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The correlation matrix (CM) criterion is a recently derived powerful sufficient condition for the presence of entanglement in bipartite quantum states of arbitrary dimensions. It has been shown that it can be stronger than the positive partial transpose (PPT) criterion, as well as the computable cross norm or realignment (CCNR) criterion in different situations. However, it remained as an open question whether there existed sets of states for which the CM criterion could be stronger than both criteria simultaneously. Here, we give an affirmative answer to this question by providing examples of entangled states that scape detection by both the PPT and CCNR criteria whose entanglement is revealed by the CM condition. We also show that the CM can be used to measure the entanglement of pure states and obtain lower bounds for the entanglement measure known as tangle for general (mixed) states.