Competition Regulatory Authority

Artificial intelligence is changing how lenders assess credit risk by analyzing large volumes of data faster and more accurately than traditional scoring models. But while AI can improve decision-making, it is not without limitations. This article explores how AI credit scoring works, the data it relies on, where it delivers the most value, and the challenges lenders must address to ensure fair, transparent, and reliable lending decisions.

Companies And Allied Matters Act, 2020 (CAMA) is the legislation that covers how companies are incorporated, governed, and what happens when things go wrong.

For lenders, the message is clear: Know the regulators, understand the rules, and stay compliant. Otherwise, your lending business could be one policy change away from closure.