2020 highlighted just how adaptable, unrelenting, indiscriminate and opportunistic, fraudsters are – 2021 is probably not going to be much different. Through researching and understanding the various contributing factors to the success of fraud, we can be better equipped to combat it. In a recent study by Frédéric Dubout,...
Experian Africa understands the need to drive social innovation in Africa to address the socio-economic issues, such as financial inclusion and exclusion, the continent faces. Supported by the global enterprise, Experian Africa has been awarded funding to develop such innovations on the continent. The innovation culture at Experian in...
This article outlines when it may be necessary to institute legal action as well as how to go about doing it. We shall be looking at who the plaintiff is and who the defendant is as well as the role of the court. We will also take a look...
Already in 2019, the International Finance Corporation in an article on digital financial services predicted that if banks and other financial services providers in Africa “don’t have a digital strategy by now they are at risk of seriously depleting their value proposition to their customers and losing market share.”...
Companies and individuals are embracing digital transformation in Africa. More and more, this is forming part of their strategy to remain relevant, improve customer service, or increase access to financial services their customers wouldn’t usually have access to in the physical world. In the Uganda Vision 2040 statement, it’s...
Compuscan CRB was the first credit reference bureau to enter Uganda and celebrated many years’ success in partnership with the Ugandan government, the Bank of Uganda, various governing bodies and clients. In April 2019, the acquisition of Compuscan by Experian came into effect. One year on, we caught up...
Experian, one of the world’s leading global information services company, has appointed Ferdie Pieterse as the new Chief Executive Officer for Experian Africa. With extensive pan-African experience as an emerging markets executive in numerous C-Suite roles within the financial services sector, Ferdie is well-suited to driving Experian’s expansion into...
The arrival of Open Banking marks a revolution in how Europe’s banks and credit card providers manage and work with their customers. From affordability analysis and fraud prevention to income verification, it’s a root and branch change to their businesses. Coinciding with the second Payment Services Directive (PSD2) and...
Having formally become part of the European banking system in September 2019, Open Banking is enabling lenders to offer businesses and consumers a range of affordable and secure products – and it’s cutting decision times on financial solutions from months to days. PSD2 (the Payment Services Directive 2), which...