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Affiliated Industry Association News

UFI Appoints Segey Alexeev President

UFI, the Global Association of the Exhibition Industry, announced that Sergey Alexeev, Vice-President of Russia-based ExpoForum-International Ltd., has been elected as its Incoming President effective at the conclusion of the 81st UFI Annual Congress for the 2014/2015 term of office. The upcoming congress will be held in Bogota, Columbia from 29th October to 1st November 2014. According to UFI, Alexeev ... Read More »

Experian Sued in Mississippi for Credit Reporting Errors

The state of Mississippi sued credit reporting agency Experian accusing the firm of knowingly including erroneous data in millions of consumer credit profiles. Mississippi Attorney General Jim Hood originally filed the complaint against Experian Information Services in a state court last month, but the case was only moved to the US District Court for the Southern District of Mississippi in ... Read More »

Credit Insurance: Trade Environment Improved, but Certain Risks Threat to Recovery

The members of the International Credit Insurance & Surety Association (ICISA) met in Hamburg for their 72nd Annual General Meeting to share and discuss market and industry developments. The economic environment continuous to improve, but it is acknowledged that there are still risks threatening the recovery, such as lack of adequate SME financing, continued high sovereign debt levels and political ... Read More »

FCIB Munich Conference:  Transparency Increasing but Risk Remains

FCIB hosted its annual International Credit & Risk Management Summit on May 11-13, offering global credit professionals a rich opportunity to hone their international risk management skills and build their professional networks.  From shifts in global economies to especially pertinent regulatory compliance issues to detailed contract negotiation practices, the event provided attendees with a master class in how to manage credit in ... Read More »

US Risk Climate: Small-Business Credit Conditions Deteriorated in 1Q 2014

The Experian/Moody’s Analytics Small Business Credit Index report for 2014’s first quarter did not sugarcoat existing conditions, noting in its opening sentence that the year started on a decidedly “sour note.” Still, some analysts believe there is reason to be bullish for a strong second-quarter comeback. The Index, which measures credit quality for firms with fewer than 100 employees, declined ... Read More »

Trade Credit Insurers Report New Business Growth in 2013 – Industry still Concerned about Fragile Recovery

Trade credit insurance members state that the market is characterized by strong competition and new business growth in 2013.   This however is negatively influenced by the ongoing economic and political conditions in part of the world. The claims picture in 2013 differs per country with average claims size decreasing in Western Europe, Spain and Portugal.  Claims frequency increased in the ... Read More »

Postal Delivery: Shape of Things to Come – Parcel Delivery by Drone

PostalVision 2020/4.0 continues its thought leadership on April 10 – 11 at the Westin Hotel in Washington DC City Center. The two day conference will focus on Delivery Solutions and Digital Directions that will shape an industry for years to come. On the agenda a rather futuristic view of postal delivery by Drone.  “Pathways to a New Postal Paradigm” will include ... Read More »

PERC: BIG Data for Smallholders

PERC has partnered with Experian MicroAnalytics (EMA) to develop an innovative solution to expand access to finance in emerging markets, especially for the rural poor. Financial Identity Risk Management (FIRM) is a solution that will enhance the data needed to assess a borrower’s credit risk and estimate their borrowing capacity. FIRM was featured in a recent ICT Update, focusing on ... Read More »

Credit Managers Index: Big Reversal for February

It is that time again – the latest edition of the Credit Managers Index has been released by NACM.   It appears that this will be another of “those” years – at least it is starting out that way. In December of last year the overall index fell to a low point of 55.6. That was not good news as ... Read More »

FCIB Annual International Credit & Risk Management Summit

May 11 – 13, 2014 The Marriott Hotel – Munich An excellent opportunity to discuss hot topics specifically affecting the day-to-day workload of the credit manager and finance director, the FCIB European conferences deliver top-quality speakers in a relaxed atmosphere at some of the best venues around Europe. If you’re looking to increase your company’s visibility and turn sales leads ... Read More »

Risk Climate: Credit Insurance Industry Expresses Positive Outlook for 2014

The members of the International Credit Insurance & Surety Association (ICISA) reported member new business growth in 2013 was negatively influenced by the ongoing economic and political conditions in parts of the world.  ICISA members however expect an overall positive growth outlook for 2014. The claims picture in 2013 differs per country with average claims size decreasing in Western Europe, ... Read More »

US Risk Climate: State of Virginia Credit Reporting Regulations Still in Limbo

Legislators neither killed nor endorsed House Bill 370. Lawmakers in Virginia continued to approach efforts to regulate commercial credit reporting agencies with ambivalence this week, as a House of Delegates subcommittee voted to continue House Bill 370 to 2015. Essentially, lawmakers in the second subcommittee of the House Committee on Commerce and Labor, where HB 370 had previously been referred, ... Read More »