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 »
The largest provider of business information in Estonia – Krediidiinfo AS – changes name to Creditinfo Eesti AS
Starting today the largest provider of business information in Estonia – Krediidiinfo AS has been renamed to Creditinfo Eesti AS and will start using the corporate trademark Creditinfo. The change of name relates to the fact that at the beginning of this year 100% of company’s shares have been acquired by Creditinfo Group, the international credit information and credit risk management services provider.
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Benefits of a Credit Bureau in Azerbaijan outlined at the Banking Forum in Baku
The Banking Forum in Baku, Azerbaijan, organized by the Azerbaijan Banks Association, focused on the challenges and perspectives related to the development of the banking system in post-oil period and covered the benefits of opening a credit bureau in the country. This major industry event took place on the 24th and 25th of November, 2016.
Risk Challenge 2016: Big Data Big Money
The First Credit Bureau’s experts and the partners companies have presented the main trends of the lending market and innovations in the banking sector during the Risk Challenge 2016: Big Data Big Money – the largest banking conference in Kazakhstan. The annual event Risk Challenge brings together all participants of the financial market to discuss and exchange views on major issues of the financial sector.
Lithuanian Credit bureau opens up data to innovative companies
Credit bureau Creditinfo is opening up its data to startups and other innovative companies. Company data as well as population statistical data that are held by the credit bureau can be used for developing value-added products: apps, customer behavior predictive models and other solutions that require information.
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.
Creditinfo acquires VisualDNA Credit & Risk business for psychometrics and alternative data
Creditinfo, the international credit information and risk management solutions’ provider, announces the acquisition of VisualDNA’s Credit and Risk business, a leader in the development and use of psychometrics and alternative data to assess behavioural risk in the consumer lending, insurance and retail sectors. Continue reading »
Speaking at 10th World Consumer Credit Reporting Conference
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.
Icelandic Delegation in Georgia
Minister of Industry and Commerce of Iceland visits Creditinfo Georgia
On Tuesday 7th June, Creditinfo Georgia hosted H.E. Ragnheiður Elín Árnadóttir, Minister of Industry and Commerce of Iceland.
Creditinfo created legal precedent in Lithuania to use Big Data in scoring
Supreme Administrative Court of Lithuania ruled out a progress decision in Lithuania allowing to use social data, like Facebook, for creditworthiness. That decision is an important step forward easing the way to develope prediction scores based on Big Data.
