New insurance claims database launched in Iceland
As of January 15 2019, the four Icelandic general (non-life) insurance companies will start using a new claims database for the Icelandic Financial Services Association (SFF) run by Creditinfo. The database will be used to counter organized insurance fraud, as it has been on the increase in relation to organized crime. According to a statement by the Icelandic Police, these groups seem to have found a loop hole in insurance fraud cases in Iceland.
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.
Guyana – Successes driven by One Creditinfo at Work
Creditinfo from data provider to trusted industry leaders; a case study from Guyana
Ben Riley, Global Consultant Creditinfo and David Falconer, Sales Manager Creditinfo Guyana
In many ways the country of Guyana is unique. Considered part of the Caribbean region even though it is on the South American mainland. The only English speaking country in South America more interested in cricket than football. On the lowest population density countries on earth (just behind Iceland) but with 30% of that population residing in the capital city of Georgetown. However in the area of Credit, Guyana is proving again that a Creditinfo Credit Bureau can by the driving force behind market development and the opening up of affordable credit to all.
Consumer lenders in Latvia obliged to exchange full positive credit history via Credit Bureaus
PRESS RELEASE
Changes in Consumer Protection Law adopted by Saeima (Latvian Parliament) obliging consumer lenders to exchange positive credit information about consumer and to use this information in assessment of creditworthiness is a positive step, said “Kredītinformācijas Birojs”.
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.
Creditinfo and Da Afghanistan Bank sign multi year SLA
Creditinfo continues to successfully develop and grow the project for the central bank, Da Afghanistan Bank (DAB). Earlier this month, adding to the existing project, DAB contracted with Creditinfo a further multi-year Service Level Agreement (SLA) where Creditinfo’s expert team of programmers, analysts and consultants, will continue to service and maintain the DAB’s credit bureau solution, CBS5. Creditinfo’s CBS5 system is fully integrated into DABs credit information and risk management processes. Continue reading »
CIS celebrate their new office space
Creditinfo Solutions have opened their doors to a new refurbished office space. It looks very modern and bright, creating a really great work environment for our colleagues in Prague. To celebrate the launch and as a small thank you for their patience over the last 5 weeks working amongst the noise, decorators and disruption.
On the day the office doors fully re-opened a Cupcake was placed on everyone’s desk along with an invitation to the Friday afternoon party.
Check out the photos from the party below:
Happy Halloween!
Our colleagues at Creditinfo Solutions in Prague, Czech Republic are celebrating All Hallow’s Eve in style. You can see in the photos, Almar (CEO, Creditinfo International) was a cowboy. At the team meeting, he made a grand entrance, strutting his cowboy boots to the main theme from The Good, The Bad and The Ugly https://www.youtube.com/watch?v=AFa1-kciCb4
Out with the old and in with the new
The offices of Creditinfo Solutions in Prague, Czech Republic are currently undergoing a major refurbishment to enhance the working environment for our employees. Creditinfo staff are highly valued and we want to ensure that they look forward to coming to work each day by improving their working conditions. We are investing in improving our facilities to boost morale and to create a work space that will promote more ideas, creativity and innovation throughout the team.
Having fun in Prague!
Hot off the press! The Creditinfo Solutions team felt like shooting each other ….so they did! LOL :o) – don’t worry, only with lasers! Glad to see they are all smiles. It looks a fun night out!
