Capital markets

CRIF GmbH – a leading provider of business information and data-based technologies in Austria - once again surveyed Austrian banking experts on the development of credit risk, and provides a look back at 2018 in its market barometer as well as a forecast for 2019.

According to the survey results, 87% of Austrian online store operators faced fraud or a fraud attempt in 2018. That is about 8 percentage points more than the year before.

CRIF organized the Expert Forum "Innovations in Credit & Fraud" on June 6, 2019 in the DACH region. This year's event was held under the banner "INNOVATION. TRANSFORMATION. VALUE CREATION."

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

CRIF has been selected as the preferred credit bureau operator from the qualified firms that took part in the international tender process, launched in April 2018.

The partnership between Inventia and CRIF has already brought about important business results in Italy and in other European countries, where a joint solution has found approval in the mobile and financial markets.