Highly effective risk mitigation tools, based on a database of credit histories and data from public sources – verification of customers and contractors, identification, verification and anti-fraud services, verification of property, arrests and prohibitions, a large array of scoring models.

The services of the Ukrainian Bureau of Credit Histories, for a Business will be useful in various business processes aimed at counteracting fraud, assessing risks or collecting information:

• identification and verification of individuals, including remotely;
• making credit decisions on any type of loans – from credit card limits, consumer credits or microloans to loans for start-ups;
• verification of legal entities and individual entrepreneurs before lending, providing other banking services to small and medium-sized businesses in Ukraine, when providing consulting services for businesses etc.;
• verification of contractors in any monetary or property relations;
• verification of movable and immovable property, arrests and prohibitions;
• search for contacts to work with debtors

etc.

How does it work?
The Ukrainian Bureau of Credit Histories has the largest database of credit histories in Ukraine and receives data from more than 500 Ukrainian lenders.
Based on the information that makes up a credit history and other data received by the bureau from partners, as well as using data from state registers and other public sources, we have developed a wide range of services in the following areas:

• actual checking of credit histories and monitoring their status,
• suggested analytic tools represented by a number of scoring models – from general to highly specific and individual ones,
• identification and verification tools, including the ones using photos with the Microsoft Face API biometric face recognition technology,
• fraud and operation risks prevention tools,
• tools for obtaining information about a person, based on the data from public sources

etc.

Successful use of the tools, which we offer, in your business processes, can significantly improve the level of fraud prevention, optimize risk assessment and improve the level of service for your customers, as a result of simplifying and accelerating verification procedures.

Most of the services that we offer to businesses involve the signing of a contract with the bureau and a partnership, which can be both unilateral and bilateral. Unilateral interaction suggests only obtaining data from the bureau. Bilateral interaction is possible for the organizations providing loans, and also involves transfer of data about loans of the organization constituting a credit history. Depending on the amount of data that the organization transmits, we offer personalized billing for requests.

There are also services available for a business, without having to sign a contract:

• checking a credit history of your own company;
• verification of a Public Dossier of any company, i.e., obtaining aggregate information on any legal entity from open sources.