NEW SOLUTIONS TARGET DIGITAL FRAUD, IDENTITY THEFT AND FINANCIAL CRIME AS TANZANIA’S DIGITAL FINANCIAL SERVICES EXPAND
DAR ES SALAAM, TANZANIA – SEPTEMBER 7, 2026: Creditinfo, a global provider of credit information and risk management solutions, has announced the rollout of its global fraud, identity and Know Your Customer (KYC) solutions in Tanzania, marking an important development in efforts to strengthen trust, security and risk management across the country’s rapidly evolving digital financial services ecosystem.
The launch comes at a time when Tanzania’s financial sector is undergoing significant digital transformation, with banking, lending, insurance and payment services increasingly being delivered through digital channels.
Digital lending, instant payments, remote account opening and other technology-driven services have made financial services faster and more accessible to individuals and businesses. However, the expansion of digital channels has also created new opportunities for financial crime, including identity theft, impersonation, synthetic identities and application fraud.
Against this backdrop, financial institutions and other organisations are under increasing pressure to strengthen their fraud prevention and customer verification capabilities while ensuring that legitimate customers can access financial services efficiently.
STRENGTHENING CUSTOMER VERIFICATION AND FRAUD PREVENTION
Creditinfo’s new solution is designed to help organisations verify the identities of individuals and businesses by combining credit bureau data, alternative information sources and authoritative registries.
The platform also brings together digital risk signals with international and domestic watchlists, giving organisations a broader view of potential risks during customer onboarding and throughout the customer relationship.
This capability could be particularly relevant for banks, digital lenders, fintech companies, insurers, payment service providers and other businesses that increasingly rely on remote customer interactions.
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