back Back

Codat teams up with Personetics to boost engagement for SMEs

By Megha Bhattacharya

June 04, 2021

  • America
  • Codat
Share

API-based platform Codat has announced its partnership with a provider of financial data-driven personalisation and customer engagement solutions, Personetics. Personetics’ technology enables banks to offer day-to-day personalised insights, financial advice, and automated wellness programs to customers including small businesses. Its Engagement Platform assists banks to quickly increase market differentiation and business impact.

David Sosna, CEO and Co-Founder at Personetics, said, “To stay competitive banks must meet the rising expectations of small business customers and proactively engage them. This partnership is so exciting because we’ve built a platform capable of in-depth analysis of huge volumes of data – Codat now helps our clients to seamlessly access more data from their small business customers, leading to better decision-making and services. This enables clients to self-drive their finance and achieve optimal levels of control that ultimately impacts and increases their customers’ financial resilience.”

Codat’s API,  which provides real-time access to the financial and business data in platforms used by SMEs, will be integrated with Personetics’ end-to-end platform, enabling Personetics to apply its AI to small business data more easily. Personetics’ financial service clients will gain greater insights, product-based advice and intelligence to anticipate the needs of their business customers.

Peter Lord, CEO at Codat, said, “There is no question that bringing together business data and AI delivers better outcomes for financial service organisations and their customers. SMEs can reap the benefits of open data by allowing their financial service providers access to the accounting, banking and commerce platforms they use on a daily basis. This approach is unlocking huge value for banks and fintechs and the wider global economy.”

Previous Article

June 04, 2021

Temenos enters milestone partnership with Huawei

Read More
Next Article

June 04, 2021

Tinkoff launches beta version of its voice assistant to Russian mobile subscribers

Read More








IBSi Daily News Analysis

March 22, 2024

America

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Payop partners with Tink to add Pay by Bank in Europe

Read More

March 22, 2024

FinTech Focus: Catch latest developments of the week

Read More

March 21, 2024

Micropayment and Tink partner to launch Pay by Bank at checkout

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023