The explosion of mobile lending is severely limiting human interaction, and causing social apprehensions (such as over-indebtedness) and data protection concerns. On the other hand, the emerging disruptions are successfully promoting a cashlight economy and challenging traditional approaches to KYC, probability of default, and changing the dynamics of access to finance. On their part, risk managers are inquisitive about effectiveness of emerging risk assessment models and their integration with traditional scoring methodologies while policy makers are concerned about implications on consumer protection and financial sector stability. The 4th CIS Regional Conference was organised to shed light on some of these …

      Credit information systems can, and should be improved, to enhance access to credit. Existing and upcoming innovations that seek to accomplish this goal inspired the 3rd Regional Credit Information Sharing (‘CIS’) Conference, hence the theme – “CIS for Innovation and Financial Inclusion – Mikopo Kisasa!” Translated from Swahili, “Mikopo Kisasa” means “Contemporary Lending Approaches”. The conference took place on 23rd and 24th February. The Credit Information Sharing Association of Kenya (‘CIS Kenya’) hosted executive delegates, representing various segments of the credit markets in the EAC Region and beyond. The Conference was followed by the Nairobi Business Community …

The 2nd Regional Credit Information Sharing (CIS) Conference was held in Nairobi on September 24th and September 25th 2013. This is the second conference of its kind, the first one having been held in July 2011 in Nairobi, Kenya. This second conference emphasized the overall goal of delivering information capital in order to facilitate extension of reasonably priced credit in Africa and by so doing, catalyze economic growth. The conference theme was, “Credit Information Sharing: Unlocking Access to Affordable Credit.” In addition to promoting public awareness about CIS, the conference sought to promote knowledge sharing and dissemination of best practices in CIS. …