CRIF for Financial Institutions
CRIF for Financial Institutions
CRIF solutions integrate information, models, outsourcing, software and consultancy services which allows the direction of strategic development to be defined, the market share to be improved, risk reduction and management of the business in a more effective way, while reducing costs.
 
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Kingston, Jamaica, April 24, 2012
CRIF NM, a joint venture between CRIF and Neal & Massy, has obtained a license from the Bank of Jamaica and the Ministry of Finance, to establish an entirely private and voluntary credit bureau in Jamaica. In line with the local regulatory framework, the credit bureau developed by CRIF NM will gather positive and negative credit information on individuals and businesses from eligible Jamaican lending institutions, such as banking and non-banking financial institutions, retailers, and credit unions.

Mortgage renewal

CRIF has developed an outsourcing solution to manage the retrieval of real estate mortgage and land registry information for mortgage renewal.