Home

|

Contact
Please log on directly:


Forgot password?

I am not yet registered

Take advantage of the experience
from worldwide available partners
in Auriga Credit Network:
Advantage as a creditor
Register now for free

Please log on directly:


Forgot password?


I am not yet a partner

Join the global Auriga Credit Network.
Find out more:
Advantage as a partner
Register now for free

White Paper on the requirements of the GDPR

The GDPR will apply from 25th May 2018. As of that day, debt collection agencies in Europe need to ensure they´re compliant with this new legislation. What does this mean in practice? On behalf of the BDIU, Dr. Kai-Uwe Plath (LL.M. New York) examined the requirements of the General Data Protection Regulation to business activities of debt collection agencies. His most important findings:

Under the regime of the GDPR, Debt collection companies are entitled to collect and process personal data required for collecting the debt.
Processing personal data remains legal without consent, as long as it is nesessary to enforce the rights of a third party (i.e. creditors) or for performance of a contract.

According to the GDPR, the enforcement of claims is a justified interest.
Profiling remains possible for debt collection agencies.

Find more details here.



News

Banking in Europe: EBF publishes 2018 Facts & Figures

• European banks consolidate to boost efficiency and enhance profitability • Total number of credit institutions in the EU down by 31% since 2008 • Non-performing loans are no longer a specific European problem
More...

PAYMENT TERMS REACHED A TEN-YEAR HIGH

Euler Hermes publishes its annual review and forecast of global average Days Sales Outstanding (DSO), based on a sample of 20 sectors and 36 countries.
More...

Payment Behavior

Good news on global growth comes with a significant deterioration in payment terms.
More...

Exchange Rates

1 € (EUR):
AUD 1.61440
CAD 1.52630
CNY 7.91280
GBP 0.90328
HKD 9.09130
INR 83.10350
JPY 129.17000
MYR 4.80880
MXN 22.66000
KRW 1299.75000
CHF 1.12880
THB 38.03500
USD 1.15820
14.11.2018 © EZB

© 2012-2018 Auriga Credit Network Disclaimer  |  Imprint  |  Terms & Conditions  |  Sitemap  |  privacy policy Twitter   Google