2023 Year in Review
Our experts have summarised the key insights in Australia for 2022.
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Latest news and blogs
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Australian Consumer Stress Barometer – December 2023
As interest rates have bitten hard into the budget of Australians in 2023, new research released by credit bureau illion today shows that households with a mortgage in Australia’s two major capital cities are continuing to struggle, whereas mortgage-holders in…
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illion Transaction Risk Score blog
The illion Transaction Risk Score (iTRS) assesses an applicant’s bank transaction data to provide a fresh and unique insight into their financial behaviour.
This solution is the most significant enhancement to data-driven risk management since the introduction of Comprehensive Credit Reporting.
Both… -
How illion data can help increase customer retention
While acquiring new customers can provide benefits in the short-term, to sustain long-term growth, businesses need to keep customers coming back.
By focusing on customer retention, you can maximise the value of your existing customer base and mitigate the costs associated…
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Economic Snapshot October 2023
Late payments continue to be on the rise, impacting various industries differently in the Australian economy. illion’s trade bureau helps report on these shifts by monitoring payment behaviour between businesses and suppliers.
Over the last 12 months, the Construction and Manufacturing…
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Australian Consumer Stress Barometer – September 2023
With many now believing that Australia’s inflation peak is behind us, and rising interest rates may be at or near to a peak, new findings released today by credit bureau illion, suggest companies be mindful that the resulting credit stress…
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Economic Snapshot September 2023
Many mortgage lenders have reduced the time it takes for consumers to get a new home loan or refinance.
In the last two years, there has been a steady decline in the time it takes from an initial enquiry to an… -
Customer acquisition methods to maximise your reach
With natural disasters, interest rate increases, inflationary pressures, international instability and economic insecurity, the Australian market has become increasingly turbulent. In addition, consumers are now becoming more discerning and less loyal to their providers. They are constantly looking for better…
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What is biometric authentication
Biometric authentication is a secure personal identification process that uses our unique physical or behavioural characteristics to prove we are who we claim to be.
The terms biometric authentication and biometric verification are synonymous and are often used interchangeably. Both involve…
