Key providers for lenders in Cuba: Credit scoring, KYC, and payment
Industry Information

Key providers for lenders in Cuba: Credit scoring, KYC, and payment

This article explores the providers working to modernize lending in Cuba. From credit scoring systems adapted to data limitations to KYC and payment platforms designed for local challenges.

3 African countries making progress in Open Banking
Industry Information

3 African countries making progress in Open Banking

Right now, your bank holds all your financial data: how much you earn, what you spend, your loan history, and more. Open Banking changes that.

Lenders battle against fraudsters; a case for an industry blacklist
Industry Information

Lenders battle against fraudsters; a case for an industry blacklist

As digital lending surges in Nigeria, fraud has quietly become one of the industry’s biggest threats, with coordinated identity theft and serial loan defaulters overwhelming individual lenders who battle in isolation. The danger isn’t unique. Kenya offers a stark warning, with an estimated 3.2 million people blacklisted on the country’s TransUnion credit bureau. Without a unified industry blacklist to identify and curb repeat offenders, Nigerian lenders risk following the same path, continually staying several steps behind increasingly sophisticated fraudsters.