Credit Bureau: Towards a new generation of services

Translated version of the interview with Sidimohamed Abouchikhi, CEO of Creditinfo Morocco.
Image credit: Finance News.
Interview by Momar Diao
Assessing credit risk of SME’s and how credit scoring can transform SME’s

Paul Randall was recently at the Kafalah SME Financing Conference in Riyadh, Saudi Arabia, and he tackled these 2 questions during the panel discussion.
What are the specific challenges of assessing credit risk of SMEs as compared to larger firms and how can fintech can help lenders address those?
Paul Randall at the Kafalah SME Financing Conference 2019

Kafalah SME Financing Conference was held in Riyadh, Saudi Arabia where they discussed current financing for SME’s in Saudi Arabia,how to build relationships between private and public FIs, government agencies and legislative bodies that support financing, current and future finance opportunities for specific business sectors and how to increase awareness of the most current international practices for financing SMEs.
When challenge meets opportunity: Meet Ruby, a Creditinfo success story

The true spirit of an entrepreneur comes down to passion and determination. At Creditinfo, we meet entrepreneurs every day, and it’s our goal to support these budding business men and women with the appropriate tools, knowledge and access to finance.
“Smartphone information can be sufficient to make a credit decision”

ARTICLE – IQ MAGAZINE INTERVIEW IN LITHUANIA WITH STEFANO STOPPANI
ECONOMICS | DATA ECONOMICS
“Smartphone information can be sufficient to make a credit decision”
Millennials will eventually stop from carelessly distributing information about themselves, but accessible data have a bright side too, thinks Stefano M. Stoppani, the CEO of “Creditinfo Group”, uniting 33 credit bureaus around the world. A discussion held by IQ reporter, Vilius Petkauskas.
Recently, “The Economist” compared data to oil and affirmed that the importance of the former in the XXI century will overpower the black gold. Would you agree with such a statement?
Creditinfo Group Expands Middle Eastern Presence with New Regional Office

PRESS RELEASE
Creditinfo opens new facility in Muscat, Oman to enhance services offered to customers in region
Muscat, Oman, 12 March 2019 – Today, Creditinfo Group, a leading provider of global credit information and fintech services, announces that it is expanding its footprint in the Middle East with the creation of Creditinfo Gulf, the organisation’s regional hub in Muscat, Oman. The new office will support current and prospective Creditinfo clients, with access to a wealth of global expertise, knowledge and technology to enhance the existing financial infrastructure in the region.
Utilizing subscriber training to inform sales strategy

CREDITINFO GUYANA
In an emerging economy where the credit reporting industry is in a fledgling state the requirement for awareness building extends beyond general consumer awareness to educating the community of potential subscribers. Given its experiences in developing the credit reporting market, Creditinfo Guyana has taken the decision that in addition to implementing a general public relations programme to also embark on an extensive ‘training’ programme for current and potential subscribers.
Credit Information Bureau of Sri Lanka strengthens financial infrastructure with Creditinfo Group

PRESS RELEASE
Credit Information Bureau of Sri Lanka (CRIB) and CreditInfo enter into strategic partnership to enhance its credit bureau services in the country.
Creditinfo combats Synthetic Identity Fraud for the Kenyan mobile lending market

PRESS RELEASE
According to a recent article by Mckinsey, many fraudsters are now using fictitious, synthetic IDs to draw credit. Applying for credit using a combination of real and fake, or sometimes entirely fake, information creates synthetic IDs. The act of applying for credit automatically creates a credit file at the bureau in the name of the synthetic ID, so a fraudster can now set up accounts in this name and begin to build credit.
Creditinfo Group wins contract with Central Bank of Oman for the Implementation & Support of Oman Credit Bureau “OCB”

PRESS RELEASE
Creditinfo joins forces with Central Bank of Oman (CBO) to implement a world class Credit Bureau in the Sultanate