New Partnership Btw «iscore» and «Synapse Analytics» to Launch an Advanced Digital Platform
The Egyptian Credit Bureau 'iscore' and Synapse Analytics, a leading provider of AI-powered risk decisioning solutions, have announced a strategic partnership designed to equip financial institutions with an advanced platform for automating and enhancing credit decisioning.
The partnership also provides access to cutting-edge technology tools that enable faster, more accurate and data driven lending decisions setting a new benchmark for efficiency and precision in the Egyptian financial sector.
This collaboration enables banks and non-banking financial institutions to build, test, and deploy advanced credit scoring models that leverage both traditional credit report data and alternative data sources. As a result, the institutions can operate more efficiently and automate the credit approval process—shifting from data to decision in mere seconds unlocking the ability to expand their customer base and accelerate financial inclusion across the market.
Credit decisions are then made through a single, intelligent, and secure platform, supported by real-time alerts that enhance collection process and effective customer performance monitoring. This proactive approach allows institutions to accept more customers based on reliable data-driven decisions, helping reduce risk and expand financial services to new customer segments.
Mohamed Korayem, CEO of iscore, stated: 'This partnership reflects iscore commitment to driving innovation in financial technology and delivering cutting-edge digital solutions to the financial sector in Egypt, in line with global best practices. It will help financial institutions enhance efficiency and effectiveness, improving citizens' access to credit services and contributing to the Central Bank of Egypt and the Egyptian Financial Regulatory Authority vision for financial inclusion.'
Eng. Ahmed Abaza, Co-founder and CEO of Synapse Analytics, added: 'We're proud to partner with iscore, a pivotal company in Egypt financial data infrastructure, supporting risk assessment and credit monitoring for individuals , micro, small, and medium enterprises as well as monitoring customers' performance in fulfilling their credit obligations.
This partnership marks a turning point in how credit decisions are made and represents a key step toward a new era of smart financing. It also reflects how modern technology can reshape credit policies, advance financial inclusion, and transform the way the financial sector operates in Egypt.'
Synapse Analytics is a leading provider of AI solutions, offering platforms that help institutions make faster, clearer, and more accurate credit decisions.
Their integrated analytics platform enables institutions to automate and continuously improve credit policies, enhance risk assessment methods, and make decisions based on real-time data and insights.
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