Latest news with #iscore
See - Sada Elbalad
12-08-2025
- Business
- See - Sada Elbalad
New Partnership Btw «iscore» and «Synapse Analytics» to Launch an Advanced Digital Platform
Nada Mustafa 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. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
Yahoo
24-06-2025
- Business
- Yahoo
iscore WINS MOST INNOVATIVE DATA SOLUTIONS PROVIDER, EGYPT AT GLOBAL BRAND AWARDS 2024
LONDON, June 24, 2025 /PRNewswire/ -- iscore, a leading data solutions provider, has been recognised as the "Most Innovative Data Solutions Provider, Egypt, 2024" by Global Brands Magazine (GBM) at the Global Brand Awards. This recognition reflects iscore commitment to enhancing data solutions through innovation. The Global Brand Awards recognises outstanding achievements across various industries worldwide. iscore received this award for its continued efforts in providing effective and reliable data solutions. Jay Reddy, CEO of Global Brands Magazine, commented, "At Global Brands Magazine, we take pride in recognising organizations that drive innovation and excellence. iscore recognition as the Most Innovative Data Solutions Provider in Egypt highlights its dedication to enhancing financial services through advanced data solutions. Their commitment to accuracy, efficiency, and reliability has set a high standard in the industry. Congratulations to iscore team on this well-earned achievement. " ABOUT iscore The Egyptian Credit Bureau - iscore, was founded in 2005 as an Egyptian joint-stock company. Its establishment involved the participation of 25 banks and the Micro, Small, and Medium Enterprises Development Agency (MSMEDA). The Central Bank of Egypt authorized the commencement of its operations on January 22, 2008. The company is dedicated to executing a strategic plan aligned with Egypt's Vision 2030 and the financial inclusion initiative of the Central Bank of Egypt. This involves the incorporation of cutting-edge technologies designed to meet the demands of the digital era. By offering innovative data analysis solutions, iscore assists its clients, which include banks and corporations, in enhancing operational efficiency. Consequently, clients receive the requisite support and accurate data essential for making credit decisions and monitoring business activities to foster sustainability within Egypt financial sector. iscore manages a sophisticated credit database encompassing information on individuals as well as small and medium-sized enterprises (SMEs). Moreover, it provides the capability to verify a diverse range of data by connecting to government databases through the G2G gateway, in accordance with established protocols with various entities. ABOUT GLOBAL BRANDS MAGAZINE (ENGLAND) Global Brands Magazine (GBM) is one of the largest Brands publication in the world, leading the way in delivering insights, news, and opinions on brands shaping the future of their industries. Based in the UK, the magazine keeps readers informed about 'best-in-class' brands worldwide. Each year, GBM recognizes companies that demonstrate innovation, exceptional service, and consumer-focused solutions in their respective industries. With over 8.4 million annual visitors and 14 million page views, GBM is the world's premier Brand magazine. The magazine also boasts a robust social media presence, engagement including 35k+ Facebook followers, 20k+ Instagram followers, 25k+ Twitter followers, and 4k+ LinkedIn followers. ABOUT THE GLOBAL BRAND AWARDS The Global Brand Awards celebrate excellence in brand performance, recognising companies and organisations that excel in quality, innovation, and customer-centric services across various sectors, including finance, education, hospitality, technology, and more. More than 10,000 companies were evaluated in 2024 for the Global Brand Awards. The Global Brand Awards ceremonies are hosted at some of the world's most iconic venues, including The Address Downtown, Waldorf Astoria, Emperors Palace, JW Marriott Marquis, Galaxy Macau, and The Athenee Hotel. Continuing this legacy, this year's event was held at the esteemed Grand Hyatt in Dubai, United Arab Emirates, upholding the tradition of excellence and grandeur. For a complete list of the winners of the Global Brand Awards, please visit: To nominate your company or leader for the Global Brand Awards 2025, visit: Logo: View original content to download multimedia: SOURCE Global Brands Magazine Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
iscore WINS MOST INNOVATIVE DATA SOLUTIONS PROVIDER, EGYPT AT GLOBAL BRAND AWARDS 2024
LONDON, June 24, 2025 /PRNewswire/ -- iscore, a leading data solutions provider, has been recognised as the "Most Innovative Data Solutions Provider, Egypt, 2024" by Global Brands Magazine (GBM) at the Global Brand Awards. This recognition reflects iscore commitment to enhancing data solutions through innovation. The Global Brand Awards recognises outstanding achievements across various industries worldwide. iscore received this award for its continued efforts in providing effective and reliable data solutions. Jay Reddy, CEO of Global Brands Magazine, commented, "At Global Brands Magazine, we take pride in recognising organizations that drive innovation and excellence. iscore recognition as the Most Innovative Data Solutions Provider in Egypt highlights its dedication to enhancing financial services through advanced data solutions. Their commitment to accuracy, efficiency, and reliability has set a high standard in the industry. Congratulations to iscore team on this well-earned achievement. " ABOUT iscore The Egyptian Credit Bureau - iscore, was founded in 2005 as an Egyptian joint-stock company. Its establishment involved the participation of 25 banks and the Micro, Small, and Medium Enterprises Development Agency (MSMEDA). The Central Bank of Egypt authorized the commencement of its operations on January 22, 2008. The company is dedicated to executing a strategic plan aligned with Egypt's Vision 2030 and the financial inclusion initiative of the Central Bank of Egypt. This involves the incorporation of cutting-edge technologies designed to meet the demands of the digital era. By offering innovative data analysis solutions, iscore assists its clients, which include banks and corporations, in enhancing operational efficiency. Consequently, clients receive the requisite support and accurate data essential for making credit decisions and monitoring business activities to foster sustainability within Egypt financial sector. iscore manages a sophisticated credit database encompassing information on individuals as well as small and medium-sized enterprises (SMEs). Moreover, it provides the capability to verify a diverse range of data by connecting to government databases through the G2G gateway, in accordance with established protocols with various entities. ABOUT GLOBAL BRANDS MAGAZINE (ENGLAND) Global Brands Magazine (GBM) is one of the largest Brands publication in the world, leading the way in delivering insights, news, and opinions on brands shaping the future of their industries. Based in the UK, the magazine keeps readers informed about 'best-in-class' brands worldwide. Each year, GBM recognizes companies that demonstrate innovation, exceptional service, and consumer-focused solutions in their respective industries. With over 8.4 million annual visitors and 14 million page views, GBM is the world's premier Brand magazine. The magazine also boasts a robust social media presence, engagement including 35k+ Facebook followers, 20k+ Instagram followers, 25k+ Twitter followers, and 4k+ LinkedIn followers. ABOUT THE GLOBAL BRAND AWARDS The Global Brand Awards celebrate excellence in brand performance, recognising companies and organisations that excel in quality, innovation, and customer-centric services across various sectors, including finance, education, hospitality, technology, and more. More than 10,000 companies were evaluated in 2024 for the Global Brand Awards. The Global Brand Awards ceremonies are hosted at some of the world's most iconic venues, including The Address Downtown, Waldorf Astoria, Emperors Palace, JW Marriott Marquis, Galaxy Macau, and The Athenee Hotel. Continuing this legacy, this year's event was held at the esteemed Grand Hyatt in Dubai, United Arab Emirates, upholding the tradition of excellence and grandeur. For a complete list of the winners of the Global Brand Awards, please visit: To nominate your company or leader for the Global Brand Awards 2025, visit: Logo: View original content to download multimedia: SOURCE Global Brands Magazine Sign in to access your portfolio
Zawya
28-05-2025
- Business
- Zawya
iscore, Modefinance International to launch MSME grading system in Egypt
The Egyptian Credit Bureau, iscore, and Modefinance International, a global provider of AI-driven credit rating solutions, have announced a strategic collaboration to launch a smart grading system for micro, small, and medium-sized enterprises (MSMEs) in Egypt. The partnership agreement aims to develop and implement a new system tailored for the Egyptian market. It was signed on behalf of iscore by Mohamed Korayem, CEO and Managing Director, and for Modefinance International by Cristian Giacomini, CEO of Modefinance International. The signing ceremony was attended by Sayonara El Asmar, Deputy CEO and Managing Director of iscore, and Mohamed ElAshmawy, Scoring & Advisory Services Director of iscore. Also present were Gianfranco Sanseverino, Deputy CEO of Modefinance International, and Mattia Ciprian and Valentino Pediroda, Co-CEOs of Modefinance. This collaboration is intended to advance financial inclusion and support the sustainable growth of MSMEs in Egypt. Korayem, CEO and Managing Director of iscore, commented: 'We are proud to partner with Modefinance International to introduce a smart, AI-powered MSMEs Grading System that will serve as a game-changer for the Egyptian financial sector. This collaboration reflects our commitment to driving financial inclusion and empowering micro, small, and medium-sized enterprises with reliable, data-driven tools that enhance their access to finance. By combining iscore deep local market expertise with Modefinance advanced technology, MSMEs & credit risk rating strong proficiency along with management solutions, we are laying the groundwork for a more transparent, efficient, and inclusive credit ecosystem—one that supports Egypt national vision for sustainable economic growth.' Giacomini, Modefinance International CEO, commented: 'The partnership with iscore further consolidates Modefinance International's role in Egypt, the North African region, and the entire GCC area, where we established a solid expertise. The Egyptian market is a particularly strategic business area as it is characterized by a widespread presence of micro, small and medium-sized enterprises. As a result, there is a high focus on the issue of financial inclusion and the need to benefit from advanced credit assessment systems, such as the solutions we have developed. Together with iscore, we aim at contributing to the growth of the country's industry by facilitating local MSMEs to access credit.' The core focus of the collaboration is the implementation of a newly developed MSME grading system, powered by Tigran, Modefinance's proprietary credit risk assessment tool. Tigran applies AI-driven models and big data analytics to evaluate the creditworthiness of MSMEs based on their financial performance, management experience, and macroeconomic factors, aiming to enhance transparency and efficiency across the lending ecosystem. Through this partnership, iscore expects to offer more accurate and efficient credit rating services, reinforcing efforts to expand financial inclusion and promote sustainability in the financial sector. The strategic partnership aims to foster a sustainable and inclusive financial ecosystem by reinforcing iscore's role as a key supporter for credit decision-making for MSMEs. This aligns with Egypt's national priorities to strengthen the SME sector, which accounted for 98% of the private sector, employed over 47 million people, and contributed approximately 43% to the national GDP in FY2023–2024. Additionally, the agreement will support the introduction of data-driven credit rating tools that are flexible and suited to local market dynamics, helping to expand financing opportunities and enable better decision-making for financial institutions. This collaboration reflects iscore's ongoing commitment to advancing its strategy of developing modern and effective credit assessment tools to mitigate risk within the MSME sector, which plays a critical role in Egypt's economy. The partnership is viewed as a significant step forward in unlocking opportunities for growth, supporting economic development, and enabling smarter credit decisions across the SME landscape. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Daily News Egypt
28-05-2025
- Business
- Daily News Egypt
iscore, Modefinance International to launch MSME grading system in Egypt
The Egyptian Credit Bureau, iscore, and Modefinance International, a global provider of AI-driven credit rating solutions, have announced a strategic collaboration to launch a smart grading system for micro, small, and medium-sized enterprises (MSMEs) in Egypt. The partnership agreement aims to develop and implement a new system tailored for the Egyptian market. It was signed on behalf of iscore by Mohamed Korayem, CEO and Managing Director, and for Modefinance International by Cristian Giacomini, CEO of Modefinance International. The signing ceremony was attended by Sayonara El Asmar, Deputy CEO and Managing Director of iscore, and Mohamed ElAshmawy, Scoring & Advisory Services Director of iscore. Also present were Gianfranco Sanseverino, Deputy CEO of Modefinance International, and Mattia Ciprian and Valentino Pediroda, Co-CEOs of Modefinance. This collaboration is intended to advance financial inclusion and support the sustainable growth of MSMEs in Egypt. Korayem, CEO and Managing Director of iscore, commented: 'We are proud to partner with Modefinance International to introduce a smart, AI-powered MSMEs Grading System that will serve as a game-changer for the Egyptian financial sector. This collaboration reflects our commitment to driving financial inclusion and empowering micro, small, and medium-sized enterprises with reliable, data-driven tools that enhance their access to finance. By combining iscore deep local market expertise with Modefinance advanced technology, MSMEs & credit risk rating strong proficiency along with management solutions, we are laying the groundwork for a more transparent, efficient, and inclusive credit ecosystem—one that supports Egypt national vision for sustainable economic growth.' Giacomini, Modefinance International CEO, commented: 'The partnership with iscore further consolidates Modefinance International's role in Egypt, the North African region, and the entire GCC area, where we established a solid expertise. The Egyptian market is a particularly strategic business area as it is characterized by a widespread presence of micro, small and medium-sized enterprises. As a result, there is a high focus on the issue of financial inclusion and the need to benefit from advanced credit assessment systems, such as the solutions we have developed. Together with iscore, we aim at contributing to the growth of the country's industry by facilitating local MSMEs to access credit.' The core focus of the collaboration is the implementation of a newly developed MSME grading system, powered by Tigran, Modefinance's proprietary credit risk assessment tool. Tigran applies AI-driven models and big data analytics to evaluate the creditworthiness of MSMEs based on their financial performance, management experience, and macroeconomic factors, aiming to enhance transparency and efficiency across the lending ecosystem. Through this partnership, iscore expects to offer more accurate and efficient credit rating services, reinforcing efforts to expand financial inclusion and promote sustainability in the financial sector. The strategic partnership aims to foster a sustainable and inclusive financial ecosystem by reinforcing iscore's role as a key supporter for credit decision-making for MSMEs. This aligns with Egypt's national priorities to strengthen the SME sector, which accounted for 98% of the private sector, employed over 47 million people, and contributed approximately 43% to the national GDP in FY2023–2024. Additionally, the agreement will support the introduction of data-driven credit rating tools that are flexible and suited to local market dynamics, helping to expand financing opportunities and enable better decision-making for financial institutions. This collaboration reflects iscore's ongoing commitment to advancing its strategy of developing modern and effective credit assessment tools to mitigate risk within the MSME sector, which plays a critical role in Egypt's economy. The partnership is viewed as a significant step forward in unlocking opportunities for growth, supporting economic development, and enabling smarter credit decisions across the SME landscape.
