Veda is all about 'applied intelligence'; taking raw data and making it useful for businesses and for consumers.
Through our data insights we provide information our customers can use to make informed decisions. Veda's quarterly credit demand index provides the latest trends in demand for credit cards, personal loans, mortgages and business lending. Through our data and expert knowledge we look for reasons behind rising insolvencies and the behaviour of phoenix companies highlighting areas where our customers might want to be more vigilant.
Veda's half yearly Debt Study helps to gain insights into consumers behaviour when it comes to debt. Are consumers coping with regular bills and repayments? Are they looking to take on more debt? What are their main reasons for expenditure? Information helping to provide an insights into credit demand.
Veda is at the forefront of legislative change building services to help our customers with changes such as the National Consumer Credit Protection Act (responsible lending), the Personal Property Securities Register and changes around Anti-Money Laundering / Counter Terrorism Financing legislation. Veda has led the campaign on changes to privacy laws to enable comprehensive reporting.
The new PPSR brings a significant change to the way you manage your security interests.
New laws will soon modernise Australia's credit reporting to allow comprehensive credit reports.
Electronic verification is evolving rapidly to offer new benchmarks for security and convenience.