Auto Alert
How can you monitor if a good credit profile suddenly goes into default while you are extending a long-term credit facility? Our unique Auto Alert function enabled by CRBAfrica software enables you to have the earliest possible warning on reported financial deterioration of your customer. This effective credit monitoring tool allows a credit report to be ‘tagged’ at point of access, and subsequently reports any adverse listing on that subject instantly to your desktop. Our Auto Alert facility is valid over a twelve-month period, thereby allowing the rejuvenation of credit reports and fresh alerts to our clients on an annual basis.

Fraud Alert:
CRBAfrica provides information sharing mechanisms exclusive to the banking sector that are aimed at addressing the problem of non-performing assets, and a centralized claims database system for the insurance sector aimed at preventing claims fraud in the sector. The Fraud Alert notification is another custom-designed credit monitoring tool tailored for these sectors aimed at monitoring the prevalence or fraud, and creating a mechanism by which this information can be shared amongst these Closer User Groups. Our Fraud Alerts typically notify the client instantly on the name of the subject involved, the type of fraud, the type of facility applied, the nature of the fraud reported and the amount involved. This sharing mechanism effectively enhances awareness of current and common sources of Fraud and assists specific business sectors in taking appropriate action in preventing and minimizing the effects of fraud.