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Credit Information

PBOC Tells Financial Institutions to Share Customer Data

The People’s Bank of China is planning to force public credit reference agencies to share their information if they wish to obtain a license. Wang Xiaolei, deputy chief of the People’s Bank of China’s credit reference department, said that there is data on about 800 million people in the bank’s database, but it only has credit history records for 300 ... Read More »

BIIA Welcomes Cedar Rose as a Full Member

Since 1997, Cedar Rose has specialized in providing business intelligence & credit information covering the Middle East region, employing multi-lingual and highly qualified researchers and analysts. Today we expand our coverage to include most of Africa and Asia. Holding a database of over 1,000,000 MENA companies, and now covering 120 countries worldwide Cedar Rose supplies various reports to Export Credit ... Read More »

Experian® and Univision Communications Launch Spanish-language Solution to Meet the Credit-related Needs of America’s Growing Hispanic Population

Credito y Mas is a resource that will help U.S. Hispanics better manage their credit and financial future Experian Consumer Services-Affinity, the unit of Experian that provides credit monitoring and identity protection products as co-branding opportunities to businesses, and Univision Communications Inc., the leading media company serving Hispanic America, announced the launch of a Spanish-language, credit-focused product and online financial ... Read More »

CRIF Kicks Off the National Credit Bureau Project in the Philippines

CRIF has announced the kick off of the national credit bureau project for the Credit Information Corporation (CIC). The International Finance Corporation (IFC, the World Bank Group member institution specializing in private sector development), the Central Bank of the Philippines (BSP) and a number of major local banks took part in the kick off event organized to analyze the specific ... Read More »

Experian Q1 Revenues (fiscal 2015) Up 4% (3% Organically)

In the three months to 30 June 2014, total revenue from continuing activities increased by 4%, at constant exchange rates growth was 3% and organic revenue was unchanged. The difference relates mainly to the acquisitions of The 41st Parameter (41st Parameter) and Passport Health Communications (Passport) and to the translation effect of the movement in British pound sterling relative to ... Read More »

Dun & Bradstreet (D&B) Assigned Patent on Data Matching

Nine employees of D&B are named as co-inventors –  Congratulations BIIA member Dun & Bradstreet has been assigned a patent (8,768,914) developed by nine co-inventors for a “system and method for searching and matching databases. The co-inventors are Anthony J. Scriffignano, Bethlehem, Pennsylvania, David Allaway, Parsippany, New Jersey, Eric Gustafson, Palm Beach, Florida,Amy Hayenhjelm, Murray Hill, New Jersey, Edward Ohlson, Bethlehem, Pennsylvania, Courtney Shipman, Murray Hill, New Jersey, Larry Skahill, Parsippany, New ... Read More »

Cortera Partners with Mountain States Commercial Credit Management

Cortera Inc., a provider of business-to-business analytics and cloud-based risk management solutions, has welcomed Mountain States Commercial Credit Management (“Mountain States”), a leading commercial collection agency, as the latest partner to join the Cortera Open Receivables™ network. The new Cortera Open Receivables network enables providers of receivables management solutions to easily integrate with Cortera Pulse® and streamline the user experience of mutual customers. Source: ... Read More »

Creditreform ‘Firmenwissen’ Updates Company Profiles Daily

Creditreform ‘Firmenwissen’ is updating three million company profiles of companies located in Germany, Austria and Luxembourg on a daily basis. In addition company profiles will now include the names of persons holding a power of attorney within a company (Prokurist).   Search capabilities now include names of persons who hold a power of attorney within a company and search by legal ... Read More »

SME Access to Finance: UK Small Businesses Lack Access to Credit, Skills and Broadband

Britain’s nearly 5m small businesses remain worried about a lack of access to credit, a shortage of skilled workers and poor broadband services, according to a recent article in the Financial Times. UK’s private sector businesses are small and medium-sized enterprises, employing an estimated 14.4m, nearly 60 per cent of the private sector workforce. Their annual turnover is estimated at £1.6tn. Late payments by larger corporations ... Read More »

BIIA Welcomes 360kompany GmbH as a Full Member

kompany provides easy and instant access to international business background information for small and medium-sized enterprises (SMEs) and business professionals around the globe. For its website www.kompany.com it has established solid partnerships with over 20 providers and government agencies and offers a wide array of products covering more than 21 million companies in 25 countries with instant access to more ... Read More »

Republic of Georgia 2014 In Perspective

Georgia has successfully recovered from the global financial crisis of 2008-2009 and has returned to consistent growth. The post-crisis yearly GDP growth rate over the last 4 years has been 5.5%. Likewise, the future looks bright as the International Monetary Fund forecasts the economy to grow by 5% yearly over the next 5 years. The growth has been possible due ... Read More »

Cortera Partners with Andersen, Randall & Richards’ Debt Recovery Services

Cortera has welcomed Andersen, Randall & Richards, a leading commercial collection agency, as the newest partner to join the Cortera Open Receivables™ network. The new Cortera Open Receivables network enables providers of receivables management solutions to easily integrate with Cortera Pulse® and streamline the user experience of mutual customers. Source:  Cortera Press Release Read More »

Business Information Agency (BIA) Georgia Ramps Up its Services

“Business Information Agency” (BIA) that is the largest provider of business information in Georgia via its online “Business Catalogue” (www.bcat.ge) – has been a member of BIIA since 2013.  BIA reports that various rapid changes have taken place in the company for the last year. BIA has become aware that a vast number of Georgian businesses lack adequate personnel to effectively ... Read More »

Cortera Partners with Equipment Street to Provide Credit Risk Assessment Tools

Equipment Street, through a new partnership with Cortera Inc., will now provide its equipment marketplace with business credit risk management solutions.  After completing an extensive assessment of the current credit analytics providers, Cortera was selected due to their highly comprehensive and user friendly offerings.  Equipment Street chose Cortera as their preferred provider of credit information on businesses and corporations, to ... Read More »

BOL Thailand Makes Strategic Investment in Ecart Studio Co. Ltd.

Business Online Thailand has acquired a 15% equity interest in Ecart Studio, a developer of Web-based applications and enterprise location based software applications.  Price of the transaction was 52,941,176 Baht (US$ 1.64 million). Ecart Studio’s deep expertise in online mapping systems is to further BOL’s business potential in the future.  Both companies will partner in government projects. Source:  BOL Filing Read More »

DEL-RISCO REPORTS – Peru

DEL-RISCO REPORTS was created in order to provide Business Information services for credit evaluations in a professional way, helping prestigious companies worldwide. Julio del Risco, General Manager of DEL-RISCO REPORTS, has an experience of over 45 years in the Peruvian market providing national and international clients with business information consulting services, becoming one of the main leaders in this industry. ... Read More »

Australian SMEs Warned: Re-think What You Own and Register on the PPSR

Tips for SMEs from Australia’s leading insolvency, business, trade finance and credit experts Insolvency firms, business advisors, trade finance providers and trusted source of data intelligence, Veda, are warning small to medium enterprises (SMEs) about the consequences of not understanding the Personal Property Securities Register (PPSR).  Not having property interests registered with the PPSR can be devastating if a customer ... Read More »