Category Archives: Commercial Credit Reporting

Financial Disclosure or Communication – A Necessity for Small and Midsize Companies

Financial disclosure and regular shareholder communication are requirements for large enterprises.  The customary glossy annual reports and quarterly statements give the impression that such practices are reserved for capital corporations only. Small, and in particular medium-sized companies generally believe that … Continue reading

Posted in Commercial Credit Information, Commercial Credit Reporting, Creditreform, Germany, Member News, Regulatory News, SME Access to Finance Issue, Uncategorized, Users of Information | Tagged , , | Leave a comment

Asia: Demand for Experienced Risk Management Professionals is Soaring

The increasingly sophisticated regional business environment has created a huge demand for risk management professionals with banking and financial knowledge, analytical skills.  Although local universities provide education in accounting, banking and finance, the programs do not cover risk management and … Continue reading

Posted in Asia Pacific, China, Commercial Credit Information, Commercial Credit Reporting, Hong Kong, Users of Information, iRms Hong Kong | Tagged , | Leave a comment

New Transparency for Credit Management – Value Added through Internal and External Information Sources

The German Credit Management Association recently held its 2011 conference and exhibit in Frankfurt/Main.   The conference focused on the topic of value creation through greater availability of internal and external information.   A number of presentations centered on methods in how … Continue reading

Posted in BIIA News, Commercial Credit Information, Commercial Credit Reporting, Credit Management, Credit Reporting, Germany, Users of Information | Tagged , | Leave a comment

Credit Information: What does ‘Freshly Investigated Credit Reports Mean’?

On June 13, 2011 BIIA posted a story “Customers Turn Competitors” discussing the offering of ‘freshly investigated credit reports’ by credit management associations.  The story was prompted by a discussion within BIIA what ‘freshly investigated credit reports’ means in terms … Continue reading

Posted in Commercial Credit Information, Commercial Credit Reporting, Credit Information, Credit Reporting, FCIB / NACM, United States, Users of Information | Tagged , | Leave a comment

Commercial Credit Information: The Shape of Things to Come?

BIIA contributing writer Philip Cotter examines how two new entrants disrupt the current status quo in commercial credit information. Recently Cortera in North America and Creditsafe in Europe, have caused discomfort to the larger players through their aggressive pricing, PR … Continue reading

Posted in Commercial Credit Information, Commercial Credit Reporting, Cortera, Credit Information, Credit Reporting, Creditsafe, United Kingdom, United States | Tagged , , | Leave a comment

Observations from the BIIA Forum 2011: Eliminating Information Asymmetries with Information Sharing

To provide further input to the open forum discussion the audience had the benefit to listen to William Lim, Executive Director of the Singapore Credit Bureau presenting two excellent role models, the SME credit bureaus of Malaysia and Singapore:  In … Continue reading

Posted in BIIA News, Commercial Credit Reporting, Credit Bureau Malaysia, Credit Bureau Singapore, Credit Information, Information Solutions for SMEs, Malaysia, SME Access to Finance Issue, Singapore | Tagged , | Leave a comment

Observations from the BIIA Forum 2011: D&B’s Anthony Scriffignano’s Message to Users and Members

BIIA surveyed credit managers at the tail end of the global financial crisis concerning the performance of credit information during the crisis.  The response was that information companies played catch-up during the crisis pointing to a lack of real time … Continue reading

Posted in Asia Pacific, BIIA News, Business Information, Business Information, Business Intelligence, Commercial Credit Information, Commercial Credit Reporting, Credit Information, D&B, European Union, United States, Users of Information | Tagged , , | Leave a comment

World Bank Issues General Principles on Credit Reporting for the Financial Services Sector

The World Bank, in collaboration with the Bank for International Settlements (BIS), various central banks and members of the information industry represented by ACCIS (Europe), BIIA (Asia Pacific) and CDIA (USA), has been working on developing universal standards for credit … Continue reading

Posted in BIIA News, Commercial Credit Reporting, Consumer Credit Information, Credit Information, International Finance Corporation, Users of Information, World Bank | Tagged , , , | Leave a comment

BIIA ISSUES WHITE PAPER ON COMMERCIAL CREDIT REPORTING STANDARDS

The White Paper accentuates the differences between commercial credit reporting and consumer credit reporting and why these services deserve different legal frameworks. Commercial credit reporting standards have been developed over decades in response to technological developments and market requirements to … Continue reading

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