“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.
We created this event together, we enjoyed this event together, so let’s continue to cooperate and facilitate access to finance TOGETHER. Thank you All for contributing in making the Creditinfo Group Global Forum 2017 such an international success.
Creditinfo Global Forum 2017 – a tango of alternatives meeting classics in credit risk management and fintech
If the Creditinfo Global Forum 2017 that happened in Marrakech, Morocco on 19-21 September, was to be described in one sentence, only a metaphor could help.
Recently, the Blockchain News channel was reporting about our partnership with ShoCard, a provider of identity verification system that works the way consumers and businesses need it to for security, privacy, and always-on fraud protection.
International Credit Bureau Day: Hundreds of Thousands of Credit Reports for Free on 12 September 2017
On Tuesday, 12 September 2017, most of Creditinfo and partner companies will take part into an international initiative, called the Credit Bureau Day. Hundreds of thousands of credit reports will be provided to business directors free of charge, in order for them to get more familiar with this basic credit information product and thus be able to see a “photograph” of their business in the light of creditworthiness.
Friday 1st September, thousands of credit records started to flow into the Creditinfo Registr — CRKI, new Next Generation Credit Bureau in the Czech Republic, led by Tesa Vitelj, Managing Director.