Credit Unlocks a Better Life
World-wide, credit opens doors of opportunity for businesses and consumers. But what unlocks credit? The ability to identify people and determine their creditworthiness. Only by enabling lenders to accurately identify people and then review their credit histories, can they create safe banking relationships.
Traditionally, credit bureaus use ID numbers to represent each person, but simple ID numbers can be stolen. CreditRegistry had a better idea: use fingerprint and facial-recognition technology to enable easy, risk-free access to credit information virtually immune to identity theft.
What our customers are saying
Chief Operating Officer
Rosabon Financial Services
“CreditRegistry’s credit report has become a very useful debt recovery tool, saving us several millions of Naira in delinquent accounts. This further demonstrates the power of credit reporting as an effective social accountability mechanism."
Country Head, Retail Banking Group
Ecobank Nigeria Plc
“CreditRegistry’s anti-fraud solutions helped us verify customers’ identities and detect multiple credit card applications."
Head, Enterprise Risk Management
Skye Bank Plc
“Following our selection of CreditRegistry as one of our credit bureau providers, we are excited to fully incorporate credit checks as part of our risk management process. The pilot was hugely successful with a 70% hit rate on credit enquiries. We also found the credit reports to be quite detailed, providing us with useful information for loan assessment and recovery.”
Head, Risk Management
FBN Mortgages Ltd
“CreditRegistry desktop application is simple to use while the credit report is clear and unambiguous. We look forward to using these reports to track our customers and reduce loan default.”
Group Head, Credit Risk Management
Aso Savings & Loans Plc
“CreditRegistry reports are concise, detailed and easy to understand. This has become a critical part of our risk management process, enabling us to effectively grow our revenues while managing the risk of doing so.”