BISZ

What BISZ does

BISZ Központi Hitelinformációs Zártkörűen Működő Részvénytársaság (BISZ Central Credit Information Plc.) is the operator of Hungary's statutory central credit registry (KHR) under Act CXXII of 2011, founded in 1994 by eight leading Hungarian banks and, since July 2014, ultimately 100% owned by the Magyar Nemzeti Bank (Hungarian National Bank) through its holding company GIRO Zrt. The company runs an integrated suite of closed-system registries covering consumer and business credit agreements, payment defaults, fraud events, insolvency records, and free cash withdrawal statements, all accessed by Hungarian banks, savings cooperatives, leasing companies, and other credit institutions under legal mandate. Beyond KHR, BISZ operates the Jövedeleminformációs Rendszer (JIR) jointly with NAV and MNB for electronic income verification, the Central Register (KPKNY) for free cash withdrawal statements, KHR-Early Warning for business credit position monitoring, the MNB-developed PD Calculator for SME default probability, and the tiered BISZ-Info market intelligence subscription platform.

BISZ's technology stack is a regulated, closed data infrastructure designed for confidentiality, integrity, and availability of personal, business, and banking data. All consumer and business credit data flows are encrypted, the registry is integrated with NAV's tax platform for income statements and with MNB's regulatory and payment infrastructure, and the system became continuously available 24/7/365 from June 2025. The company maintains integrated ISO 9001:2015 and ISO/IEC 27001:2022 certifications, evidencing operational maturity in quality and information security management.

The business model combines multiple revenue streams: usage-based KHR query fees (H-1 notice), Early Warning subscription fees (E-1 notice), tiered annual BISZ-Info subscriptions (Alap through Optimum), JIR income verification transaction fees (J-1 notice), KPKNY fees (K-1 notice), PD Calculator access (H-3 notice), and project-based DataManager services for portfolio acquisitions. Pricing is governed by published regulatory fee notices rather than negotiated list prices, and BISZ sells exclusively B2B to Hungarian financial institutions and B2C for individual data access requests. Consumer self-service has been progressively digitized through Ügyfélkapu integration (2023) and the 'Írjon nekünk' web inquiry function. Annual industry engagement is anchored by the BISZ Elemzői Klub (BEK) conference, which convenes Hungarian banking sector leadership at the Hungarian Academy of Sciences.

Name

BISZ

Legal name

BISZ Központi Hitelinformációs Zártkörűen Működő Részvénytársaság

Website

https://bisz.hu

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

BISZ operates Hungary's statutory central credit registry (KHR) under Act CXXII of 2011, providing credit information, income verification (JIR), early warning, PD analytics, and market intelligence to Hungarian banks and financial institutions. The company is ultimately 100% owned by the Magyar Nemzeti Bank via GIRO Zrt.

Ownership category

akta.pro rank

Product category

Credit Information Services

NAICS

Credit Bureaus (561450)

SIC

Finance Services (6199)

akta.pro primary industry

Regulator/Authority-Operated Reporting Systems & Portals (FSAFAJAJ)

akta.pro secondary industry

Regulatory Reporting & Recordkeeping (AML/CTF) (FSAMAMAG)

Keywords

• Credit information services
• Central credit registry
• Credit bureau data
• Consumer credit reporting
• Financial data infrastructure

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Credit reference data services (KHR): BISZ provides financial institutions with credit data queries from the KHR registry. Institutions authorized under Act CXXII of 2011 subscribe to the KHR to query credit data and submit customer credit data. This is the core statutory service. Pricing is governed by published notices (H-1 for KHR usage fees, E-1 for Early Warning).
2. BISZ-Info market intelligence subscription: Tiered subscription service providing credit market statistics, performance indicators, and peer benchmarking. Five service tiers: Alap (Basic), Normál (Standard), Emelt (Advanced), Emelt Plusz (Advanced Plus), Optimum. Revenue is recurring subscription-based with tiered access to data depth.
3. JIR income verification data transmission: BISZ mediates electronic income statement transmission from NAV to financial institutions for credit assessment. Governed by J-1 pricing notice. Income data is encrypted end-to-end and automatically deleted after retrieval by the financial institution.
4. PD Calculator and Early Warning services: Additional KHR-adjacent analytical services for financial institutions: PD Calculator for SME default probability (H-3 notice) and Early Warning for credit position monitoring (E-1 notice).
5. DataManager (acquisition data handling): Service enabling financial institutions to manage large-scale data movements (thousands of records) associated with acquisitions such as bank mergers, loan portfolio transfers, and receivables sales. Enables fast and seamless processing of portfolio acquisitions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

BISZ operates Hungary's statutory Central Credit Information System (KHR) under Act CXXII of 2011, maintaining a closed-system database of consumer and business credit agreements for sharing among Hungarian banks and credit institutions. It also runs the JIR Income Information System (jointly with NAV and MNB), the BISZ-Info market intelligence platform, Early Warning services, and PD Calculator for SME credit risk modeling.

Differentiator

Problem solved

Functional benefit

Products and services

• KHR – Central Credit Information System Hungary's centralized credit registry containing full positive and negative credit histories for consumer and business credit agreements, defaults, fraud, and credit applications. Banks and credit institutions query KHR during credit assessment and submit customer credit data under Act CXXII of 2011. Available 24/7/365 since June 15, 2025.
• JIR – Jövedeleminformációs Rendszer (Income Information System) Digital income verification service allowing borrowers to share 12-month income statements from NAV directly with financial institutions via encrypted transmission. Service is free for individuals; financial institutions pay per the J-1 pricing notice. Covers approximately 85% of Hungarian financial institutions by balance sheet total.
• BISZ-Info Market Intelligence Platform Web-based platform providing statistical market data, performance indicators, credit portfolio analytics, and peer benchmarking for Hungarian financial institutions. Delivers weekly/monthly/quarterly credit market statistics with regional and product-level filtering across five subscription tiers (Alap, Normál, Emelt, Emelt Plusz, Optimum).
• KHR-Early Warning (EW) Subscription-based alerting service for financial institutions providing rapid, authentic-source information on changes in business credit positions and payment ability. Pricing governed by E-1 notice.
• PD Calculator (PD Kalkulátor) Default probability estimation tool for micro, small and medium enterprises, using models developed by the Hungarian National Bank (MNB). Available to financial institutions under H-3 pricing notice since December 2016.
• DataManager Service enabling financial institutions to manage large-scale data movements (thousands of records) associated with acquisitions such as bank mergers, loan portfolio transfers, and receivables sales. Enables fast and seamless processing of portfolio acquisitions.
• KPKNY – Central Register for Free Cash Withdrawal Statements Central registry of consumer statements enabling free cash withdrawals, managed under Act LXXXV of 2009 (Payment Services Act). Enables identification of free cash withdrawal eligibility across financial institutions. Pricing governed by K-1 notice.

Quantifiable outcome

• ~85% of Hungarian financial institutions by balance sheet total are connected to the JIR service
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Magyar Nemzeti Bank (MNB / Hungarian National Bank)coreStrategic or Co-development Partner · 1 February 2020MNB organized the Jövedeleminformációs Rendszer (JIR) jointly with BISZ and NAV. MNB is BISZ's ultimate parent via GIRO ownership. MNB also authorized BISZ's credit reference activities under H-EN-I-552/2014 and H-EN-I-22/2023 decisions. MNB developed the PD Calculator model used in BISZ services.
• NAV (Nemzeti Adó- és Vámhivatal / National Tax and Customs Administration)coreStrategic or Co-development Partner · 1 February 2020NAV provides verified income data to the Jövedeleminformációs Rendszer (JIR), enabling electronic income verification for credit assessments. BISZ mediates the secure transmission of income statements from NAV to financial institutions. The service operates under Act CL of 2017 (Art.) 131 § (24). NAV manages the eBEV and Ügyfélportál platforms through which users authorize data sharing.
• Hungarian financial institutions (banks, savings cooperatives, credit institutions)coreOthers · 1 January 2018Hungarian banks, savings cooperatives, leasing companies, and other credit providers are both data suppliers to and subscribers of BISZ's KHR. They submit credit agreement data and payment behavior records under statutory obligation (Act CXXII of 2011), and query KHR for credit assessment. They also access BISZ-Info, Early Warning, and PD Calculator services.
• AI Hungary Coalition (Mesterséges Intelligencia Koalíció)minorOthersBISZ is a member of the AI Hungary Coalition (Mesterséges Intelligencia Koalíció), a national initiative promoting artificial intelligence development and adoption in Hungary.
• ACCIS (Association of Consumer Credit Information Systems)minorOthersBISZ is a member of ACCIS, the European association of credit information systems, facilitating international best practice exchange and collaboration among credit bureaus across Europe.

Scale indicators6 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Creditinfo Group: Iceland-origin credit bureau operating credit registries and credit information services across multiple countries, including several CEE and European markets. Directly comparable as a credit registry operator serving financial institutions.
• SCHUFA Holding AG: Germany's leading consumer credit bureau operating under similar statutory mandate and providing centralized credit information to financial institutions. Directly comparable in business model, regulatory positioning, and product scope (credit registry, scoring, identity verification).
• CRIF S.p.A. Italy-headquartered global credit bureau operating both as a credit registry operator and commercial credit information provider. Closely comparable in business model and product portfolio, with operations in multiple CEE markets adjacent to Hungary.

Broad incumbents

• Experian plc: Global credit information and analytics provider operating across consumer and business credit reporting. Larger incumbent with overlapping capabilities in credit data, analytics, and decisioning but serving much broader markets beyond BISZ's Hungarian scope.
• TransUnion LLC: Global credit information company operating in over 30 countries, including several in Central and Eastern Europe. Comparable as a credit information provider but at significantly greater scale and broader scope than BISZ.
• Equifax Inc. Global credit bureau offering consumer and business credit information, analytics, and verification services. Broad incumbent with significantly larger scale and broader product portfolio than BISZ, serving global markets.

Regional players

• Biroul de Credit (Romania): Romania's leading credit bureau, originally founded by banks and now operating a centralized credit information system. Regional peer providing similar consumer and business credit reporting services in a neighboring CEE market.
• CNB - Czech National Bank (registry operator): Czech central bank's SOLUS registry and banking credit registry operations in the Czech Republic. Regional peer operating similar statutory central credit registry infrastructure in a neighboring CEE market, directly comparable in mandate and structure.

Others

• GIRO Zrt. Hungarian payment system infrastructure operator and BISZ's direct parent company. Owns and operates Hungary's national payment clearing infrastructure; ecosystem enabler providing interbank settlement and the corporate channel through which BISZ accesses MNB.
• ACCIS (Association of Consumer Credit Information Systems): European industry association of credit bureaus and credit registries (of which BISZ is a member). Enables peer comparison and benchmarking; not a competitor but an ecosystem participant facilitating best-practice exchange.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bisz-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BISZ