Business solutions

Veda is a data analytics business providing information and analytic services to businesses to assist them in making decisions and managing risks. Veda's core product offering includes the provision of credit reports in relation to individuals and businesses. From its stable core credit bureau business, Veda has expanded to deliver a suite of credit and other analytical products targeted to specific industry needs. 

Veda holds data on more than 16.4 million credit-active individuals, 3.6 million on companies and businesses and 3.4 million on Sole Traders throughout Australia, providing customers with the ability to make more informed decisions including:

For the latest Veda Terms of Supply, click here.
 

PPSR

The launch of the Federal Government’s Personal Property Securities Register (PPSR) has signalled the start of a new and profound era for businesses and consumers across Australia.

The move to a single national register – and legal reform that underpins use of personal property as security for credit – impacts significantly on daily business processes, documentation, systems and the management of credit risk.

Comprehensive Credit Reporting

Veda is continuously developing new products and services utilising Comprehensive Credit Reporting (CCR) data to help credit providers make informed decisions. 

 
CCR solutions are now available at every stage of the credit lifecycle including originations, current account management, collections, and recoveries. Solutions include scores, alerts, and summary data characteristics for use in your decision making. 
 

In the media

Sydney, Australia: Thursday, 17 December 2015 – the framework to standardise the exchange of credit information between credit bureaus and credit providers has now been set with the Australian Competition and Consumer Commission (ACCC) releasing its final determination in regard to the Principles of Reciprocity and Data Exchange (PRDE).Read more
Auckland, New Zealand: Tuesday 1 December, 2015 – Analysis by Veda, the leading provider of credit information and analytics in Australasia, has found that lenders participating in comprehensive credit reporting (CCR) are reporting an increase in approval rates of between 10-20 per cent for new-to-lender applicants.Read more

Industry insights - Credit Demand Indices

Sydney, Australia: 28 January 2016 – Released today, the Veda Quarterly Consumer Credit Demand Index, measuring the volume of credit card and personal loan applications, showed a 9.7% lift in consumer credit demand in the December quarter compared with the same period in 2014. Read more
Sydney, Australia: 21 January 2016 – The Veda Quarterly Business Credit Demand Index, measuring applications for business loans, trade credit and asset finance, rose by 3.0% in the December 2015 quarter. Read more
Sydney, Australia: 20 October 2015 – Released today the Veda Quarterly Business Credit Demand Index, measuring applications for business loans, trade credit and asset finance, grew moderately by 1.6% in the September 2015 quarter.Read more
Sydney, Australia: 13 October 2015 – Released today, the Veda Quarterly Consumer Credit Demand Index, measuring the volume of credit card and personal loan applications, started the new financial year with a 6.6% lift in consumer credit demand in the September quarter compared with the same period last year. Read more