Fintech brings exciting developments to the Credit and Financial Industry worldwide. By utilising Data Sources and New Technologies, Mala’a contributes through its innovative products to make affordable credit accessible to all.
Mala’a is committed to be a key player in introducing the global benefits of Fintech innovations to the Sultanate. Primary Fintech Innovations include:
The ability to extract predictive data from mobile phones has allowed Credit to reach people who previously couldn’t access it such as the youth, informal workers sector and those living in rural areas.
With proven links between an individual’s personality type and their financial behavior, it is possible to enable access to credit through a simple personality test.
Facial Recognition and validation against Credit Bureau records allows for efficient and accurate identity verification.
MUSCAT, July 1: Oman Credit and Financial Information Centre (Mala’a) offers Credit Bureau services to enhance the creditworthiness of the individuals and corporates in the Sultanate in line with Oman Vision 2040, said Mala’a’s Managing Director Mr. Aadil Al Saadi. This supports financial inclusion by ensuring responsible financing in addition to improved credit risk management. […]August 9, 2021
Muscat- June Oman Credit and Financial Information Center (Mala’) was established in 2019 by Royal decree 38\2019 as the first pillar of the Central Bank of Oman’s 2019-2021 Strategy to enhance the business environment towards implementing Oman 2040 Vision. The center offers credit and financial reports and scores for individuals and corporates and aims to be Oman’s national […]November 29, 2020
Muscat\ Oman Credit and Financial Information Center (Mala’a) signed a Memorandum of Understanding with Jusoor Foundation on November 29th 2020 that states providing credit and financial information about Jusoor Foundation’s service providers, individuals and supplying or project executing corporates. The information will be used to assess the clients’ solvency and creditworthiness as stipulated in the […]