Dear Members,

The BIIA Newsletter April II – 2019 Issue is posted on this website.  To download this issue, please click on this link: BIIA Newsletter April II – 2019 Issue F

Keep the Date:  The BIIA 2019 Biennial Conference will take place from October 30th to November 1, 2019 at the Okura Prestige Hotel in Bangkok, Thailand.  The registration site will be up in early May. 

The emerging key topics to be discussed at the conference are as follows:

  • Artificial Intelligence: Reality or Hype – The Challenges for the Financial Services Industry and the Likely Consequences for Business/Credit Information
  • The Changing Dynamics of Risk Management Information: The availability of data for use in risk management is changing at a rapid pace through the advent of new technology, the changing behavior of consumers, followed by the intervention of regulators
  • Financial Inclusion is driven by the need to provide access to finance for individuals, micro and small business. What does SME Financial Inclusion mean and the dilemmas it faces?  What will be the way forward: “Credit information is dead, long live ‘financial capability information’!
  • Identity has become a major business activity driven by AML, KYC, eKYC compliance requirements. We will hear from information professionals about the opportunities and risks in walking the fine line between transparency and privacy. BIIA has invited compliance professionals to provide a forward looking perspective of their information needs.
  • The Future of Credit & Credit Information  –  Given the almost unprecedented pace of technological change we expect this panel discussion to be rather provocative.

To view the latest update on the program and who is speaking, please click on this link.   

Late Breaking News:

  • What Grows? What Does Not? Review of Latest Revenue Growth Rates
  • Facebook Takes a Write-down of US3bn for Privacy Violations
  • TransUnion Makes Strategic Investments in Fintechs
  • Equifax Acquires PayNet to Strengthen its Commercial Data Assets

Member News:

  • Fraud Prevention in Russia: Attributes of Fraudulent or Shell Companies are Successfully Identified
  • TransUnion Q1, 2019 Revenue Up 15% –  International Revenue Up 52%
  • TruNarrative Receives ISO27001:2017 Certification
  • BIIA Member DEL RISCO REPORTS Celebrates its 17th Anniversary – Congratulations!

Industry News:

  • at Launches New Risk Assessment Tool
  • 2019 CoreLogic Mortgage Fraud Consortium Leading Industry Fraud Experts for 11th Year
  • CoreLogic Q1, 2019 Revenue Down 6%
  • S&P Global Q1, 2019 Revenue Flat – Market Intelligence Up 10%
  • Moody’s Q1 2019 Revenue Up 1% –  Rating Revenue Down 7%  –  Analytics Up 16%
  • Korea Credit Information Services to Provide Information on Chattel Mortgages
  • Poland Bases Credit Scoring Company Kontomatik Enters Southeast Asian Markets

Cyber Security News:

  • Cybercrime: Attacks on Businesses are Intensifying
  • UK Information Commissioner’s Office Launches Beta Phase of Sandbox Initiative

Regulatory News:

  • Australia: It is No Secret – $10 million Penalties to Be Introduced for Privacy Law Breaches

Credit Bureau News:

  • Experian Rolls Out Financial Inclusion to Fill Thin Files
  • Nova Credit: Cross-Border Credit Reporting is at Last Becoming a Reality
  • TransUnion UK (Formerly Callcredit) Appoints David Finch Chief Revenue Officer

We thank our sponsors for their support:

For sponsorship opportunities please contact any of the members of the executive committees: Joachim Bartels, Neil Munroe or Peter Sheerin

We thank our supporting organizations for their participation in the program or logistics support:

We look forward to your support of the conference and seeing you in Bangkok.

Best regards
Joachim C Bartels
Managing Director and Editor-in-Chief