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Author Archives: Lakefront Media

BIIA 2017 Conference Videos

Welcome Opening Remarks by Khun Thirachai Phuvanatnaranubala BIIA Chairman. Embracing Digitization – Opening Keynote by His Excellency Dr. Pichet, Minister of Digital Economy and Society at the recent BIIA 2017  Biennial Conference in Bangkok, Thailand In his riveting speech Dr. Pichet emphasized the importance of digitization in economic and social development. In order to realize the benefits of digitization we need ... Read More »

Program of the BIIA 2017 Biennial Conference

Date: October 18-20, 2017; Place: Okura Prestige Hotel, Bangkok, Thailand The BIIA 2017 Biennial Conference is much more than a traditional gathering of credit and business information industry professionals. This is a critical event for our members, customers, policy makers and regulators who are seeking information and insight on current and future challenges in a fast moving information environment. The ... Read More »

BIIA Welcomes 3ACredit as Associate Member

In an era of increasing cross-­‐border transactions, reliance on global supply chain networks is increasing. At 3ACredit, we believe in a holistic approach to assisting businesses manage their risk. Our company focus is on the needs of foreign companies seeking trade with China and on facilitating trade for Chinese exporters wishing to expand their footprint beyond China. Introduction A leading ... Read More »

Experian Launches BusinessIQ in the UK

The full power of Experian’s business data and analytics harnessed in one online platform for the benefit of UK businesses Experian® United Kingdom has launched BusinessIQ, a powerful new online customer and supplier risk management system.   Developed for businesses in the UK, BusinessIQ provides a new level of sophistication in credit management.  For the first time, the entire commercial credit ... Read More »

European Debt Crisis Likely to Push Bankruptcies to Higher Levels

The ongoing debt crisis in Europe continues to spread to the point where even the powerful German manufacturing sector is starting to take a hit. FCIB Global Conference Speaker Ludovic Subran, of Euler Hermes, noted this is likely to push bankruptcies much higher in a number of economies there. Subran noted that projections show low growth, if any, in most ... Read More »

Dun & Bradstreet Provides Windows Azure™ In-house Developers with On-demand Corporate Data for Cloud-based Apps

Service gives access to more than 215 million high-quality corporate profiles for sales and marketing, supply chain, and other data-intensive applications D&B announced that it is providing the most comprehensive, current, and complete business data for in-house developers on Microsoft Corp.’s Windows Azure cloud computing platform, through the just-announced Windows Azure Store.  D&B Business Insight lets users generate a list ... Read More »

UBM Live & UBM Tech Launch Big Data Republic

UBM Live and UBM Tech – the UBM businesses behind TFM&A and InformationWeek – have announced the launch of Big Data Republic (www.BigDataRepublic.com), a community for those dealing with transforming their businesses with big data. As the world experiences an unprecedented explosion in information, harnessing that data and making sense of it is one of the biggest challenges that business, ... Read More »

Letter of Credit (LCs) Denominations Shifts to Renmimbi (Rmb)

The Chinese renminbi (Rmb) is now the third-biggest currency for letter of credit (LCs) after the Dollar and the euro, according to the latest SWIFT data.  Around 4% of LCs issued globally were denominated in Rmb.  Meanwhile, banks estimate around 10% of all trade is now conducted in Rmb and forecast that this will rise to 20% 20% in the ... Read More »

CRIF S.p.A. Establishes Office in Indonesia

CRIF, a company specializing in the development and management of credit reporting, business information and decision support systems, has opened an office in Jakarta, Indonesia, as part of its regional expansion strategy.  With existing operations in China, and partnerships in Vietnam, India and Bangladesh, the new representative office in Indonesia will strengthen the company’s presence in the country as well ... Read More »

Experian Reports Revenue Growth 12% for First Half (Ending September 30th, 2012)

Experian reported total Group revenue of US$2.3bn.  Revenue from continuing activities was up 12% at constant exchange rates and 6% at actual rates, principally due to the depreciation of the Brazilian real against the US dollar.  Organic revenue growth was 8% at constant exchange rates. Total EBIT from continuing operations of US$590m, up 14% at constant exchange rates and up ... Read More »

D&B Releases Free Tool to Identify Businesses Potentially Impacted by Hurricane Sandy

Estimates Total Potential Impact at More than 5% of Businesses in the U.S. D&B (NYSE: DNB) has released a free search tool available at www.dnb.com that allows identification of businesses located in the 19 counties in the Eastern United States identified by FEMA as most impacted by Hurricane Sandy. This information will help organizations begin to assess their exposure to ... Read More »

The Quote of the Week: Enterprises without a Functional Credit Risk Management Live Dangerously

In a recent interview with the German credit management magazine “Der Kredit Manager”, Dr. Michael Freytag, Chairman of the Schufa* management board, stated that “credit managers hold a relative important position in the decision hierarchy of an enterprise.  In essence credit management and credit information are intertwined as a basis for economic success.  He is fully convinced that Credit Management ... Read More »