Tag: how to

  • Why Payment Data Enrichment is Important in banking and How to Start

    Why Payment Data Enrichment is Important in banking and How to Start

    We all use data enrichment every day, often without realising it. Google’s autocomplete feature, for instance, relies on data enrichment to provide users with a more intelligent search experience.

  • Enriched payment data: nice-to-have? A must-have from next year! 

    Enriched payment data: nice-to-have? A must-have from next year! 

    Data is the most valuable commodity of the 21st century, and its importance is growing every day across industries. Finance and payments are good examples of this. Find out what the new Mastercard Mandate means for banks and fintech

  • Payment data enrichment: How to choose the right partner for your business

    Payment data enrichment: How to choose the right partner for your business

    Data is the key to understanding the customer and the long-term success of any business, so it’s no wonder it’s a sought-after commodity. Accurate and detailed data not only unlocks the door to further business growth, but also to increasing customer satisfaction.

  • How to Cross-sell through enriched card payment data

    How to Cross-sell through enriched card payment data

    Have you ever been hesitant to go into a car dealership for the fear of being mobbed by hungry salesmen? Bank account holders feel the same way about banks that are too aggressive with cross-selling efforts. Rather than taking a scatter-shot approach that catches customers in the crossfire, banks should target those customers who actually might buy the product.

  • Does the UX in online banking matter? We have the numbers.

    Does the UX in online banking matter? We have the numbers.

    The biggest giants like Amazon, Facebook and such are leading the global market in a way which is affecting the majority of industries. They provide their clients with amazing experience when using their services. The security, trust or the number of features is no longer a dealbreaker in a customer’s journey when choosing a bank – UX is the key.

  • Personalization in banking – the key to your customer’s heart

    Personalization in banking – the key to your customer’s heart

    It is safe to say that personalization stopped being an option and became the new necessity to every business and not just to those in the financial sector. The advancement of technology, development of analytical tools and change of consumers’ perception of digital channels are creating endless options for banks to take a hold of personalization and utilize it to the benefit of everyone.

  • PFM is growing and banks need to get on board

    PFM is growing and banks need to get on board

    Managing your finances can feel a lot like exercising – you know you should be doing it, it is only efficient if you do it regularly and you can see the positive effects better in the long‑run. There is however one distinctive difference. Unlike exercising, due to technology advancements in the recent years, the amount of time and effort that users have to invest into managing their finances has decreased significantly.

  • The Future of Design in Banking: Hear it from the Experts

    The Future of Design in Banking: Hear it from the Experts

    Moderated by Šimon Kočí, the Head of Partnerships at TapiX, the round-table discussion aimed to identify the challenges and opportunities in design of financial services.

  • Why MCC codes do not help (much) with payment categorization

    Why MCC codes do not help (much) with payment categorization

    We decided to provide our insights into the power of strictly MCC-based categorization and its limits. Categorization is important for credit risk scoring and it is the basis for Personal Finance Management tools.
    When we analyzed our categorization with MCCs, we saw that only 53% of transactions could be easily and reliably categorized based on their MCC code. Let’s have a look at the most frequent problems we identified that make MCC usage more difficult than it may seem at the first glance.

  • How TapiX Enhances Payment Data

    How TapiX Enhances Payment Data

    Read about us in SBB Magazine and find out how SME can benefit from Dateio data enhancement.