CRIF


CRIF is currently the leading group in continental Europe in the field of banking credit information and one of the main operators on an international level for integrated services for business & commercial information and credit & marketing management.
CRIF GmbH is the leading provider in Austria of credit risk management, fraud prevention and decision management solutions for every phase of the customer relationship cycle. CRIF is the market leader for B2C information and has the largest database of negative payment information in Austria.
CRIF’s mission is to create value by supporting businesses to perform better and consumers to manage their credit health with a comprehensive range of professional skills and solutions.
Need: ensuring a balance between the maximum acceptance rate and minimization of bad debts due to non-paying customers and fraudsters
Solution: the Fraud Prevention Kit, which can be integrated as an extension to Consumer Credit Check, allows the verification of customer applications based on selected criteria — in real time, meaning right at the start of the application process
Results: the Fraud Prevention Kit was able to identify a significant number of applications made to T-Mobile web shops, which in turn identified and prevented fraudulent cases in the lower double-digit percentage range, translating into five-digit savings (in euros) per month.
Need: Development of a modern solution to integrate into one system the existing balance sheet analysis and rating with the simultaneous compatibility of economic impact and rating.
Solution: With the help of CreditFlow and StrategyOne, six existing rating modules were integrated into the process-driven settlement software.
Results: The business processes for assessing creditworthiness and economic impact are mapped in a system with high usability and which has led to clear, transparent and faster decision-making processes.
CRIF GmbH
Diefenbachgasse 35
1150 Vienna, Austria
www.crif.at
marketing.at@crif.com