As an industry association, FEBIS strives to look after the common interests of its members. While monitoring new legislation such as data protection laws and insolvency laws, FEBIS also over sees and the application of public sources of data and information. In 1973, some of the leading European credit information agencies joined forces to form the Federation of Business Information Services FEBIS (initially known as FECRO), with its registered office in Frankfurt. Today, FEBIS has developed into a sizable organisation comprising more than 140 Members from all over the world involved in providing Business Information and Debt Collection services both nationally and internationally. Supported by a combined workforce of more than 30,000 employees, FEBIS Members generate over 1.3 trillion Business Information and Consumer reports annually for over 1.6 billion European organizations, providing these clients with invaluable business support. Aggregate sales turnover of associate members is in excess of €12 Billionen.