|Bid||2,660.00 x 0|
|Ask||2,953.00 x 0|
|Day's Range||2,801.00 - 2,873.00|
|52 Week Range||1,823.50 - 2,926.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||37.91|
|Earnings Date||May 20, 2020|
|Forward Dividend & Yield||0.38 (1.31%)|
|Ex-Dividend Date||Jun 25, 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.
Today, individuals representing a class of millions of student loan borrowers sued five of the nation's largest financial companies for illegally damaging borrowers' credit and mishandling CARES Act pandemic relief. This lawsuit, Sass et al. v. Great Lakes et. al., was filed against Great Lakes Education Loan Services Inc., a subsidiary of student loan company Nelnet Corporation (NYSE: NNI), along with national consumer reporting agencies Equifax (NYSE: EFX), TransUnion (NYSE: TRU), Experian (LON: EXPN), and the consumer reporting agencies' jointly owned subsidiary Vantage Score Solutions, LLC. The plaintiffs are represented by Towards Justice, a non-profit economic justice law firm, and Berger Montague, with support from the Student Borrower Protection Center.
The U.K. on Wednesday became the latest country to sell bonds at negative interest rates, showing investor demand for government securities is so high than some are willing to pay for the privilege.
Experian is one of three companies that make up these numbers, which are all built to the same core formula drawn up by a fourth company but with slightly different criteria added that they don’t explain. Consumer Services had its best year since FY10 with 10% organic growth while Data outperformed expectations with 10% and Decisioning was in line with forecasts at 1%.
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.
S&P; Dow Jones Indices and Experian released today data through April 2020 for the S&P;/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was nine basis points lower at 0.90%. The bank card default rate rose 29 basis points to 4.23%. The auto loan default rate dropped 15 basis points to 0.66% and the first mortgage default rate fell 11 basis points to 0.66%.
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.
Presumptive Democratic U.S. presidential nominee Joe Biden's campaign on Monday unveiled a broad policy targeted toward helping reduce racial wealth and health gaps among new policies aimed at reaching black voters. As part of the wide-ranging plans, the former vice president pledged to open a new Public Credit Reporting Agency that could compete with Equifax Inc, Experian Plc and TransUnion and, according to the campaign, minimize racial disparities in lending. "Today's credit reports, which are issued by just three large private companies, are rife with problems: they often contain errors, they leave many 'credit invisible' due to the sources used to generate a credit score, and they contribute to racial disparities, widening the African American homeownership gap," Biden's campaign said in a statement.
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.
S&P; Dow Jones Indices and Experian released today data through March 2020 for the S&P;/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was three basis points lower at 0.99%. The bank card default rate rose 53 basis points to 3.94%. The auto loan default rate dropped eight basis points to 0.81% and the first mortgage default rate fell seven basis points to 0.77%.
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.
Moody's Investors Service ("Moody's") downgraded Equifax Inc.'s ("Equifax") senior unsecured rating to Baa2 from Baa1. The short term rating was affirmed at Prime-2. "Moody's expects Equifax's free cash flow will remain weak in 2020 due to elevated information technology spending and economic headwinds, limiting Equifax's ability to reduce financial leverage and leading to the ratings downgrade," said Edmond DeForest, Moody's Vice President and Senior Credit Officer.
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.
Experian North America has issued the following statement in support of today's historic CARES Act.
In response to the urgent and rapid changes associated with COVID-19, Experian is accelerating and enhancing its financial education programming to help consumers protect their financial health in these uncertain times. With expected delays in bill payments, unprecedented layoffs, hiring freezes and related hardships, Experian seeks to aid consumers in understanding how the credit reporting system and personal finance overall will move forward in this landscape. Experian invites everyone to join its special eight-week series of CreditChat conversations surrounding COVID-19 on Wednesdays at 3 p.m. ET on Twitter. The first chat will take place on Wednesday, March 25: How to Manage our Finances & Credit During This Coronavirus Pandemic.
S&P; Dow Jones Indices and Experian released today data through February 2020 for the S&P;/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was unchanged at 1.02%. The bank card default rate increased 13 basis points to 3.41%. The auto loan default rate dropped 10 basis points to 0.89% and the first mortgage default rate was unchanged at 0.84%.
Experian®, the world's leading global information services company, today announced Experian Boost™ as the winner of the "Consumer Lending Innovation Award" in the 2020 FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global fintech market today.