Trade Credit

Tinubu Square launches Innovation Lab, focusing on technologies & innovation for insurance and the trade finance industry Tinubu Square, the industry leader in trade credit, surety and trade finance solutions, is proud to announce the launch of its ‘Innovation LAB’, focusing on blockchain, advanced integration and deep analytics for insurance and banking industry applications. The Innovation LAB has been created ... Read More »

Jessica Davis, Senior Editor of Information Week has recently interviewed Salem Khan, D&B’s Global Leader of Data Innovation concerning Dun & Bradstreet’s move into Blockchain and machine learning.  Dun & Bradstreet has been providing information to subscribers and customers for 177 years. Now it is exploring Blockchain and machine learning to improve its offerings. You wouldn’t normally think of a ... Read More »

Late-payers to be banned from UK government contracts following Carillion collapse Outsourcing giants that fail to pay suppliers on time will be banned from major contracts under new plans announced by the government today in the wake of Carillion’s collapse. The Cabinet Office has announced a package of measures which also aim to “level the playing field” so small businesses ... Read More »

A financing platform in India has launched a blockchain-based solution to help prevent fraudulent double financing of invoices.  The solution allows private companies to exchange information about invoices uploaded to their marketplaces, in order to ensure the invoices are not financed multiple times. There are three companies involved: RXIL, ATReDS, and MYND Solutions, each of which is licensed to work ... Read More »

Despite an overall decrease in fraud and computer misuse in 2017, the latest UK Office for National Statistics (ONS) reports show that incidents involving computer misuse and malware against business are way up. There were 4.7 million incidents of fraud and computer misuse in the 12 months to September 2017, a 15% decrease from the previous year, according to the latest ... Read More »

In 2017, Atradius once again achieved strong results with consistent and positive contributions from across the Group. The cultural fit with customers that work close to our teams using innovative tools is at the heart of our financial strength.  The profit for the year was EUR 186.2 million which was supported by a 4.3% increase in total revenue. Insurance revenue ... Read More »

Tinubu Square, the industry leader in trade credit, surety and receivables financing solutions, has won selection by Zurich Insurance Group, to deliver its Credit Insurance Suite (CIS). The award-winning SaaS solution will allow Zurich to manage and automate the full lifecycle of its products from commercial and risk underwriting to claims payments on a single cloud platform. Zurich Insurance Group, ... Read More »

Creditsafe expands International Database to provide key insights to complex South American marketplaces Creditsafe USA, the global business intelligence experts, announced it has extended its global database to include vital information on private and public companies across the seemingly daunting South American markets of Colombia, Ecuador and Venezuela. “While these countries are too often popularly portrayed as difficult, worrying or even downright scary, they all ... Read More »

European companies paid with an average delay of 13.06 days in the last quarter of 2017, the lowest figure reached to date, according to the Study on Payment Behavior of Companies in Europe conducted by INFORMA. This figure drops slightly with respect to the previous quarter and from a year ago when it was 13.47 days. Spain, with 12.52 days of average delay ... Read More »

Leading Provider of Trade Credit Risk Integrates with Leading Provider of Online Business Credit Reports CreditPoint Software, LLC, a leading business trade credit risk management company and Creditsafe, a premier provider of online business credit reports, announced a partnership that includes integration of their industry leading platforms.  This integration enables Creditsafe’s business reports to now be accessible within CreditPoint’s full ... Read More »

CRIF, a global company specializing in credit bureau, business information and credit solutions, has announced the acquisition of all shares in Dun & Bradstreet Vietnam. CRIF has been Dun & Bradstreet’s Worldwide Network (WWN) partner since 2009 after acquiring its operations in Italy and later in Turkey, the UAE and Egypt.  With this announcement, the relationship will expand to cover ... Read More »

Indian banks ready to launch first blockchain-based solution to map corporate borrowers  A blockchain-based solution designed to help Indian banks and non-banking financial companies do their know your customer diligence of corporate borrowers, evaluate corporate lending risk, and manage vendors is ready to be deployed by the year-end. The solution has been developed by Bankchain, a 30-member consortium led by the ... Read More »

There are 17 credit bureaus operational according to the State Register of Credit Bureaus maintained by the Central Bank of Russia.  Article 6, Provision of a credit report of the Federal Law No.218-FZ On credit histories of December 30, 2004 (as amended on July 3, 2016), regulates the provision of credit histories (credit information) in the form of a credit ... Read More »

The acquisition will strengthen CRIF’s local presence in the field of business information and decision support solutions. CRIF, a global company specializing in credit bureau, business information and credit solutions, has announced the acquisition of Vision-Net, a leading provider of business information based in Dublin. Vision-Net, a high-standing company operating in a competitive and sophisticated market providing immediate access to ... Read More »

Credit management specialist Atradius has launched a new credit management portal, Atrium, using Oracle technology.  The digital platform enables companies worldwide to manage their credit insurance policies and apply for credit limits in one spot, in real time. The new portal provides Atradius’ customers a quick and easy way to complete credit insurance transactions worldwide in more than 45 countries ... Read More »

Small Businesses Report Greater Access to Bank Loans and Increased Hiring Small businesses (< $5M in revenue) are finishing 2017 strong, reporting both revenue increases and optimism for future growth according to the fourth quarter 2017 Private Capital Access (PCA) Index report from Dun & Bradstreet and Pepperdine Graziadio Business School.  Fifty-eight percent of small businesses, up from 52 percent in Q4 2016, reported ... Read More »

Blockchain is “no longer in proof of concept” phase says Global Trade Review As 2017 draws to a close, there are signs that we are moving beyond the proof of concept era for blockchain technology In the past days, a number of trade and non-trade-related blockchain programmes have gone live, showing the functionality of the technology and feeding the widely-held ... Read More »