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Press Releases from CRIF (5 total)

Know Your Customer and CRIF announce strategic investment and global commercial …

Leading banking credit information provider CRIF today announced a global commercial partnership with award-winning RegTech company Know Your Customer underpinned by a strategic financial investment into the firm. A global company based in Bologna (Italy), CRIF specializes in credit bureau and business information, as well as advanced digital solutions for business development and open banking. Know Your Customer is an award-winning RegTech company headquartered in Hong Kong with offices in Singapore, bolsters market position with CRIF partnership

DUBLIN and BOLOGNA, 27 January 2021 -- today announced a strategic alliance with CRIF S.p.A’s Skyminder services. will further strengthen its proposition with the integration of CRIF’s services, which give access to in-depth credit, financial and business information on over 230 million companies all over the world. As part of this strategic alliance CRIF has become a shareholder in alongside IBM and the twelve existing bank shareholders. “We’re

CRIF Launches Fraud Detection Tool for Pet Insurers

CRIF Decision Solutions [CRIF] has launched Sherlock Detection, an automated fraud detection tool which rapidly risk assesses every claim, to help pet insurers prevent, manage and detect fraud swiftly and efficiently. Sherlock Detection works across all lines of insurer business and is already available internationally. Its UK launch is focussed on the pet insurance market which continues to face rising claims costs and increasing fraud. The fraud

RSA to Extend Use of CRIF’s Industry Database for Pet Insurance Claims

RSA is to extend its use of CACHE Pet, the industry’s first pet insurance claims database developed by CRIF Decision Solutions [CRIF] to support insurers facing fraud risk and rising claim costs. The news comes as the ABI released figures revealing that pet insurers paid out an average £2 million per day in claims in 2017, the highest figure on record and increasing 10% year on year.

RSA Subscribes to CRIF’s Centralised Industry Database for Pet Insurance Claim …

RSA has consolidated its in-house claim data related to pet claims on the centralised platform. Initially using CACHE Pet at point of claim, the insurer will interrogate the consolidated data to identify fraud and validate claims faster and accurately. CRIF is currently in talks with a number of pet insurers and expects to announce further subscribers to the new database shortly. Built to import current and historic claims data,

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