Compuscan
Encyclopedia
Compuscan is a South African
credit bureau
that provides consumer and commercial credit information within South Africa and other African
nations.
Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of South African-based Compuscan Information Technologies. The company, which was originally focused on providing credit history reporting for microcredit transactions, is among South Africa’s leading credit bureaus and is a member of the nation’s Credit Bureau Association. The company also provides microcredit reporting services in the neighboring republics of Botswana
and Namibia
.
In 2006, Compuscan was selected by the Bank of Uganda
to build the first-ever Ugandan Credit Reference Bureau. This system, which was formally introduced in 2008, required Ugandan
financial institutions to issue smart cards to their borrowers as part of a borrower identification program.
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
credit bureau
Credit bureau
A credit bureau , or credit reference agency is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. It is an organization providing information on individuals' borrowing and bill paying habits...
that provides consumer and commercial credit information within South Africa and other African
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...
nations.
Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of South African-based Compuscan Information Technologies. The company, which was originally focused on providing credit history reporting for microcredit transactions, is among South Africa’s leading credit bureaus and is a member of the nation’s Credit Bureau Association. The company also provides microcredit reporting services in the neighboring republics of Botswana
Botswana
Botswana, officially the Republic of Botswana , is a landlocked country located in Southern Africa. The citizens are referred to as "Batswana" . Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...
and Namibia
Namibia
Namibia, officially the Republic of Namibia , is a country in southern Africa whose western border is the Atlantic Ocean. It shares land borders with Angola and Zambia to the north, Botswana to the east and South Africa to the south and east. It gained independence from South Africa on 21 March...
.
In 2006, Compuscan was selected by the Bank of Uganda
Bank of Uganda
The Bank of Uganda is the Central Bank of the Republic of Uganda. Established in 1966, by Act of Parliament, BOU is 100% owned by the Government of Uganda, but is not a government department.-Organization and Governance:...
to build the first-ever Ugandan Credit Reference Bureau. This system, which was formally introduced in 2008, required Ugandan
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
financial institutions to issue smart cards to their borrowers as part of a borrower identification program.