Tag: creditinfo

25
Jul

COREMETRIX launches collections scorecard

COREMETRIX, the world’s leading provider of psychographic data, has announced the launch of a new product allowing lenders and debt collection agencies to assess the likelihood of customers recovering after they fall into arrears.

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21
Jul

Business Daily: Creditinfo – the “best man” at banking and fintech marriage

“Discussions about fintech taking over banking are becoming last year’s debate; the situation is now more nuanced. Some of the largest investors in fintech now are banks, and we are staring to see mainstream leaders acquire, adopt or develop some of the new technologies. ”

Article by Paul Randall, Executive Director at Creditinfo Decision Analytics; Steven Kunyiha, CEO of Creditinfo Kenya and Alexandra Aproyants, Senior Consultant at Creditinfo Decision Analytics.

Read more here.

 

 

21
Jun

Creditinfo Group becomes member of BIIA

Starting June 2017 Creditinfo Group becomes member of the Business Information Industry Association (BIIA), which is a trade association for providers of business information services helping businesses manage growth and reduce risk.

BIIA members’ services include information content, platforms, workflow software, decision systems, identity and authentication services, compliance and risk assessment tools. The largest member segments represent consumer credit bureaus, commercial credit information companies, business information and software providers supporting digital commerce.

More information about BIIA is available at www.biia.com

20
Apr

Creditinfo to power Azerbaijan’s First Credit Information Bureau

Baku, Azerbaijan, April 19, 2017 – IFC, a member of the World Bank Group, over 20 local financial institutions and Creditinfo have teamed-up in launching Azerbaijan’s first private credit bureau to enable local financial institutions to better share credit information, manage lending risks, and boost access to finance for borrowers, including SMEs.

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13
Apr

Creditinfo to serve fourth world’s most populated country – starting data flow at PEFINDO

Live data started to flow at Pefindo, the credit bureau in Indonesia powered by Creditinfo. Indonesia being the fourth most populated country in the world, with an estimated population of 260 million, this project illustrates a solid scope-related challenge that a team of more than 60 professionals achieved in approximately 2 years.

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27
Mar

Creditinfo acquires a Kenyan mobile financial services provider to facilitate financial inclusion

On Friday, 24th March 2017, an agreement was signed between Creditinfo Group and Alternative Circle, a Nairobi-based mobile financial solutions innovator, to facilitate financial inclusion in Africa. Seed capital, as well as extensive Creditinfo expertise in classic and alternative credit risk management, will empower Alternative Circle to enable access to consumer data that was unavailable before, therefore lowering barriers to a wider population to get access to finance.

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07
Dec

Central Bank of Iraq to start online credit information exchange

On Tuesday, December 6th, the Central Bank of Iraq announced the launch of online exchange of information between the banks via a credit bureau system. The system, named CBS5, is provided by Creditinfo, who won an international tender initiated by WorldBank. The credit bureau system was built from scratch in only 10 months, including transfer of know how and financial institutions’ education and training in risk management. According to the Central Bank’s official press release, from now on this solution will enable a fast and reliable way to share credit information between government and private banking institutions. The implementation of a modern credit bureau system will contribute in increasing the efficiency of risk assessment in order to make sound credit decisions.

07
Dec

Interview: the President of the Azerbaijan Banks Association about the credit bureau in Azerbaijan

Zakir Nuriyev, the President of the Azerbaijan Banks Association, mentions the benefits of the establishment of a credit bureau in Azerbaijan in his interview for Banco.az. He states that along with banks and non-bank credit institutions, the credit bureau will process much more information on payment behavior than only information on loans. The credit bureau information will include individual, insurance, leasing, telecommunication as well as utility companies’ data, thus allowing to gather more information about borrowers, such as whether they actually pay phone bills, water or electricity invoices.
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22
Jul

Creditinfo Romania

For such a significant increase in New Sales January to June this year compared to last year and their recent success on their data exchange project

romania