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BIIA Elects Thirachai Phuvanatnaranubala as Chairman at its Annual General Meeting

Bangkok, Thailand October 18th, 2017:  At the BIIA Annual General Meeting today the membership elected Mr. Thirachai Phuvanatnaranubala as a director of BIIA and chairman of its board of directors. Joachim C Bartels, Managing Director of BIIA, thanked outgoing chairman David Worlock, a co-founder of BIIA, for his leadership and guidance in the development of our association from a modest beginning of ... 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 »

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 »

TransUnion Hong Kong Debunks Common Credit Card Myths

A recent survey by TransUnion (NYSE: TRU) revealed most Hong Kongers act responsibly when it comes to credit card repayment habits, yet are still confused about credit basics.  The survey found Hong Kongers act responsibly when it comes to managing their credit cards and understand how those accounts affect their credit. In fact, more than two-thirds (67 percent) correctly reported ... Read More »

BIIA Welcomes Asia Credit Bureau Holdings Pte Ltd

Asia Credit Bureau Holdings is the key shareholder of Infocredit Holdings, which hold significant shares in Credit Bureau (Singapore) Pte Ltd, Dun & Bradstreet Singapore and Dun & Bradstreet Malaysia, and other companies in the region providing credit information and credit bureau businesses. Over the past decade, ACB has increased its business footprint to include bureau operations and initiatives in ... Read More »

Equifax Announces Cybersecurity Firm Has Concluded Forensic Investigation Of Cybersecurity Incident

Potentially impacted U.S. consumers increased by 2.5 million Equifax Inc. (EFX) (NYSE: EFX) announced today that the cybersecurity firm Mandiant has completed the forensic portion of its investigation of the cybersecurity incident disclosed on September 7 to finalize the consumers potentially impacted. “I was advised Sunday that the analysis of the number of consumers potentially impacted by the cybersecurity incident has been ... Read More »

Consumer Credit Data Safe in Australia and New Zealand, says Equifax

The Australian arm of credit analytics firm Equifax has sought to distance itself from a major cyber security crisis engulfing its US parent, which could see the personal data of tens of millions of people compromised. “Please be assured that we have found no evidence that personal information of consumers in Australia or New Zealand has been ­affected by the ... Read More »

FICO:  Using Alternative Data in Credit Risk Modelling

FICO’s Manish Gandi explains the use of alternative data in credit risk modeling “Whenever I bring up the topic of alternative data, the first question our board asks is, ‘Are we using Facebook data?’ [Manish Gandhi] This comment from a participant in our recent EMEA Risk Leadership Forum caused a lot of chuckles and nodding heads. When it comes to ... Read More »

Experian India Appoints Vaishali Kasture as MD and Country Manager

Experian has appointed Vaishali Kasture as Managing Director and Country Manager, Experian India with immediate effect. Based in Mumbai, she will report into Experian Asia Pacific. Kasture will be responsible for all management and operations in India and will help the organization implement its short and long-term plans. Prior to this Kasture has worked at Deloitte Consulting in India for ... Read More »

Qarar Partners with HBL to Advance its Retail Analytics Programme

Pakistan’s largest bank HBL is proud to announce its strategic retail analytics programme in collaboration with Qarar, UAE’s leading decision analytics consultancy. With this comprehensive programme in place, HBL will be one step ahead of the industry by utilizing advanced applications and behavioural scorecards developed for the Bank by Qarar. Both organizations have shared an enduring relationship, whereby Qarar has ... Read More »

BIIA 2017 Biennial Conference Update – Only Eight Weeks to Go

BIIA Biennial Conference 2017

Tom Mouhsian, Principal Analyst, Customer Experience (APAC), of our member and sponsor Forrester Research, will provide an overview of the important topic:  “Where Will Technology Take Our Industry and the Businesses of our Clients?” While Tom will summarize current trends, he will also focus on meaningful ways how our industry should embrace new technologies. He will offer some insights about ... Read More »

Creditinfo Group Acquires 33% Shares in ISHENIM, the Credit Bureau in Kyrgyzstan

“Creditinfo Group” is well set on its track for growth and announces the acquisition of 33% of shares in the Kyrgyz Credit Information Bureau “Ishenim”.  This strategic acquisition meets Creditinfo’s aim to contribute in growing economies and facilitating access to finance – a challenge that the company has been meeting for the past 20 years.      “Kyrgyzstan is a market ... Read More »

Credit Myths, Busted: TransUnion Tackles Credit Confusion in Annual Survey

TransUnion® released its third annual credit literacy survey, exploring the state of U.S. consumer credit knowledge. The 2017 Myths vs. Facts Survey revealed consumers remain misinformed about many fundamental aspects of credit scoring, reporting and building, and lack basic information about the factors that impact a credit score. With the average VantageScore hovering at 645 in the United States, according to data from TransUnion’s ... Read More »