The Creditinfo Global Forum held over two days in Prague, Czech Republic brought together 80 representatives from more than 30 countries across the world as a first 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 two-day forum. 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 four continents also particpated. 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 recognises the excellent support from innovative gold sponsors BSC Ideas.

Reynir Gretarsson, CEO, Creditinfo Group was pleased the company was able to provide a worthwhile and unique learning experience for seasoned practitioners and new comers to the credit industry. 

“The conference has exceeded our expectations, in terms of the participation and outcomes.

"We will take the ideas and opinions shared by the participants to make joint approaches to establishing Credit Bureaus worldwide and in providing better data solutions," he said.

"The conference has demonstrated how collaboration can work in practice to achieve improvements in the industry by identifying common data issues and sharing knowledge. 

"I believe in the benefits of developing working relationships with likeminded passionate and committed professionals within the global community to work together and support each other on common issues," he added.

Creditinfo said it will continue to develop this global network of industry specialists, practitioners and providers to raise the global standards and to add practical value to the credit industry worldwide.