Interest Rate Capping, Market Killer or Innovation Catalyst?

The Central Bank of Kenya (CBK) is set to conclude a study on the law capping interest rates and its impact on the economy, CBK Chairman Mr. Mohamed Nyaoga announced on Tuesday, April 25th. On the same day, Creditinfo Kenya and Creditinfo Academy organised an exclusive meeting for professionals from the financial sector to acquire inspirational observations and insights on the current situation in the Kenyan credit risk management market and acquaint themselves with solutions to the challenges faced by the need to reduce losses and improve productivity.

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Fraud Risk Assessment, the Process, getting it right

Nolan Williams is a consultant and global expert in Operational, safety, security and Fraud risk management services. On Thursday, 25th February 2016 we had a pleasure to introduce him as a speaker of Creditinfo Academy.

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Creditinfo Academy webinar BENCHMARKING by Alexandra Aproiants

Our colleague Alexandra Aproiants from Creditinfo Solutions, Prague was recently presenting the Benchmarking solution. Benchmarking reports focus on showing trends over time that enable credit grantors to make objective strategic decisions and to fully understand the impact on the business and customer portfolio of any changes in trends, which can help to better drive credit risk, product growth and marketing strategies. In addition, the effectiveness of past strategies can be assessed highlighting any differences from industry norms and any influencing factors.

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Creditinfo win tender in Latvia

Creditinfo continues to extend its push globally increasing its support to its clients and partners, having won the international tender to develop a credit bureau system organized by major credit institutions in Latvia. Joining forces with major industry players paves the way to creating a world class credit bureau that serves the needs of all industries in Latvia.

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eBusiness Pass by Arnault Morin, VoLo

Today we had a presentation provided by Mr. Arnault Morin,  Chief Information Officer for VoLo, on one of their smart products, the eBusiness Pass.

The eBusiness Pass is a business intelligence and operations platform that allows companies to access multiple opportunities for growth. It shows specific information of the Micro Small and Medium Enterprises.

You can watch Arnault’s webinar here on YouTube:

Credit Bureau Solution CBS5 by Alexander Novoselov

alex novoToday, Alexander Novoselov (known to his friends and colleagues as Sasha) , Senior Business and Software Analyst at Creditinfo Solutions, gave the Creditinfo Academy a presentation on CBS5.  This is Creditinfo’s Credit Bureau Solution.  

Sasha showed us how the software works and some of the typical data that the system collects and the type of information it outputs, i.e. a credit score and a credit report.

You can watch Alex’s presentation video here: Vimeo

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Credit Lifecycle Solutions and Predictive Analytics

Alexander Lazarov

Alexander Lazarov – CEO of Creditinfo Solutions.

Way too often we meet with Financial Institutions who manage their customer portfolios mainly manually and through judgmental decisions.

This is true of companies spanning the array from Tier 1 Banks to small MFIs. And it encompasses essential business management points, such as Leads generation, Lending approval, Credit Limit assignment, Pricing, Collections and Fraud Prevention.

We have encountered this needless issue in every geographical region.

Conversely, the Industry Best Practices show that taking such decisions in automated environment and based on Predictive Modeling leads to more efficiency, effectiveness and customer satisfaction. Ultimately, this leads to improved KPIs and helps the company to achieve its corporate goals.

Before we analyze the typical obstacles to the adoption of Automated Decisioning, let us briefly examine its main financial advantages and soft benefits. Continue reading »

Creditinfo Academy visits Tanzania

Working through a case study

Working through a case study

Creditinfo Tanzania, the first licenced credit bureau in Tanzania, provided yet another first of its type for the country, a “Credit” themed training programme delivered by Creditinfo Academy. The training was held at the prestigious Serena Hotel in Dar es Salam on 4th and 5th February 2014.

The training covered many areas including the use and understanding of credit bureau data, how credit scoring works and scorecard development. Most sessions were interactive to provide active involvement and help learning. Continue reading »