BIIA Newsletter October I – 2022 Issue | BIIA.com | Business Information Industry Association

Dear Members,

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

A lot of attention has been given lately to the topic of Metaverse. Our partner Cyber Security Intelligence has raised the issue of Cyber Security in conjunction with Metaverse. In meantime the investment community was horrified by the negative impact of the Metaverse project on Meta’s (Facebook) profitability.

Late Breaking News:

US – EU Data Privacy Framework Signed by US President Biden
The Monetary Authority of Singapore (MAS) has launched the ESG Impact Hub to spur collaboration between ESG fintechs and solution providers
China: The Mainland’s Security Assessment Measures on Cross-border Transfers of Data Has Taken Effect September 1, 2022
What is in a Name? Lieferantenkettensorgfaltspflichtengesetz

Member News:

Risk Management in Payment: CRIF Austria and P19 Enter into Cooperation
CRIF Ranks Among Italy’s Best Employers!
InfoSum Collaborates with Experian on Privacy-Centric Identity Bridging Initiative
Refinitiv Introduces Digital Onboarding Solution to Help Businesses Accelerate Secure and Frictionless new Customer Onboarding
LexisNexis Risk Solutions True Cost of Fraud Study: SNAP Report Reveals Every $1 of Fraud Costs Agencies $3.72
New Zealand Business Credit Demand down 12% during the June 2022 quarter, Business Loans below 2020 lockdown levels
GB Group Expects Half Year Revenue Growth of 22.5%
Equifax Q3 2022 Revenue Up 2%

Industry News:

Dun & Bradstreet Hong Kong Collaborates with the Hong Kong Banking Sector

Metaverse and Cyber Security:

Partner Contribution: The Metaverse – A Reality Check
Will the Metaverse be Facebook’s Undoing?

Credit Bureau News:

Recent TransUnion’s Consumer Pulse Studies
TransUnion Climbs to No. 12 in the Latest IDC FinTech Rankings
HSBC and Nova Credit Launch Partnership to Offer Customers Borderless International Credit Checking
CIC Philippines Is Promoting Greater Credit Market Efficiency, Financial Inclusion In 2nd Ph Credit Expo
Credit Bureau Cambodia Keeps Credit Data of over 7M Customers

We thank our members for their contributions to this newsletter and for their generous support.