PIC Solutions has been invited by Visa International to present at a Middle East Credit Bureau Conference in Abu Dhabi, United Arab Emirates on 9 March.
There has been an increased focus on credit bureaux in the emerging markets of the Central Europe, Middle East, Africa region and credit bureaux have now been established in a number of countries, including Czech Republic, Poland, Saudi Arabia and Turkey. Visa International is hosting this international conference to highlight the benefits of credit bureaux to the member banks in the Middle East.
The focus of this specialised conference will be on the role of credit bureaux as a primary tool to increase credit granting, improve portfolio monitoring and accelerate economic development. Leading credit and risk experts will share their experiences through presentations and case studies, highlighting the benefits of credit bureaux in the Middle East region.
Stuart Clayton, Head of Credit & Co-branding Products at Visa, comments: "Credit bureaux provide consistent and objective measures for assessing consumer credit risk. This conference focuses on the importance and relevance of credit bureaux in the Middle East market and highlights ways in which our member banks can use these to maximise their portfolio management."
Stephen Leonard, Managing Director of PIC Solutions, adds: "We are delighted by this opportunity to present at the Middle East Credit Bureau Conference. Lenders with access to credit bureau scores have successfully reduced their risk and improved the quality of their credit decisions. PIC Solutions is dedicated to the Middle East market and working with credit grantors to maximise the benefits of using credit bureaux.
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Visa is the world`s leading payment brand generating $2.4 trillion in annual card sales volume. Visa has unsurpassed acceptance in more than 150 countries. The Visa organisation plays a pivotal role in developing innovative payment products and technologies to benefit its 21 000 member financial institutions and their cardholders. Visa is a leader in Internet based payments and is pioneering the creation of u-commerce, or universal commerce-the ability to conduct commerce anywhere, anytime and any way. For more information, visit www.corporate.visa.com.
PIC Solutions
PIC Solutions provides customer management solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions.
Our ongoing commitment is to enable clients to optimise the credit lifecycle of your business.
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