Anton Grutzmache- Ominisient: The Data Revolution in Banking: From Scoring Credit Invisibles to Fraud Prevention

Anton Grutzmache, Co-Founder at Ominisient on The Data Revolution in Banking: From Scoring Credit Invisibles to Fraud Prevention at the Digital Finance Africa 2024 conference.

1. From Scoring Credit Invisibles to Fraud Prevention Anton Grutzmacher • July 2024 The Data Revolution in Banking

2. The Opportunity Data collaboration enables world changing opportunities for businesses and communities. Omnisient enables Privacy compliance and IP protection for data owners so that the data economy can flourish.

3. Company A Omnisient SafeZone in the Cloud Company B Keeping data collaboration compliant, secure and in control 2 Omnisient Anonymisation app 1 Omnisient Anonymisation app Local environment behind a firewall Secure and neutral environment collaboration environment 3 Upload Anonymised and tokenised dataset Undergoes additional hashing and salting

4. © Omnisient 2024. All rights reserved. 4 Insurers Banks Bureaus Omnisient protects over 160 million consumer profiles for over 80 large businesses. Africa’s Largest Bank Retailer Gym Insurer Property Portal Online Payment Processor Pharmacy Entertainment company Retail Media Network World’s largest platform for behaviour change One of world’s largest credit bureaus MENA’s 2 nd largest payment processor UAE’s largest lottery

5. © Omnisient 2023. All rights reserved. 5 Award Winning and Internationally Recognised Gold Data Insights 2023

6. Case Study Using Grocery Shopper Data for Credit Scoring of Credit Invisible applicants Objective H elp banks identify “good risk” profiles among credit invisible individuals by using grocery shopping behaviour as alternative data for credit scoring. Now visible to banks 8M 3.2M Now qualified for credit 41% Improvement in ability to predict loan repayment 29% Predicted increase in credit revenue for bank

7. We believe Africa can lead. Omnisient Platform enables privacy secure data sourcing, analytics and decisioning for : © Omnisient 2023. All rights reserved. 7 Thin File (creating scores for the unscored) Retailer Telco Bank Alternative data | Decentralised Fraud Bureau | Cross Border scoring

8. We believe Africa can lead. Omnisient Platform enables privacy secure data sourcing, analytics and decisioning for : © Omnisient 2023. All rights reserved. 8 Predictive Fraud Management Open Banking Bank A Bank B Bank C Alternative data | Decentralised Fraud Bureau | Cross Border scoring

9. We believe Africa can lead. Omnisient Platform enables privacy secure data sourcing, analytics and decisioning for : © Omnisient 2023. All rights reserved. 9 Making Africans credit worthy wherever they choose to work. Bank Ghana Bank Uganda Bank Kenya Alternative data | Decentralised Fraud Bureau | Cross Border scoring

10. Predicting Fraud through data sharing Crypto-Identity protects Privacy & Data Owner IP while enabling distinct matching and distribution © Omnisient 2023. All rights reserved. 10 Telco Fintech Where - Location How much – Spend patterns When – Time lapse Data Matching Bank B Bank C Mule Accounts Location & spend limits Identification parameters Death Certification Retailer Telco Bank Fintech Bank A Bank B Bank C Bank D Government

11. Thank you! Anton Grutzmacher Email: [email protected] © Omnisient 2024. All rights reserved. 11 www.omnisient.com

12. Appendix

13. Retail grocer and banks uploaded their anonymized 1 st party customer data to our platform for analysis. They ran an overlap analysis of bank’s and retail grocer’s customers. 27 Using built-in ML and AI, the banks assessed the predictive power of the data and created a credit risk profile for “good borrower” shopper behavior based on their analysis, which they can now use when viewing shopper behavior of “credit invisible “ applicants. How grocery shopper data is used to predict loan repayment. Banks analysed shopping behavior of their good borrowers’: basket size, basket make-up and shopping behavior (day of week or frequency of purchases) Compared this with historic credit applications and whether account went into arrears or not . ? © Omnisient 2023. All rights reserved. 13

14. 14 How Omnisient protects your business No personal information is ever shared or loaded or leaves a business Personal Information is never accessible to any 3 rd party, incl. Omnisient Businesses do not physically exchange or hand over data Businesses can delete their data at any time No business can download or export the other’s data. © Omnisient 2023. All rights reserved. 14

15. How we protect your data Our desktop application anonymizes, tokenizes and protects your data locally using advanced cryptography before uploading into our secure Cloud environment d45s#$f%4 Gt5^*yhr5kl 94fg)#@gehgmtkgh4gh3twfer6y8998*&4fhg#t)@dfg Jane Smith [email protected] [phone] Random Way, Anytown, Anyplace Crypto-IDs cannot be reverse-engineered or de-crypted Crypto-IDs (matching tokens) enable matching of a consumer records in different datasets without ever sharing or revealing PII (Personally Identifiable Information) 1 2 3