMA). “Our investigation has shown that this is a fast-paced and evolving market, [...]
Fraud and credit checks bolster Experian’s sales July 16, 2015 Data company Experian yesterday posted a five per cent rise in first-quarter revenue in the UK, with particularly strong growth in its anti-fraud services. “We’re making solid progress in the UK and Ireland, with further revenue momentum in the quarter, and good strategic progress as we secured a number of significant client wins by combining [...]
Experian’s growth stalls despite strong UK performance May 12, 2015 One word sums up Experian’s growth during the last financial year: sluggish. The figures Total revenues were $4.8bn (£3.1bn), while revenue growth was at one per cent at actual exchange rates, rising to three per cent at constant currency rates. Organic revenue rose one per cent, after a stronger final quarter. Benchmark profit before tax [...]
New directors join Bank of England court from Experian, TalkTalk and Drax July 21, 2014 Three business heavyweights were yesterday hired as non-executive directors on the court of the Bank of England, the Treasury has announced. Controversial Experian chairman Don Roberts has been given one of the positions. He faced a shareholder rebellion earlier this month, as a series of investors objected to his move from chief executive to chairman of the credit data [...]
World Cup 2014 effect hits Experian July 11, 2014 Experian, the credit rating company, has reported an 11 per cent contraction in like for like revenues in Latin America, apparently as the World Cup effect took hold. Credit checkers were spending less time at their desks as football fever gripped the continent. The depleted results were tempered somewhat by better figures from the UK [...]
Experian warns of World Cup dip May 7, 2014 EXPERIAN, the credit-checking and data group, warned yesterday that the World Cup is likely to dent its trading in Brazil over the summer, taking the shine off a four per cent rise in annual earnings to $1.2bn (£709m) and sending the FTSE 100 firm’s shares down 6.5 per cent. The company posted a 2.3 per [...]
London Report: FTSE led down by Experian and HSBC first quarter results May 7, 2014 BRITAIN’s blue-chip FTSE 100 index closed down by 2.12 points at 6,796.44 points yesterday, hindered by a drop in HSBC and credit data firm Experian. HSBC’s 1.3 per cent fall trimmed the most points off of the FTSE. The bank said its 20 per cent drop in first-quarter profits resulted from muted customer activity in [...]
Credit check company Experian hires fresh faces for its top team April 29, 2014 EXPERIAN has announced two new faces for its top management team, following the promotion of former chief financial officer Brian Cassin to chief executive in January. Lloyd Pitchford, chief financial officer at safety service provider Intertek, will join the credit checking company in September this year as its finance boss. Jan Babiak, a former managing [...]
Experian picks chief exec as its new chairman January 16, 2014 EXPERIAN’S chief executive is stepping into the chairman’s role from July, the firm announced yesterday, eight months after hiring headhunters to search for a new chair. The credit checking and data services group said Don Robert will leave the chief exec post to replace Sir John Peace, who said last May that he planned to [...]