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The 4C Group announces the successful deployment of iNSight Transaction Switch

The 4C Group announces the successful deployment of iNSight Transaction Switch

4C Group's iNSight Transaction Switch (TxS) was successfully deployed at leading East African mobile operator, Vodacom Tanzania. Vodacom currently boasts in excess of 10 million customers.

iNSight TxS supports M-PAWA, a product that offers loans to customers based on their credit risk profile. iNSight TxS was deployed alongside iNSight Big Data Hub, which processes millions of network related and customer related data-events in real-time and near real time. Data is extracted from various sources to create dynamic customer analytical profiles, which contain more than 50 key attributes that cover among others lifetime value, network activity and mobile money activity. iNSight TxS allows the customer's profile to be accessed seamlessly by financial institutions and other external parties via a secure API. The customer's profile is available to internal and external credit risk assessment models that determine the customer's eligibility for a loan as well as the terms of the loan. The customer's privacy and confidentiality is at all times a priority.

Millions of people have been excluded from the financial services industry due to the lack of financial records, consumer data and credit profiles. iNSight TxS facilitates this inclusion by allowing information from mobile network operators like Vodacom Tanzania to be used as a proxy for financial information. M-PAWA and iNSight TxS grant millions of people access to the fast growing mobile financial industry, from which they previously would have been excluded.

The iNSight suite of products allows our clients to use one of their most powerful assets, information, to extract value from big data analytics. The combination of big data and telecommunications grade transaction switching on a single product suite allows our clients to leverage their systems and information assets to launch innovative and market leading products and services.

More information about iNSight and the 4C Group of Companies can be found at www.4cgroup.co.za. Should you be interested in iNSight for your organisation, please contact us at info@4cgroup.co.za.

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