Financial sector pushes for stronger data systems to boost credit access

Financial sector leaders have called for stronger trust infrastructure, responsible data-sharing frameworks and greater interoperability to expand access to credit...

✨ Key Highlights

Financial sector leaders in Kenya are advocating for enhanced data systems and trust infrastructure to improve access to credit.

The push for better data systems was a key discussion point at the National Credit Market Convention in Naivasha.
Key stakeholders, including FSD Kenya and Metropol Credit Reference Bureau, emphasized the need for responsible data sharing and interoperability.
Discussions highlighted that addressing information gaps and leveraging alternative financial data are crucial for more inclusive credit decisions.