👩‍🏫CRIF has created a free portal for evaluating companies according to the ESG criteria (Environmental, Social, Governance)
They can document their ESG initiatives, check the sustainability ... performance of all their suppliers and partners & get certified ⬇
https://crifesg.com/de#Home

Are credit reports the same across🇪🇺?
No. The information that a credit reference agency based in Germany, for example, holds about a German consumer may be different from the information held ... by an Italian credit reference agency about an Italian consumer
https://checkyourcreditreport.eu/

🏛 On the occasion of the Slovenian Presidency of the @EUCouncil, the Slovenian Ministry of Public Administration together with the @EU_Commission (@DigitalEU) organised a few weeks ago a joint ... “High-Level Conference on #AI: From Ambition to Action”.
⬇
https://ai-from-ambition-to-action.com/

🆕@CrifDeutschland (former CRIF Bürgel) has been renamed as CRIF🆕

It was founded in 2016 from the merger of Bürgel Wirtschaftsinformationen, a company with a track record of more than 130 ... years, and Deltavista, a specialist for risk management solutions
https://crif.de/en/crifbuergel-is-crif

Lenders use the information on your credit report to help them assess whether you are likely to repay what you want to borrow. Lenders must also take into account whether you can afford any more ... credit at the same time as your existing credit commitments⤵
https://checkyourcreditreport.eu/

🌌 The @BIS_org has launched Project Ellipse (proof of concept stage). This project explores how supervision could become insights based and data-driven using an integrated regulatory data and ... analytics platform.

Read the full article here ⬇
https://www.bis.org/about/bisih/topics/suptech_regtech/ellipse.htm

💡Key findings from a report by @crifbuergel show a significant rise in private insolvencies in Germany in the 1st 1/2 of 2021.

📈"Our forecasts show...more than double the previous year's ... figures," says Managing Director Dr. Frank Schlein.

Read more: https://bit.ly/3E1eGqa

🤔 How are credit scores calculated?

Credit scores are typically calculated using a method known as a scorecard. A scorecard is a set of rules which take the information from your #credit report ... and use it to produce a score based on that information.
⬇
https://checkyourcreditreport.eu/

💡 The majority of the CRAs (59% of the survey respondents) indicated that they comply with special standards (see Fig 30). Almost all these CRAs follow @isostandards.

The large majority of them ... (83%) have ISO27001 (Fig 31).

Have a look at the survey! ⬇
https://accis.eu/facts-and-figures/

📊 A #credit report includes certain personal details and #information relating to your current and previous #financial commitments. Information on: your financial credit agreements as loans, credit... cards, mortgages and overdrafts.

Learn more here! ⬇
https://lnkd.in/dcEqkB7e