The Business Information Industry Association (BIIA) is a trade association for providers of a wide range of business information services which help other businesses manage growth and reduce risk.
BIIA members’ services spectrum includes information providers, platforms, workflow software, decision systems, identity and authentication services, compliance and risk assessment tools. The largest member segments are consumer credit bureaus, commercial credit information companies, business information and software providers supporting digital commerce.
BIIA was formed in 2005 in Hong Kong as a Regional Organization with the objectives to:
- Provide a neutral, open forum through which business and consumer information providers and users, regulators, and government and public information sectors can debate and resolve common issues.
- Promote the information content industry by demonstrating the value of information for businesses and national economies.
- Serve as a resource on industry standards, trends, technological developments, and policies.
- Advocate a legal regulatory environment beneficial to the industry.
- Provide a valuable platform for networking.
Within two years of its launch BIIA attracted significant interest for information companies outside Asia, thus becoming a global association. Membership today comprises of 70 information companies.
BIIA is registered in Hong Kong as a Limited Liability Corporation by Guaranty. BIIA is a Not-for-Profit Organization.
The DNA of our membership originates from data, either about individuals or businesses.
Our members have always stayed at the forefront of digital development having been the first to computerize paper based business and consumer databases.
Over time members developed platforms, workflow tools to transfer data and solutions in a seamless fashion rather than traditional business and consumer credit reports.
Embracing digitization is the theme of the BIIA 2017 Biennial Conference. Digitization is driven by technological advances in data mining, analytics, artificial intelligence, machine learning, mobile services, providing the elements for insights and decision making in real time. These developments provide both opportunities and challenges. Opportunities for economic growth benefiting the society as well as the information industry and its clients. The challenge will be to stay technologically one step ahead of Cybercriminals who are using the same tools.
Benefits of a BIIA Membership
- Outreach: Within 10 years BIIA has become the largest global network for business information.
- BIIA defines business information as a broad services spectrum including consumer and commercial information content, platforms, workflow software, decision systems, identity and authentication services, compliance and risk assessment tools.
- The largest member segments are credit bureaus, commercial credit information companies, business information and decision systems and software providers supporting digital commerce.
- Information Resources: Industry Insights, Technology Trends
- Networking: Conferences
- Industry Advocacy: Monitoring the Regulatory Environment
- Market Engagement: Participating in International and Regional Forums
Through our portal, BIIA.com, a wealth of information is provided for members, users, regulators and the general public on the latest developments in business information and its value for users and national economies as a whole.
The BIIA portal has become an important resource on standards, trends, technological developments and policies for our industry. The BIIA Library contains close to 9,000 individual news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment.
Over 4,000 information professionals read BIIA.com
BIIA has issued passwords to over 900 information professionals who are in the employ of our members. In addition the BIIA Business Information Network on LinkedIn is 3,000 members strong.
Global Readership BIIA Website
BIIA Home Page Content Statistics
- Key industry topics that the Association is actively engaged in at a European and International level include:
- Data privacy
- EU General Data Protection Regulation
- Regulatory developments in other continents
- Access to finance for MSMEs and SMEs
- Financial Inclusion
- Cross border credit information access
- Big Data
- Crowdfunding and Peer to Peer (P2P) lending
- Data privacy
- B20 Industry Advocacy Activities:
- Since the inception of the B20 initiatives BIIA leadership has taken an active role in B20 Forums for example: BIIA participated in the B20 SME Development Taskforce (SDTF), which was part of the B20 China presidency
- BIIA played a role in the B20 SME Cross-thematic Group and the B20 Digitization Taskforce, both were initiated by the B20 Germany presidency
BIIA Affiliation with International Institutions:
BIIA is a member of the International Committee on Credit Reporting (ICCR), which produced several recommendations concerning General Principles for Credit Reporting and Facilitating SME financing through improved credit reporting (English)
BIIA participates regularly in regional and local conferences organized by the IFC concerning credit and credit information infrastructure issues.
BIIA is a member of the IFC’s SME Finance Forum which has the objectives to expand access to finance for small and medium businesses.
BIIA is a member of the APEC Business Advisory Council (ABAC) and participates ABAC’s Financial Infrastructure Network (FIDN). BIIA provides its expertise on data standards.
The BIIA Regulatory Committee informs members of significant developments on the policy dossiers being worked on in Europe. BIIA participates in important forums and committee meetings advocating a legal regulatory environment beneficial to the industry.
The BIIA Regulatory Committee monitors regulatory initiatives across the globe and assists members in dealing with specific local issues by providing best demonstrated practices
BIIA Regulatory Committee
- The BIIA Regulatory Committee is engaged in monitoring the regulatory environment, discusses the implications on respective member services and determines potential actions.
- BIIA publishes monthly a Regulatory Newsletter in which the regulatory committee informs the membership of relevant regulatory matter and action taken on behalf of the membership
BIIA Governance : The Leadership Team