The company has been collaborating with Buró de Crédito, the biggest and most significant credit information bureau in Mexico.
The most important credit institutions in Mexico, who are also clients of Buró de Crédito, come together at this event to learn about new findings and new solutions from scoring and analytics experts. This year, CRIF was invited to speak about its most recent score development produced with Buró de Crédito, the so called No Hit score: it will predict the credit risk of around 50 million consumers who have no – or insufficient - credit history to be evaluated through the traditional Bureau Score. Leveraging on 15 years of experience in developing solutions for the Mexican financial market, CRIF analyzes over 2,000 attributes stemming from sociodemographic, geographical and census information, credit risk and payment information, as well as other data sources.
This advanced solution will be available to organizations which play an important role in financial inclusion, facilitating credit access to individuals and businesses with a limited credit history. CRIF experts presented interesting facts regarding states in the country with a high demand for predictive financial tools and how useful and powerful they could be for financial institutions in Mexico.
