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Category Archives: Commercial Credit Information
Mandatory Disclosure and Social Media
The U.S. Securities and Exchange Commission indicated that companies can use social networks to disclose financial data. BIIA welcomes the broader use of media for companies to disclose their quarterly and annual results. It may lead to more voluntary disclosure … Continue reading
China Regulates Credit Information
According to a press release of the Legislative Affairs Office of the People’s Republic of China, Premier Wen Jiabao, presiding over a State Council executive meeting, examined and adopted the “Credit Management Ordinance”. The legislation covers consumer and commercial credit … Continue reading
Posted in BIIA News, China, Commercial Credit Information, Commercial Credit Reporting, Consumer Credit Reporting, Credit Reporting, Member, Member News, People's Bank of China, Regulatory News, Users of Information
Tagged China credit information regulations, Credit information regulations in China, Legislative Affairs Office of the State Council
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FICO European Risk Survey Shows a Rocky Road Ahead
FICO’s latest survey of European credit risk managers with Efma indicates that credit demand and supply will be reduced in almost all markets. A startling 88% of respondents say that more small businesses will turn to alternative sources to fund … 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
BIG Data: HG Data Tracks the Relationships Between Businesses Themselves – For BIIA Members -
Meet HG Data: A company which says “We’re Data Scientists”. At HG Data’s lab in California, our data scientists are pioneering surprising new ways to procure, extract and apply data. We love the astounded look on our customer’s face upon … Continue reading
National Trade Credit Report Website Now Live
NACM-National and NACM affiliates from around the nation proudly unveiled a website for the NACM National Trade Credit Report (NTCR). The site ( http://www.tradecreditreport.com ) is designed to educate potential users on the NACM National Trade Credit Report by providing … Continue reading
TransUnion Payment Hierarchy Study Finds Consumers Paying Auto Loans Before Credit Cards and Mortgages
Recent updates to a key TransUnion study found that in 2011 consumers were more likely to pay their auto loans before their credit cards and mortgages. This insight was gained through TransUnion’s Payment Hierarchy study update, which also found that … Continue reading