Tangerine, the Canadian direct bank has announced a partnership agreement with Meniga, the global leader in digital banking solutions. The agreement sees Tangerine deploy Meniga’s digital banking solutions to all its clients, as part of its commitment to providing innovative solutions that help Canadians make smart decisions with their money.
The bank embarked on a project in 2016, evolving their digital client experience to further empower Canadians in making smart financial decisions. The integration of Meniga’s software means that clients have a clearer view of their finances through more accurate categorisation of their transactions and a more customised banking experience – consistently across their online and mobile channels. Clients will have an easier time making the smart decisions needed to get ahead financially, by staying on top of their spending and saving behaviours.
Mark Nicholson, Vice President of Client Experience at Tangerine, commented:
“Meniga shares our vision for the future of digital banking, and the partnership between us is a natural fit. The innovations we’re working on together will help us to radically transform our clients’ banking experiences and alter the nature of how consumers engage with their money.”
As part of the project, Tangerine has introduced individualised banking enhancements that help clients get true value from their banking experience. The first phase of the rollout includes Meniga’s transaction enrichment, data-driven personalised insights and reports.
Georg Ludviksson, CEO and Co-founder of Meniga, said:
“We’re proud to partner with Tangerine Bank, one of the most innovative and customer-centric banks in the world, with a strong emphasis on digital excellence. The partnership with Tangerine represents a key milestone for our global expansion ambition, as Meniga gains a strategic foothold in North America.”
Meniga and Tangerine are collaborating on a number of personal finance related innovations that use Meniga’s digital banking toolbox. This includes a programmable banking interface to combine 3rd party data with the savings experience. A way to make savings fun and more engaging by tapping into a wealth of publicly available APIs.
