Know Your Customer and CRIF announce strategic investment and global commercial partnership for premium corporate KYC

Hong Kong, Dublin & Bologna, 31 August 2021 – Leading banking credit information provider CRIF today announced a global commercial partnership with award-winning RegTech company Know Your Customer underpinned by a strategic financial investment into the firm.

A global company based in Bologna (Italy), CRIF specialises in credit bureau and business information, as well as advanced digital solutions for business development and open banking.

Know Your Customer is an award-winning RegTech company headquartered in Hong Kong with offices in Singapore, China, Ireland, and the UK. It provides digital solutions for corporate KYC and client onboarding automation to financial institutions worldwide.

The partnership will enable Know Your Customer to leverage CRIF’s long-established and extensive customer network across 40 countries and 10,500 financial institutions to accelerate growth in new and existing global markets. The capital injection will allow Know Your Customer to broaden its product scope to target previously untapped sectors and extend the development of Artificial Intelligence (AI) and automation components within its platform.

Under the agreement, CRIF will expand its existing KYC data offering to include Know Your Customer’s premium cloud-based platform to power end-to-end digitisation of corporate onboarding for the global financial sector.

The collaboration between the two firms aims at accelerating innovation processes for banks and FinTechs in need of extensive digital transformation in our new business environment. The partnership will also provide an enhanced customer experience to individuals and businesses worldwide by leveraging a more comprehensive and updated data set, ultimately making access to credit simpler.

The transaction follows significant business growth for Know Your Customer over the past 18 months. The company’s client base spans 11 sectors and 18 jurisdictions, including Tier 1 banks, leading corporate service providers, large credit card issuers, fast-growing FinTechs and Asian and European challenger banks.

Claus Christensen, CEO & Co-Founder of Know Your Customer, commented:

“This new partnership and investment represent a tremendous achievement as well as an essential foundation for the next phase in Know Your Customer’s global expansion. The entire team at Know Your Customer is looking forward to collaborating closely with CRIF to expand the reach and further advance the capabilities of our cutting-edge corporate KYC solution”.

Carlo Gherardi, CRIF CEO, added:

“Know Your Customer’s technology represents a strategically important addition to our product portfolio, strengthening our position as centre of excellence for corporate KYC solutions in Asia and at global level”.

Following the investment, Paola Galassi, Executive Director of B2B Services at CRIF, will join Know Your Customer’s board of directors.

Zelig acted as exclusive strategic and financial advisor to Know Your Customer on the investment by CRIF.Hong Kong, Dublin & Bologna, 31 August 2021 – Leading banking credit information provider CRIF today announced a global commercial partnership with award-winning RegTech company Know Your Customer underpinned by a strategic financial investment into the firm.

A global company based in Bologna (Italy), CRIF specialises in credit bureau and business information, as well as advanced digital solutions for business development and open banking.

Know Your Customer is an award-winning RegTech company headquartered in Hong Kong with offices in Singapore, China, Ireland, and the UK. It provides digital solutions for corporate KYC and client onboarding automation to financial institutions worldwide.

The partnership will enable Know Your Customer to leverage CRIF’s long-established and extensive customer network across 40 countries and 10,500 financial institutions to accelerate growth in new and existing global markets. The capital injection will allow Know Your Customer to broaden its product scope to target previously untapped sectors and extend the development of Artificial Intelligence (AI) and automation components within its platform.

Under the agreement, CRIF will expand its existing KYC data offering to include Know Your Customer’s premium cloud-based platform to power end-to-end digitisation of corporate onboarding for the global financial sector.

The collaboration between the two firms aims at accelerating innovation processes for banks and FinTechs in need of extensive digital transformation in our new business environment. The partnership will also provide an enhanced customer experience to individuals and businesses worldwide by leveraging a more comprehensive and updated data set, ultimately making access to credit simpler.

The transaction follows significant business growth for Know Your Customer over the past 18 months. The company’s client base spans 11 sectors and 18 jurisdictions, including Tier 1 banks, leading corporate service providers, large credit card issuers, fast-growing FinTechs and Asian and European challenger banks.

Claus Christensen, CEO & Co-Founder of Know Your Customer, commented:

“This new partnership and investment represent a tremendous achievement as well as an essential foundation for the next phase in Know Your Customer’s global expansion. The entire team at Know Your Customer is looking forward to collaborating closely with CRIF to expand the reach and further advance the capabilities of our cutting-edge corporate KYC solution”.

Carlo Gherardi, CRIF CEO, added:

“Know Your Customer’s technology represents a strategically important addition to our product portfolio, strengthening our position as centre of excellence for corporate KYC solutions in Asia and at global level”.

Following the investment, Paola Galassi, Executive Director of B2B Services at CRIF, will join Know Your Customer’s board of directors.

Zelig acted as exclusive strategic and financial advisor to Know Your Customer on the investment by CRIF.

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Leonardo Lapalorcia September 8, 2021 0 Comments

Senior Business Analyst

Job Descriptions:
The candidate will be involved in supporting marketing and data analysis related activities. The Business
Analyst will be involved in activities such as:

  1. Provide pre-sales support to sales team for the following:
    – Provide technical knowledge such as CB Score, CB matching and other CB value added products
    – Assist in pre-sales activity such Client Portfolio Analysis and Retro Analysis
    – Another analytic related project.
  2. Managed market/industry research and maintain internal data dashboard.
  3. Perform data analysis and visualization to provide insightful data to support the management and other related function or clients.
  4. Document preparation and presentation.
  5. Project cycle management and responsibility for requirement, delivery, costs, and quality of releases.
  6. Manage coordination of project team composed of consultants/sales, operation, developers, and specialist.

Job Requirements:

  • 5 years of experience in similar job functions, preferable from financial industry.
  • Degree in Economics, Math, Statistics or Management Engineering
  • Demonstrate proven proficiency in English
  • Presentation and negotiation skills
  • Analytic skills (development) and problem solving is a plus
  • Self-organization of all activities and priorities management
  • Focused on the ultimate goal (the customer needs)
  • Knowledge of SAS or equivalent statistical software is considered a plus.

email to: recruitment@cbclik.com

Please mention on Subject E-mail : Source Vacancy – Position Applied

Example : Website – Senior Business Analyst

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Junior Data Quality

Job role
The Junior Data Quality responsible to participates in works with all types of data and translate the data to be processed and made into reports to assist the company data management and processing. Also participate to software releases, monitoring and supports implementation planning and other operational preparations. Assures the effectiveness, accuracy, and deployment of those systems. Works with moderate guidance in own area of knowledge.

  • Main responsibilities:
    • Manage and process various of confidential data according to guidelines.
    • Generate periodic and ad-hoc reports.
    • Performing analysis to assess quality and meaning of data.
    • Participate in conducts studies pertaining to development/enhancement of new information systems to meet current and projected business needs. Works with Software Developers to support design and development, as required.
    • Support the testing team and business users in validating that the programs meet the requirements. Participates in integration and test procedures. Compares test results against requirements to validate that coding is accurate.
    • Support Sales team with technical operation knowledge.
    • Supporting initiatives for data integrity and normalization.
  • Requirements:
    • Bachelor’s Degree in Information Technology, Information System, Mathematics, Economics, Computer Science, Information Management, or Statistics.
    • Minimum 1-year experience in IT or Financial company.
    • Have understanding of data administration and management functions (prepare, integration and analysis/reporting).
    • Proficient in MS Office (Excel, Access). Basic knowledge on any data integration software (ex: Talend, Pentaho, Airflow etc) and programing skills.
    • An analytical mindset with problem-solving and attention to detail.
    • Excellent communication and collaboration skills.
    • Proficiency communicate in English is a must.

email to: recruitment@cbclik.com

Please mention on Subject E-mail : Source Vacancy – Position Applied

Example : Website – Junior Data Quality

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Sales Manager (Revenue Management)

Job role
Ensure all accounts are running well and approach clients to get a lot of inquiries.

  • Main responsibilities:
    • Responsible for all new member onboarding processes from account creation until technical
    implementation process completed.
    • Responsible to manage all signed up member enquiry activities to ensure monthly volume
    commitment is made by the member.
    • Maintain communication with all of the onboarded member to understand their operational to
    ensure smooth data pulling processes.
    • Maintain communication with all of the onboarded member to ensure all technical problems can
    be channelled to Sales Manager Account Management in order to orchestrate communication with
    CLIK internal operation team.
    • Conduct once a week internal Cadence call with Operation team to provide member enquiry status
    update.
    • Support Sales team with technical operation knowledge.
    • Available to help Operation team when needed to improve our customer service to all members.
    • Conduct sales meeting with prospective clients and with current clients to increase company
    revenue.
    • Support front liner sales during scope and strategy definition for each account making sure that the
    service offered and scope of collaboration maximizes short term kpi and long term objective of the
    company including data growth and service innovation.
    • Ensure that sales department policies and procedures are implemented and optimized.
    • Collaborate with credit bureau operation providing feedback from Market and clients on clik value
    proposition identifying areas of improvement and innovation for our product.
    Requirements:
    • Multi-cultural sensitivity and interpersonal relationship management, including the ability to work
    independently and effectively within International teams
    • 3 – 5 years’ experience in the Banking/Financial Services sector ideally with previous exposure to
    loyalty management.
    • Strong sales experience and proven negotiation skills
    • Strong communication, interpersonal and collaboration skills are needed to influence direction and
    change attitudes and decisions of senior figures within new and existing client organizations.
    • Strong self-management skills including demonstrable drive and energy.
    • Ability to travel frequently
    • Excellent presentation and negotiation skills
    • The highest degree of professionalism
    • Exceptional verbal and written skills
    • Time management skills along with a problem-solving attitude
    • Bachelor’s degree in business or related field
    • Must be fluent in English.

email to: recruitment@cbclik.com

Please mention on Subject E-mail : Source Vacancy – Position Applied

Example : Website – Sales Manager (Revenue Management)

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CLIK supports the AFPI Fintech Webinar event in Indonesia

On March 9th, 2021, the Indonesian Joint Funding Fintech Association (Asosiasi Fintech Pendanaan Bersama Indonesia – AFPI) holds a webinar event on “COVID-19 and Indonesia Fintech Lending: Path Forward for Players, Regulators, and Investors”.

The event will investigate the impact of the Covid-19 pandemic on the Indonesian Fintech industry, and more specifically, on the Fintech regulation and investing climate. Webinar participants will also discuss on how to build a collaborative Fintech ecosystem.

The Indonesian Joint Funding Fintech Association (Asosiasi Fintech Pendanaan Bersama Indonesia – AFPI) is an organization that houses the Fintech Peer to Peer (P2P) Lending or Fintech Online Funding business in Indonesia. The Financial Services Authority (OJK) appointed AFPI as the official association of information technology-based lending and borrowing service providers in Indonesia.

Fintechs are the most dominant category of start-ups in Indonesia, and COVID-19 Pandemic has significantly affected this sector. Considering the crucial role Fintechs will play in future digital economy, Indonesian Fintech players and associations need to understand all the factors that accelerate, or restrict, Fintech investments.

The AFPI event aims at provide an overview of the current situation, including industrial regulation and supervision, ways of adaptation, and improving Fintech collaboration with the digital ecosystem.

CRIF is sponsoring this event through its affiliate Indonesian company PT CLIK, licensed by the Financial Services Authority of Indonesia (OJK) to operate a credit bureau.

“CLIK’s involvement in this event is aimed at showing support for the Fintech lending industry”, commented Leonardo Lapalorcia CEO of CLIK. “Fintech lending has play a key role in supporting the economy and society in these very difficult times. The ability of Fintechs to adapt to fluid market conditions has significantly contributed in growing financial access for both consumers and MSME in Indonesia, despite the global economic crises. We are proud to support several Fintech lending institutions with our data and predictive analytics services and, in our own way, contribute to the growth of more inclusive and sustainable Fintech lending practices”.

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Senior Account Manager

CLIK is an innovative company specializing in credit bureau, predictive analytics and decision systems; our clients are mainly finance companies, insurance companies, utilities and enterprises. In order to develop our company we are looking for:

Senior Account Manager

Job Role:

  • Managing a portfolio of accounts to achieve long-term success. Developing positive relationships and handling customers’ needs.
    Generating new sales using existing and potential customer networks.
  • Ensure the meeting of the assigned turnover and profitability goals  for the market of reference. Help the Sales & Marketing director in the definition  of marketing and sales strategies with reference to the market of competence and guaranteeing their full implementation at a later stage.
Main responsibilities:

  • Managing a portfolio of accounts.
  • Dealing with all aspects of a campaign.
  • Using an existing network of industry contacts to generate new business.
  • Acquisition of new customers in key industries (Banking, Multi-Finance, Micro-Finance,
  • General Insurance, Life Insurance and Telco) Build and maintain good customer relationships.
  • Drafting of commercial proposals that respond to the maximum extent to the client’s needs taking responsibility for the production of proposals.
  • Ensure the meeting of sales objectives – which were predetermined at the beginning of the year – by means of direct selling as well as of cooperation with Sales Consultants on prospects.
  • Propose to Sales Director marketing actions and/or commercial strategies aimed at results’ improvement and at business competitiveness.
  • Monitor and Ensure complete customer satisfaction (in case of complaints, request for assistance, interpretation of the service, etc.) thanks to an immediate and effective intervention of the «Back Office» office.
  • Creates accurate and punctual reports on sales activities, delivers presentations to customers, shares information and ideas internally.
  • Position Qualifications
    • 5 to 10 years of relevant working experience.
    • Proven work experience as a Senior Account Manager.
    • Experiences in Multinational IT Company is a must.
    • University degree, in economics, business, engineering, Management, statistics or any other relevant field.
    • Excellent sales aptitude;
    • In-depth knowledge of target industry and risk management.
    • Strategic management of client relationship;
    • Focus on results;
    • Hands on experience with CRM software and MS Office (particularly MS Excel)
    • Familiarity with sales performance metrics
    • Excellent communication skills with a customer service attitude
    • English Proficiency is a must
    • Strong analytical and organization skills
    • BSc degree in Business Administration, Sales or relevant field.

email to: recruitment@cbclik.com

Please mention on Subject E-mail : Source Vacancy – Position Applied

Example : Website –  Senior Account Manager

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Leonardo Lapalorcia January 14, 2021 0 Comments

CRIF and Fondazione Golinelli join forces to launch the I-Tech Innovation 2021 program

CRIF and Fondazione Golinelli join forces to launch the I-Tech Innovation 2021 program to fund technological innovation in the Fintech/Insurtech, FoodTech/Agritech and Digital Health Tech sectors.

€ 1.6 million in total investments for three calls dedicated to innovative startups that will be managed by the G-Factor incubator-accelerator with the support of Digital Magics.

The recent health emergency has exposed the technological and IT upgrading of infrastructures, technological innovation in commodity and service production systems, and the teaching of the digital culture in schools, which is still not adequate to compete on an international stage.

I-Tech Innovation 2021 aims to encourage the creation of a new kind of entrepreneurship with highly innovative and technological content in the immediate future, investing in areas of excellence, and in technological development.

Fondazione Golinelli, which with its incubator-accelerator known as G-Factor has become a point of reference in life sciences, and CRIF, specializing in the Fintech and Insurtech sector, are planning a series of future initiatives within the context of their partnership spanning several years in various sectors, such as: agritech, industry 4.0, open innovation, data science, artificial intelligence, internet of things, and virtual reality.

The three Calls for Innovation of the first I-Tech Innovation 2021 program will be managed by G-Factor, from promotion to selection, to the delivery of the acceleration program, with the technical support of Digital Magics, the leading startup incubator in Italy.

The three separate Calls for Innovation are aimed at selecting 13 startups who will participate in a significant mentorship program and support program in the development of their 8-month business models, involving training days in Bologna (Italy), which will be alternated with remote mentoring meetings.

For each of the 13 successful startups, € 40,000 will also be allocated to services, with a total additional investment in training of € 520,000.

Applications must be received by December 3, 2020 and the list of selected projects will be announced on April 13th, 2021.

Visit the following pages and apply now:

 

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CRIF obtains Credit Reporting Agency license in Malaysia

KUALA LUMPUR (MALAYSIA), JUNE 29, 2020

CRIF OMESTI Sdn Bhd – a joint investment between CRIF and OMESTI Holdings Berhad – has obtained a credit reporting agency (CRA) license in Malaysia from the Ministry of Finance Malaysia.  The operation will allow CRIF to extend its global coverage to Malaysia as a licensed CRA to provide credit reports and business information services for financial institutions, corporations, and SMEs.

The joint investment between CRIF and OMESTI Holdings Berhad was formalized in late 2019. Omesti Holdings Berhad is wholly-owned by Omesti Berhad, a public listed company in Malaysia, with its proprietary solutions for digital courts technology, business register management, and banking solutions.

“The credit reporting/information space is an area that we believe holds significant potential, not just in Malaysia but across the region. We were therefore keen to increase our footprint, hence the joint investment with CRIF, where we hold a 30% direct stake at present,” says Mah Xian-Zhen, Director of CRIF OMESTI Sdn Bhd.

“As a licensed credit reporting agency in Malaysia, CRIF will deploy its business information platform technology and its state-of- the-art credit scoring and analytics to the Malaysian market, to raise the bar for business information services, and raise the market to the next level of digital transformation journey,” commented Chrystal Saw, CEO of CRIF OMESTI.

Since commencing its journey into East Asian markets in 2005, CRIF has discovered that the fragmented information framework of many of these countries are key issues to address in order to achieve financial inclusions.

“When it comes to the SME segment of the market, many business owners are refused loans based on criteria that do not necessarily explain how the business is doing. Reliable credit reporting and access to verified business information are therefore critical components of successful trade. This is especially true when it comes to cross-border transactions, where potential trading partners need to ensure they can enter into business in the firm knowledge that the information on which they are basing their decisions is accurate and verified. This requirement becomes even more vital as regional economies push to recover post-COVID-19 pandemic and strive to attract new investment,” adds Xian.

Today, CRIF is directly operating in nine Asian countries – India, Indonesia, Philippines, Vietnam, Singapore, China, Taiwan, Hong Kong, and now Malaysia – with additional coverage in thirteen other countries. Apart from offering the credit information services in the country, this strategic move will also connect Malaysian businesses to the ASEAN region. Ultimately, ASEAN will be a more accessible region as a whole for trade and investment.

“I’m very pleased that we have been able to extend our operations in the Malaysian market,” said Lamberto Barbieri, CRIF Asia Managing Director. “Through our expertise in credit information and range of technology solutions, we are well placed to help drive business development in the region forward, together to the next level.”

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CRIF signs agreement for the acquition of 100% of STRANDS Inc.

Bologna (Italy) and Barcelona (Spain) March, 30 2020 – CRIF, a global company specialized in credit bureau, business information, credit and open banking solutions, 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.
Strands, based in the US, is one of the top global providers of AI-driven Business and Personal Financial Management with offices in Spain, Asia and South America.
Experts in Big Data, A.I. and Machine Learning since 2004, Strands creates highly-customizable digital money management software (BFM, PFM and more) for top-tier financial institutions worldwide, and empowers people to be smarter with their money. Moreover, Strands has carried out more than 700 implementations to date globally.
Already partners for financial management solutions, both companies have invested in advanced Open Banking and Digital Economy solutions.
The combination between Strands and CRIF will create a strong worldwide digital solutions provider in access to account, account aggregation, and AI-powered BFM and PFM solutions, with new synergies in terms of expertise, solutions and offerings. It will allow further development of an ecosystem of innovative and end-to-end open banking solutions for banks and financial institutions, helping them to evolve their offerings and to boost their business through digital channels, with a constant focus on sustainability and customer needs.
“Strands is trusted by more than 700 financial institutions and over 100 million banking consumers as a key part of the financial ecosystem, and together with CRIF can support the rapid growth of digital banking services. Strands’ mission is to enable banks to anticipate customer needs and proactively suggest next-best-actions, and we are excited about this opportunity to continue delivering on that promise”, said Erik Brieva, CEO of Strands.
“We are happy to announce the agreement for the acquisition of Strands that will allow CRIF to create a worldwide digital solutions provider for open banking. Through this deal, CRIF will combine its market knowledge and expertise with an innovative and well positioned Fintech player, creating synergies that will help our global clients to keep on growing and innovating through their digital transformation journey”, commented Carlo Gherardi, Chairman of CRIF.

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CLIK obtains a license to operate a private credit bureau in Indonesia

Based on existing regulations, the Financial Services Authority of Indonesia (OJK) has issued a Credit Bureau License to CLIK, an affiliate of CRIF spa and joint venture company with other leading technology and service providers in the Indonesian financial industry (Valdo InternationalBintang Mulia Andalan, Global Integrasi prima and Wahyu Kartu).
PT CLIK will start working with the public credit registry (PCR) data, which is currently collected by the OJK. The PCR data and updates will be regularly shared with CLIK. The PCR accounts for hundreds of millions of credit facilities contributed regularly by banks, NBFIs, MFIs, and P2P lenders.

The establishment of a credit bureau will help develop the local credit market, allowing SMEs and consumers to move to a more advanced market based on credit references. At the same time, thanks to the availability of comprehensive and updated credit information, lenders will be able to deliver financial services at significantly reduced costs and expand the credit offer to the consumer and SME segments of the economy.

“The Credit Bureau represents another important milestone for CRIF in the country’s business development strategy. Since 2013, CRIF has been operating in Indonesia, delivering analytics and software solutions to all segments of the financial industry. CRIF’s presence was consolidated in 2017 through the acquisition of PT Visi Globalindo Data Utama, one of the leading business information providers in the country”, commented Leonardo Lapalorcia, CRIF PT Managing Director.

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