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Affiliated Industry Association News

European Debt Crisis Likely to Push Bankruptcies to Higher Levels

The ongoing debt crisis in Europe continues to spread to the point where even the powerful German manufacturing sector is starting to take a hit. FCIB Global Conference Speaker Ludovic Subran, of Euler Hermes, noted this is likely to push bankruptcies much higher in a number of economies there. Subran noted that projections show low growth, if any, in most ... Read More »

Credit Management Recommendation of the Month: Tell Your Suppliers to Share Data

If Your Company Needs a Better Credit Score?  Tell Your Suppliers to Share Data Companies of all sizes looking for a better business credit score and cheaper financing should ask their suppliers to report their accounts receivable data to credit reporting companies, according to the National Association of Credit Management (NACM). Tightened access to credit in the wake of the ... Read More »

FCIB Announces Its 2013 International Credit and Risk Management Summit

PRAGUE, CZECH REPUBLIC – 12-14 May 2013  The Corinthia Hotel This annual European conference delivers top-quality speakers in a relaxed atmosphere at some of the best venues around Europe, providing an excellent opportunity to discuss hot topics affecting the day-to-day workload of the credit manager and finance director. Keynote Speech from Euler Hermes Economist, Ludovic Subran Trading Conditions in the ... Read More »

Internet: European Parliament Vice President Alexander Alvaro calls for Ethics Committee for Internet Companies

In an interview published in Focus, the German news weekly, European Parliament VP Alexander Alvaro apparently demands the establishment of an ethics committee on internet companies, such as Google and Facebook.   Alvaro stated that he had been shocked about a recent suicide of a Canadian teenager and that the draft of the General Data Protection Regulation is not going far ... Read More »

FCIB’s 23rd Annual Event Global Conference

Outsourcing a Likely Hot Topic at November FCIB Event in Philadelphia November 12, 2012 In down, or even underwhelming but growing economic times, the topic of outsourcing is bound to come up and draw emotional responses from both sides of the argument. The credit industry is not immune. As such, the topic is likely to inspire a hot debate at ... Read More »

From the 8th WCCRC 2012 Conference in Taipei: Benefits Flow to UK Water Company from Sharing Payment Data

Jonathon Harding presented the success achieved by Yorkshire Water company in the UK of sharing payment data with the credit industry.  Amongst the benefits were an increase in the quality of their customer data, enabling them to improve the number of records on their file with full name & address from 25% to 75%.  This improvement allowed them to improve ... Read More »

Information industry Association Consolidation: SIPA to Merge with SIIA

The Software & Information Industry Association (SIIA) and the Specialized Information Publishers Association (SIPA) announced that they are merging. SIPA was founded as the Newsletter Publishers Association but its members now publish in many media and formats. SIPA will become a division of SIIA and will continue to offer its membership programs, without change. SIIA will continue to offer all ... Read More »

Information industry Association Consolidation: SIPA to Merge with SIIA

The Software & Information Industry Association (SIIA) and the Specialized Information Publishers Association (SIPA) announced that they are merging. SIPA was founded as the Newsletter Publishers Association but its members now publish in many media and formats. SIPA will become a division of SIIA and will continue to offer its membership programs, without change. SIIA will continue to offer all ... Read More »

BIIA and EASDP Partnered in the Biggest Event Dedicated to the Business of Database, Search and Directory Publishing

Toledo, Spain, Thursday September 20, 2012:  At the EASDP Congress a BIIA panel of experts discussed the important aspects of how to redefine Business Information, how to get new value out of ‘Old Databases’, and how to extract value from semi / unstructured data.  The discussion centered on the new phenomena of BIG DATA, which is being heralded as the ... Read More »

PERC Testifies Before U.S. House of Representatives on Use of Utilities Credit Data

Michael TurnerPERC president and CEO Dr. Michael Turner testified before the U.S. House of Representatives Subcommittee on the Financial Institutions and Consumer Credit. The hearing, “Examining the Uses of Consumer Credit Data,” was held to discuss issues related to credit reporting agencies and credit scores. It was also held in part to discuss new legislation on which Representatives Jim Renacci (R-OH) and Keith ... Read More »

PERC releases new report, “The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utility Payments”

In response to questions regarding the June 2012 release of the report, “A New Pathway to Financial Inclusion,” the Policy and Economic Research Council (PERC) released a follow-up report focusing on the impacts of reporting moderately late payments to (CRAs), also known as credit bureaus. “The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utility Payments,” addresses the accusation ... Read More »

PERC Releases Study on Comprehensive Credit Reporting in Australia

PERC released a new study detailing the impacts of more comprehensive credit reporting in Australia and New Zealand. The report, Credit Impacts of More Comprehensive Credit Reporting in Australia and New Zealand, summarizes the results from a joint undertaking by PERC and Dun & Bradstreet Australasia using credit data from 1.8 million Australians. “The results of the analysis provide strong ... Read More »

Use of Alternative Data for Financial Inclusion Spreading Globally: Mobile Phone and Social Network Data Show Promise

PERC lauds the initiative taken by the Consultative Group to Assist the Poor (CGAP) of the World Bank Group to drive financial inclusion using mobile phone call log data or the call detail record (CDR) as part of a person’s digital footprint. PERC approached CGAP and other organizations on this concept nearly five years ago, proposing research and seeking a ... Read More »