Use multiple credit bureaus to double your protection
Relying on a single credit bureau can leave gaps in how you assess borrower risk. By using multiple credit bureaus, lenders gain a more complete view of a borrower’s financial behavior, helping to uncover inconsistencies, reduce blind spots, and improve decision accuracy. This layered approach not only strengthens fraud detection but also enhances confidence in credit decisions, making it a powerful strategy for lenders looking to protect their portfolio and lend more responsibly.
How to obtain a Tier 3 or Tier 4 Microfinance License in Uganda
This article walks through how to obtain a Tier 3 Microfinance Deposit-taking Institution licence and a Tier 4 licence in Uganda
What you need to know about Nigeria’s Open Banking
Two years after the first Open Banking framework circular was released, the CBN issued operational guidelines for Open Banking on Tuesday, March 7, 2023, heralding a start for what many anticipated would bring about a much-needed change in financial services.