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Georg Ludviksson, CEO and co-founder of Meniga

BPCE, the French banking group, has announced a partnership agreement with Meniga, a firm that helps banks build personalised digital banking solutions based on personal finance data. Through this partnership, BPCE will deploy Meniga’s technology across BPCE’s Banques Populaires and Caisses d’Epargne in France.

This move is part of BPCE’s digital transformation, through which it will integrate Meniga’s technology to enhance their digital channels and introduce personalised services to its customers. IT will start with the integration of Meniga’s Financial Activity Feed, real-time spending overview and data-driven personalised alerts and insights.

BPCE will leverage Meniga’s products to enhance the process by which it obtains transaction data, as the new EU Payment Services Directive (PSD2) rolls out and incentivises competition in the market.

Read more: Groupe BPCE sees growth alongside €600 million a year digital transformation plan

“As we enter into an era of open banking, we look forward to working closely with Meniga to transform our digital customer experience,” commented François Pérol, CEO of BPCE. “Meniga’s data-driven digital banking solutions will help accelerate our digital transformation journey and help us adapt to the ever-evolving needs of our customers.”

“Meniga is excited to be partnering with BPCE,” added Georg Ludviksson, CEO and co-founder of Meniga. “We have been very impressed by BPCE’s commitment to digital innovation and their clear focus on their mobile banking application through a simple and personal user experience.”

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by Henry Vilar
Henry is Junior Reporter at IBS Intelligence, follow him on Twitter or contact him at: henryv@ibsintelligence.com