Credit FM Assure Limited says Scotiabank Jamaica pulled its first credit report a week ago last Wednesday, with the consent of the bank's customer.
CRIF NM signed a credit information provider or CIP agreement with Scotiabank on October 9, under which the bank will share data on its customers with the credit bureau.
It also allows Scotiabank to access credit-history reports.
"Immediately after the signing, Scotiabank was able to demonstrate the system by pulling its first full-file credit report in Jamaica, with a live look-up of Scotiabank customer Lavern McFarlane's credit information," CRIF NM said in a press release.
McFarlane gave her consent beforehand, as required by law.
She was present when the records were pulled, said the credit bureau, a joint venture initiative of CRIF and the Neal & Massy group.
Last week, Creditinfo Jamaica, the other licensed credit bureau, said it began generating credit scores.
The system now has four months of credit-history data, sufficient for the system "to determine a trend and allow for a score to be generated," Creditinfo CEO Megan Deane said in a press release.