Creditinfo Group makes progress in Central Asia region and partners with ISHENIM Credit Bureau on developing IFRS 9 models for the entire financial industry in Kyrgyzstan. It is the first sale of the product in that region.
Instant Hit. This is what the newest solution by Creditinfo is. Introducing the Instant Decision Module, a novelty that walks the talk and permits accurate lending decisions in an instant. It is a SAAS solution dedicated to lenders, including digital and mobile lenders from the financial and non-financial sectors, to enable automated accurate credit decisioning. The Instant Decision Module opens more room for more opportunities for established lenders, as it provides automated decision-making in existing institutions and products with really simple integration and minimum IT effort.
After several years of actively listening to the market’s needs and expectations, the international innovator in credit risk management solutions’ – Creditinfo – opens a subsidiary in Asia. Counting the success of the full scope credit bureau solution implementation in Indonesia, launched back in 2017, as well as the positive results from various decision analytics and consultancy services in the region, Creditinfo opens its doors with a dedicated team of top-level professionals based in Singapore to meet the increasing demand for a fresh and innovative approach in credit risk management and fintech, as well to be closer to the company’s existing clients in order to serve them better.
We are proud to launch Creditinfo’s new IFRS products created by Creditinfo Global Solutions.
Today is a special day as we have a movie premiere to announce: THE CREDITINFO STORY – a real short documentary about Creditinfo, or Creditinfo philosophy to be exact, and all of this through the eyes of the company’s founder and Chairman of the Board, Reynir Gretarsson.
The Creditinfo Story is a genuine documentary telling an authentic business story, that started back in 1997. It includes flashbacks on how the business was founded, reminds of what its roots were and displays the core if its DNA, which remains unchanged.
You are welcome to check it out right here.
“When users have to share identifying data with a third party, security risk is high. A new tool puts users in charge of their identity and attempts to make ID management seamless.” Check article by Priyanka Ketkar at TechTarget.
The tango of alternatives and classics in credit risk management and fintech is a beautiful dance that we will enjoy for a few more years to come, it seems. The alternatives challenging the status quo are striving to narrow the gap between the consumer expectations and the ability of current business to meet them, so whoever will manage to close that gap will be able to move the whole party to a completely new dance floor.
Interestingly, these challengers that defy, support or supplement the classic players can be quantified and the number is impressive: more than 35.000 start-ups in the past 5 years. Such numbers don’t show a trend anymore, they show a reality. We believe that sharing is the way to grow together, because most of us share the same goal: a higher level of financial inclusion and this is what counts.
Let’s share and grow faster together, in facilitating access to finance!
Creditinfo and www.dataminingapps.com have agreed to work together to conduct research into the predictive nature of location and mobile call data to enhance the ability to increase access to credit for the unbanked. With more than 2 billion people in the world without formal banking and access to credit it is important innovative methods are found to introduce people to the formal sector.
At Coremetrix we are always on the lookout for new and innovative methods to bolster our analytics toolbox. This allows us to continually generate fresh insights from our rich reserve of psychometric data and to constantly improve our understanding of key underlying factors that drive consumer behaviour. Recently, our risk analytics team have been experimenting with neural networks, and in this post we’d like to share some of our initial experiences.
Creditinfo announces newly integrated identity management system technology with ShoCard, a leading blockchain-based identity management system (IMS), by IMS’s integration into the new Creditinfo app.