Dear Members,

The BIIA Newsletter February I – 2022 Issue is posted on this website.  To download the document please click on this link: BIIA Newsletter February I – 2022 Issue

You may be pleased to know that Singapore has opened its borders to exhibits and conferences.  There is fast track entry for vaccinated visitors.   As you know travel restrictions and quarantine requirements are starting to be removed by many countries.  Thus we are confident that our physical meeting can go ahead. Please consult our special webpage: Click Here

We continue with the preparation for a physical meeting; therefore we encourage you to register.  We have a great program, supported by many sponsors.

Late Breaking News:

  • Keep the Date: Please Register to Attend the BIIA 2022 Biennial Conference
  • BIIA 2022 Conference Update –  Conference Hotel
  • We Thank Our Sponsors
  • GBG Acquires Verifi Identity Services Limited Commonly Known as Cloudcheck
  • Equifax to Acquire Efficient Hire
  • Equifax Expands Industry-Leading Verification Services Globally

Member News:

  • Creditinfo Gulf and Tech Access Announce a Strategic Partnership
  • Creditinfo Lithuania Invests 1 Million Euros in New Credit Bureau System
  • Cedar Rose Approved as an Enhanced International Support Service (EISS) for the UK Department for International Trade
  • CreditMiner & TransUnion Partner to Fight Synthetic Fraud
  • Experian Announces Directorate Changes – People on the Move
  • Experian and Oliver Wyman Find Expanded Data and Advanced Analytics can Improve Access to Credit for Nearly 50 million Credit Invisible and Un-scoreable Americans
  • Encompass Appoints Banking Industry Veteran Doris Honold To Its Board
  • Tinubu® Square Appoints Aurélien Pelletier as CPTO

Industry News:

  • Moody’s to Acquire Majority Stake in GCR Ratings, Expands Presence in Africa
  • Dow Jones Launches Sustainability Data to Optimize Global Environmental, Social and Governance (ESG) Investing
  • FICO Q1 2022 Revenue Up 3.2%

Country News – Provided by the Membership:

  • Building a State within a State: NEOM and the New Future of Saudi Arabia
  • Survey Shows Hong Kong Consumers Increased Openness to Lending in 2021
  • TransUnion Philippines Consumer Pulse Study finds COVID-19 is having less impact on household incomes
  • India Saw 229 Banking Frauds per Day in FY21, less than 1% Amount Recovered

News from China:

  • China Issues More Guidelines on Internet Giants and Fintech
  • China Tightens Anti-money Laundering Rules for Financial Firms

Credit Bureau News:

  • New Reserve Bank of India (RBI) Norms Allow Fintechs To Access Credit Bureaus
  • Equifax Enhances Mortgage Verification Solutions Through The Work NumberⓇ
  • Credit Information Corporation (CIC) Database Covers 30 Million Borrowers
  • Reserve Bank of India (RBI) Issues Eligibility Norms for Entities Harnessing Credit Bureau Data – Check The Guidelines

We thank our members for their continued support.  We also thank our sponsors for their support of the BIIA 2022 Biennial Conference

Best regards
Joachim C Bartels
Managing Director and Editor in Chief