iScore Partners with Synapse Analytics to Launch AI-Powered Digital Platform for Real-Time Credit Decisions
The Egyptian Credit Bureau, iScore, has signed a strategic partnership with Synapse Analytics, a leading provider of AI-powered credit decisioning and analytics solutions, to launch a new digital platform aimed at enabling financial institutions to make faster, more accurate, and data-driven credit decisions.
The collaboration will provide banks and non-banking financial institutions in Egypt with advanced tools to automate and enhance credit analytics services. By leveraging both credit bureau data and alternative data sources, institutions can build, test, and implement sophisticated credit scoring models. This will allow them to move from data collection to analysis and automated policy execution, delivering instant credit decisions through a secure, intelligent platform. The system also offers real-time alerts to support proactive collection strategies and improve customer performance monitoring.
The platform will help institutions expand their customer base by approving more applicants based on reliable data, reducing risk, and extending financial services to new market segments.
Mohamed Karim, CEO of iScore, said:
"This partnership reflects iScore’s commitment to driving innovation in Egypt’s financial technology landscape by offering digital solutions that match global best practices. It will enhance the efficiency and effectiveness of financial institutions’ services, improving citizens’ access to credit and supporting the Central Bank of Egypt and Financial Regulatory Authority’s vision for financial inclusion."
Ahmed Abaza, Co-Founder and CEO of Synapse Analytics, added:
"We are excited to partner with iScore, a pivotal institution in Egypt’s financial data and credit risk infrastructure. This collaboration marks a turning point in how financial institutions make credit decisions, ushering in a new era of smart financing. It demonstrates how modern technology can reshape credit policies, advance financial inclusion, and transform the way the financial sector operates in Egypt."
Synapse Analytics is a market leader in AI-driven solutions, providing platforms that enable institutions to make faster, clearer, and more accurate credit decisions, automate policy adjustments, and continuously improve credit risk assessment. The company’s integrated analytics platform empowers financial institutions to base decisions on real-time, actionable data