IDC Fintech October 2020

Bologna (Italy), October 23, 2020 – CRIF – a global company specializing in credit bureau, business information, and credit solutions – is ranked #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 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”.

To thrive in a digital economy, financial services organizations 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 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 is honored 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.”

View the list in its entirety on the idc.com website.

 

About CRIF

CRIF is a global company specializing in credit bureau, business information, and credit solutions. Established in 1988 in Bologna (Italy), CRIF operates over four continents (Europe, America, Africa and Asia). CRIF is currently the leading group in continental Europe in the field of banking credit information and one of the main operators on a global level in the field of integrated services for business & commercial information and credit & marketing management. Through the authorization issued obtained by CRIF RealTime Ireland in 2019, CRIF completed its coverage as an AISP in 31 European countries where the revised Payment Services Directive is applicable.

Over 6,300 banks and financial institutions, 55,000 business clients use CRIF services in 50 countries on a daily basis. In 2019, CRIF’s total revenue was 557 million Euros. For more information: www.crif.com 

 

About IDC Financial Insights

IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company.

For more information, please visit www.idc.com