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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 »

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 »