CRIF partners with SIA for delivery of Open Banking services in Italy & Europe

Source: IBS Intelligence 2020-07-15

Credit bureau, business information and credit solutions provider, CRIF has signed a strategic partnership with European hi-tech company, SIA for the delivery of advanced Open Banking services and applications in Italy and Europe. The new partnership aims to speed up the innovation process of banks, corporates and FinTechs in the digital ecosystem.

“We are delighted to announce this partnership with a global player such as SIA. The complementarity of our two companies represents a great value that we intend to deliver to our respective customers and their end customers. We are aware that the acceleration on themarket caused by innovation will allow us to improve over time our integrated offer to reach the next levels with increasingly innovative and high-performing digital solutions,” commented Carlo Gherardi, CEO of CRIF.

According to the companies, the agreement is expected to cover end-to-end management of the user experience, leverage Open Banking offerings and facilitate the management of customers’ personal finances through advanced Personal and Business Finance Management (PFM and BFM) solutions. They are expected to develop new use cases and collaboration models among financial institutions, corporates and FinTechs.

“The reliability of SIA’s infrastructures and transactional services in the payments sector and the quality of CRIF’s information services features already valued and recognized in Italy and abroad, represent an excellent combination that allows us to compete in Europe, confirming our leadership in innovation and supporting the financial market in the development of new operating models offered by Open Banking,” said Nicola Cordone, CEO of SIA.

CRIF

SIA

CRIF partners with SIA for delivery of Open Banking services in Italy & Europe

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