According to the Third Anti-Money Laundering Directive, banks, insurance companies and leasing companies are obliged to identify the beneficial owner of their customers before entering into a contract. CRIF Austria offers the identification in real time as a new feature of the ‘CreditCheck Business’ product.
On November 18 and 19, CRIF organized in Prague the credit bureau association (ACCIS) meeting focused on a “European vision and issues for the future”. During the event, speakers pointed out that credit bureaus are playing an even stronger role in the consumer market for individual consumers, and added that credit bureaus help consumers to actively manage their personal finances and to make long-term decisions on family and individual investments.
On October 23-25, 2013 CRIF took part in the XII National Conference on Microfinance and Financial Inclusion entitled "Innovation and Consumer Protection - Implementing a Client-Centric Approach" held at the Russian Microfinance Center in Moscow. The event brought together over 500 delegates from the Russian microfinance sector, banking and technology industries, as well as government bodies.
From customer onboarding to debt collection, hundreds of financial institutions and businesses benefit from fast, reliable and affordable decision-making powered by the CRIF Credit Framework.
Did you know that CRIF was offering affordable and scalable credit decision-making solutions through the cloud to hundreds of financial institutions and businesses in Europe and Latin America way before clouds were only thought to be in the sky?
Finar together with D&B Turkey, both CRIF Group companies based in Istanbul, carried out the survey for Fortune 500 Turkey for the sixth year in a row. The study, which analyzed various indicators and trends relating to companies from all industry sectors, was published in the July issue of the Fortune Turkey magazine following a press conference that took place on June 28.
Bratislava, Slovak Republic, May 10, 2013
The project to connect the Slovak banking and non-banking registers will allow banks, leasing companies and other financial institutions to share data about the credit history of their clients. This increased sharing of information will positively impact on both businesses and consumers by enabling them to obtain more favorable loan conditions, and on lenders by improving their risk management processes through more accurate decision-making based on a detailed and more complex credit profile of borrowers or applicants.
Bologna, April 2013
Carlo Barbarisi has been appointed Managing Director of CRIF Credit Rating Agency. Since holding the role of rating service development
manager for Italy from 2000 to 2006 in Standard & Poor’s Italian
office, Carlo held a similar position at Fitch Ratings for a further
On February 21, Enrico Lodi, General Manager of Credit Bureau Services at CRIF, was invited to the World Bank InfoShop in Washington DC (USA) to participate in the presentation of the latest issue of the Credit Bureau Knowledge Guide, published by the IFC (International Finance Corporation). This event brought together global experts and market leaders on credit reporting systems to discuss industry insights, including the latest developments in credit reporting services - the first universal set of standards for the industry and credit reporting for micro, small, and medium enterprises – focusing on the important role played by the collection and sharing of credit information in expanding access to credit and in the pursuit of a responsible lending approach.