Issue 423 (Week ending 27/10/2020)

CRIF - a global company specializing in credit bureau, business information, and credit solutions and the parent company to CRIFVision-net has been ranked #52 on the 2020 IDC FinTech Rankings. The 17th annual vendor ranking represents the leading hardware, software and service providers to the financial services industry from around the world. It's the 8th consecutive year that CRIF is ranked among the Top 100 FinTechs at global level.

Top 100 IDC Fintech Rankings

The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software, and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to exceed $577 billion (USD) by 2024.

"Financial services technology is currently in the midst of a wide transformation, and we are proud to be recognized once again by IDC Financial Insights as a leading and trusted partner for our clients", stated Carlo Gherardi, CRIF CEO.

"This is the eighth year that CRIF has appeared on the prestigious IDC FinTech Rankings list, and it's a confirmation of our strong commitment to serve the financial industry using a data-driven approach to decision making, cutting-edge technology, and unique expert knowledge".

Digital Economy

To thrive in a digital economy, financial services organisations must embrace innovative solutions and integrate cutting edge technology effectively in order to enhance the customer experience and achieve operational excellence. CRIF, together with other vendors featured on the IDC FinTech Rankings, is committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers in Ireland and around the world.

Further evidence of its continuous drive for innovation, which is part of CRIF's DNA, has recently launched CRIF Digital Next. An innovative solution that enables banks, insurance companies, and businesses to seize the opportunities generated by Open Banking through an open collaborative technology platform, a service ecosystem, a data layer and analytics that are unrivalled on the market. Open Banking will play a large part in the future of the financial services sector and CRIFVision-net will soon be utilising and offering this new technology to our customers in the months ahead.

"IDC is honoured to recognize the technology providers that appear on the 17th annual FinTech Rankings," said Marc DeCastro, Research Director at IDC Financial Insights.

"These are the companies that have shown commitment to the financial services institutions and their appearance on the list is a testament to that dedication."

If you'd like more information or you'd like to chat with one our information specialists about how our new digital on-boarding and customer transformation solutions can help you, simple give us a call today on Tel: 01 903 2660 or Email: info.vision-net@crif.com