Cooperation with Instantor

Cooperation with Instantor

March 31, 2014 by Erki Kert

We are glad to announce the cooperation with Instantor, a provider of consumer identification and credit report solutions. Thanks to the cooperation, both Instantor and us are able to provide an even wider spectrum of credit scoring solutions for banks and lenders in various countries. Following is a press release by Instantor.

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Getting to know your customers has never been easier

We are constantly moving forward and we are happy to let you know that, with the help of the company Big Data Scoring, we are now performing KYCs by factoring Facebook profiles into our scoring systems. The process is very smooth and safe; your customers only need to log on to Facebook via Instantor to make this possible.

When we have the permission to access a customer’s Facebook profile, we extract work and education history data, among other things, to be able to provide you with a score of your clients’ credit worthiness, in many cases identifying good customers from the “grey area”. We can use Facebook profiles for scoring on all the markets we are active in today and this also gives us a great opportunity for new Instantor markets coming up.

Instantor offers Internet solutions for consumer identification as well as for credit reports, which means smoother and safer shopping on the web. We were established in 2010 in Stockholm, Sweden. Today we are active in Germany, Spain, Finland, Poland and Croatia as well as in Sweden.

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