“Yandex” has developed for the CBR system to identify illegal lenders on the Internet

“Yandex” has developed for the CBR system to identify illegal lenders on the Internet


MOSCOW, February 18. Yandex Data Factory (the direction of the company “Yandex” at a commercial processing big data, Big Data) at the request of the Bank of Russia has developed a system that will identify illegal lenders on the Internet.

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She can earn this year, said the head of the main Department of microfinance market and financial inclusion methodology of the Central Bank of the Russian Federation Mikhail Mamuta.

“We set the task of detection of illegal lenders on the Internet to quickly take action. There was a tender, it won the “Yandex” on the development of a system that provides the capability to detect “black creditors” that offer their services in Russia,” said Mamut.

He noted that the system can be implemented in the first half of this year.

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The representative of “Yandex” explained that the system analyzes large volumes of Internet data to create a filter that indexes for suspicious Internet resources that promote consumer loans.

Mamut also noted that the program works with all Russian-speaking resources, but the regulator will be able to apply measures only to those companies registered in the Russian Federation.

The head of Department of the Central Bank added that the system developed by Yandex, can work not only in the search for illegal lenders, but also with other segments of the financial market where this may be necessary.