In Morocco, Financial Inclusion seen as key to Development
Last October, King Mohammed VI of Morocco made a speech to mark the beginning of the new session of Parliament. In the yearly address which traditionally signals the general policy direction for the next 12 months, he called on banks and financial institutions to play “a greater role” in the country’s development. He specifically referred to “simplifying and facilitating access to loans…. and financing the creation of small and medium sized enterprises.”
How alternative data can help unbanked population acquire traditional loans
By Dmitry Borodin, Head of Risk Analytics at Creditinfo Group
In societies of Digital Nomads, working from home Millennials, global migrations and emerging economies, lenders are often facing a shortage of relevant data to score and assess a big pool of population. Consequently, lenders are often unable to make decisions on so called ‘thin files’ due to a lack data. Thin file customers then remain excluded from formal finance.
Coremetrix Psychometric Profiles: Do you really know your customer?
By David Kaufer (Senior research psychologist at Coremetrix)
I used to live in a small town where everyone knew everyone. I don’t live there anymore – not even in the same country or continent. I grew up and moved on, but deep inside I still have a sweet spot for this town because of the memories; memories of the countryside, my primary school, my family, neighbours, playmates, teachers and local merchants.
Dublin fintech Trezeo clinches vital UK regulatory approval
Gig economy fintech Trezeo has just become the first income-smoothing service to receive authorisation from the Financial Conduct Authority, the UK’s financial regulator.
BUSINESS DAILY: Creditinfo unveils scoring system based on personality in Kenya
“The integration of innovative credit evaluation solutions based on personality features with a robust credit bureau system such as CBS will enable the Kenyan market to have a tangible competitive advantage in the area of credit,” said Kamau Kunyiha, CEO of Creditinfo Kenya. In partnership with Coremetrix.
Coremetrix for financial inclusion
Financial Technology is often seen as a sector that works for those who are already winning: something to help sophisticated users of personal and commercial finance streamline their access. It performs that function, of course, and many of us have seen our professional and personal lives enriched as a result. But FinTech also has an essential role to play in opening access, as well as improving it.
At Coremetrix, we are committed to realising that potential. Part of the Creditinfo Group, we believe data on individuals – obtained voluntarily, and focusing on personality rather than the information used for traditional credit scoring – can broaden access to financial products of all kinds. Lenders and other financial institutions across international markets agree with us, and we are partnering with a number of them to provide access to credit and other services based on who people are, not what they can prove. Continue reading »
Coremetrix are hiring!
As you may know, Coremetrix recently became part of the Creditinfo Group of companies and also moved into lovely new offices in Central London W1. They are now hiring for 2 new roles:
- Risk Modeling Specialist – see more info about the role and how to apply here
- Sales Manager – see more info about the role and how to apply here
- DevOps Manager – see more info about the role and how to apply here
You can find out about Coremetrix at www.coremetrix.com
Compuscan partners with Coremetrix to bring innovative personality-based credit assessment to South Africa
Strategic partnership with Coremetrix, a company powered by Creditinfo, to improve financial inclusion amongst underserved consumers in South Africa.
Compuscan, one of the largest independent credit bureaus in Africa, has established a strategic partnership with Coremetrix, a UK-based company powered by Creditinfo, the world’s leading creator of psychometric data for consumer risk assessment. The new initiative will enable Compuscan’s clients to assess consumers with limited credit information and those who are considered a marginal risk using a psychometric quiz that will complement traditional scoring techniques.
