News

JUNE 2023

CRIF RECOGNISED AS A LEADER IN AI DECISIONING BY GLOBAL INDEPENDENT RESEARCH FIRM

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

MAY 2023

CRIF RECOGNIZED FOR ITS OPEN BANKING VALUE-ADDED SERVICES BY INDEPENDENT RESEARCH FIRM

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.

OCTOBER 2022

CRIF's point of view in three internationally distributed specialist magazines - 3rd Issue in FinTech Magazine

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.

SEPTEMBER 2022

CRIF's point of view in three internationally distributed specialist magazines - 2nd Issue in The Banker

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.

SEPTEMBER 2022

CRIF's point of view in three internationally distributed specialist magazines - 1st Issue in Global Trade Review

Only 56% of companies recognize their business network as an extension of their organization, and this prevents them from knowing exactly what their sustainability impact is in the different segments of their Supply Chain. Furthermore, most companies are now managing their sustainability to some extent, but they often only deal with 10% of their impact; 90% of their carbon footprint comes from the supply chain. Find out how to assess ESG sustainability within the supply chain in the article “Sustainable supply chains: increased visibility of suppliers” published in Global Trade Review (GTR).

Venice (Italy) June 24, 2022

Energy Efficiency & ESG factors of SMEs: TranspArEEnS project starts data collection with CRIF

The EU-funded TranspArEEnS project, established to deliver a standardized approach to the transparent and rigorous assessment of small and medium-sized enterprises’ (SMEs) energy efficiency (EE) and environmental, social and governance (ESG) performance, has started its exclusive data collection with CRIF. The first and second phases of the Project have already attracted interest from SMEs, which account for approximately 99% of all European companies, as well as from banking and insurance institutions and trade associations. The development of the standardized qualitative-quantitative questionnaire on EE and ESG, specifically for SMEs, also includes additions targeted at recent energy and geopolitical emergencies. 

The European TranspArEEnS project enters phase 3

Bologna (Italy), May 30, 2022

CRIF announces agreement to acquire the credit information and management division of Tinexta

Specifically, the transaction involves the sale to CRIF of Tinexta’s holdings in the companies Innolva S.p.A. and ReValuta S.p.A. The division was valued at a total enterprise value of € 237.5 million.

DUBLIN, JANUARY 10, 2022

CRIF acquires the majority of shares in HPI (Hire Purchase Information) in Ireland

The acquisition will strengthen CRIF’s local presence in the field of risk management and decision support solutions.

Athens (Greece) and Bologna (Italy), December 27, 2021

CRIF acquires ICAP, the largest b2b services group in Greece, with a strong presence in Southeastern Europe

The acquisition will strengthen CRIF’s leading position in the field of business and credit information and risk management solutions in the region.

Nassau, November 15th, 2021

ADVISORY - COVID19 RESTRICTIONS

In light of the escalating developments with the COVID-19 virus, CRIF Information Services Bahamas, is advising that effective Monday, November 15th, 2021, our offices will be closed to “walk-in customers” until further notice.