Now that the majority of purchases and transactions are made online or digitally, it is imperative to offer a good and consistent user experience. Adding location-based services can improve user satisfaction and in turn benefit the financial institutions that implement them.
Bulder Bank becomes Snowdrop’s first Norwegian customer to integrate its Transaction Data Enrichment services.
Cashplus Bank launches a new feature powered by Snowdrop MRS that uses crowdsourced data to accurately track and categorise business spending.
French pocket money app Kard has rolled out location-enabled and data enriched services so families can better understand how and where they spend money.
ecolytiq and Snowdrop Solutions join forces to accelerate climate awareness and behavioral change for banking customers
Visa Fintech Partner Connect program members ecolytiq and Snowdrop have partnered to combine transaction enrichment and carbon footprinting technology and accelerate climate awareness in banking.
Although MCC codes are useful to distinguish an establishment, they are not sufficient information to obtain the details of a transaction or purchase. In this article we look at why banks and financial institutions should add data enrichment services to provide a better digital banking user experience.