Press Releases

Atlanta, GA, September 4, 2020

PenFed Credit Union Chooses CRIF Select as Auto Lending Partner

CRIF Select will provide full service Indirect Lending Solution to PenFed Credit Union.

Bucharest (Romania) and Bologna (Italy), August 31, 2020

BRD – Groupe Société Générale enhances its retail loan origination process in Romania, partnering with CRIF

CRIF has been selected as partner for the implementation of an end-to-end retail application for individuals and small businesses, from engagement through disbursement.

Milan, July 29th, 2020

Digital: We Wealth - through Voices of Wealth - closes a second round of financing of €1.5 million with the entry of three major shareholders (CRIF, Gellify, B.Group) and some private investors

The entry of new shareholders will guarantee We Wealth new capital, access to innovative technology solutions, and value-added services to consolidate and accelerate its growth path.

Milan and Bologna, July 13, 2020

Open business: CRIF invests in YOLO’s share capital and strengthens its insurtech business

With this transaction, CRIF, together with other investors, will contribute to YOLO’s growth path and strengthen the partner ecosystem of its CRIF Digital Next platform.

Milan and Bologna (Italy), July 14 2020

Open banking: a strategic partnership for CRIF and SIA in Italy and Europe

Thanks to this agreement, the two companies will offer innovative services aimed at accelerating the digital transformation process of banks, corporates and fintechs driven by the innovations introduced to the market by PSD2.

Kuala Lumpur (Malaysia), June 29, 2020

CRIF obtains Credit Reporting Agency license in Malaysia

CRIF OMESTI Sdn Bhd - a joint investment between CRIF and OMESTI Holdings Berhad - has obtained a credit reporting agency (CRA) license in Malaysia from the Ministry of Finance Malaysia. 

Tashkent (Uzbekistan) and Bologna (Italy), June 19, 2020

CRIF Kredit-Axborot Xizmatlari obtains license to establish and operate credit bureau in Uzbekistan

The creation of this crucial infrastructure will facilitate the development of the Uzbek credit market, which will in turn help SMEs and consumers to continue to transition to more advanced markets, based on sophisticated credit reference services and value-added solutions.

Bologna (Italy), June, 2020

CRIF outlook: in 2020, the impact of COVID-19 is expected to lead to a 23% drop in company margins

Cash flows will essentially be cut in half, with peaks of 90% for companies operating in sectors with high levels of working capital.

May, 2020

University of Bologna and CRIF renew their partnership for another five years

A partnership that has been around for many years and which will see the continued collaboration between the University and the Bologna-based company, developing projects and initiatives for the University’s students and graduates.

May 4, 2020

Information Service Provider CRIF is appointing new head for Germany, Austria and Poland

As of 1 May 2020, Frank Schlein will take over responsibility for expanding the market position and accelerating the growth of the CRIF Group in the various country markets.