CRIF, the credit bureau reporting and business information firm, is joining forces with Ozone API, the open banking API solutions provider, in a move to drive financial inclusion and enable financial institutions to support their customers to make more informed decisions about their financial wellbeing.
By combining CRIF’s credit information and decision support systems with Ozone API’s open banking experience and secure standards-compliant technology, the two entities are focused on helping financial institutions securely expose their data and create a comprehensive suite of financial solutions that address their evolving needs.
The primary objectives include enhancing data-driven decision-making, streamlining banking operations and significantly improving customer satisfaction. This collaboration aims to leverage the strengths of both companies to offer superior value to clients, driving growth and innovation in the financial sector.
“By partnering with Ozone API, we are combining our strengths to create a seamless and efficient banking experience for our clients,” Andrea Martellone, digital platform business development and ecosystem strategy senior director at CRIF. “This collaboration aligns perfectly with our mission to innovate and provide advanced solutions that drive growth in the financial sector.”
The partnership between CRIF and Ozone API is driven by a shared vision of transforming the financial services landscape through collaboration and innovation. By integrating their respective strengths, both companies aim to provide comprehensive solutions that meet the diverse and evolving needs of financial institutions.
Supporting decision-making
Ozone API explained that it expects both clients and end users to gain significantly from this partnership. Financial institutions will have access to integrated solutions that enhance decision-making, optimise operations and improve the customer experience.
Meanwhile, end users will benefit from more personalised and efficient banking services, better access to credit information and innovative financial products tailored to their needs. The combined expertise of CRIF and Ozone API will ensure the delivery of high-quality, reliable and secure banking services.
“This is an exciting partnership for Ozone API, as this will help drive financial inclusion by providing the right tools to financial institutions to allow their customers to make more informed decisions about their financial wellbeing and get access to a wider range of financial services,” added James Bushby, global partnership lead at Ozone API.
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