Consumer Finance Holdings and Coremetrix, a company powered by Creditinfo, open up access to credit in Slovakia
Coremetrix psychometric quiz testing to be used to improve access to mainstream credit amongst underserved consumers in Slovakia. Consumer Finance Holdings (‘CFH’) in Slovakia part of the VUB Group – is the first client in Slovakia to sign up to an exciting new initiative from Coremetrix, the leading provider of psychometric testing for the credit risk sector. The new initiative will enable ‘CFH’ to assess its thin-file and marginal customers with a psychometric quiz besides traditional credit check and scoring techniques.
Coremetrix, a company powered by Creditinfo, and Admiral collaborate to explore the impact of personality on motor insurance risk assessment
Coremetrix, powered by Creditinfo, the world’s leading creator of psychographic data, and Admiral, a leading provider of insurance products in the UK, have established a working group to evaluate how psychometric scoring can support the assessment of risk in motor insurance in the UK.
Creditinfo Academy, part of Creditinfo Group, is a skills development and training provider that delivers generic and customized training services. Our focus, at Creditinfo Academy, is to provide training for clients wanting to develop their skills to improve operational efficiency and overall business performance; as well as train consumers and assist public sector in their quest for financial inclusion.
The 2016 World Consumer Credit Reporting Conference (WCCRC) is a three-day conference to be held in Toronto, Ontario on September 25 to 27. Designed for senior executives representing credit bureaus around the world, along with representatives of lenders, regulators and government officials, conference delegates will participate in a comprehensive agenda to address and debate the most critical and topical issues for the credit reporting industry, both now and in the future. One of the speakers will be Paul Randall, our Director of Business Development.
A strategic partnership between Creditinfo and the largest independent credit bureau in Africa, Compuscan, will drive growth, accelerate innovation and assist organisations in making better informed credit risk management and business decisions in emerging markets. Backed by Actis, the pan-emerging markets investor, Compuscan has invested in a minority share of the international credit information and risk management solutions provider.
Check out more information at http://smartcampaign.org/tools-a-resources/1088 and
The first specialized forum for microfinance organizations the Risk Challenge Micro 2016: Micromarkets. Macroscopes took place in Almaty on the May 15, 2016. The forum was organized by the First Credit Bureau with support of “Damu” Entrepreneurship Development Fund” JSC, National Chamber of Entrepreneurs “Atameken”, Akimat of Almaty, Kazakhstan Association of FinTech organizations (specialized association for Internet-lenders) and others partners.
All of the Guyana’s commercial banks, as well as some major state and non-state service entities, have now signed on as data providers to Creditinfo Guyana Credit Bureau, a development which has created an enabling environment in which larger numbers of persons can, potentially, secure hassle-free and in many instances, badly needed credit.
Jamaica’s loan market was valued at $544 billion throughout the banking system at the end of 2015. Credit-card transactions in that year topped $212 billion. It reflected an annual increase of 10.6 per cent in the value of transactions, while volumes rose 13.5 per cent to 14.7 million transactions, according to Central Bank data.
From May 2016, Creditinfo Jamaica will now provide localised credit scores. Previously, although Creditinfo Jamaica provided access to credit scores since October 2013, the score offered then was based on an expert model. Simply put, the model used then was based on certain features from another market with vast similarities to Jamaica. The localisation of credit scores typically requires nine to 18 months of consecutive data and a rigorous assessment process. The localised score model will help both consumers and lenders as it is more predictable than the expert model and therefore affords a better decision process for subscribers.
We use a lot of data to improve business life but we haven’t been using data that much in a way that it touches the soul. It is not just a bunch of information and numbers, it is something beautiful where you can make great stuff out of it.
In following interesting video you can see how a group of analysts recreate a painting of Rembrandt using technology and data. They start by gathering the data, followed by determining the subject, afterwards they generate the features and in the end they bring it to life. The result is amazing and stunning, if you wouldn’t know it was made with technology you would think it is a real one.
Check out the link because it has to be said, it is amazing what analysts
are doing and can do with data.