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

Comprehensive Credit Reporting (CCR) is all about a change in the credit information that can be shared by lenders for assessment of credit. It will reshape the way lenders assess risk and consumers access credit.  

In industry terms, CCR means a shift from negative to comprehensive credit reporting: more data, more often, shared more widely – which provides a more complete picture of a customer’s credit commitments - benefiting consumers, lenders the wider economy.

In the media

Sydney, Australia: 3 April 2014 – While Australia’s centralised Personal Property Securities Register (PPSR) has gained world class recognition, simplification of the system would cut costs and reduce uncertainty for large businesses and SMEs who interact with the system, the Veda PPSR Forum heard yesterday.Read more
Sydney, Australia, Monday 17 March 2014: Veda, the data analytics company and leading provider of credit information and analysis in Australia and New Zealand, has today signed a National Business Partnership agreement with the Australian Institute of Conveyancers (AIC), to help prepare the industry for the transition to e-Conveyancing.Read more

Industry insights - Credit Demand Indices

Sydney, Australia: 15 April 2014 – The Veda Quarterly Business Credit Demand Index, measuring applications for business loans, trade credit and asset finance rose 2.1% in the March 2014 quarter. Read more
Sydney, Australia: 9 April 2014 – The Veda Quarterly Consumer Credit Demand Index, measuring applications for credit cards and personal loans, picked up to an annual rate of 3.1% in the March quarter, rising from a flat outcome recorded in the December 2013 quarter. Read more
Sydney, 21 January 2014: Veda, the data analytics company and leading provider of credit information and analysis in Australia and New Zealand, today revealed the results of its consumer credit demand index for the fourth calendar quarter of 2013. Overall consumer credit demand for the December quarter compared to the same period in 2012 was flat (+0.4%) year on year, representing an easing in the pace of growth from the increase of 7.4% recorded in the September quarter.Read more
Sydney, 16 January, 2014: Veda, the data analytics company and leading provider of credit information and analysis in Australia and New Zealand, today revealed the results of its business credit demand index for the fourth calendar quarter of 2013. The index, which measures the change in credit demand for the December quarter compared to the same period in 2012, showed that overall business credit demand rose by +0.9% over the past year, and increased marginally from -0.7% in the September quarter.Read more