The agreement was signed by Salem Khamis Al Shair, eServices director at Dubai eGovernment and Bashar Saleh Qallab, CEO of Emcredit.
Some of the data will be included in the credit reporting solutions that will be provided to registered members of Emcredit, while other products will also be developed to aid commercial entities and credit grantors in making informed decisions.
Better administration
"This is in line with the Dubai Strategic Plan which calls for greater transparency and accountability in all government sectors. Our integration platform has been utilised effectively by other government departments for seamless transactions and will now be used to create a secure, unified credit reporting solution," said Al Shair.
Relevant information will be integrated into Emcredit's systems under Dubai eGovernment's high security and strict data privacy guidelines. "Credit reporting solutions are not only limited to banking data but also includes any form of information relating to an individual's payment history. Together, this becomes crucial data and helps assess the repayment capability of individuals and companies more effectively," said Qallab.
Autor(en)/Author(s):
Quelle/Source: Gulf News, 08.07.2007
