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Credit Information

EU Commission Green Paper on Building a Capital Markets Union – Implications for Credit Information

The European Commission published on February 18th a Green Paper on Building a Capital Markets Union. The Green Paper launches a consultation on the measures to be taken by the EU measures in order to create a single market for capital financing, with the focus on diversifying sources of funding, especially for SMEs, and removing obstacles for cross-border financing. This initiative, ... Read More »

CRIF launches iCRIF Business Information Platform in Austria

​iCRIF, CRIF’s business information service, has been launched in Austria.  iCRIF offers flexible business information and financial reports. Providing different types of report, iCRIF supports clients in turning data into insight, helping them make informed decisions and develop business strategies. The online platform has been specifically developed to meet the needs of SMEs and individuals who would like to search ... Read More »

Credinform (Russia) Expands Data Coverage

BIIA Member Credinform (Russia) has expanded coverage of company records in its Information and Analytical System GLOBAS-i®: In addition to company records in its Russian database (data on 9 million companies + 7 million individual entrepreneurs), Kazakhstan and Ukraine, it has added company records from Belarus.  The data is now available online. Over 150 000 Belarus company records were added to ... Read More »

Dun & Bradstreet Q4 Revenue Up 4% – Full Year 2014 Up 2%

D&B reported 2014 full year revenue of US$1,681.7 million up 2% from prior year.  Fourth quarter revenue was US$ 489.8 up 4% before and 3% after the effects of foreign exchange.  North American core and total revenue was $379.9 million, up 4% year over year both before and after the effect of foreign exchange. Asia Pacific core and total revenue ... Read More »

People’s Bank of China Credit Information Center and South Korean NICE Information Services in Co-operation

The People’s Bank of China Credit Information Center announced that it has entered into a cooperation with the Korean National Information and Credit Evaluation Corporation (NICE) headquartered in Yeouido, Seoul. Both companies agreed to cooperate in the development of South Korea’s financial infrastructure and related information exchanges and joint research credit assessment methods. NICE is South Korea’s largest credit bureau, ... Read More »

Experian UK Launched new SME Service

New Service Launched to Help UK SMEs Manage their Credit Scores and Improve Access to Finance Experian, the global information services company, announced the launch of a comprehensive new service to help the UK’s 2.2 million SMEs gain better access to credit and improve their chances of securing finance and funding. From the Funding for Lending scheme to crowd-funding, there ... Read More »

CRIF Decision Solutions Merges into CRIF to Provide an Integrated and Holistic Approach to Credit Management

As of January 1, 2015, CRIF Decision Solutions is incorporated as a business line into the parent company CRIF S.p.A. The merger will provide an ever more robust offering of know-how, predictive analytics and technology to enable banks, financial institutions, telco, media, energy and utility firms to achieve sound & optimized decision-making and compliant processes in every phase of the ... Read More »

TransUnion Announces Its New Brand Platform — Information for Good

Enhancements Expand Company to Global Information Solutions Provider TransUnion unveiled a new brand identity platform and logo, reflecting the company’s focus and capabilities as an information solution provider for consumers and businesses. The new branding marks the culmination of expansion in which the company moved beyond its traditional consumer credit data reporting role and has begun using data and analytics ... Read More »

Dun & Bradstreet Named First SBFE Certified Vendor

Dun & Bradstreet (NYSE:DNB) became the first certified vendor of the Small Business Financial Exchange, Inc.’s wholly owned subsidiary SBFE, LLC (SBFE®).  As an SBFE Certified Vendor™, Dun &Bradstreetgains access to the SBFE Data ™ on more than 24 million small businesses.  Combined with Dun & Bradstreet’s global commercial data and analytics, the enhanced information will allow Dun & Bradstreet’s financial services customers who ... Read More »

Dun & Bradstreet Credibility Corp. Announced new Business Verification Tool

Dun & Bradstreet Credibility Corp. has developed a new business verification tool for active and veteran military service members. Veteran VERIFIED uses an authentication process that works to help small business owners who are members of the armed forces elevate their military profile and win government contracts or funding for veteran-owned establishments. A veteran who passes the verification will be able to post a veteran ... Read More »

The People’s Bank of China (PBOC) Opens Commercial Market for Consumer Credit Reporting

Powerhouses such as Tencent Holdings, Alibaba Group Holding and Ping An Group to enter consumer credit reporting as well as several others.  While the big three may qualify for individual licenses it is being said that they may cooperate in creating on single credit bureau. Following the introduction credit reporting regulations in 2013 speculations run high as to when and ... Read More »

BIIA Welcomes CIBI Information Inc., Philippines

ABOUT CIBI Information Inc.: CIBI Information Inc. is the premiere provider of business and personal information for the Republic of the Philippines. CIBI Information Inc., prior to its incorporation, was the business information division of then Credit Information Bureau Inc. which has been in operation since 1982 and was jointly created by the Central Bank of the Philippines, the Philippine ... Read More »

BIIA Welcomes CTOS Data Systems Sdn Bhd Malaysia

CTOS Data Systems (CTOS) is Malaysia’s largest private credit reporting agency and is a registered Credit Reporting Agency under the Malaysian’s Credit Reporting Agencies Act 2010. CTOS was established in 1990 and is the pioneer agency in the industry. According to World Bank’s IFC Doing Business Report, Malaysia has been consistently ranked highly in terms of access to credit. As ... Read More »