The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was one basis point higher than last month, at 0.87%. The default rate for Chicago increased five basis points to 0.91%, while the default rate for Los Angeles increased four basis points to 0.65%. "Recent economic reports point to continued stability in consumer credit default rates," says David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. "Non-revolving credit outstanding, principally auto loans,continue to grow by 4%-5% annually while balances on bank cards and revolving credit grew more slowly in the first half of 2018 than in 2017.
Experian PLC Add to portfolio
LON100:EXPN, Sep 26, 09:38 UTC
Latest LON100:EXPN News
Filter your feed
Wednesday, September 19
Date: 19 Sep 18 Time: 19:56
Tuesday, September 18
Thursday, September 06
Date: 06 Sep 18 Time: 08:00
Experian Selects Dynatrace Software Intelligence Platform to Automate Cloud Operations
BOSTON--(BUSINESS WIRE)--Software intelligence company Dynatrace, today announced that global information services firm Experian has selected Dynatrace’s AI-powered, software intelligence platform to enhance service excellence and to meet the challenges of their increasingly complex enterprise cloud environment. The Dynatrace® platform will sit at the core of the Experian IT Operations architecture, where it will auto-discover and monitor business critical applications, processes, services and hosts within Experian’s IT ecosystem, along with their inter dependencies, to create a continuously updated, real time service map. The deep configuration management database (CMDB) integration capabilities in Dynatrace will be invaluable in enabling Experian to manage its highly dynamic application infrastructure by automating the detection of IT service components and dependencies, then synchronizing that with ServiceNow®. We looked at a couple of alternatives, but Dynatrace’s software intelligence platform won out because it’s cloud first, simple to deploy approach that does a lot of the automation for you.”.
Wednesday, September 05
Date: 05 Sep 18 Time: 19:44
Experian PLC (LON100:EXPN) social chatter is higher than usual
Date: 05 Sep 18 Time: 10:00
Experian Study: Consumers looking for greater financial control in their healthcare journey
FRANKLIN, Tenn., Sept. 5, 2018 /PRNewswire/ -- Like any other consumer-facing industry today, healthcare is rapidly evolving into a competitive environment where providers must not only provide exceptional care to their patients but also consider how patients experience the financial and administrative aspects of care; people want to be treated not only as patients, but as valued customers. "The healthcare industry has an enormous opportunity to improve a consumer's experience by focusing on providing transparency across the administrative, financial and clinical aspects of their healthcare journey. Consumers want control -- they want to know, upfront, the cost of their care so they can avoid surprises and prepare to meet financial obligations," said Jennifer Schulz, president of Experian Health. "They also want on-the-go access to pay their medical bills and schedule appointments. This requires healthcare organizations to adopt the same data, insights, and technology as other consumer industries to drive an ideal customer experience." Many complicated tasks in order to pay for care cause frustration. When it comes to the steps associated with seeking and obtaining medical care, consumers expressed that financial matters cause the most angst, even when compared to the process associated with getting diagnosed by a physician or undergoing medical tests. Survey results reveal 97 percent of consumers ranked financially related tasks that take place prior to a doctor's appointment as "very" to "extremely" important parts of their healthcare journey, but most are dissatisfied with current solutions to address these pain points.
Thursday, August 30
Date: 30 Aug 18 Time: 12:30
Experian finds consumers are doing a better job of making on-time car payments
According to Experian's State of the Automotive Finance Market report released today, the percentage of 30- and 60-day delinquencies improved during Q2 2018. "Moving forward, lenders will want to keep a close eye on car buyers' payment performance. Understanding these trends and leveraging the power of data helps lenders make the right decisions when analyzing risk." But while delinquencies trend downward, affordability remains a point of industry interest, as average loan values continue to rise across the spectrum. Taking an even closer look at the data, lenders can gain insights from the gap between new and used financing payments, which continues to widen, reaching $147 in the second quarter. For some consumers, that gap can mean the difference between buying a new or used vehicle. "Having access to quality credit is something every consumer deserves, regardless of the type of financing used. As the cost of vehicles rises, lenders need to make sure they're leveraging all available data so they can offer comprehensive financing options to all consumers," Zabritski said.
Wednesday, August 29
Date: 29 Aug 18 Time: 16:30
Experian appoints Steve Pulley as executive vice president and general manager of Global Identity & Fraud Solutions
COSTA MESA, Calif., Aug. 29, 2018 /PRNewswire/ -- Experian® today announced that Steve Pulley will join the company as executive vice president and general manager of Global Identity & Fraud Solutions. In his new role, Pulley will oversee Experian's identity and fraud business — more than 300 fraud experts around the world working to protect people's identities and fight fraud for businesses across multiple sectors, including financial services, telecommunications, retail/e‑commerce, insurance, government and healthcare. "Businesses everywhere are grappling with the challenges of how to identify customers with more ease and confidence," said Steve Wagner, global managing director of Decision Analytics for Experian. "Steve is a great addition to the team, and I'm confident his leadership will help drive the business forward and allow us to help more companies better identify their customers, deliver a great customer experience and fight fraud."
Thursday, August 23
Date: 23 Aug 18 Time: 12:00
Experian study finds most millennials need to improve borrowing behaviors before homebuying
COSTA MESA, Calif., Aug. 23, 2018 /PRNewswire/ -- Experian®, the world's leading information services company, released a study today that highlights the borrowing behaviors of millennials, the largest credit population in the United States. "This data presents good news for younger, thin file millennials interested in buying a home. We're seeing that small changes in financial behaviors such as building a history of on time payments and improved credit practices can help lenders shift from viewing millennials as high-risk to low-risk relatively quickly," said Michele Raneri vice president analytics and business development at Experian. To better understand the borrowing behaviors of the next big wave of homebuyers, Experian looked at personal loan trends, credit scores, bankcard behaviors and mortgage trends of 60 million millennial consumers. In addition, with 61 percent of millennials near prime or worse, many will need to improve personal loan and bankcard usage habits to obtain lower rates when they're ready to secure a mortgage.
Wednesday, August 22
Date: 22 Aug 18 Time: 13:00
Experian cited in "Now Tech: Digital Decisioning Platforms" report
COSTA MESA, Calif., Aug. 22, 2018 /PRNewswire/ -- Experian® announced that it has been included in Forrester's Now Tech: Digital Decisioning Platforms, Q3 2018 report and named as one of the six large vendors in the market based on annual revenue. "In this era of disruptive digital transformation, delivering new and innovative customer experiences is a top priority for businesses worldwide," said Steve Wagner, global managing director of Decision Analytics for Experian. According to the report, "digital decisioning apps solve a key challenge in digital business: in the customer's moment of need, deciding what to do, and then doing it. Digital decisioning apps automate actions for individual customers by responding to insights about customers and business operations gained from analytical and machine learning models." As the quantity and complexity of both data and analytical models have increased, internal development of digital decisioning applications has become increasingly challenging. Experian, a worldwide decisioning leader in automotive, financial services, healthcare, retail, telecom and more, has grown its flagship decisioning platform, PowerCurve®, into the worldwide choice for clients that need a digital decisioning platform that helps them:.
Tuesday, August 21
Date: 21 Aug 18 Time: 13:58
S&P/Experian Consumer Credit Default Indices Show Composite Default Rate Steady In July 2018
The default rate for Los Angeles fell four basis points to 0.61%, while the rate for New York fell one basis point to 0.87%. Meanwhile, the composite default rate has gradually fallen and is now nine basis points lower than it was in January. "There are some conflicting trends behind the continued stability in consumer credit default rates," says David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. One explanation for the stable auto and mortgage default rates is that the share of new loans continues to go to the most credit worthy borrowers since climbing sharply in 2008-2010.
Key Stats & Ratios
|Quaterly Earnings Growth||2.90%|
|Quaterly Revenue Growth||9.90%|
|Revenue per share||5.08|