Creditinfo combats synthetic identity fraud for Kenyan mobile lending market. Creditinfo has launched a new Integrated anti-fraud solution to combat identity fraud for the Kenyan mobile lending market. According to the credit information and risk management solutions provider, the solution uses advanced analytics to combat the fraud.
More than 2.7 million Kenyans have been blacklisted at the Credit Reference Bureau (CRB) over defaulting on loans advanced to them by different micro lenders operating in the country, research by financial services firm Microsave Consultancy shows. The report compiled by the think tank dubbed Customer Experience of Digital Credit in