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A strategic partnership for the future of payments
CRIF, one of the leading global companies in the credit bureau and digital solutions sector, recently announced a strategic collaboration with FlowPay, a Florentine fintech specialized in innovative payment solutions. The main objective of this alliance is to strengthen the offer of digital services in the payment sector in Italy, a market that is constantly evolving and increasingly oriented towards digitalization
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Combining experiences for a better service
The synergy between CRIF and FlowPay is based on the combination of CRIF’s consolidated experience in the development of advanced open banking solutions and on the agility and innovation that FlowPay brings to the payments sector. Thanks to this collaboration, CRIF’s Financial Management platform will be enriched with FlowPay’s cutting-edge technology, allowing us to offer safer, faster and more user-friendly payment solutions. This represents a significant step in improving the end user experience, making transactions simpler and more accessible.
Financial instruments for SMEs
Italian small and medium-sized enterprises (SMEs), which often face significant challenges in managing their finances, will be able to benefit from advanced financial instruments thanks to this partnership. The PFM (Personal Financial Management) and BFM (Business Financial Management) platforms of CRIF and FlowPay will offer SMEs and retail customers the opportunity to optimize the management of their finances, providing a complete view of the accounts and facilitating online transactions. This will not only improve operational efficiency, but it will also contribute to greater competitiveness
in the market.
Advanced features for simplified management
One of the most attractive features of this new offer is the ability to receive automatic notifications for payment deadlines and potential financial stress. Users will be able to manage their finances more effectively, transferring money between accounts to balance expenses or paying off due invoices, all within a single solution. This integrated approach not only saves time, but also makes it possible to optimize the costs associated with managing finances
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PISP license: a competitive advantage
An additional benefit of the partnership is FlowPay’s PISP (Payment Initiation Service Provider) license. This license simplifies the implementation of payment services for customers who do not have such a license or who want to optimize activation times. This aspect is crucial in a context where speed and efficiency are fundamental to the success of business operations
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