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Experian and Kredi Kayit Burosu (KKB) Turkey in Partnership on Data Governance

The joint initiative will enable banks to make more accurate credit decisions, thanks to increased data quality. Experien and Kredi Kayit Burosu (KKB), the first and only credit bureau in Turkey, have signed an agreement for a project that will ensure more accurate credit decisions are being made, thanks to the most comprehensive data quality project that has been carried out ... Read More »

FICO in Partnership with Turkish Credit Bureau

FICO announced that it has partnered with Kredi Kayıt Bürosu (KKB), the Turkish credit bureau, to make collection scores widely available to Turkish credit grantors. These scores will promote responsible credit growth in Turkey by enabling lenders to improve their collections processes. Turkey is experiencing rapid credit growth. According to the Turkish Banking Regulation and Supervision Agency, consumer loans and ... Read More »

Experian Launches the Next Generation Decision Management Platform in EMEA

PowerCurve™ provides smarter and faster decisions across the Customer Life Cycle Experian® announced the EMEA-wide availability of PowerCurve™,a its successful latest generation decision management platform, which is currently being deployed by a number of leading global and regional banks and financial organizations to help them drive profitable growth, ensure sharper risk management and implement higher-performing portfolios using advanced analytics, multiple ... Read More »

CRIF Acquires Turkish Receivables Management Company Recom

BIIA Member CRIF has acquired a majority share in Recom, a company operating in the receivables management and collection sectors in Turkey. Established by Selim Tezel, a senior executive in the finance sector, Recom is one of Turkey’s leading players in the market. Recom, whose main activity is professional receivables management, has been helping organizations manage their receivables more efficiently ... Read More »

Turkey based Finar Group Acquired by CRIF

Italy based CRIF has acquired Turkey based Finar group of companies bringing together Finar, D&B Turkey and Kompass Turkey.  The group was acquired from Dubai based D&B Same. Board Member Dr. Selim Seval noted that the group will introduce a much larger number of value-added products and services to the Turkish market in parallel with CRIF’s worldwide investment strategy and ... Read More »

FICO Opens Istanbul Office

Fast-growing credit market to benefit from analytical risk management, marketing and fraud solutions FICO (NYSE:FICO) announced its plans to grow business in Turkey, as it opened its first office in Istanbul. FICO has served banks in Turkey for more than 10 years, and counts among its clients several leading lenders, including Garanti, Yapi Kredi Bank, Finansbank, Akbank and Isbank.   As ... Read More »

D&B Introduces Turkey Risk Map

Helping customers measure the pulse of the Turkish business community Leveraging its analytical capabilities and company ratings, World Wide Network partner D&B Turkey has introduced the D&B Turkey Risk Map, a tool that will enable domestic and cross-border customers to understand average risk across geographic and industry sectors, based on the report-demand activity in a given quarter. To read the ... Read More »

Finar A.S. Acquires Kompass Turkey

In June 2011, Finar A.S. signed an agreement at the HQs of Kompass International in Paris to acquire 99% shares of Kompass Turkey.   Earlier in the year Finar A.S. had become the new data provider and distributor of Kompass Turkey.   Established in 1944 in Switzerland, Kompass is an international commercial promotion system with headquarters now located in France. In ... Read More »