Dear Members,

The BIIA Newsletter April II – 2020 Issue is posted on this website:  To download the document, please click on this link: BIIA NEWSLETTER APRIL II – 2020 ISSUE

Equifax and TransUnion announced their Q1 2020 results and surprised us with double digit growth.  Under normal circumstances that could have indicated the start of an excellent year.  Since we are now in the midst of the COVID-19 pandemic, there are indications that the volumes are declining and companies are moving into what they describe as a ‘Downturn Playbook’.

BIIA is tracking company results quarterly, thus we will keep you up-to-date via biia.com and this newsletter.  We are also collecting data on what is happening on the fringes of B2C and B2B information services, such as fintech, AML/KYC compliance, e-commerce, and BIG Tech.  There will be winners and losers and we will keep tracking them.  On page 2 and page 14 we provide you with a preview of what may develop.

Late Breaking News:

  • COVID-19 and the Potential Impact on the Business Information Industry

Member News:

  • Equifax Q1 2020 Revenue Up 15% (constant currency)
  • Global Data Consortium: “The Perfect Storm” in Digital Identity Verification
  • COVID-19 Dun & Bradstreet Launches Several Initiatives in the UK and the USA
  • Dun & Bradstreet: Using Data Science for Crisis Management
  • OpenText Trading Grid to Integrate Dun & Bradstreet Data and Insights to Build Trust and Minimize Risk in Supply Chains
  • Graydon and Neotas in Partnership
  • Globas System Ranked Second in an Analysis of Russian B2B Online Information Solutions Providers
  • United Kingdom: Creditsafe, Dun & Bradstreet, Equifax and Experian have confirmed new guidance for lenders on reporting payment freezes, to protect business credit scores during the pandemic
  • Creditsafe Launches a COVID-19 Impact Score to Help Companies Identify Risk Areas within their Portfolio
  • TransUnion Q1 2020 Revenue Up 12% (constant currency)

Industry News:

  • ZoomInfo Launches ‘Intent’ Solution to Help B2B Companies Identify, Prioritize and Engage Sales Leads Based on Buying Signals
  • Bisnode Once Again Designated One of Sweden’s Best Managed Companies
  • Welcome to Robot Land
  • Big Tech to Benefit From COVID-19

Credit Bureau News:

  • International Committee on Credit Reporting (ICCR) Publishes Guidance Note on Approaches to Credit Scoring
  • TransUnion Report: Nearly a Quarter of UK Consumers Targeted by Fraud in Current Pandemic

We thank our members for their support.

Best regards and stay safe
Joachim C Bartels
Managing Director and Editor-In-Chief