In Morocco, Financial Inclusion seen as key to Development
Last October, King Mohammed VI of Morocco made a speech to mark the beginning of the new session of Parliament. In the yearly address which traditionally signals the general policy direction for the next 12 months, he called on banks and financial institutions to play “a greater role” in the country’s development. He specifically referred to “simplifying and facilitating access to loans…. and financing the creation of small and medium sized enterprises.”
Trusting Creditinfo Bureau Score in a Crisis
The quality of predictive algorithms plays a crucial role in Creditinfo operations. We strive to help our Clients perform efficient credit decisions through smart and innovative use of data.
The financial inclusion conundrum in developed economies
By Stefano Stoppani – CEO, Creditinfo Group
Last month, consumer champions Which? revealed the findings of research into the state of the UK banking sector – with a somewhat bleak conclusion. The top line of the study? A third of all UK bank and building society branches have closed over the last four and half years. Of those that remain on our high streets, opening times have narrowed.
Coremetrix Psychometric Profiles: Do you really know your customer?
By David Kaufer (Senior research psychologist at Coremetrix)
I used to live in a small town where everyone knew everyone. I don’t live there anymore – not even in the same country or continent. I grew up and moved on, but deep inside I still have a sweet spot for this town because of the memories; memories of the countryside, my primary school, my family, neighbours, playmates, teachers and local merchants.
“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.
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.
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 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
Creditinfo inks contract with Housing Finance Kenya
The Housing Finance Company in Kenya have introduced mobile lending this summer and chose to use Creditinfo’s Instant Decisions as the one and only decision-making tool. They chose an in-house installation back in June and then, after several weeks of consultancy and strategy design project, we have come together with the customer to the point where we have a very complex strategy with 3 different Credit Limit Allocation matrices, matching competition’s limit and limit allocation as a function of previously received loans. After successful pilot in July, August they opened it for a wider population, and just recently, in November, to the entire Kenyan population, through all channels – iOS, Android and USSD – and they had a big marketing campaign for USSD customers that had its apogees last week, starting November 18th 2018.
