Experian Introduce Global Expertise in Enterprise-Wide Solutions in Vietnam

Experian Introduce Global Expertise in Enterprise-Wide Solutions in Vietnam

Hochiminh, December 1, 2008 -  Experian® and MobiVi jointly participate at the Banking Vietnam Conference on December 1-3, 2008.  

Experian to introduce advanced enterprise-wide solutions in the local market and will present its credit risk management capabilities on December 3, 2008 (Day 2) at the Conference.

As part of the Experian’s enterprise-wide solutions, the Decision Analytics’ origination system is introduce to Small Medium Enterprise (SME) lending which brings together a robust application processing, data connectivity, decision technology, predictive analytics and expert consulting.  The system has been built to support both SME and large enterprises to balance the needs of speed, with customers wanting rapid decisions, and risk management.  It is ensuring that sufficient information is collected for an accurate assessment of risk, fraud detection and to enable the most appropriate offer throughout the customer lifecycle.

Experian brings in global expertise from international standards and local knowledge on products and solutions delivery that compliance to government regulations.  In addition, the world-class analytical capabilities and advanced technology created statistical models that turn data into intelligence.  It helps the unsecured lending organizations to refocus their existing customers and utilize customer behaviors to meet growth and quality targets.

 “Given the increasing pressure of global credit crisis, we strongly believe our global enterprise-wide solutions will provide a valuable and solid platform to banking industry in Vietnam.   Our Decision Analytics Systems provide a framework to improve credit risk management in this challenging business environment.” said Burak Alper, Head of Professional Services, Experian Decision Analytics, South East Asia.

“Experian’s Decision Analytics Systems will give valuable insights on facing current market challenges; how to reduce risk and to grow businesses while adopting the right strategies and tools at every step of the customer life cycle.”  said Nam Tran, MobiVi’s Vice President.

Experian is a global leader in providing value-added information solutions to organisations and consumers, Experian is a US$4 billion company with more than 15,500 employees and offices in 38 countries supporting clients in 60 countries. Experian’s Decision Analytics division specialises in providing credit risk and fraud management consulting services and products. It has over 30 years experience in the development of best practice analytical, consulting and product capabilities to support organisations to manage and prevent risk; prevent, detect and reduce fraud; meet regulatory obligations; and gain operational efficiencies throughout the customers’ relationship.  The business also maintains connectivity with over 70 credit bureaux worldwide including Japan and Singapore.

Margaret Lam
Head of Marketing, Asia Pacific
Tel: +852 2839 5276
Email: margaret.lam@hk.experian.com

About MobiVi
MobiVi is building and operating the largest and most advanced e-payment network and platform in Vietnam and provide the most comprehensive range of e-payment applications on the mobile and online platforms.

MobiVi partners with banks and other financial institutions to bring e-payment services to the market. With the partner bank network, MobiVi provides the complete world-class transaction processing infrastructure, from the network, the e-payment applications, to processor operations, clearing and settlement, and customer support.

For merchants, MobiVi e-payment network enable them to sell online, over the mobile phone, broading their customer reach, lowering transaction fees and their overall sales costs, and especially providing them with real-time settlement, significantly improving their cash flow.

For consumers, MobiVi brings the convenience of being able to shop and pay at anytime, from anywhere, over the Internet and the mobile phone, with the most advanced security technologies providing them the assurance that the system has the lowest risk of fraud.

MobiVi currently employs 70 world-class engineers, payment and banking experts with headquarter in Ho Chi Minh City and branch office in Hanoi.

About Experian
Experian is a global leader in providing information, analytical and marketing services to organisations and consumers to help manage the risk and reward of commercial and financial decisions.
Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organisations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage.

For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organisations from financial services, retail and catalogue, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index.  Experian has corporate headquarters in Dublin, Ireland and has operational headquarters in Costa Mesa, California and Nottingham, UK.  The Group employs approximately 15,500 people in 38 countries worldwide, supporting clients in over 65 countries around the world. Continuing sales for the year ended 31 March 2008 were $4,059m (£2,020m / €2,858m).
For more information, visit www.experianplc.com.

The word ‘Experian’ is a registered trademark in the EU and other countries and is owned by Experian Ltd. and/or its associated companies.