“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?

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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.

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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.

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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.

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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.

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Creditinfo Group wins contract with Central Bank of Oman for the Implementation & Support of Oman Credit Bureau “OCB”

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

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Agrifinance and Scoring: Georgia’s Case

When you walk down lively Tbilisi downtown all your senses are filled with a mixture of western and eastern cultures. You can see something amusing on every corner — an old orthodox church, sulfur baths and of course many street traders selling all kind of stuff. You should try churchkhela, candle-shaped candy made of nuts and grape juice. Small traders together with farmers, shop owners and craftsmen are the hallmark of Georgia and they are a vital part of country’s economy.

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Business Daily: Creditinfo – the "best man" at banking and fintech marriage

“Discussions about fintech taking over banking are becoming last year’s debate; the situation is now more nuanced. Some of the largest investors in fintech now are banks, and we are staring to see mainstream leaders acquire, adopt or develop some of the new technologies. ”

Article by Paul Randall, Executive Director at Creditinfo Decision Analytics; Steven Kunyiha, CEO of Creditinfo Kenya and Alexandra Aproyants, Senior Consultant at Creditinfo Decision Analytics.

Read more here.