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BIIA in Action: B20 Publishes Summit Report

BIIA is an active member of B20 activities (the Business Part of the G20) such as the Digitation Task Force and the Cross-thematic Group on SMEs as previously reported by in recent BIIA Newsletters.   B20 Summit Report On May 2nd and 3rd, 2017 the B20 Summit was held in Berlin. Over 700 guests from the G20 countries and beyond ... Read More »

Paisa Bazaar Launches Campaign on the Relevance of a Credit Score

Paisa Bazaar, a marketplace for loans and cards, which has a partnership with Experian Credit Information, launched its TV campaign during the live broadcast of the India-Pakistan Champions Trophy match on Sunday, featuring several products offering customers a credit report along with monthly updates at absolutely zero cost The campaign was conceptualised by the in-house team of Paisabazaar.com and was ... Read More »

BIIA Member CTOS and LexisNexis Risk Solutions join forces to create a safer business environment

CTOS will offer its customers a powerful tool based on LexisNexis Bridger Insight XG platform Enables companies to verify efficiently and screen their customers under KYC requirements (From left) LexisNexis Risk Solutions marketing manager Joy Lee; LexisNexis Risk Solutions International Market Development director David Haynes; CTOS Data Systems CEO Eric Chin and CTOS Holdings group CEO Dennis Martin LEXISNEXIS Risk ... Read More »

FICO: 6 Principles for Cyber Risk Scores — and Why We Need Them

A FICO Contribution on Cyber Security Ratings The use of scores that rate a firm’s cybersecurity risk — such as the FICO® Enterprise Security Score — is picking up momentum. In an effort to ensure that these scores consistently add value, and to ensure that they help rather than harm businesses, a group of firms recently convened to develop industry standards for ... Read More »

TransUnion Introduces Find My Offer Solution

Lenders Seeking to Provide Real-Time Credit Online Can Cut Implementation from Months to Weeks with TransUnion Find My Offer Solution As financial institutions seek to improve customer experiences online, TransUnion (NYSE:TRU) announced the launch of Find My Offer to help lenders deliver relevant credit offers to consumers online. Find My Offer is a set of configurable white-label web screens that ... Read More »

Forrester Report: A Secure Blockchain Will Transform Security and Risk Management

Secure Payments, Cryptocurrencies, Anti-Money Laundering, Identity Verification Demand New, Distributed, And Tamper-Evident Transaction Databases Forrester Research has recently issued their latest report on the above topics which should be of high interest to our members.  Compliance (KYC, Anti-Money Laundering), identity management (authentication and verification), will be key components in any blockchain transactions. Here are some of the Key Takeaways: Tougher ... Read More »

The Future of Analytics: The Revolution Will Be Unstructured

Darcy Sullivan of FICO wrote in his latest blog “The tech industry is full of predictions, but in this one, I have high confidence: The future is unstructured –– because unstructured data holds the key to the next generation of intelligent systems, which will be largely based on cognitive analytics and artificial intelligence (AI)-based applications”. Here is an interesting assessment:  ... Read More »

Mobius Exhibits at IRCE 2017 – Announces Launch of ProductiWise

Indian-based data solutions provider, Mobius, is participating at the IRCE (Internet Retailer Conference and Exhibition) 2017, in Chicago, between June 6-9, 2017, where they will also be launching their intuitive, bot-enabled product data platform ProductiWise.  This launch marks Mobius’ foray into the data solutions space in the e-Commerce sector. Data’s influence has impacted every aspect of business, including e-Commerce. By ... Read More »

TransUnion CIBIL Launches CreditVision to Enable Banks to Expand Access to Credit

TransUnion CIBIL launched CreditVision to expand the eligible consumer base and drive access to finance for many more deserving consumers. CreditVision is a transformational way of looking at the past credit behavior of a consumer. CreditVision algorithms predict risk and expand credit opportunities by intensively studying the trended data that unlocks the patterns in payment, exposure and spend behavior. TransUnion ... Read More »

Mobius Exhibits at IRCE 2017 – Announces Launch of ProductiWise

Indian-based data solutions provider, Mobius, is participating at the IRCE (Internet Retailer Conference and Exhibition) 2017, in Chicago, between June 6-9, 2017, where they will also be launching their intuitive, bot-enabled product data platform ProductiWise.  This launch marks Mobius’ foray into the data solutions space in the e-Commerce sector. Data’s influence has impacted every aspect of business, including e-Commerce. By ... Read More »

Leading NBFC Home Credit India wins TransUnion-CIBIL Data Quality Award for 2016

Home Credit India, India’s leading NBFC and market leader in the small ticket size loan category* providing fast and easy loans mostly to first time loan takers in the country has become the proud recipient of the prestigious TransUnion CIBIL “Consumer Bureau Data Quality Award 2016 under “Member with the maximum improvement in data quality score during 2016” in the ... Read More »

Xero Teams with Equifax to Provide Credit Reports

Accounting software provider Xero has partnered with Australian credit bureau Equifax to help bridge the knowledge gap between small and big business, piloting a new credit risk indicator feature which could help mitigate some of the risks around being paid on time and maintaining a healthy cash flow. These credit indicator reports allow small business owners to identify the credit ... Read More »

Do ‘Digital-Only Banks’ Have a Future in Asia?

Imagine a scenario where banks offer their services digitally; not as an ad hoc feature but as a fully integrated mobile experience. A digital-only bank that allows customers to do everything on their smartphones, from opening a new account to making payments, settling credit card bills to resolving disputes, all without having to go to a physical branch. If this ... Read More »