The BIIA Newsletter September I – 2017 Issue is posted on this website.  To download the document, please click on this link:  BIIA Newsletter September I – 2017 Issue Final

With the summer holiday period behind us we certainly feel an uptick of activities.  The Equifax data breach came as a severe shock, not just for Equifax, but for the entire credit bureau industry.  Credit bureaus hold sensitive data and are therefore a primary target for cyber criminals.  We had expected that data breaches could happen, but no one was prepared for a data breach of such magnitude.  Equifax is blaming a flaw in a vendor’s software.  So who can you trust?

Our industry is still investing in platforms, analytics and AI.  Therefore it is not surprising that those companies with the best analytical skills have a higher enterprise value than those who invest in data only.  Thus we ask you to take a look at the latest data from Marlin Associates: What is your business worth?

Late Breaking News:

  • Data Breach at Equifax
  • Equifax: Flaw in Vendor Software Blamed
  • Business Information Industry Continues to Invest in Platforms, Analytics and AI
  • What is your Business Worth?
  • Koniku Kore: The First Cyborg – Is it Real?

Member News:

  • Tinubu Square Provides Fresh Perspectives on Customer Risk Management with New Updates to its Popular Risk Platform
  • HG Data Announces Availability of HG Connect on the Salesforce AppExchange
  • Creditsafe USA Named by INC 5000 as One of the Fastest Growing Private Companies in the US

Industry News:

  • Moody’s Completes Acquisition of Bureau van Dijk
  • LexisNexis Risk Solutions Drives Global Expansion with Multi-language Telematics Capability

News from China:

  • Alibaba Appears to Dominate B2B in India
  • China Establishes ‘Cyber-court’ for Online Cases
  • China’s Cyber Regulator is investigating the Country’s Top Social Media Sites over Banned Content

Consumer Credit Information:

  • New TransUnion Study Explores Millennial and Generation X Credit Dynamics
  • TransUnion Cibil Ltd – Digitizing Systems for Future-Ready Banking
  • CoreLogic Credco and Equifax in Partnership

People on the Move:

  • Nerida Caesar to Join Westpac Board as an Independent, Non-executive Director

BIIA 2017 Biennial Conference

To Register Click Here        –        To View the Program Click Here

We thank our members and sponsors for their support.

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