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Technology helps grant credit faster, cheaper to greater numbers

[Johannesburg, 22 November 2011] -

The provision of relatively risk-free credit is perhaps one of today`s most awesome business challenges.

“True, it is an age-old problem,” says Michelle Beetar, a director of reference agency Experian South Africa. “Yet it has grown exponentially in the past couple of decades, owing to freer access to credit as a means of bolstering turnover.”

Fortunately, she points out, there is a bright light evident in the form of improved technologies such as credit scoring and decision support automation, coupled with access to credit history information.

[Full Story.]
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Technology helps grant credit faster, cheaper to greater numbers

Last updated : 22 November 2011

 
 

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