News and Events

Wondering about credit scores, reports or what the Bahamas Credit Bureau does? Let's meet and talk at the Educational Webinar organized by TSWCCU, where we will be presenting CRIF Credit Bureau, your rights as related to a credit report and how to access a credit score.

CRIF is pleased to have been invited to an informative Lunch & Learn session to discuss the Credit Bureau. The two-day-session will take place June 21st at 11am and June 22nd at 2.30pm. Here, our team will give some insights on what is credit bureau, how it works and answer to all doubts and questions on credit report, loans and so on.

On June 16th, under the title 'Target 3: Building your economic legacy', CRIF has presented a second virtual discussion on the role of the credit bureau and its impact on your credit score.

On May 19th, 2022, CRIF had the chance to participate at the Lunch & Learn event organized by Doctor's Hospital where we had the chance to give an introduction on Credit Bureau.

CRIF recognised as a leader in AI decisioning by global independent research firm 

• CRIF has been named as one of the top artificial intelligence decisioning platform providers in latest analysis from leading global analyst firm.
• The recognition is attributed to its StrategyOne solution, a key component of the company’s portfolio which empowers business users to easily implement, test, monitor, and modify business rules, credit scores, calculations, and entire decision processes.
• CRIF has strengths in tools for business experts, decision intelligence technologies, application development tools, and security

CRIF recognized for its open banking value-added services by independent research firm. 

• CRIF named as one of the top open banking players in latest analysis from leading global analyst firm

• The fintech’s 2020 acquisition of Strands, which boosted CRIF’s aggregation capability, and its overarching value-add strategy have contributed to the inclusion in the report by independent research firm

• Inclusion attributed to the fintech’s overarching focus of adding value for customers, with its support for local APIs; in particular, Strands ‘solid’ PFM and BFM tools and ‘comprehensive’ deployment options are referenced.

Digital disruption in financial services is already a reality for retail customers, but it hasn’t happened yet for SMEs and entrepreneurs, who were still seeing their needs and demands pretty much uncovered. SMEs across the globe are looking beyond-banking ecosystems, integrating third-party services, that cover their needs in a single, easy-to-use service, allowing them to focus on their core activities. Find out how STEP, a global marketplace of financial products for SMEs, used CRIF Group’s solutions, including Strands’ BFM and Engager, enriched by CRIF account aggregation, in order to deliver excellence in every product/service to SME and corporate customers. You can read here all about the article “From Open Banking to Open Finance for SMEs”, published in FinTech Magazine.

The market share of Buy Now PayLater in worldwide e-commerce payments doubled from 2019 to 2021, and now stands at a total share of 3% globally. In 2016 it was only 0.4%. Financial institutions, e-commerce merchants, customers, and regulators will inevitably have to familiarize themselves with the opportunities and, of course, challenges of this disruptive trend. Certainly, BNPL is attractive to customers because it allows them to buy a product immediately without paying the full amount at the time of purchase, but a few challenges need to be faced when dealing with this kind of payment. Find out how an information solutions provider like CRIF can be an important partner for BNPL players to ensure the smooth and effective running of BNPL processes.