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Keep the Date: BIIA 2017 Biennial Conference Bangkok, Thailand October 18 to 20, 2017

BIIA Biennial Conference 2017

BIIA invites its members from the business and credit information industry, users of information services, government policy makers and regulators to attend the BIIA 2017 Biennial Conference, where we intend to discuss disruptive technologies  impacting our industry and the businesses of our customers. Venue: The Okura Prestige Hotel, Bangkok Thailands October 18, 2017: 13:00 hrs:  Registration opens 17:00  hrs: Membership ... Read More »

Equifax Canada Reports: Millennials Top Target for Fraudsters

Education and better protection needed Equifax Canada (NYSE:EFX) – Millennials are the leading target for fraudsters according to new data from Equifax Canada, which flagged this age group for 49 per cent of all suspected fraud applications in its fraud management database last year. Millennials (aged 18-34) are followed by Generation X (aged 35-50) at 30 per cent and Baby Boomers (aged ... Read More »

Consumer Credit Behavior: Hong Kong Credit Card Holders Least Aware of the Impact on Credit Score if they just Pay the Minimum, Survey Reveals

Hong Kong credit card holders were the least certain about the importance of paying more than the minimum balance on their monthly statement, according to a survey conducted by an international credit information company.  In Hong Kong, 41 per cent of credit card holders were unsure about the benefits of paying above the minimum balance, according to a consumer credit ... Read More »

Experian Joins Marketplace Lending Association to Drive Responsible Financial Innovation

Marketplace lenders continue to be at the forefront of transparent and responsible financial innovation. This growth has helped to ensure that consumers and small businesses have access to the capital that they need to thrive. As part of our commitment to driving responsible financial innovation, Experian has joined the Marketplace Lending Association as an associate member.  Now more than ever, ... Read More »

Experian and Lenddo Provide Financial Inclusion to Millions of Customers in Indonesia and Vietnam

Experian announced a partnership with Lenddo, a leader in non-traditional data solutions, as part of Experian’s Consumer Financial Inclusion Indexing platform in Indonesia and Vietnam. Using Experian’s global expertise and knowledge, the introduction of Lenddo’s technology into Experian’s platform will provide financial firms with more information to offer appropriate financial services. Consumers who are unbanked or underserved by major financial ... Read More »

Schufa Introduces a New Guide to Improve Financial Literacy

Schufa’s Education initiative “WirtschaftsWerkstatt” (BusinessWorkshop) has reached over 5 million young Germans.  According to its forsa poll, 72% of young Germans want to learn more about financial topics.  Dr. Michael Freytag, Chairman of the Management Board of Schufa commented: “The sooner young people can handle money, the better.  The latest forsa study indicated that there is still a considerable need ... Read More »

EU Study: Small Businesses Increasingly Confident About Access to Finance

EU Publishes “Survey on the Access to Finance of Enterprises” (SAFE). The Survey was published on: 30/11/2016 Key Findings: Small businesses from the EU are increasingly confident about their access to finance, according to a joint survey published today by the European Commission and the European Central Bank. Access to finance is the least pressing problem in general and businesses’ demands ... Read More »

Forrester: Navigating Change: 2017 Predictions

The consequences of today’s customer-led, digital-centric market are becoming clear: great change is upon us (and already happening in some cases). Forrester’s 2017 predictions reveal the big business and leadership, customer experience, and technology changes we anticipate in the coming year — and what to do about them. Business and leadership  The necessary and unavoidable changes to leadership and talent ... Read More »

CTOS DATA SYSTEMS MALAYSIA LAUNCHES ‘WHAT’S YOUR CTOS SCORE?’ INITIATIVE

100,000 Free MyCTOS Score Report Giveaway to kick start education and empowerment campaign CTOS Data Systems Sdn Bhd, Malaysia introduced the ‘What’s Your CTOS Score?’ initiative, a first-of-its-kind education campaign targeted at consumers of every life stage. Aimed at transforming the mind-set and attitude of Malaysians towards responsible credit management, the campaign is in response to the Government’s call for ... Read More »

China: Top Legislator Considers Amending Law which Supports SMEs

China’s top legislature is considering amending a law that supports small- and medium-sized businesses for the first time since it was adopted in 2003. The revised draft was submitted to legislators for its first reading at the bimonthly session of the National People’s Congress (NPC) Standing Committee, which began Monday and will run until Nov 7. According to the statement, ... Read More »

Experian Survey: Is There An Identity Thief Masquerading As Your Child?

An Experian survey of parents’ awareness of child identity theft shows they need more education about the risks —that is, if they aren’t fraudulently using their children’s identities already Halloween is right around the corner and kids are getting ready to celebrate by dressing up as their favorite characters. Unfortunately, identity thieves can also “dress up,” stealing children’s identities and ... Read More »

Why We Can’t Afford to Turn a Blind Eye to Our Credit Score

Whether you’re looking to secure finance for personal or business reasons, knowing your credit score and how it may shape your financial future is central to any financial decision. However, very few of us know our credit score or have actively tried to improve it, and this is an issue. New research commissioned by finder.com.au asked over 2,000 Aussies what ... Read More »

TransUnion Survey: Credit is Important to South Africans but Few Understand How Reports are Generated

More than 72 percent of a group of South Africans who participated in a TransUnion survey released recently, agree that their credit score is important to them, but only 45 percent say they understand how credit reports are generated. In terms of the above mentioned survey, most consumers are also confused about credit scores and reports themselves as only 36 percent of ... Read More »

NIBM-CIBIL Launches Certification Course in Retail Credit Risk Management

TransUnion CIBIL, India’s leading credit information company, has partnered with National Institute of Bank Management (NIBM), to offer a joint certification programme on retail credit risk management for banking professionals. Combining NIBM’s vast experience in banking education and TransUnion CIBIL’s leadership in credit information insights and solutions, the objective of the programme is to provide a comprehensive and systematic skill-set ... Read More »