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Creditinfo Global Forum Prague Discusses Use of Alternative Data

The Creditinfo Global Forum held over 2 days in Prague, Czech Republic in September brought together 80 representatives from more than 30 countries across the world as a step to enhancing mutual understanding and best practice within the Credit Industry. The conference addressed a broad range of topical subjects for credit bureaus and lenders.

The key note speakers engaged the audience throughout the 2 days. These were representatives from globally influential organisations such as the International Finance Corporation (IFC), PayPal, and PERC. Furthermore, significant regional players in Credit Bureaus and Micro Finance organisations from 4 continents. Together these broad based opinion makers delivered incisive views on a wide range of subjects and shared information about their actual experiences in the credit industry.  The use of alternative data and new technology to complement traditional sources was addressed by Microbilt, along with VisualDNA who introduced the topic of psychographic profiling.  Creditinfo also recognised the excellent support from innovative gold sponsors BSC Ideas.

Based on the press release one can assume that regulators of EU countries, who are poised to eliminate practices addressed during the Forum, did not attend.

To read the full release click on this link

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