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The World of BIIA

Credit Information China: CCRC’s online P2P Credit Platform

The People’s Bank of China’s Credit Reference Center (CCRC), through its subsidiary Shanghai Credit Information Services Co., Ltd (CIS), has recently launched an online financial credit system – NFCS.  According to CIS, NFCS now has 370 loan companies and 524,000 registered customers as of the end of December 2014.  An insider of CIS’ credit business branch claims the number of ... Read More »

BISNODE Acquires Business Partners Verification System OCTOPUS

Bisnode has bought the business partners verification OCTOPUS system from the DC GROUP, spol. s.r.o. company.   Through this transaction, Bisnode has added 600 new clients. The objective of the acquisition of the OCTOPUS system is to strengthen the Bisnode position in the Czech market, particularly in the segment of small and medium sized companies.  Apart from the competitive product ... Read More »

Schufa Offers Data management Service Packets for Individuals

BIIA member Schufa offers data management service packets for individuals ranging from providing identity protection to access to information on businesses.  Individuals are able to seek advice on matters relating to financial inclusion, identity protection, how to deal with companies providing services such as home remodeling, repairs and hire purchase financing.  The service is provided in German, English and Turkish. ... Read More »

Data Protection:  US Data Broker Accountability & Transparency Act

Four Senate Democrats have re-introduced a bill that would enable consumers to wield control over how information about them is used by data brokers.  The Data Broker Accountability and Transparency Act (S. 668) empowers consumers to stop the use and sale of their personal information by data brokers.  The measure also allows consumers to correct information held by data brokers, ... Read More »

Elixir Reports Steady Growth

Steady growth for Elixir, the Czech Republic register of financial advisors ​The register, operated by CRIF – Czech Credit Bureau, was created in 2012 to bring its members information about the quality of financial advisor services. The easy-to-use Elixir register includes information on the qualitative indicators, professional history and outstanding commitments of financial service providers operating in the banking, insurance ... Read More »

Dun & Bradstreet Ushers in a New Era

Brand Modernization Underscores Impact of Data on Growing Business Relationships Dun & Bradstreet (NYSE: DNB) unveiled a new brand purpose, values, tagline and logo as part of a major brand modernization effort.  The company’s new creative expression and tenets are rooted in a data inspired, relationship-driven approach, bolstered by the new tagline: “Growing relationships through data.”  The work was created in collaboration ... Read More »

US Credit Bureaus Launch National Consumer Assistance Plan

Equifax, Experian and TransUnion Launch National Consumer Assistance Plan to Enhance Credit Report Accuracy, Consumer Experience Equifax, Experian and TransUnion announced a National Consumer Assistance Plan that will enhance their ability to collect complete and accurate consumer information and will provide consumers more transparency and a better experience interacting with credit bureaus about their credit reports. The plan was announced ... Read More »

Veda Supports Fintech Hub in Sydney

Veda announced its support as a foundation corporate partner of Sydney’s fintech hub. To be known as Stone and Chalk, the hub is a cross-industry initiative, with the support of the NSW Government, to help foster and accelerate the development of world-leading Australian fintech start-ups. Premier Mike Baird officially launched the hub in Sydney recently, welcoming the commitment from government and ... Read More »

BISNODE: CEO LARS PETTERSSON RESIGNS

Pettersson has decided to resign as President and CEO of Bisnode. CFO Anders Berg will take over as acting CEO. Chairman of the board Jon Risfelt will strengthen the company by becoming executive chairman for a period. A recruitment process is underway. Bisnode has undergone an extensive and comprehensive journey of change in recent years with regard to strategy, geographic ... Read More »

Outsell’s BrainGain Event – Singapore May 2015

  Your Path to Expansion in Asia Begins Here   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 ... Read More »

Financial Inclusion: TransUnion’s CreditVision Risk Score Raises Eligibility for better Terms

A recent TransUnion study found that more than 23 million U.S. consumers would be classified as Super Prime, the highest-rated consumer credit risk group, when evaluated by TransUnion’s CreditVision® risk score. Compared to the use of a traditional risk score, the use of CreditVision would increase the percentage of consumers in the Super Prime risk category from 12% to 21%. ... Read More »

6 Thorny Data Problems that Vex B2B Marketers, and How to Solve Them

Business-to-business marketers are plagued by data problems. Business data is complex and fast-changing.  Customers interact with us through a variety of channels, and often provide us with conflicting information. Our legacy databases are not as robust as we need.  New tools and technologies emerge and must be evaluated.  It’s a never-ending battle. To shed some light on B2B data problems, Bernice ... Read More »