TrustDecision & CIBI Boost Fraud Prevention and Credit Analysis in the Philippines

TrustDecision has built a strategic partnership with CIBI Information Inc., the only local credit bureau in the Philippines. This partnership is set to strengthen fraud management and enhance financial security for financial institutions across the country.

July 2, 2024

2 minutes

Yuqi Chen

TrustDecision, a leader in risk management solutions, is pleased to announce a strategic partnership with CIBI Information Inc., the only local credit bureau in the Philippines. This partnership is set to strengthen fraud management and enhance financial security for financial institutions across the country, providing top-notch fraud security and boosting customer confidence in financial transactions.

The collaboration between TrustDecision and CIBI will introduce advanced solutions for establishing a comprehensive fraud management system and sophisticated credit assessment tools. These initiatives are designed to support CIBI and its clients by delivering powerful solutions that improve the integrity and efficiency of financial operations.

Through this partnership, financial institutions in the Filippines will gain access to state-of-the-art tools that help manage risks and make informed decisions, thus enhancing the security and reliability of their services.

The solutions provided will also assist in credit decisioning activities, speeding up the process of assessing borrower creditworthiness, and providing a more complete view of consumer behavior over time. This enables financial institutions to more accurately extend offers to consumers with low-risk behaviors while effectively managing behavioral changes in their existing customer base. The expected outcome is a significant rise in operational efficiency and decision-making accuracy.

About TrustDecision

TrustDecision is a global leader in risk management solutions, specializing in fraud prevention, credit scoring, and digital security. The company is committed to enhancing the operational integrity and compliance of financial institutions around the world. Visit: https://trustdecision.com/

About CIBI Information Inc.

CIBI Information Inc., established as the first and only local credit bureau in the Philippines, provides crucial financial data and analytics services. Originally a government entity, CIBI was privatized to offer comprehensive credit and information management solutions, supporting both businesses and consumers. Visit: https://www.cibi.com.

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