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The World of BIIA

BOL Revenue Up by 13%

Bangkok-listed business information provider, Business Online (BOL) reported 2014 revenues of US$14 million, up 13% year-on-year.  Income in the year decreased by 12%, down to US$2.4 million.  Diluted earnings per share in 2014 were Baht 0.10 (US$0.0030). More than half of BOL’s revenues were generated through its flagship online information service, amounting to US$7.0 million.  This represents a 10% decrease from ... Read More »

Outsell’s BrainGain Event – Singapore May 2015

Entering a new market takes planning, strategy, and adaptability — and there is no “one right answer” in our fast-moving global media and information industry. The pressure is enough to keep even the most seasoned leader up at night. That’s why Outsell and BIIA, the leading business information industry association in Asia, are partnering to bring you this important event. Join ... Read More »

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 »

Central Bank of Ireland Has Selected CRIF as Partner to Operate the Central Credit Register

The Central Bank of Ireland has selected CRIF SpA as its partner to establish and operate the Central Credit Register (CCR).  Contracts have been signed with CRIF Ireland Limited, a wholly owned subsidiary of CRIF SpA. ​The Central Credit Register (CCR) is a database of personal and credit information to be created by means of a national mandatory credit reporting ... Read More »

Veda launches VedaScore VedaScore Apply®

New Service helps credit providers minimise risk, maximise approval rates and ease transition to comprehensive reporting Veda, a leading provider of credit information and analysis in Australia and New Zealand announced the launch of VedaScore Apply®, a new service designed to help lenders better assess the risk profile of individuals applying for a loan. VedaScore Apply® leverages the new comprehensive ... Read More »

Velocity Credit Characteristics Expected to Significantly Improve Credit Models

In an independent study released by Capital Services, Sioux Falls SD performed in conjunction with South Dakota State University researchers concluded that enhanced time series information recently introduced by the leading U.S. credit bureaus will significantly improve credit scoring and decision support platforms across all aspects of the consumer credit lifecycle http://www.sdstate.edu/mathstat/upload/A-Credit-Evolution_ASMBI.pdf .  As a leading payment portfolio management and ... 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 »

FICO and TransUnion Renew Agreement to Provide FICO® Scores to U.S. Financial Institutions and Businesses

Long-term agreement gives lenders flexibility in making the best risk management decisions for their businesses FICO and TransUnion today announced a renewed multi-year agreement to provide FICO® Scores to the U.S. banking community. TransUnion will continue reselling FICO Scores and provide FICO access to its consumer data for the purposes of developing and marketing new analytics that will meet the changing requirements of businesses. As part ... Read More »

Named Account Marketing: New Tools to Reach a Limited Universe

Some B2B marketers know exactly what accounts are in their target market. What a luxury! These marketers can eliminate the old “spray and pray,” and focus all their attention and investment in a finite universe of prospects and current customers. It’s almost like mass customized selling, with maximum coverage and minimal waste. Best of all, a number of new tools ... Read More »

FCA due diligence review now vetting the finance sector

The Financial Conduct Authority’s (FCA) current thematic review into due diligence practices is this month scrutinising how advisers assess products and services and what barriers they may be facing in the process. The FCA – an independent UK body that regulates the conduct of over 50,000 businesses – is currently looking into advisory firms who engage, from a series of ... Read More »

TransUnion Considers IPO

TransUnion Corp. has revived plans for an IPO that could raise up to US$1bn this year, according to Reuters. Advent International and GS Capital Partners, which bought the company three years ago, are preparing to mandate banks on a fresh attempt to go public, multiple market sources confirmed.  The company is expected to confirm shortly which banks it has chosen ... Read More »