Digital disruption in financial services is already a reality for retail customers, but it hasn’t happened yet for SMEs and entrepreneurs, who were still seeing their needs and demands pretty much uncovered. SMEs across the globe are looking beyond-banking ecosystems, integrating third-party services, that cover their needs in a single, easy-to-use service, allowing them to focus on their core activities. Find out how STEP, a global marketplace of financial products for SMEs, used CRIF Group’s solutions, including Strands’ BFM and Engager, enriched by CRIF account aggregation, in order to deliver excellence in every product/service to SME and corporate customers. You can read here all about the article “From Open Banking to Open Finance for SMEs”, published in FinTech Magazine.

The market share of Buy Now PayLater in worldwide e-commerce payments doubled from 2019 to 2021, and now stands at a total share of 3% globally. In 2016 it was only 0.4%. Financial institutions, e-commerce merchants, customers, and regulators will inevitably have to familiarize themselves with the opportunities and, of course, challenges of this disruptive trend. Certainly, BNPL is attractive to customers because it allows them to buy a product immediately without paying the full amount at the time of purchase, but a few challenges need to be faced when dealing with this kind of payment. Find out how an information solutions provider like CRIF can be an important partner for BNPL players to ensure the smooth and effective running of BNPL processes.

Only 56% of companies recognize their business network as an extension of their organization, and this prevents them from knowing exactly what their sustainability impact is in the different segments of their Supply Chain. Furthermore, most companies are now managing their sustainability to some extent, but they often only deal with 10% of their impact; 90% of their carbon footprint comes from the supply chain. Find out how to assess ESG sustainability within the supply chain in the article “Sustainable supply chains: increased visibility of suppliers” published in Global Trade Review (GTR).

The EU-funded TranspArEEnS project, established to deliver a standardized approach to the transparent and rigorous assessment of small and medium-sized enterprises’ (SMEs) energy efficiency (EE) and environmental, social and governance (ESG) performance, has started its exclusive data collection with CRIF. The first and second phases of the Project have already attracted interest from SMEs, which account for approximately 99% of all European companies, as well as from banking and insurance institutions and trade associations.

SMEs, and in particular micro and small companies, are an important part of the European economy. This segment includes over 25 million companies, with a total turnover of over €10bn.

CRIF Information Bureau Jamaica is delighted to invite you to “The Digital Transformation of Credit Risk: a Disruptive Revolution”, an online event to discover new digital solutions with the objective of enhancing the overall customer experience.

The Private Sector Organisation of Jamaica (PSOJ) presents a Digital Conference CROSSING THE CHASM: THE ROAD TO ECONOMIC RECOVERY August 14, 2020 9:00 AM - 5:00 PM

“Enhanced Credit Score Forum”
• How to use a Credit Score to support the Decision Making Process
• Can I rely on the Credit Score?
• Can it be used to make Automated Credit Decisions?
These and other questions will be addressed at this must attend forum
Thursday, September 21, 2017
8:30 - 12:00pm
Terra Nova All Suite Hotel
17 Waterloo Road
Kingston 10