BIIA News SliderDear Members,

The BIIA Newsletter November I – 2016 Issue is posted on this website.  To download the document click on this link: biia-newsletter-november-i-2016-issue-f

Quite a lot is happening in our industry:  For instance it is the third quarter earnings report season which BIIA covers consistently.   Also a lot has happened on the acquisition and partnership front this year.  A summary of which is covered in this issue.  We have also updated our third quarter growth chart.

Late Breaking News:

  • Acquisitions and Partnerships Outpace Internal Product Development – The Winners: Platforms and Analytics are Leading the Pack
  • What Grows and what Doesn’t?
  • BIIA Full Members Invited to Attend the Annual General Meeting (12/16/16)
  • Invitation to Attend the China Internet Finance Credit Reporting Forum 2016

Member News:

  • Experian Half-Yearly Revenue Growth Up 5%
  • Experian EMEA: Around Three Out of Four Predict Traditional Business Models to be Obsolete within the Next Five Years
  • Veda in Partnership with Xero
  • Dun & Bradstreet Q3 Revenue Up 3% in Constant Currency
  • Dun & Bradstreet and Rosslyn Data Technologies in Partnership
  • Cedar Rose Receives Credit Excellent Award
  • Jordan’s First Credit Information Bureau Begins Operation

Industry News:

  • Equifax Q3 2016 Revenue Up 23%
  • Equifax Joins Forces with FormFree to Provide Asset Validation Capability
  • Moody’s and Euler Hermes Partner on Credit Ratings for European SMEs

Technology:  What Does the Future Hold?

  • IBM Unveils Blockchain Project for KYC Compliance
  • Blockchain: No Likelihood of Blockchain Revolution Occurring any Time Soon, according to the Bank of England

News from China:

  • China Intends to Regulate Internet Finance
  • China’s New Court Register ‘Derails’ Debt Defaulters
  • China Creates Monitoring Center for Oversight of Cross Border E-commerce
  • Top Legislator Considers Amending Law which Supports SMEs

Consumer Credit Information:

  • Chinese Central Bank Denies Blacklisting, Restrictions on Defaulters
  • Singapore Puts Credit Bureau Bill into First Reading
  • Lithuanian Credit Bureau Creditinfo Opens up Data to Innovative Companies
  • Compuscan Partners with Coremetrix to Bring Innovative Personality-Based Credit Assessment to South Africa
  • Why Consumer Education is a Must: 82% of Australians Have Never Attempted to Correct their Credit Score and 20% of Australians don’t Know How
  • Compliance: GB Group Research States Nearly Half of HR Professionals Don’t Feel Up-to-Speed On Changing Legislation

Work has commenced on the BIIA 2017 Conference.  We have a tentative date:  October 19th to 20th 2017, Bangkok, Thailand.  We posted a call for papers and hope you will participate in the planning effort.

Joachim C Bartels
Managing Director and Editor-in-Chief