Know Your Customer and credit information provider CRIF announce commercial partnership - AML Intelligence
Compliance & Anti-Financial Crime
Leadership | Insight | Network

Financial Services

Know Your Customer and credit information provider CRIF announce commercial partnership

By Elizabeth Hearst for AMLi

Leading RegTech company Know Your Customer has announced a global commercial partnership with banking credit information provider CRIF. 

Italian-based CRIF specialises in credit bureau and business information, while Know Your Customer provides digital solutions to corporate KYC and client onboarding to global financial institutions. 

It’s reported that 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”. 

In a statement, Know Your Customer said the expected capital injection will allow the company to “broaden its product scope to target previously untapped sectors and extend the development of Artificial Intelligence (AI) and automation components within its platform”.

Speaking following the announcement, Claus Christensen, CEO & Co-Founder of Know Your Customer said the 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”.

Carlo Gherardi, CRIF CEO added that “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”. 

Know Your Customer was established in 2015, and provides digital onboarding solutions to regulated organisations globally. The company now boasts offices in Hong Kong, Singapore, Shanghai, Dublin and London. 

Share this on:

Follow us on:

AML Intelligence
We hope you enjoyed reading this article

If you would like unlimited access to AML Intelligence premium articles, newsletter delivered twice a week, access to our Global Bank Fines and Penalties database, free access to Boardroom Series events and much more, select one of our subscription options and become a subscriber!