Dear Ed and Nikhil, Thanks for this. This is a great. We do need a credit bureau integration in Myanmar. However, the regulations on credit reporting were just issued on 31st March of this year and it only contains high-level requirements. No credit bureau has started their operations yet but we will share the specific integration options and technologies for data access by credit reporting agencies once they are known.
Could this be a two-way integration: (1) to submit credit data of borrowers to the credit bureaus; and (2) to perform credit check for new applications? Some high-level considerations that we would like to request in designing the integration include: 1. Ability to pull real-time data from multiple credit bureaus via API (will they be displayed separately or will they be merged somehow?) 2. Ability to post requests via HTTPS with 128-bit SSL encryption 3. Ability to retrieve data in XML format 4. Ability to check the credit score in Mifos without storing credit data (no external credit histories of clients on Mifos) 5. Ability to configure access to credit bureau integration module to ensure that only approved users can access credit score Seems like some of this is already in place. Many thanks and regards, Nyi Nyi Nyein Aye CEO & Managing Director ThitsaWorks Solutions Myanmar Co., Ltd. Tel: +95-9965732351 (Myanmar) Tel: +1-347-255 9226 (US) Email: [email protected] Web: www.thitsaworks.com<http://www.thitsaworks.com> Facebook: fb.me/thitsaworks<http://fb.me/thitsaworks> Twitter: twitter.com/thitsaworks<http://www.twitter.com/thitsaworks> ________________________________ From: Nikhil Pawar <[email protected]> Sent: Tuesday, May 16, 2017 1:01:18 PM To: Ed Cable; [email protected]; Mifos software development Subject: Re: [Mifos-developer] Inputs required for credit bureau integration phase 2 Hi Ed, Sure, I would be updating the page with latest development on the credit bureau project. To summarize the current status: 1) The address module which was the prerequisite for the project has been integrated and merged. 2) The Equifax India's sand box environment has been integrated as a standalone client in Fineract. As Credit check is optional module, Once you enable the credit check and if client has applied for loan, user would be able to do a credit check for that client. However, it is not configurable as of now, the repository details have been hard coded. 3) With the aim of making the credit bureau more flexible, Credit bureau configuration module was created wherein, the user would be able to store all the required configuration for credit bureau, it has been completed and the PR has been sent for review. Tasks scheduled for next two weeks before the coding period begins : 1) The current design is inflexible, so the first target is to come up with the generic design of the credit bureau module. 2) Connect the stand alone client with the configuration module which will make the client configurable. Regards, Nikhil ________________________________ From: Ed Cable <[email protected]> To: Nikhil Pawar <[email protected]>; [email protected]; Mifos software development <[email protected]> Sent: Saturday, 13 May 2017 4:10 AM Subject: Re: Inputs required for credit bureau integration phase 2 Hi Fineracters, I wanted to bring this email to the top of your inboxes once again as Nikhil is refining the design for genericizing the credit bureau integration module that he'll be working on during this summer for Google Summer of Code. I will reach out directly to some of the partners who have expressed a need for credit bureau integration but what is most needed are the specifications from the respective credit bureaus so Nikhil can know the available points of integration. Nikhil - could you please update the page on the wiki with the relevant status and the current links to JIRA tickets - https://cwiki.apache.org/confluence/display/FINERACT/Credit+Bureau+Integration Nikhil, could you also include the specs on the Equifax India integration so others can know the level of detail of information they could ideally provide. Here's a link to the outstanding pull requests related to credit bureau integration - https://nikpawar89.github.io/ Thanks, Ed On Wed, Apr 19, 2017 at 3:17 PM, Nikhil Pawar <[email protected]<mailto:[email protected]>> wrote: Hello Devs, In the phase 1 of credit bureau Integration last summer, Equifax-India was Integrated with Apache Fineract as a stand alone client.We are now planning to design a generic framework which would facilitate on boarding of new credit bureaus in Apache Fineract.Besides creating a generic framework,we are also planning to integrate another credit bureau which is outside India region.I would soon come up with a Wiki page on the design of generic framework. Meanwhile, If you have any inputs/ recommendation/ requirements which you want us to consider in the design, please let us know about them.Also, if you are interested to integrate a specific credit bureau which falls under Latin America, Africa or South East Asian region and you can help us acquire credit bureau's test environment details, please feel free to reach out to us with your suggestions. Regards,Nikhil -- Ed Cable President/CEO, Mifos Initiative [email protected]<mailto:[email protected]> | Skype: edcable | Mobile: +1.484.477.8649 Collectively Creating a World of 3 Billion Maries | http://mifos.org<http://mifos.org/> [https://secure.plimus.com/developers/817570/Template/icon-tiny-facebook.png] <http://facebook.com/mifos> [http://organizationsandmarkets.files.wordpress.com/2010/04/icon-tiny-twitter.png] <http://www.twitter.com/mifos>
