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May 19 2023 Economic Snapshot May 2023
Are you feeling the pinch of rising costs? Recent data from illion has revealed that rising essential living costs have created a selective consumer landscape with local business expected to suffer the most.
Find out what the latest data in our latest Australian Economic Snapshot which includes analysis on how consumers are winding back their spending…
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May 03 2023 Unlock the power of Geo Attributes
illion’s geographical profiling capabilities can open up brand-new areas of opportunity.
By leveraging our expansive bureau information, we can aggregate geographical areas down to mesh block levels (30 to 60 households) to reveal extensively detailed insights.Where Sydney homeowners are behind on their mortgage repayments% of home loans that are 30+ days past due
Current % 0.1 2.5Where…
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Apr 03 2023 How smart technology is changing the lending landscape
Steve Brown (Head of Client Engagement, Banking and Financial Services, illion) sits down for a talk with Julian Fayad (Founder and CEO, LoanOptions.ai) to discuss the changing lending landscape and the impact of artificial intelligence.
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Mar 27 2023 Economic Snapshot March 2023
With the overall stress in the Australian market starting to impact company financials, late payments times are starting to increase.
Find out what the latest data shows, including a breakdown of those industries hardest hit, in our latest Australian Economic Snapshot below.
Click through to see the full results.
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Feb 17 2023 Love Data Week 2023
We received many thought-provoking responses which included:
“Data is the fundamental ingredient which bring illion’s scores to life – like the iTRS (illion Transactional Risk Score) which has the ability to increase access to mainstream credit for the one in five Australians who are underbanked.”
“It gives us great pride and it’s also humbling to step back…
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Feb 15 2023 5 questions to consider about PEP and sanctions screening
Recently, the Australian Sanctions Office (ASO) notified the public about the amendments to the Consolidated List. The Consolidated List got lengthier with the inclusion of a few more individuals and entities as a result of changes made to the United Nations Security Council Resolutions 1267 (concerning ISIL (Da’esh), Al-Qaida and associated individuals), autonomous sanctions on…
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Feb 15 2023 5 ways perpetual KYC improves AML monitoring outcomes
Financial institutions have an obligation to continuously monitor transactions and escalate suspicious matters to the Australian Transaction Reports and Analysis Centre (AUSTRAC).
This can be challenging if you have limited resources.
Further, if your organisation relies on traditional periodic Know Your Customer (KYC) reviews, you may not achieve the results you need to make key risk management…
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Feb 06 2023 Q&A video: Minimising the risk of identity theft
According to the Australian Institute of Criminology, the annual economic impact of identity crime exceeds $2 billion, with 1 in 4 Australians falling victim at some point in their lives.
To minimise the risk of identity theft, it is critical for businesses to know who their customers really are. illion’s KYC, Financial Crime & AML Solutions specialists Peter…
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Jan 10 2023 How illion consumer data can improve your marketing strategy
With our consumer marketing data, you can make better decisions.
By analysing and providing insights into your customers’ behaviour, we can help you understand who your customers are, so you can measure, define and refine your go-to-market strategy, and find more of your desired customers.
We do this in four stages:
1 – Enhance
We validate and enhance your…