The project of Qiwi Conscience will use scoring services of the Joint Credit Bureau

The Conscience project from the QIWI group was connected to services of the Joint Credit Bureau. For assessment of a risk profile of potential clients Conscience uses basic service of obtaining credit reports, Scoring of Bureau – the analytical tool for assessment of reliability of the borrower, and the National Hunter system directed to counteraction to credit fraud at the interbank level.

After accumulation of an initial client portfolio Conscience is also going to use service of the notification on changes in credit history of the borrower – Triggers.

Oleg Ryazhenov-Sims, leader of the Conscience project: Risky model – one of the most important components of a financial product. Smart use of sources of information on potential clients – what any financial institution aims at. We already on start of the project use the most full range of data sources – many banks went to it several years after creation of the products. Experimental design bureau services in combination with other sources, including own scoring tools, allow us to manage flexibly risks and to develop the product useful to the Russian consumers.

"Conscience" - the project working with public market and to it it is necessary to use broader set of data sources for assessment of a risk profile of potential clients. The database of the Joint Credit Bureau contains information on credit obligations of 66.5 million citizens, and the share of informative answers makes 96%.

Use of experimental design bureau services in combination with own scoring systems allows Conscience to estimate objectively the applicant and to manage effectively credit risks.

"Conscience" — a product in the Russian market of financial products. It is the card of payment by installments with a renewable limit from 5 thousand rubles to 300 thousand rubles, the period of payment by installments is from one to 12 months. At the moment inhabitants of the Moscow region can receive the card, in 2017 the project will appear to regions of Russia.