Transaction Enrichment - Meniga
Meniga

Transaction data is a vastly underutilised resource

The foundation of any financial institution is the transaction data, yet many face three key challenges that prevent them from fully extracting its value and turning it into actionable use cases

Quality

Data is fragmented, coming from various different sources, and lacking categorisation and enrichment.

Accessibility

Data is late or inaccessible, rendering it useless for real-time analytics, insights, and customer engagement.

Effectiveness

Data is not being used to its full potential for innovation or customer experience. 

Turn transaction data into real value for you and your customer

Meniga aggregates, consolidates, and enriches internal and open banking data to give financial institutions a 360-degree view of their customers’ spending habits and finances

bn+

Transactions enriched per year

%+

Transaction categorisation accuracy

+

Countries with localised Meniga encrichment

+

Financial institutions

m+

Banking customers using Meniga solutions

Meniga Enrichment

Our world-class enrichment engine transforms meaningless data strings into a visual story of your customers’ spending

  • Categorisation of all expense and income transactions with unmatched accuracy
  • Integrate with any existing category tree or make use of Meniga’s fully localised one
  • Machine learning elements improves accuracy over time due to user and community contributions
  • Merchant mapping displays transactions in context of brands as well as categories 

Merchant details

Provide insightful merchant descriptions to increase financial literacy and reduce customer support costs

  • Display clean and accurate merchant names for accurate overview and improved search
  • Assign current logos for easy identification and visualisation
  • Provide a localised and language-specific website address based on transaction data
  • Add merchant geolocations for added context and verification*

Subject to data available at market level

mBank

mBank raises the bar for retail banks

Explore Case Study