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BIIA Director David Knowles Presented at the European Commerce Registers’ Forum and the Corporate Registers Forum Conference

For the first time, the European Commerce Registers’ Forum and Corporate Registers Forum held a joint conference in Cardiff UK from May 9th to 13th 2016.  The 2016 conference was an exciting event which brought together many delegates from across the world to share best practices. BIIA Director David Knowles, Marketing Director at Creditsafe Group and also a director of BIPA, the UK Business ... Read More »

EU Commission Workshop: Improving Credit Assessment and Information for SMEs in Europe to Facilitate Access to Finance for SME

The EU Commission had invited a diverse group of experts ranging from credit rating, credit information, banking, alternate finance, and capital market participants to discuss whether regulating credit scoring would facilitate access to finance for SMEs i.e. as a tool to advance lending. The workshop was well attended indicating intense interest in this topic.  There were eight BIIA members at ... Read More »

Transparency: Virginia Commission Makes No Recommendation on Credit Reporting Bill

The Virginia Small Business Commission made no recommendation on Virginia House Bill 2198 this week, leaving the commercial credit reporting bill effectively dead for the remainder of the year. The credit information industry and the National Association of Credit Management (NACM) are opposed to HB 2198 since its introduction in January, and will continue to oppose it as the debate ... Read More »

Trade Payment Data: Helping Businesses Avoid Risky Customers

Veda, one of Asia-Pacific’s leading provider of consumer and commercial data intelligence and insights, announces that the Trade payment data will be available in Commercial credit risk reports to provide customers with early indicators of potential financial difficulty. Veda’s analysis of trade payment behaviour shows this information to be a lead indicator of financial distress; specifically, that companies with invoices ... Read More »

Credit Management Recommendation of the Month: Tell Your Suppliers to Share Data

If Your Company Needs a Better Credit Score?  Tell Your Suppliers to Share Data Companies of all sizes looking for a better business credit score and cheaper financing should ask their suppliers to report their accounts receivable data to credit reporting companies, according to the National Association of Credit Management (NACM). Tightened access to credit in the wake of the ... Read More »