Worldwide information, analytics, and expertise firm Equifax UK has teamed up with Greece’s sole credit score bureau Tiresias.
The strategic partnership is designed to assist Tiresias develop trendy enterprise instruments to reinforce credit score evaluation, bolster fraud prevention, encourage accountable lending, and enhance debt administration.
Equifax UK is a division of Atlanta, Georgia-based Equifax positioned in London, England.
In Greek mythology, Tiresias was a blind prophet well-known each for his clairvoyance and for being reworked into a girl for seven years by the Greek goddess Hera.
Tiresias can be the identify of the only credit score bureau in Greece and is the newest strategic accomplice of world information, analytics, and expertise firm Equifax UK. The 2 entities are collaborating in an effort to spice up monetary inclusion, stimulate financial development, and produce superior credit score evaluation and fraud prevention to companies and customers in Greece.
“Our partnership with Tiresias is a testomony to every little thing now we have constructed at Equifax and the energy of our world answer capabilities and experience within the market,” Equifax UK Chief Technique & Innovation Officer Craig Tebbutt stated. “This collaboration will additional strengthen Tiresias as a strategic pillar of the Greek financial system, drawing on Equifax information, analytics capabilities, and cloud expertise to drive insights and decision-making confidence, serving to extra folks reside their monetary finest.”
Tiresias will profit from entry to Equifax’s superior information and analytics experience, expertise platforms, and best-in-class practices to help the bureau because it develops new, trendy services. Amongst these new choices are enterprise instruments to reinforce credit score assessments, bolster fraud prevention, encourage accountable lending, and enhance debt administration. In an announcement, Tiresias highlighted Equifax’s world attain, with operations in 24 nations, in addition to the agency’s mixture of differentiated information, analytics, and cloud expertise.
“This marks a brand new chapter within the Greek credit score market, the place transparency, reliability, and innovation will mix to ship trendy, secure, and more practical companies to profit society, whereas safeguarding the rights and freedoms of people and defending their private information,” Tiresias Chief Government Officer Ilias Xirouchakis stated.
Based in 1992 and based mostly in Marousi—a suburb north of Athens—Tiresias is an interbank firm that gives dependable information on the evaluation of credit score danger for companies and personal residents. The corporate seeks to restrict the over-indebtedness of particular person debtors, facilitate accountable lending, defend towards fraud, and improve the safety of economic transactions through its Tiresias Threat Management System (TSEK).
Headquartered in Atlanta, Georgia, Equifax has been a Finovate alum since 2011. The corporate’s UK-based division, Equifax UK, provides credit score scores and credit score stories, in addition to identification safety instruments. The corporate additionally supplies sources to assist customers discover the precise mortgage, bank card, car financing, and insurance coverage provides, in addition to academic info on monetary topics starting from debt administration to mortgages.
Picture by Hans Reniers on Unsplash
Views: 68
