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News from the BIIA 2017 Biennial Conference: Embracing Digitization

His Excellency Dr. Pichet Durongkaveroj, Minister of Digital Economy and Society gave the opening keynote address at the BIIA 2017 Biennial Conference on Digitization on October 19th, 2017.    Picture on the left: His Excellency Dr. Pichet Durongkaveroj, Minister of Digital Economy and Society being greeted upon arrival at the conference hotel. In his riveting speech Dr. Pichet emphasized the ... Read More »

Compliance: Effectiveness of Managing Third-party Risks Worsening

Opus & Ponemon Institute Announce Results of 2017 Third Party Data Risk Study: 56% of Companies Experienced Data Breach, Yet Only 17% are Prepared to Mitigate Risk Effectiveness of managing third-party risks worsening – companies cite inability to track, evaluate third party security and privacy Opus, the leading provider of global compliance and risk management solutions, today announced the results ... Read More »

Callcredit Teams Up With Totallymoney to Launch a Free Live Credit Score

Customers can now track their credit score and likelihood of being accepted for credit, access their full credit report and receive notifications of changes. All totally free. TotallyMoney has launched a Live Credit Score service that provides customers with information about changes in their credit status each time they log in. Credit file data is provided by Callcredit and customers now ... Read More »

Credit Karma Adds Equifax to its Flagship Free Credit Monitoring Service

Personal finance company is the most comprehensive free U.S. online credit monitoring service Credit Karma announced it is adding Equifax to its flagship free credit monitoring service.  For the first time, Americans will be able to have two major credit reports monitored proactively for free, which can help them manage their credit health or stay alert of possible signs of ... Read More »

KSV1870 Opens New Office in Salzburg

More than 100 guests from the business and political community attended the opening of the new office location at the Hellbrunner Straße 15 in Salzburg’s capital at the invitation of KSV1870 President Mag. Dr. Roland Wernik, MBA. KSV1870 Managing Director Mag. Ricardo-José Vybiral, MBA spoke about the current business and credit conditions in the Austria in general and in the ... Read More »

CRIF Strengthen its Presence in Far East

CRIF Strengthen its Presence in Far East with Two New Start-Ups in Malaysia and Singapore CRIF has opened two new offices in the Republic of Singapore and in Malaysia, further strengthening its presence in a highly strategic region, where it has been operating for several years through operations in China, India, Hong Kong, Taiwan, Philippines, and Vietnam. This will enable ... Read More »

BIIA Welcomes Credit Bureau Malaysia as a new Member

We opened our doors to a bright and beautiful morning on 1 July 2008. As SME Credit Bureau, we’ve helped many SMEs get access to better financing. When the Credit Reporting Act 2010 was introduced, we became Credit Bureau Malaysia and expanded our market to include helping individuals. Credit Bureau Malaysia collects and compiles credit information from various sources. We ... Read More »

BIIA Welcomes Credit Bureau (CBC) Cambodia as a new Member

Credit Bureau Cambodia (CBC) is the leading provider of financial information, analytical solutions, and credit reporting services to financial institutions and consumers in the Kingdom of Cambodia. CBC was established in March 2012 with strong support from multi stakeholders such as the National Bank of Cambodia, the Association of Banks in Cambodia, the Cambodia Microfinance Association, and the International Finance ... Read More »

BIIA Welcomes Credit Bureau (Singapore) Pte Ltd (CBS) as a new Member

Credit Bureau (Singapore) Pte Ltd (CBS) is Singapore’s most comprehensive consumer credit bureau that has full-industry uploads from all retail banks and major financial institutions. It is a joint venture between The Association of Banks in Singapore (ABS) and Infocredit Holdings Pte Ltd. The setting up of a consumer credit bureau in Singapore is a significant addition to enhance the ... Read More »

FICO Doubles the Power of Cybersecurity Score to Predict Breaches

Refreshed analytic model in FICO® Enterprise Security Score gives users unprecedented accuracy in measuring cyber breach risk HIGHLIGHTS: The latest analytic model in the FICO® Enterprise Security Score is twice as accurate at predicting a data breach as the previous model, and more than four times as powerful as the best results claimed by competing solutions. New data sources, including ... Read More »

Corelogic Innovation Grows User Base to More than a Million Real Estate Agents

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, announced today that its focus on innovation in real estate solutions is helping drive its market penetration to record heights. Across all its solutions for residential real estate – which include listing, property information, and brokerage management platforms – CoreLogic now serves more than one million real estate ... Read More »

TransUnion Acquires eBureau

TransUnion Reinforces Versatile Data and Analytics Capabilities with Acquisition of eBureau TransUnion (NYSE: TRU) announced today that it is continuing to build upon its success as a source of groundbreaking, versatile data and analytics capabilities with the acquisition of eBureau, a leading provider of custom-analytic solutions with both credit-risk and anti-fraud applications. eBureau’s rapid-model-development platform enables financial institutions to quickly ... Read More »

Global Financial Data Platform Envestnet | Yodlee, Home Credit India in Partnership to Digitize Loan Processing

Envestnet | Yodlee, a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced its partnership with Home Credit India, one of India’s leading consumer finance providers that is committed to driving credit penetration and financial inclusion. The tie-up has enabled Home Credit India to digitize its loan approval process with Envestnet | ... Read More »

Credit Scoring Platform CreditVidya Bags $5 mn from Matrix, Kalaari

Mumbai-based InfoCredit Services Pvt. Ltd, which operates credit scoring platform CreditVidya, has raised $5 million (Rs 32 crore) in a fresh round of funding led by Matrix Partners, the company said. Existing investor Kalaari Capital, which had invested $2 million in June 2016, has also participated in the round. While Matrix put in Rs 23.81 crore, Kalaari accounted for the ... Read More »

Bisnode Consumer Intelligence Transforms Management of Consumer Data

Bisnode introduces Bisnode Consumer Intelligence in the Nordic countries, a new product making managing consumer data easier, more secure and less resource intensive. Marketing and CRM departments often manage large amounts of consumer data requiring aligned and updated information across platforms in order to create seamleass customer experiences and achieve compliance to regulatory frameworks, such as the new General Data ... Read More »

QCB Plans Strategic Expansion of Qatar Credit Bureau

The Qatar Credit Bureau that operates under the supervision of Qatar Central Bank (QCB) is set to expand its activities. The Credit Bureau is planning to add more members and services. “We are adding new services to our bureau. The credit score models exclusively for commercial and SME customers are under process. We are collecting more details from commercial credit ... Read More »