Compuscan

{{Infobox company

| name = Compuscan

| logo = Compuscan_Logo.png

| logo_size = 220px

| foundation = {{start date and age|1994}}

| location = Technopark Stellenbosch, South Africa

| key_people = Remo Lenisa, CEO

| industry = finance, credit

| num_employees = 400

| homepage =

}}

Compuscan is a South African credit bureau that provides consumer and commercial credit information within South Africa and other African nations.

History

Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of South African-based Compuscan Information Technologies.{{Cite web |url=http://www.newvision.co.ug/D/8/220/624795 |title="Borrowers credit history to be recorded on smart cards," New Vision (Uganda), 28 April 2008 |access-date=21 December 2008 |archive-url=https://web.archive.org/web/20080920080620/http://www.newvision.co.ug/D/8/220/624795 |archive-date=20 September 2008 |url-status=dead }} The company, which was originally focused on providing credit history reporting for microcredit transactions, is among South Africa's leading credit bureaus and is a member of the nation's Credit Bureau Association.{{cite book|url=https://books.google.com/books?id=E1AsxLFq1CAC&q=compuscan+%22credit+bureau%22&pg=PA661|title=The Credit Scoring Toolkit:Theory and Practice for Retail Credit Risk ... - Raymond Anderson - Google Books|isbn=9780199226405|accessdate=11 April 2016|last1=Anderson|first1=Raymond|date=30 August 2007|publisher=OUP Oxford }}{{cite web|url=http://www.capeargus.co.za/index.php?fSectionId=467&fArticleId=3008544|title=Cape Argus|work=IOL|accessdate=11 April 2016}}[http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=vn20050814114232962C680441 "Credit bill aims to pull loan sharks' teeth," The Independent (South Africa), 14 August 2005] The company also provides microcredit reporting services in the neighboring republics of Botswana{{cite web|url=http://www.mmegi.bw/2005/July/Friday22/9827002491335.html|title=Mmegi Online ::> news we need to know|accessdate=11 April 2016|archive-url=https://web.archive.org/web/20160512214009/http://www.mmegi.bw/2005/July/Friday22/9827002491335.html|archive-date=12 May 2016|url-status=dead}} and Namibia.[http://www.imf.org/external/pubs/ft/scr/2007/cr0783.pdf "Namibia: Financial System Stability Assessment," International Monetary Fund, February 2007]

In 2006, Compuscan was selected by the Bank of Uganda to build the first-ever Ugandan Credit Reference Bureau.{{cite web|url=http://africa.reuters.com/business/news/usnJOE4B30GL.html|title=Reuters.com|accessdate=11 April 2016}}{{Dead link|date=August 2022 |bot=InternetArchiveBot |fix-attempted=yes }} This system, which was formally introduced in 2008, required Ugandan financial institutions to issue smart cards to their borrowers as part of a borrower identification program.

Compuscan South Africa

In South Africa, Compuscan is a registered credit bureau in terms of the National Credit Act (NCA). As per the NCA, all credit bureaus in South Africa are to supply South African citizens with one free credit report per year.[https://www.gov.za/documents/national-credit-act South African National Credit Act]. The company also markets credit bureau services to businesses in the credit and financial industries; as well as training services, marketing services, analytics consultancy and loyalty and rewards offerings to a various other industries.

References

External links

[https://ohneschufa.info – German institution for credit cards for private individuals and corporations according to the international standard.]

Category:Financial services companies established in 1994

Category:Credit rating agencies

Category:Financial services companies of South Africa

Category:Companies based in Stellenbosch