CRIF Updates

CRIF Select is excited to announce a partnership with Michigan Credit Union League!

CRIF Select and the Dakota Credit Union Association announce a new strategic partnership for 2022 and beyond!  The Dakota Credit Union Association (DakCU) and DakCU's Service Corporation serve member credit unions throughout the states of North and South Dakota.....

Auto lending is a fiercely competitive business and it’s a very critical element of the relationship between members and member-owned cooperatives across the country.

Consumers expect to be able to be quickly approved – if they’re not already in advance – and drive off with their prized new transportation, and dealers demand trusted technology and processes from the lenders they work with, especially when it comes to indirect lending.

Biškek (Kyrgyzstan) and Bologna (Italy), September, 23 2021 - CRIF, a global company specializing in credit bureau and business information, outsourcing and processing services, and advanced solutions for credit and open banking, has signed an agreement to acquire 70% of “Safe&Sound CJSC”, a credit bureau company in Kyrgyzstan. With the acquisition, the company name becomes "CRIF KG CJSC".

PenFed Credit Union Chooses CRIF Select as Auto Lending Partner
CRIF Select Will Provide Full Service Indirect Lending Solution to PenFed Credit Union

The Central Bank of Uzbekistan has recently issued a license to CRIF Kredit-Axborot Xizmatlari, allowing the establishment of the first world-class private credit bureau in the Republic of Uzbekistan.
CRIF Kredit-Axborot Xizmatlari was founded by CRIF in partnership with six major banks in the country: Uzbek Industrial and Construction Bank, Asia Alliance Bank, Invest Finance Bank, Ipak Yuli Bank, Ipoteka-Bank, and Hamkorbank.
The awarding of the license is the result of a sustained effort over nearly 4 years by CRIF, which was initially selected as the global credit bureau industry player to assist in setting-up a sophisticated, state-of-the-art credit bureau infrastructure. This remarkable milestone was achieved thanks to the great support of local shareholders, the International Finance Corporation (IFC) - a member of the World Bank Group - and the Central Bank of Uzbekistan.

To all of our valued partners: we understand this is a difficult time to service the people that matter to you most. Maybe your lobbies are closed, but we at CRIF Select understand your passion to support the people who give you purpose is still “open.”

Our own passionate team is committed to maintaining the high service levels you expect. We’re here to help you......

Exciting News!  CRIF announces an agreement to acquire the total shareholding of Strands, a FinTech company specialized in advanced digital banking solutions. The closing of the deal is expected to be finalized in the coming weeks.