PIC Solutions Presents Credit Risk Workshop at Visa

Cape Town, 5 June 2007 – Visa Asia Pacific selected PIC Solutions to present a credit risk workshop at their business school in Bangladesh.

The Credit Academy, hosted by PIC Solutions, is a specialist credit and risk training programme consisting of more than 15 different seminars. These seminars can either be delivered at the PIC Solutions dedicated training centre or onsite at the client’s premises. This flexible onsite training solution has proven to be popular with organisations all over the world including Bahrain, Germany, Hungary, Kenya, Kuwait, Netherlands, Nigeria, Poland, Saudi Arabia, South Africa, Taiwan, Turkey, Uganda, United Arab Emirates and the United Kingdom.

Visa Business School provides educational solutions to the card payments industry and engaged PIC Solutions to provide consulting services and training to facilitate a 2-day training workshop for 41 participants from Visa’s member financial organisations in Bangladesh.

Presented by leading experts in the consumer credit and risk management arena, this interactive two day workshop covered key industry topics including:

- New Accounts Initiation
- Applications Processing Risk Assessment
- Fraud Management
- Credit Limit Management
- Scoring in Account Management
- Collections Management
- Performance Based Pricing

Pauline Sahetapy, Director at Visa Asia Pacific, states, “Visa Business School is actively working with our clients throughout the region to develop and strengthen credit risk management in their businesses. PIC Solutions has extensive experience and knowledge of the credit industry in the emerging markets and this practical course provided insight into credit risk best practices and the unique factors which optimise the credit life cycle. We’ve received positive responses from our delegates and we thank PIC Solutions for their assistance in our workshops in Dhaka.”

Stephen Leonard, Managing Director of PIC Solutions, adds, “We were pleased to partner with Visa Business School for this training initiative. Our knowledgeable presenters have successfully trained delegates from a variety of credit organisations and this highly interactive workshop focused on industry issues and international best practices that are critical to the success of any credit organisation. By implementing the best practice principles and strategies covered in the seminars, delegates will be able to maximise new opportunities and improve business decisions.”


About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.

PIC Solutions is the Fair Isaac alliance partner for the Africa Middle East region and from offices in Cape Town, Dubai and Johannesburg, provides all sales and support for the entire suite of Fair Isaac products and services. This includes consulting, project management, integration services, first line software support and ongoing maintenance.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com