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Chennai, NFAPost: CRIF, a global company specialising in credit bureau, business information, and credit solutions, is ranked No 52 on the 2020 IDC FinTech Rankings. This 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.

The Fortune 500-style ranking categorises 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 by 2024.

CRIF CEO Carlo Gherardi said, “Financial services technology is currently in the midst of a wide transformation, and we are proud to be recognised once again by IDC Financial Insights as a leading and trusted partner for our client. 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”.

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 around the world.

As a further evidence of its continuous drive for innovation, which is part of its DNA, CRIF 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 unrivaled on the market.

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

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