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Matogen Applied Insights (MAI) is partnering with ConfirmU, a global, cutting-edge player in the financial inclusion space, in the gamification of credit scoring by using psychometric traits. Repayment behaviour The word “credit” originates from French, via Italian from the Latin credere, meaning “believe” or “trust”. In other words, credit is extended to people who canRead more

Matogen Applied Insights (MAI) helped a large corporate client to improve its debt collection strategy using advanced analytics. When creditors struggle to collect overdue payments, it usually signifies the beginning-of-the-end of their relationship with the customer. Apart from improving collection rates on outstanding amounts, MAI’s client in the telecoms sector desired stronger customer retention, andRead more

Our co-founder and CEO Jacobus Eksteen was one of 20 esteemed speakers at BankTech 2021, sharing their insights on technology in banking, at this year’s hybrid event – presenters and attendees could participate virtually or in person at the Indaba Hotel, Johannesburg. The conference focused on challenges faced by financial and banking institutions, and includedRead more

Engineering credit data has become imperative considering the increasingly risky and competitive lending environment. In order to improve decisioning, credit providers often leverage bureau summary variables which are generally calculated from credit bureau data sources. This includes credit account data, deeds office information, collections and microlending data. Bureau information gaps However, there are gaps inRead more

The COVID pandemic constitutes a Black Swan event, of which the economic consequences have only started to unfold.  According to a McKinsey report, the sudden and simultaneous depression in supply and demand resulted in typical credit-risk data becoming “obsolete overnight”. Traditional 6 and 12 month old data were no longer suitable for identifying the resilienceRead more

Matogen Applied Insights (MAI) used alternative data for credit scoring to create new scorecards for a financial services client. Alternative data Traditionally, when assessing a potential customer’s credit risk, financial services providers have had to rely on information pertaining to the individual’s past credit activities, such as type of credit obtained, and utilisation, generally obtainedRead more

Crypto currency trading may be all the rage as of the time of writing, but Matogen Applied Insights (MAI) had already delivered a bespoke automated crypto currency trading system a while back for an international client, a veritable “early adopter” in this dynamic sector. Modelling big crypto data In the first phase of the project,Read more