January 4, 2023
CreditRegistry Corporation, the provider of credit reporting solution to Nigeria’s pioneer and largest credit bureau, has partnered with Preventor to help combat identity fraud problems that have become increasingly prevalent. Through Preventor’s identity verification tools, CreditRegistry is able to offer banking and other businesses robust protection against costly identity and digital fraud.
CreditRegistry, Nigeria's Largest Credit Bureau, provides credit reporting and analytics solutions that empowers creditors and businesses to make better decisions that reduce risk and improve the bottom line.
Preventor develops authentication, verification and fraud prevention solutions that leverage the power of biometrics, artificial intelligence (AI), and big data to increase security, reduce fraudulent activities and protect users' identities.
The strategic partnership with Preventor enables CreditRegistry to integrate end-to-end digital identity management solutions with its widely-adopted bureau platform in order to provide greater security against fraudsters, and automate KYC compliance, for its large customer base.
“The Preventor Identity Platform offers a dependable and easy-to-use identity verification solution that is perfect for companies and financial services firms that are onboarding consumers under strict KYC/AML compliance at scale. This partnership will enhance our customers’ fraud prevention capabilities and help them quickly onboard consumers with confidence,” said Taiwo Ayedun, CEO of CreditRegistry Corporation.
“We are very proud to partner with CreditRegistry. In this way, we seek to contribute to the improvement of the digital ecosystem in Nigeria by providing efficient, effective and secure solutions,” said Jaime Ramirez, CEO of Preventor.
Preventor is the next generation self-service digital identity and fraud prevention platform for individuals, businesses, and governments.
Preventor is a self-service digital identity and fraud prevention platform that makes it easy to identify and prevent financial crime before it happens. Preventor integrates all the tools you need for digital financial crime risk management into one platform, making it easy to onboard any client, from any location, and using any device. With Preventor, you can monitor AML, KYC, KYB, and more, as well as prevent synthetic payments, and identity fraud.
CreditRegistry Corporation, based in Seattle, Washington, creates information solutions to help deepen credit inclusion in Africa. CreditRegistry Nigeria, officially CR Services (Credit Bureau) Plc, and licensed by the Central Bank of Nigeria, is Nigeria’s largest credit bureau and industry pioneer serving members since 2003.