Iscore signs a cooperation protocol with the Egyptian Public Prosecution to enhance the efficiency of credit information and support digital transformation
The Egyptian Credit Inquiry Company (iscore) announced the signing of a cooperation protocol with the Egyptian Public Prosecution, within the framework of supporting the state's efforts to promote the digital transformation and development witnessed by the justice system, in order to contribute to raising the efficiency of financial and economic transactions and consolidating credit discipline.
The company explained that the protocol aims to make available the data of judicial judgments issued in coordination with the Public Prosecution, in addition to the available data and credit information, which enhances the efficiency of creditworthiness assessment, helps to reduce risks, and support more accurate decisions in financial transactions, which will reflect positively on the stability of the markets.
"Iscore" pointed out that cooperation with the Egyptian Public Prosecution comes in the context of supporting institutional integration between judicial and financial authorities, and contributing to building an advanced digital structure that serves the goals of successful justice, and enhances confidence in the financial system, with full commitment to the highest standards of governance and data protection.
The company stressed that this protocol reflects the pivotal role played by “iscore” in digitizing the Egyptian credit market, by providing reliable and accurate information that supports financial stability, and serves the state's trends towards the optimal use of modern technology in managing files of an economic and legal nature.