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Affiliated Industry Association News

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 »

Country Risk Climate: A Look at China’s Yuan

Default risks among companies in the People’s Republic of China are rising as the regime struggles to keep the yuan’s exchange market slide gradual. The authorities have taken a number of steps to slow the unit’s depreciation. They have issued new rules clamping down on overseas investments by Chinese companies. They have instructed banks to limit sharply how much companies, ... Read More »

APEC FIDN Conference on Strengthening Credit Infrastructure – A Roadmap to MSME Innovation

The APEC Financial Infrastructure Development Network (FIDN) invites BIIA and its members to attend a conference on the topic of Strengthening Credit Infrastructure – A Roadmap to MSME Innovation.  This free but by invitation only event.  BIIA members who would like to attend need to contact the BIIA secretariat before November 18th, 2016: For further information contact Peter Sheerin,  BIIA Regional ... Read More »

Direct Marketing Association Rebrands to Data & Marketing Association

The Direct Marketing Association (DMA) announced that it will rebrand to the Data & Marketing Association.  The rebrand is part of the organization’s centennial celebration for 2017. It will include a revised mission to lead innovation and business values that includes regulating and monitoring data use. The organization recently released a bevy of standards ranging from email to data, with ... Read More »

Chamber of Digital Commerce to Host World’s First Smart Contracts Symposium

The Smart Contracts Alliance, an industry initiative founded by the Chamber of Digital Commerce to promote the real-world application of smart contracts, is hosting the Smart Contracts Symposium, the world’s first event dedicated to smart contracts, on December 5, 2016 in New York. Nick Szabo, Founder & CEO of Global Financial Access, a renowned cryptographer who coined the term “smart ... Read More »

Global Risk Climate: Battery Technology Possible Disruptor to Credit

Advancements in battery technology could have significant implications for global credit markets, according to Fitch Ratings. Disruption may occur across sectors that account for close to a quarter of all outstanding corporate bonds.  A leap in battery technology could increase the viability of electric vehicles (EVs) over internal combustion engines, resulting in a negative effect on credit in the oil ... Read More »

FICO Launches Global Initiative to Increase Access to Credit for 3+ Billion People

Efforts will unleash the economic power of the “credit invisibles” Highlights: FICO is announcing a comprehensive effort to increase access to affordable credit worldwide. The initiative aims to help lenders make credit more accessible and affordable for unbanked and underbanked adults worldwide, who are estimated to number more than 3 billion. Building on the introduction of FICO Score XD in ... Read More »

Graeme Samuel to Head new Data Governance Association in Australia

Former ACCC boss Graeme Samuel will head the new Data Governance Association, announced in Melbourne last week and flagged in the previous week in Which-50.com. The 12 founding board members are drawn from major financial institutions, leading retailers, law firms, real estate corporations, airlines, and specialist data suppliers including technology, software and consulting service providers. The list includes companies like ... Read More »

FENCA: Erwin Falkner new President of European Debt Collection Association

Erwin Falkner is new President of FENCA, the Federation of European National Collection Associations. The 45-year-old German entrepreneur succeeds Andreas Aumüller, who had been President of the pan-European debt collection umbrella-association over the past three years. New Vice President is Leigh Berkley, United Kingdom. He is President of the Credit Services Association, the UK’s national collection association, and Director of ... Read More »

10th World Consumer Credit Reporting Conference a Great Success

One can hardly believe the WCCRC is 20 years ‘young’ and it has successfully concluded its 10th conference.  Approximately 200 information professionals attended the recent 10th WCCRC event in Toronto.  As in the past attendees came from every continent.  Key topics for this year’s conference were as follows:  Not surprising FinTech, Cyber Security, Credit Scoring, Financial Inclusion and Cross Border ... Read More »

CoreLogic Names Stuart Pratt Senior Vice President of Government and Industry Relations

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced the appointment of Stuart Pratt as senior vice president of Government and Industry Relations. In his role, Pratt will oversee engagement with the Administration, Congress, state legislatures and other policymakers as well as relationships with think tanks, consumer advocacy groups, and trade associations. Pratt will work closely ... Read More »

USA Risk Climate: Credit Managers’ Index for August Looking Grim

Credit and financial professionals should not expect any sort of robust recovery in NACM’s Credit Managers’ Index (CMI) for August, which will be released Wednesday morning. Although likely to stay within the range of expansion (anything above 50) for months to come, the combined index appears hard-pressed to reverse its recent sluggishness.  Professionals will want to pay close attention to ... Read More »

Maintaining Trade Credit Stability in an Age of Disruption

The credit (re)insurance market helps to provide a measure of corporate stability in an increasingly volatile and connected global trading environment. It is fair to say that trade credit finance oils the wheels of the global economy as it navigates to an increasingly uncertain destination. In this white paper we outline the challenges and risks facing global corporates in today’s ... Read More »

Exhibition Industry Generated US$6.8 bn in 2014 for Hong Kong’s Economy

An economic impact study, commissioned by the Hong Kong Exhibition & Convention Industry Association (HKECIA), concludes that the exhibition industry contributed HK$52.9 billion (US$6.8 billion) to Hong Kong’s economy in terms of expenditure in 2014, which was equivalent to 2.3% of the city’s total GDP. That represents a 29% increase from the previous study covering 2012. According to the study, ... Read More »