Promoting economic growth & reducing economic crime by facilitating access to business information

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Promoting economic growth & reducing financial crime by facilitating access to business information

COVID-19

The Covid-19 crisis is first and foremost a humanitarian crisis and all our members are putting people first in their response.  As an industry body, BIPA believes that our role during this crisis is to ensure that the economy continues to benefit from informed credit decisions and we are reaching out to government and other stakeholders to offer our help in whatever way we can.  We will provide updates as appropriate.

An updated statement on the approach the BIPA members will take during this period was released on April 22nd and can be found in the News section.

 

The Association’s primary purpose is to promote economic growth and reduce financial crime by facilitating access to business information. This information is essential because it helps to reduce the risk inherent in business transactions; deters fraud; and facilitates the granting of credit.


Secondly, the Association facilitates communication between the commercial Credit Reference Agencies, government and the business community to create greater awareness of the data held; how this data is used; and how it benefits business decisions and responsible lending.

News

Covid-19 - The Commercial credit reference agency industry primarily exists to facilitate the granting of commercial finance and trade credit by lenders and suppliers and this is going to be extremely important as the economy navigates its … Read more