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Search Results for: sharing of trade credit information
Commercial Credit Information: Disclosure of Sources of Negative Information Looms
A bill in the Virginia House of Delegates would require commercial credit reporting agencies to identify their sources of “negative information” when they provided a copy of a report to the subject. This means that Virginia buyers would know which … Continue reading
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 … Continue reading
Commercial Credit Information: Imperatives for Sharing of Payment Data
A recent survey of the US based National Association of Credit Management (NACM) revealed that 46% of respondents did not share trade payment data with commercial credit information companies (Credit Professionals Split on Sharing A/R Data). BIIA’s Board Member and … Continue reading
Credit Professionals Split on Sharing A/R Data
According to the NACM (National Association of Credit Management) monthly survey for June, 51% answered “yes” when asked, “Do you share your full accounts receivable information or tradelines with any credit reporting company?” A still sizable 46% answered “no,” and … Continue reading
Brazil Takes a Positive Step Forward in Data Sharing
Although the use of positive bureau data for credit decisions is quite new in Latin America, it’s gaining increased visibility. In Brazil, a bill creating a positive bureau was signed by president Dilma Rousseff just months ago, after an eight-year … Continue reading
Meet our Associate Member Cortera
Cortera, headquartered in Boca Raton, Florida, USA, is a provider of credit information on businesses and corporations. Cortera collects and analyzes business to business financial intelligence through payment histories, trend comparisons, public records, news, and information available on the web … Continue reading
Observations from the BIIA Forum 2011: Eliminating Information Asymmetries with Information Sharing
To provide further input to the open forum discussion the audience had the benefit to listen to William Lim, Executive Director of the Singapore Credit Bureau presenting two excellent role models, the SME credit bureaus of Malaysia and Singapore: In … Continue reading