Dear Members, 

The BIIA Newsletter April I – 2020 Issue is posted on the BIIA Website.  To download the document, please click on this link: BIIA Newsletter April I – 2020 Issue

The fallout from the COVID-19 has not affected BIIA’s operational capabilities as yet.  BIIA’s Executive Committee works from their respective home offices.  Thus, member and industry news coverage continues unabated. 

As the effects of the crisis are being felt throughout our industry, an avalanche of COVID-19 related news has been triggered.  This is clearly reflected in this newsletter.  It appears many other topics have been sidelined by our contributors.

We are deeply touched by the many phone calls and messages which we have received inquiring about our wellbeing for which we are thankful.  Be safe, stay well and please tell us about your experiences in managing this crisis.

Late Breaking News:

  • COVID-19: The Treatment of Credit Data During this Crisis
  • COVID-19 and the Value of Information
  • Fear, Light, and M&A in the COVID-19 World and when will there be Light?
  • A View from McKinsey: Convert Daily Firefighting into Reliable Risk Management

COVID-19 Related Actions Reported by Members

  • UK Credit Reference Agencies Agree To Freeze Credit Scores
  • US Credit Reference Agencies Support the Signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
  • Centrix, New Zealand Reports Deteriorating Business Conditions
  • Experian Launches COVID-19 U.S. Business Risk Index
  • COVID-19: Note on the Management of Emergency Provisioning — CRIF Italy Best Practice
  • Equifax: Offers Insights To Employers With Webinar Focused on Interpreting the New Unemployment Laws
  • Equifax Launches COVID-19 Financial Resource Center To Support Consumers

COVID-19 Related Actions Reported by Members

  • CFPB Issues Credit Reporting Guidance

Member News:

  • CRIF Signs Agreement for the Acquisition of 100% of Strands Inc.
  • Experian Aims at the Five Trillian Dollars AI Market
  • CleverTap and Dun & Bradstreet Lead Mobile Marketing Discussions

Industry News:

  • Public Economic Support Schemes Against the Backdrop Of Covid-19
  • Ant Financial Has Set Up a Small Business Credit Rating Firm
  • How to Spot and Avoid Covid-19 Fraud


  • India Coronavirus Shutdown Hits Outsourcing Groups

We thank our members for their support. 

Be safe and stay well.
Joachim C Bartels
Managing Director and Editor-In-Chief