EXPN.L - Experian plc
| Previous close | 2,811.00 |
| Open | 2,837.00 |
| Bid | 2,803.00 x 0 |
| Ask | 2,804.00 x 0 |
| Day's range | 2,785.00 - 2,844.00 |
| 52-week range | 1,823.50 - 2,926.00 |
| Volume | 640,138 |
| Avg. volume | 2,870,233 |
| Market cap | 25.469B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 37.79 |
| EPS (TTM) | 74.20 |
| Earnings date | 20 May 2020 |
| Forward dividend & yield | 0.38 (1.34%) |
| Ex-dividend date | 25 Jun 2020 |
| 1y target est | 25.64 |
- Business Wire
Experian Announces Breakthrough Solution in the Fight Against Synthetic Identity Fraud
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.
- Financial Times
Markets Now - Wednesday 20th May 2020
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%.
- Business Wire
Experian Launches Interactive U.S. Map Showing Populations Most Susceptible to Developing Severe Cases of COVID-19
Experian is making available a free heat map of geographic populations at-risk of being most susceptible to developing severe cases of COVID-19.
- Business Wire
Experian Releases New Version of Its Integrated Digital Identity and Fraud Risk Platform to Help Businesses Quickly Respond to Today’s Emerging Fraud Threats
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.
- Business Wire
Experian Offers Free Macroeconomic Scenario Forecasting Webinar With Initial Insights From the Impact of COVID-19
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.
- Simply Wall St.
What Did Experian plc's (LON:EXPN) CEO Take Home Last Year?
Brian Cassin has been the CEO of Experian plc (LON:EXPN) since 2014. This analysis aims first to contrast CEO...
- Business Wire
Experian Announces MyHealthDirect Scheduling Solution Now Available in Epic’s App Orchard
Experian Health announces that MyHealthDirect’s scheduling solution is now available in the Epic App Orchard.
- GlobeNewswire
Equifax, Experian and TransUnion Announce Free Weekly Credit Reports to Help Americans in Response to COVID-19
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.
- Business Wire
Experian Reaffirms Commitment to Help Consumers, Businesses and the Community During COVID-19 Pandemic
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.
- Business Wire
Experian Offers New At-Risk Audience Segments, Free of Charge, to Essential Organizations to Help Identify Those Most Impacted by COVID-19
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.
- Business Wire
Experian Health Will Provide Free Access to a List of Payer Policy Alerts Related to COVID-19 and Telehealth
Experian® Health made available a free comprehensive list of COVID-19 and telehealth payer policy alerts for healthcare organizations.
- Bloomberg
Economic Growth Engine Turns Weak Link in Virus-Stricken Brazil
(Bloomberg) -- Brazil is losing one of its most reliable growth drivers as the coronavirus pandemic deals an unprecedented blow to consumer demand, according to a set of leading indicators for the retail sector.Consumers in March cut spending on everything from big-ticket purchases including vehicles to smaller items such as food and drinks, according to data provider Serasa Experian, which said overall declines were the biggest in decades. That’s put official retail data published Tuesday showing an increase in sales in February into the rear-view mirror.Since mid-March, the pandemic has upended consumer spending that accounts for roughly two-thirds of gross domestic product in Latin America’s largest economy. In the past, retail sales powered growth on the back of greater credit access and a growing and more confident middle class. Now, the crisis is shuttering outlets from clothing stores to bars and exacerbating already high unemployment.“With people staying at home more and many brick-and-mortar stores closed, the consumption of goods automatically falls, especially of non-essentials such as vehicles and construction materials,” said Serasa Experian economist Luiz Rabi.Long gone are days when electronics and televisions flew off the shelves as retail sales posted year-on-year gains that reached the double digits. While not nearly as vibrant as the start of the last decade, consumption showed strength in 2019 with a streak of seven straight monthly retail increases boosted by record-low interest rates.Still, the outbreak of the virus, which has killed more people in Brazil than anywhere else in Latin America, sent consumer confidence tumbling in March to its lowest level since the country emerged from recession in early 2017. Vehicle sales dropped to the lowest in two years, car maker association Anfavea reported on Monday.Serasa Experian’s gauge of commercial activity recorded the biggest monthly fall in March since the start of the index in 2000. Data collected by payment company Cielo showed nominal retail sales were off 22.4% during the same period amid a 47.8% plunge in services such as travel and 36.1% decline in durable goods such as clothing.‘Just Guessing’Clothing retailer Marisa Lojas is one of the many chains that’s seen a sudden fall in consumer demand. The company saw a 50% drop in foot traffic at its open stores, CFO Adalberto Santos said on an earnings call last month that was held just before the company decided to temporarily close all of them.When asked about 2020 sales forecasts, Santos said making predictions amid such uncertainty was difficult. “Any numbers or anything we say here will be just guessing,” he said according to the transcript of the call. “So I’d rather not say anything.”Indeed, whereas 2020 growth estimates above 2% were nearly consensus in January, banks such as JPMorgan Chase and Bank of America Merrill Lynch are now forecasting gross domestic product to contract between 3% and 4%. Brazil’s Economy Ministry is officially expecting no growth this year.Read more: Virus Fallout and Gummed-Up Congress Pressure BolsonaroComplicating matters is the slow arrival of government aide for workers amid the current crisis, according to Adriana Dupita, a Latin America economist at Bloomberg Economics. Put together, workers’ struggles coupled with the closing of stores mean there’s no way to avoid a direct hit to consumption in upcoming months.“Even if people were allowed to shop, they would not have money to pay,” Dupita said. “All coincident indicators point to a double-digit plunge in retail sales in March, and the picture is even gloomier for April.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Business Wire
MEDIA ADVISORY: Cash, Credit and COVID-19: Experian Expert Available
Experian has a credit expert that is available to the media and consumers to address credit topics during COVID-19.
- Simply Wall St.
Is Experian plc's (LON:EXPN) 32% ROE Better Than Average?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Simply Wall St.
Should You Buy Experian plc (LON:EXPN) For Its Dividend?
Could Experian plc (LON:EXPN) be an attractive dividend share to own for the long haul? Investors are often drawn to...
- Simply Wall St.
Is Experian's (LON:EXPN) Share Price Gain Of 128% Well Earned?
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
- Simply Wall St.
Experian plc (LON:EXPN) Goes Ex-Dividend In 2 Days
Experian plc (LON:EXPN) stock is about to trade ex-dividend in 2 days time. Investors can purchase shares before the...
- Bloomberg
Big Tech Is Coming for Banking: Experts Predict Fintech’s 2020
(Bloomberg) -- Financial technology startups will enter the next decade with a little more street cred than the last time around.Nearly 60 upstarts focusing on financial services -- from Stripe Inc. to Chime Inc. to Plaid Inc. -- have garnered valuations of more than $1 billion in recent years, according to CB Insights. Personal loans -- a category popularized by fintechs like GreenSky Inc. or Affirm Inc. -- are now the fastest growing form of debt in the U.S., Experian data says. And Robinhood sparked a movement toward free stock trading that has shaken the business models of the likes of Charles Schwab Corp. and E*Trade Financial Corp.Still, analysts and experts say there’s more to come. Sweeping mergers and acquisitions have transformed some of the industry’s largest incumbents in payments, who are gearing up for a bigger fight for market share with newcomers. And regulators are looking to have more say over how technology companies venture into financial services.Here’s our annual list of the most important trends, challenges and companies to watch in the New Year.Exit StrategiesMergers and acquisitions have historically been small and rare in the fintech space, but that changed in a big way in 2019. Fiserv Inc., Fidelity National Information Services Inc. and Global Payments Inc. did a series of deals that transformed payment processing in the U.S. More recently, PayPal Holdings Inc. made its largest acquisition ever and Charles Schwab announced it would buy TD Ameritrade Holding Corp. for about $26 billion. That frenzied pace of deal-making might continue through (at least some of) 2020.Lindsay Davis, senior intelligence analyst, CB Insights: “Wealth management will likely see more consolidation from incumbents, who are under pressure to compete for next-gen customers and an army of virally growing fintech apps who have abstracted the client relationship away from the old guard. Charles Schwab buying TD Ameritrade is just the beginning of more strategic consolidation to come.”Matt Harris, partner, Bain Capital Ventures: “I think there is a window during the first half of the year for IPOs, but once summer hits people will be fundamentally distracted by the election. I certainly don’t think it will be fast and furious.”Regulatory ScrutinyMemorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. (Legislators were not amused.) Our experts think there’s plenty more government scrutiny ahead for financial technology players. That’s even though regulators including the Federal Reserve and the Federal Deposit Insurance Corp. have sought to encourage banks to work with newer technologies like alternative data in their underwriting in an attempt to bring more people into the financial services ecosystem. Companies will need to adjust their strategies accordingly.Alyson Clarke, principal analyst, Forrester: “Regulators are going to start taking a closer look and scrutinizing artificial intelligence. The whole Apple Card and the supposed gender bias -- I think we’ll see more things like this surface. Transparency in AI is critical and ethics in AI is critical and it needs regulatory oversight.”Vanessa Colella, Chief Innovation Officer, Citigroup Inc.: “We want to make sure the people who are transacting are who they say they are. As we get to 40 billion devices online, you can see it’s not just about KYC, or Know Your Customer, it’s KYM, or Know Your Machine -- and being sure that, as these transactions are happening at the edge, that you’re able to validate what the machine is, and whether the machine has the permission and the capability to make that transaction.”The Rise of Digital BanksChime, the leading U.S. digital bank, is now valued at $5.8 billion. That makes it more valuable than some of the country’s largest banks, including New York Community Bancorp, CIT Group Inc. or Synovus Financial Corp. It’s part of a new class of entrants, known as “challenger banks” or “neo-banks,” that’s raised more than $3 billion in venture funding in the first three quarters of this year. With that has come millions of customers. Will they remain loyal? Or will traditional lenders be able to win them back?Frank Rotman, founding partner, QED Investors: “While these neo-banks can’t yet match the complete suite of banking products that a traditional branch-based bank can, this doesn’t matter to the typical consumer because they rarely, if ever, use any of the hundreds of products that are in a bank’s arsenal. So we’ll be talking about challenger banks in 2020 and in 2021 and in 2022 and eventually the ‘challenger’ title will be dropped because they’ll be major players in the ecosystem.”Mitch Siegel, principal, KPMG: “I do believe 2020 is an arms race: You’re going to see a lot of people launching digital banking initiatives. Personalization is what’s changed that game. Cross-selling without personalization seems sleazy but if you can personalize offers, and give me things that are high probability that I actually want them, I’m OK with you trying to sell me other products and services. Make it easy. Know me. Value me. Protect me.”The Bank of Apple? Big Tech Moves InIf you’ve read this annual post before, you’ll be no stranger to predictions that the technology giants of the world will move deeper in to finance. The pace of those moves accelerated this year, however, with Apple launching a credit card with Goldman Sachs Group Inc., Alphabet Inc. announcing a checking product with Citigroup, and Facebook attempting to make a new global currency.Matt Harris: “I think this is inevitable. Tech companies, large and small, will be looking to incorporate payments, lending and insurance in their business models in the coming years, and the smartest and most capable banks will want to be part of that movement. I do think this raises the stakes for pure fintech startups.”Frank Rotman: “The trend is broader than ‘tech getting into finance.’ It should be seen as ‘customer-facing organizations’ offering their customers banking products. Many customer-facing organizations have built up trust with their customers -- as evidenced by high engagement and high net promoter scores -- but don’t want to, nor see the need for, officially becoming a bank. Instead, they can partner with banks that are willing to co-brand or white label their services and offer great banking products to their loyal customers.”Lindsay Davis: “Netflix could also leverage financial services to compete and enable gig-economy workers and freelancers in the film and TV industry, which have been traditionally too niche to serve, and have a unique set of pain points.”To contact the reporters on this story: Julie Verhage in New York at jverhage2@bloomberg.net;Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Anne VanderMey, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Is Experian plc's (LON:EXPN) High P/E Ratio A Problem For Investors?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Experian...
- Bloomberg
Apple Card’s Gender-Bias Claims Look Familiar to Old-School Banks
(Bloomberg) -- Apple Inc. pitches its new card as a model of simplicity and transparency, upending everything consumers think about credit cards.But for the card’s overseers at Goldman Sachs Group Inc., it’s creating the same headaches that have bedeviled an industry the companies had hoped to disrupt.Social media postings in recent days by a tech entrepreneur and Apple co-founder Steve Wozniak complaining about unequal treatment of their wives ignited a firestorm that’s engulfed the two giants of Silicon Valley and Wall Street, casting a pall over what the companies had claimed was the most successful launch of a credit card ever.Goldman has said it’s done nothing wrong. There’s been no evidence that the bank, which decides who gets an Apple Card and how much they can borrow, intentionally discriminated against women. But that may be the point, according to critics. The complex models that guide its lending decisions may inadvertently produce results that disadvantage certain groups.The problem -- in Washington it’s referred to as “disparate impact” -- is one the financial industry has spent years trying to address. The increasing use of algorithms in lending decisions has sharpened the years-long debate, as consumer advocates, armed with what they claim is supporting research, are pushing regulators and companies to rethink whether models are only entrenching discrimination that algorithm-driven lending is meant to stamp out.“Because machines can treat similarly-situated people and objects differently, research is starting to reveal some troubling examples in which the reality of algorithmic decision-making falls short of our expectations, or is simply wrong,” Nicol Turner Lee, a fellow at the Center for Technology Innovation at the Brookings Institution, recently told Congress.Wozniak and David Heinemeier Hansson said on Twitter that their wives were given significantly lower limits on their Apple Cards, despite sharing finances and filing joint tax returns. Wozniak said he and his wife report the same income and have a joint bank account, which should mean that lenders view them as equals.One reason Goldman has become a poster child for the issue is that the Apple Card, unlike much of the industry, doesn’t let households share accounts. That could lead to family members getting significantly different credit limits. Goldman says it’s considering offering the option.The bank said in a tweet it would also re-evaluate credit decisions if the borrowing limit is lower than the customer expected.“We have not and never will make decisions based on factors like gender,” the company said. “In fact, we do not know your gender or marital status during the Apple Card application process.”With this month’s snafu, Goldman has found itself in the middle of one of the thorniest laws in finance: the Equal Credit Opportunity Act. The 1974 law prohibits lenders from considering sex or marital status and was later expanded to prohibit discrimination based on other factors including race, color, religion, national origin and whether a borrower receives public assistance.The issue gained national prominence in the 1970s when Jorie Lueloff Friedman, a prominent Chicago television anchor, began reporting on her own experience with losing access to some of her credit card accounts at local retailers after she married her husband, who was unemployed at the time. She ultimately testified before Congress, saying “in the eyes of a credit department, it seems, women cease to exist and become non-persons when they get married.”FTC WarningA 2016 study by credit reporting agency Experian found that women had higher credit scores, less debt, and a lower rate of late mortgage payments than men. Still, the Federal Trade Commission has warned that women may continue to face difficulties in getting credit.Freddy Kelly, chief executive officer of Credit Kudos, a London-based credit scoring startup, pointed to the gender pay gap, where women are typically paid less than men for performing the same job, as one reason lenders may be stingy with how much they let women borrow.Using complex algorithms that take into account hundreds of variables should lead to more just outcomes than relying on error-prone loan officers who may harbor biases against certain groups, proponents say.“It’s hard for humans to manually identify these characteristics that would make someone more creditworthy,” said Paul Gu, co-founder of Upstart Network Inc., a tech firm that uses artificial intelligence to help banks make loans.Upstart uses borrowers’ educational backgrounds to make lending decisions, which could run afoul of federal law. In 2017, the Consumer Financial Protection Bureau told the company it wouldn’t be penalized as part of an ongoing push to understand how lenders use non-traditional data for credit decisions.AI PushConsumer advocates reckon that outsourcing decision-making to computers could ultimately result in unfair lending practices, according to a June memorandum prepared by Democratic congressional aides working for the House Financial Services Committee. The memo cited studies that suggest algorithmic underwriting can result in discrimination, such as one that found black and Latino borrowers were charged more for home mortgages.Linda Lacewell, the superintendent of the New York Department of Financial Services, which launched an investigation into Goldman’s credit card practices, described algorithms in a Bloomberg Television interview as a “black box.” Wozniak and Hansson said they struggled to get someone on the phone to explain the decision.“Algorithms are not only nonpublic, they are actually treated as proprietary trade secrets by many companies,” Rohit Chopra, an FTC commissioner, said last month. “To make matters worse, machine learning means that algorithms can evolve in real time with no paper trail on the data, inputs, or equations used to develop a prediction.“Victims of discriminatory algorithms seldom if ever know they have been victimized,” Chopra said.(Updates with Goldman comments in ninth and 10th paragraphs.)To contact the reporters on this story: Shahien Nasiripour in New York at snasiripour1@bloomberg.net;Jenny Surane in New York at jsurane4@bloomberg.net;Sridhar Natarajan in New York at snatarajan15@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Steve Dickson, Daniel TaubFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Do Institutions Own Experian plc (LON:EXPN) Shares?
If you want to know who really controls Experian plc (LON:EXPN), then you'll have to look at the makeup of its share...
- Simply Wall St.
Is Experian plc (LON:EXPN) Worth UK£23.4 Based On Its Intrinsic Value?
How far off is Experian plc (LON:EXPN) from its intrinsic value? Using the most recent financial data, we'll take a...
- Simply Wall St.
Does Experian plc's (LON:EXPN) -15% Earnings Drop Reflect A Longer Term Trend?
For investors, increase in profitability and industry-beating performance can be essential considerations in an...
- Simply Wall St.
Can Experian plc's (LON:EXPN) ROE Continue To Surpass The Industry Average?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Simply Wall St.
We Think Experian (LON:EXPN) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
