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Affiliated Industry Association News

Tightening of Short-term Business Loans in China Worries Some Analysts

The rate of short-term, non-financial corporate bank loans to companies in China has fallen in recent months to less than 1% from a high of 4.8% growth in January 2016.  The tightening—a result of Chinese policymakers’ shift to reduce debt in sectors with excess capacity like iron and coal production—is helping improve China’s overall creditworthiness, notes a recent report in ... Read More »

Credit Management Index (CMI) Could Begin Summer with Firm Rebound

The numbers in NACM’s June Credit Managers’ Index (CMI), which will be released Friday at nacm.org, are likely to reflect a strong monthly rebound in business conditions. The index has been on a roller-coaster ride over prior months, mirroring the volatility in many kinds of economic data streams. “The fact is that there are contradictory waves coursing through the economy as ... Read More »

ICISA Trade Credit Members Insured over 2.3 trillion in 2016

Growth in global trade reflected in high exposure figures Increased demand for surety under soft market conditions Trade credit insurance Total premium income decreased by -3.4% to €6 billion in a competitive market Claims paid or 2016 stands at a total sum of €2.9 billion Claims ratio 2016: 48.3% (2015: 50.4%) Insured exposure increased by +2%. Total insured exposure over ... Read More »

Encompass Corporation Gains International Standard for Information Security Management

Encompass Corporation, one of the leading Powerlist RegTech companies, has gained ISO/IEC 27001 – 2013 certification. ISO/IEC 27001 – 2013 is the de facto international standard for information security management and formally recognises that a company has an information management security system that is under explicit management control. Encompass Corporation works with some of the world’s largest data providers and ... Read More »

China Sees Rise of Fintech E-payment Tech Firms

The rise of electronic payments providers in China is facilitating more online consumption and “omni-channel retailing” and may serve as a source of competition to traditional retailers and banking operations going forward. “The rise in the usage of e-payments is positive for internet companies and most service and consumer-related companies, although it could also be negative for some companies in ... Read More »

ACCIS Annual AGM & Conference 2017

WELCOME TO THE ACCIS AGM & CONFERENCE 2017  This year’s event will take place in the luxury collection Hotel Bristol, in the old town of Warsaw, Poland from 7th-9th June 2017. ACCIS is delighted that BIK, the host country bureau, will be our main sponsor for conference. BIK are enjoying their 20th anniversary in 2017 and we are pleased to be ... Read More »

US Risk Climate: Small Business Owners Remain Optimistic

A surge in small business optimism that started last November was continued in March, according to the National Federation of Independent Business’ (NFIB) Small Business Optimism Index. Though the index slipped slightly, it still posted a strong reading, with gains in actual earnings, capital expenditure plans and job-creation plans. Sales expectations, however, dropped eight points, signaling that the index could ... Read More »

Moody’s Database Reveals Insights into Corporate Debt Structure

Analysis of data from a database of debt instruments from Moody’s Investors Service may yield helpful insights ahead of the next economic downturn. The data reveals how default types change over time, how recoveries differ depending on the instrument’s position in a company’s debt structure and whether private-equity ownership influences recovery rates. Moody’s Ultimate Recovery Database traces close to 5,500 ... Read More »

Trade Credit Risk Climate: Number of Business Insolvencies Peak in 2016

Despite increased claims core markets remain soft due to an ongoing growth in volumes of insured business Members of the International Union of Credit and Investment Insurers (Berne Union) and the International Credit Insurance and Surety Association (ICISA) have signalled high levels of claims for 2016 in the latest joint industry member survey. Data trends suggest a peak, with claims ... Read More »

BIIA at the Inter-American Development Bank (IDB) Washington Conference

BIIA attended a recent meeting organized by the IDB – Inter-American Development Bank on “Credit Reporting in the Americas: The current state of the industry and its regulations”.   At the IDB conference Neil Munroe, president of ACCIS and BIIA’s deputy managing director, provided an overview of the EU’s regulatory approaches to innovation.  Neil Munroe covered the following topics: EU policy ... Read More »

Over 230 Asian Exhibition Industry Leaders Gathered in Singapore

  UFI, The Global Association of the Exhibition Industry, organized the 12th Open Seminar in Asia in Singapore. Nearly 240 delegates from 21 countries and territories gathered in Singapore last week to take stock of their industry, which continues to grow, despite plenty of economic and political uncertainties. Seismic changes such as Brexit, the emerging policies of the Trump administration ... Read More »

USA Risk Climate: Optimism among Small Business Owners Highest in over a Decade

Notwithstanding the concern expressed by the G20 and B20 Forums about the general lack of prosperity of SMEs, the news from the United States is encouraging as reported by the National Association of Credit Management (NACM). Expectations for better business conditions among small business owners are at their highest since 2004, according to the National Federation of Independent Businesses’ (NFIB) ... Read More »

Credit Managers’ Index Ended Year 2016 on an Upbeat Note

The reading for the combined CMI jumped up from 52.9 to 54.1, the third-highest reading seen this year. In April, it  hit 54.6 and in March it  was at 54.3. Last month’s 52.9 was the fourth-lowest reading in the last 12 months.  The news was similarly positive in both the favorable and unfavorable index readings. The favorable score last month ... Read More »