CIS Kenya to Revolutionize Credit Data Quality as CBK Approves Game-Changing ValiData Tool
The Credit Information Sharing Association of Kenya (CIS Kenya) has announced that it recently received approval from the Central Bank of Kenya (CBK) for its innovative CIS ValiData tool. This cutting-edge data validation and submission solution is set to revolutionize how credit providers share data with licensed Credit Reference Bureaus (CRBs). The CIS ValiData tool is a key component of CIS Kenya’s strategy to foster a transparent and efficient credit market by ensuring the accuracy and reliability of credit information. During the development and pilot phase, the tool has already demonstrated its capacity to significantly reduce errors and improve compliance. …