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.
- "Borrowers credit history to be recorded on smart cards," New Vision (Uganda), 28 April 2008
- "The Credit Scoring Toolkit," by Raymond Anderson, Google Books
- "Credit Repair Agents Cannot Remove Blacklisted Name," Cape Argus, 24 November 2005
- "Credit bill aims to pull loan sharks' teeth," The Independent (South Africa), 14 August 2005
- "Who Watches the Watchman?", Mmegi Business Week, 22 July 2005
- "Namibia: Financial System Stability Assessment," International Monetary Fund, February 2007
- "Uganda launches credit reference agency," Reuters, 4 December 2008
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