COSTA MESA, CA – Standard Bank of South Africa has announced that it will implement Strategy Management(SM) Generation 3 from Experian-Scorex, the global decision solutions business of Experian®, within its new, bank-wide enterprise decision management environment. The Strategy Management solution will enable the bank to make sophisticated customer-level decisions at every point of the customer relationship.
Standard Bank, one of the largest banks in South Africa, was established in 1862 and has a long and distinguished history. Within Africa, the group has operations in 17 countries, with a broader international network of 21 countries. It was one of the first users of Experian’s credit bureau in South Africa and an early adopter of credit scoring and customer-level decisioning.
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