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Schufa
Schufa Holding AG (german: Schutzgemeinschaft für allgemeine Kreditsicherung; English: ''General Credit Protection Agency'') is a German private credit bureau supported by creditors. It has its headquarters in Wiesbaden, the capital of Hessen, Germany. Schufa's purpose is to protect its clients from credit risks. It also offers protection from insolvency to borrowers. Schufa has 943 million records on 67.7 million natural persons, and 6 million companies. Schufa processes more than 165 million credit checks each year. Of those, 2.5 million are self-checks by citizens. Schufa employs 900 people (as of 2019). In 2016 Sales amounted to approx. 190 million Euros. Hamburg's former finance senator Michael Freytag has been board chairman of Schufa Holding AG since 1 November 2010. The chairman of the supervisory board is Michael Breuer (President Rheinischer Sparkassen- und Giroverband). As of early 2022, Swedish investor EQT is trying to acquire Schufa from its current owners, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Freytag
Michael Freytag (born 4 May 1958 in Hamburg) is a German politician, jurist, former minister of finance of Hamburg and former chairman of the CDU Hamburg. Life and work After finishing school in 1977 at Wandsbeker Matthias-Claudius-Gymnasium, Freytag first completed an apprenticeship as a bank clerk and then studied law at the University of Hamburg. For some time he worked in overseas offices of the Federal Republic of Germany in Chicago and at the German Business Association of Hong Kong. In 1990 he graduated with a PhD thesis on the possibilities and limits of parliamentary reform of the German Bundestag. From 1991 to 2001, Michael Freytag worked in corporate banking at Deutsche Bank. Following this, Freytag moved full-time into politics. Michael Freytag, is married and has three children. Party In 1982, Freytag became a member of the district assembly in Hamburg-Nord for the CDU. There, he was Chairman of the CDU parliamentary group from 1986 to 2000 and from 2000 to 2007 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Bureau
A credit bureau is a data collection agency that gathers account information from various creditors and provides that information to a consumer reporting agency in the United States, a credit reference agency in the United Kingdom, a credit reporting body in Australia, a credit information company (CIC) in India, Special Accessing Entity in the Philippines, and also to private lenders. It is not the same as a credit rating agency. Description A consumer reporting agency is an organization providing information on individuals' borrowing and bill-paying habits. Such credit information institutions reduce the effect of asymmetric information between borrowers and lenders, and alleviate problems of adverse selection and moral hazard. For example, adequate credit information could facilitate lenders in screening and monitoring borrowers as well as avoiding giving loans to high risk individuals. Lenders use this to evaluate credit worthiness, the ability to pay back a loan, and can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Bureau
A credit bureau is a data collection agency that gathers account information from various creditors and provides that information to a consumer reporting agency in the United States, a credit reference agency in the United Kingdom, a credit reporting body in Australia, a credit information company (CIC) in India, Special Accessing Entity in the Philippines, and also to private lenders. It is not the same as a credit rating agency. Description A consumer reporting agency is an organization providing information on individuals' borrowing and bill-paying habits. Such credit information institutions reduce the effect of asymmetric information between borrowers and lenders, and alleviate problems of adverse selection and moral hazard. For example, adequate credit information could facilitate lenders in screening and monitoring borrowers as well as avoiding giving loans to high risk individuals. Lenders use this to evaluate credit worthiness, the ability to pay back a loan, and can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West German
West Germany is the colloquial term used to indicate the Federal Republic of Germany (FRG; german: Bundesrepublik Deutschland , BRD) between its formation on 23 May 1949 and the German reunification through the accession of East Germany on 3 October 1990. During the Cold War, the western portion of Germany and the associated territory of West Berlin were parts of the Western Bloc. West Germany was formed as a political entity during the Allied occupation of Germany after World War II, established from eleven states formed in the three Allied zones of occupation held by the United States, the United Kingdom, and France. The FRG's provisional capital was the city of Bonn, and the Cold War era country is retrospectively designated as the Bonn Republic. At the onset of the Cold War, Europe was divided between the Western and Eastern blocs. Germany was divided into the two countries. Initially, West Germany claimed an exclusive mandate for all of Germany, representing itself as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1927 Establishments In Germany
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album '' Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stiftung Warentest
Stiftung Warentest is a German consumer organisation and foundation involved in investigating and comparing goods and services in an unbiased way. It was founded on 4 December 1964 by the Federal Republic of Germany as an independent foundation under civil law. It is based in Berlin. Beyond its subscriber base and media coverage, content from Stiftung Warentest can be disseminated through word of mouth. Aims and importance Stiftung Warentest has an important role in two main areas. On the one hand it has the task of comparing objective aspects such as usefulness, functionality and environmental impact, and on the other hand it has the mission of educating consumers so they can learn how to make best use of the income available to them and behave in a health promoting and environmentally aware way. Due to its very well known and established reputation as an independent and reliable organization, the foundation has a considerable influence on the buying behavior of consumers. G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customer Analytics
In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Etymology and terminology Early societies relied on a gift economy based on favours. Later, as commerce developed, less permanent human relations were formed, depending more on transitory needs rather than enduring social desires. Customers are generally said to be the purchasers of goods and services, while clients are those who receive personalized advice and solutions. Although such distinctions have no contemporary semantic weight, agencies such as law firms, film studios, and health care providers tend to prefer ''client'', while grocery stores, banks, and restaurants tend to prefer '' customer'' instead. Clients The term client is derived from Latin ''clients'' or ''care'' meaning " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Commissioner For Data Protection And Freedom Of Information
The Federal Commissioner for Data Protection and Freedom of Information (BfDI, german: Bundesbeauftragter für den Datenschutz und die Informationsfreiheit), referring to either a person or the agency they lead, is tasked with supervising data protection as well as acting in an ombudsman function in freedom of information. The latter was introduced with the German Freedom of Information Act on 1 January 2006. In 2016, it became an independent federal agency in accordance with EU regulations.Sertan Sanderson (17 June 2015)Commissioner slams data retention policies'' Deutsche Welle''. Organization Before the commencement of the German Freedom of Information Act, the title was "Federal Commissioner for Data Protection (BfD)". The German Federal Government nominates him and the German Bundestag German(s) may refer to: * Germany (of or related to) ** Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oberlandesgericht
An ''Oberlandesgericht'' (plural – ''Oberlandesgerichte''; OLG, en, Higher Regional Court, or in Berlin '' Kammergericht'': KG) is a higher court in Germany. There are 24 OLGs in Germany and they deal with civil and criminal matters. They are positioned above state courts ( ''Landgerichte'') and below the Federal Court of Justice (''Bundesgerichtshof''), in family and child law above the district courts (''Amtsgericht'') and below the Federal Court of Justice. In the ''Oberlandesgerichte'', the offices of the ''Generalstaatsanwaltschaft'' or district attorney general are located. In criminal cases that are under primary jurisdiction of the Federal Court of Justice (i.e., cases concerning national security), the Oberlandesgerichte act as branches of the Federal Court of Justice, that is, as "lower federal courts" (''Untere Bundesgerichte''). As pe§ 120, OLGs have original jurisdiction (''Erstinstanz'') over crimes against public international law under the Völkerstrafgesetz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Court Of Justice Of Germany
The Federal Court of Justice (german: Bundesgerichtshof, BGH) is the highest court in the system of ordinary jurisdiction (''ordentliche Gerichtsbarkeit'') in Germany, founded in 1950. It has its seat in Karlsruhe with two panels being situated in Leipzig since 1997 and 2020, respectively. It is the supreme court (court of last resort) in all matters of criminal law and private law. A decision handed down by the BGH can be reversed only by the Federal Constitutional Court of Germany on constitutionality (compatibility with the Basic Law for the Federal Republic of Germany) grounds. History Before the Federal Court of Justice of Germany was created in its present form, Germany had several highest courts: As early as 1495 there was the ''Reichskammergericht'', which existed until 1806. As from 1870, in the time of the North German Confederation, there was the ''Bundesoberhandelsgericht'' in Leipzig. In 1871, it was renamed to '' Reichsoberhandelsgericht'' and its area of res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bundesdatenschutzgesetz
The German (BDSG) is a federal data protection act, that together with the data protection acts of the German federated states and other area-specific regulations, governs the exposure of personal data, which are manually processed or stored in IT systems. Historical development 1960–1970 In the early 1960s, consideration for comprehensive data protection began in the United States and further developed with advancements in computer technology and its privacy risks. So a regulatory framework was needed to counteract the impairment of privacy in the processing of personal data. 1970–1990 In the year 1970, the federal state of Hesse passed the first national data protection law, which was also the first data protection law in the world. In 1971, the first draft bill was submitted for a federal data protection act. Finally, on 1 January 1978, the first federal data protection act came into force. In the following years, as the BDSG was taking shape in practice, a technical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
