Dear Members,

The BIIA Newsletter July I – 2018 Issue is posted on this website.  To download the document, please click on this link:  BIIA Newsletter July I – 2018 Issue F

We bring to your attention the latest market cap / revenue multiples.  There has been a shift in rankings.

A shocking news was the breakup of the old workhorse in consumer marketing, Acxiom. Following the maxim ‘if you cannot create any further shareholder value sell off components of the business while they have some value.’

Late Breaking News:

  • Fintech: The Beginning is Over – the Future is Before Us
  • What a Difference a Year Makes – Market Cap/Revenue Multiples 2018 vs 2017
  • Acxiom Sells its Core Business Marketing Solutions for US$2.3 billion
  • Advanced Analytics in High Demand

Member News:

  • Credit Scoring in the Philippines: Getting Ahead of the Curve
  • Experian Launches Experian Marketing Engine
  • FICO Helps Malaysia’s Credit Guarantee Corporation Accelerate and Automate Small Business Lending
  • Tinubu Square Wins Eurocloud Award 2018 “Best Vertical SaaS Solution
  • Creditinfo Shows How Fintech Can Lift People Out of Poverty
  • TransUnion on the Acquisition Prowl

Industry News:

  • Identity Management: Infutor Launches ‘ReachSmart’ Targeting Tool
  • Blockchain: Four Banks Go Live on Blockchain Platform

News from China:

  • Alibaba’s Ant Financial Launched a Blockchain-based Remittance Service
  • Alibaba Seeks to Eliminate Middlemen in Blockchain Payment Patent
  • China’s Private Sector Credit Information Services: The Baihang Story
  • People’s Bank of China is Clearing Up China’s Payments Race

Credit Bureau News:

  • Experian Identity Theft Survey Results: Consumers Need more Education and Help
  • Reserve Bank of India Publishes Report on the Proposed Public Credit Registry (PCR)
  • Association of Credit Information Providers (ACIP) of Eurasia Launched
  • TransUnion Opens First Global In-House Centre in Chennai
  • Stung by Compliance Cost, Banks Urge Watchdogs to Approve more FinTechs
  • Indian Committee on Data Protection to Submit Report on July 15 2018

We also welcome Rubix Data Sciences Pvt. Ltd, an India based start-up, as a new member.

We thank our members for their report.

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