Comviva, Strands partner for Personal Finance Management solutions

Wednesday 17 November 2021 11:44 CET | News

India-based mobility solutions company Comviva has teamed up with Spain-based fintech Strands to deliver an integrated suite of digital banking, wallet, and payment solutions.

Through this partnership, Comviva will leverage Strands' Personal Finance Management (PFM) solution to enable banks and financial service providers to deliver personalised and contextual digital offerings to their consumers, augmenting consumer-engagement, and generating cross and up-sell opportunities.

With Strands PFM, users can have control over their day-to-day cash flows through visualisation of their past and upcoming transactions in a calendar heat map. Using in-built pattern recogniser, the PFM can forecast upcoming income, expenses and cash-flows, enabling users to take decisions and manage their finances better. Users can anonymously compare their financial behaviour with peers belonging to the same age group, gender, location or income group and create financial goals aligned with their social group.

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Keywords: personal finance management, Comviva, partnership, digital banking, digital wallet
Categories: Payments & Commerce
Countries: India
This article is part of category

Payments & Commerce