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Alibaba Makes Its First FinTech Investment In Hong Kong

Alibaba has expanded its investment portfolio in Hong Kong and has chosen Qupital to be its first FinTech investment in the city.  Qupital has just secured a seed investment round of $2 million, led by MindWorks Ventures and Alibaba Entrepreneurs Fund, with co-investment from DRL Capital, Aria Group and several other investors. The funding will be used to enhance its ... Read More »

Moody’s Analytics to Acquire Bureau van Dijk – Changing the Competitive Landscape in Commercial Credit Information

Moody’s Corporation (NYSE:MCO) announced that it has entered into a definitive agreement to acquire Bureau van Dijk, a global provider of business intelligence and company information, for €3.0 billion (approximately $3.27 billion). The acquisition extends Moody’s position as a leader in risk data and analytical insight. Highlights: Builds on Moody’s role as a global provider of credit risk measures and ... Read More »

Risky Business: Trend of Expanding Strategic Role of Financial Leaders Increases Scope for Mistakes

Risky Business: Trend of Expanding Strategic Role of Financial Leaders Increases scope for Mistakes In a recent survey, 97% of UK Financial Leaders say their role has changed over the last three years Seventy-one percent of respondents believe finance teams under too much pressure to be business protector and growth driver Over half of respondents (56%) feel board expectations are ... Read More »

B20 Policy Recommendations: Shaping an Interconnected World

On May 3rd, 2017, the B20 has officially handed over its Policy Recommendations to German Chancellor Angela Merkel at the B20 Summit in Berlin. The recommendations are the product of a yearlong process of our seven Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies. Developed under the theme “Building Resilience – Improving Sustainability – Assuming ... Read More »

Atradius Net Profits for 2016 are up 19%

Atradius Reports Continued Strong Contributions Across the Group Total income increased by 3% (3.3% at constant foreign exchange rates) Gross insurance result improved 15.5% to EUR 370.4 million Investment result rose 24.9% to EUR 45.0 million Net profit increased 18.8% to EUR 211.8 million Shareholders’ equity increased 8.4% to EUR 1,625.5 million Atradius’ aim is to lead our customers into ... Read More »

Equifax Canada Empowers Businesses to Arrive at better Credit Decisions Faster, with Risk Reveal

Equifax Canada® announced the launch of Risk Reveal, the only solution in the Canadian market which leverages both commercial and consumer intelligence for a robust and predictive view of a company, as well as its owners. Combining the depth of two credit databases in one solution, Risk Reveal brings together credit scores, credit data, legal actions, and collections data for ... Read More »

Equifax Cloud-Based InterConnect® Platform Transforms Credit and Risk Decisioning, Receives Robust Review from Industry Expert

Equifax Inc. announced its redesigned platform, InterConnect®, was reviewed by leading decision management consulting firm, Decision Management Solutions. Created to revolutionize the industry standard for accuracy and speed-to-market, InterConnect empowers frontline business users through a modular insights environment that defines, automates and deploys decision strategies with more speed and agility than ever before. “Building on Equifax data and insights as the foundation, the ... Read More »

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 »

Moody’s Database Reveals Insights into Corporate Debt Structure

Analysis of data from a database of debt instruments from Moody’s Investors Service may yield helpful insights ahead of the next economic downturn. The data reveals how default types change over time, how recoveries differ depending on the instrument’s position in a company’s debt structure and whether private-equity ownership influences recovery rates. Moody’s Ultimate Recovery Database traces close to 5,500 ... Read More »

Australian Risk Climate: Expectations Remain Buoyant

Dun & Bradstreet Australia published its Business Expectations Survey for Q2 2017 (final results), the media release and full analysis. To arrange an interview with Stephen Koukoulas, Economic Adviser to Dun & Bradstreet, please contact 0467 647 508 or [email protected] Key highlights from this month’s survey findings: Expectations for profits continue to rise, hitting a two-year high for Q2 2017 ... Read More »

USA Credit Climate: Boom Or Bust – What is The Future of the US Retail Industry?

Retail Sector Analysis by Creditsafe Reveals Surprising Strength Despite Recent Setbacks Creditsafe USA released the findings of an in-depth analysis of the US retail sector for Q1 2017.  Despite recent Chapter 11 filings by such notable retailers as Sports Authority and American Apparel and store closings by other retail heavy-weights such as Sears and JCPenny, the US retail sector as whole ... Read More »

Trade Credit Risk Climate: Number of Business Insolvencies Peak in 2016

Despite increased claims core markets remain soft due to an ongoing growth in volumes of insured business Members of the International Union of Credit and Investment Insurers (Berne Union) and the International Credit Insurance and Surety Association (ICISA) have signalled high levels of claims for 2016 in the latest joint industry member survey. Data trends suggest a peak, with claims ... Read More »

GTR Asia Trade & Supply Chain Finance Conference 2017

JW Mariott Hotel, Hong Kong – April 19th, 2017 Hong Kong offers a business-friendly environment and unrivalled connectivity to global, regional and the mainland China markets, making it an ideal host for the GTR Asia Trade & Supply Chain Finance Conference 2017. Returning for its third year, the conference will continue to build on its reputation as a key networking ... Read More »

Cerved and SACE Announce Agreement for Credit Recovery

SACE (CDP Group) and Cerved join their credit recovery expertise and announce the finalization of a collaboration agreement to offer companies more effective services in Italy and abroad. Through this agreement, the two companies will provide their respective clients the foreign credit recovery services developed by SACE and the domestic credit recovery services developed by Cerved Credit Management. “We are ... Read More »

Compliance:  Protect Your Reputation, Make Smarter Decisions and Reduce Friction While Performing Due Diligence on Customers

Confidently acquire the right business customers with Business Compliance InsightTM, a comprehensive report that aggregates key sources for Customer Identification Programs Companies that need to evaluate merchants, suppliers or customers must face the real threat of mistakenly acquiring customers that engage in identity theft schemes, money laundering or funding terrorism. To help these companies meet multiple Know Your Customer (KYC) ... Read More »

Australian Privacy Actions: ABR Gazette Change, February 2017

The ABR Gazette is a subscription-only commercial information service, collating public record information on companies and individuals such as insolvency, bankruptcy and court data relating to debt. The cover of the ABR Gazette includes the terms and conditions of use, restricting it to the assessment of credit risk Veda has agreed to amend the ABR Gazette in the next three ... Read More »

GTR Asia Trade & Supply Chain Finance Conference 2017 – Hong Kong April 19th 2016

Hong Kong offers a business-friendly environment and unrivalled connectivity to global, regional and the mainland China markets, making it an ideal host for the GTR Asia Trade & Supply Chain Finance Conference 2017. Returning for its third year, the conference will continue to build on its reputation as a key networking forum for leading trade and supply chain finance specialists ... Read More »