4C Group announces successful deployment of iNSight Transaction Switch to support mobile financial inclusion

Issued by 4C Group
Johannesburg, 22 Jan 2015

4C Group's iNSight Transaction Switch (TxS) was successfully deployed at leading East African mobile operator, Vodacom Tanzania. Vodacom currently boasts in excess of 10 million customers.

iNSight TxS supports M-PAWA, a product that offers loans to customers based on their credit risk profile. iNSight TxS was deployed alongside iNSight Big Data Hub, which processes millions of network-related and customer-related data events in real-time and near real-time.

Data is extracted from various sources to create dynamic customer analytical profiles, which contain more than 50 key attributes that cover, among others, lifetime value, network activity and mobile money activity. iNSight TxS allows the customer's profile to be accessed seamlessly by financial institutions and other external parties via a secure API. The customer's profile is available to internal and external credit risk assessment models that determine the customer's eligibility for a loan, as well as the terms of the loan. The customer's privacy and confidentiality is at all times a priority.

Millions of people have been excluded from the financial services industry due to the lack of financial records, consumer data and credit profiles. iNSight TxS facilitates this inclusion by allowing information from mobile network operators like Vodacom Tanzania to be used as a proxy for financial information. M-PAWA and iNSight TxS grant millions of people access to the fast-growing mobile financial industry, from which they previously would have been excluded.

The iNSight suite of products allows 4C's clients to use one of their most powerful assets, information, to extract value from big data analytics. The combination of big data and telecommunications grade transaction switching on a single product suite allows our clients to leverage their systems and information assets to launch innovative and market-leading products and services.

More information about iNSight and the 4C Group of Companies can be found at www.4cgroup.co.za. Should you be interested in iNSight for your organisation, please contact 4C at info@4cgroup.co.za.

4C Group

The 4C Group is an award-winning, dynamic group of experts with a niche focus and proficiency around enterprise information management, business assurance and m-commerce applications. The company's portfolio includes a complete solution set for data management, coupled with innovative Web and mobile engagements. The 4C value is presented in many forms and is embodied through 4C's in-depth industry and technology iNSight, which it effectively employs to bring real business process improvements through professional engagements, leading-edge software and application development backed by a team of certified support consultants, across the globe and around the clock.

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