Comviva and Strands Partner to Provide Personal Finance Management Solution to Banks, digital wallet and payment service providers – PRNewswire

NEW DELHI, Nov. 17, 2021 /PRNewswire/ — Comviva, Definitely one of many worldwide leaders in offering digital monetary options right now introduced a strategic companionship with Strands To current an assembleed-in suite of clever digital banking, pockets and cost options.

By way of this companionship, Comviva will levperiodge Strands’ smart Private Finance Administration (PFM) reply to allow banks and monetary service suppliers to ship particular personalised and contextual digital choices to their consumers, enhancing shopper-engagement and producing cross and up-promote alternatives.

Talking on the companionship, Srinivas Nidugondi, Chief Progress & Transformation Officer at Comviva said, “Comviva Is Concentrating on enhancing shopper expertise by embracing subsequent-period utilized sciences. Our collaboration with Strands will permit us to levperiodge knowledge-analytics, Synthetic Intelligence and Machine Studying pushed Private Finance Administration reply To current enhanced digital banking and cost expertise. For banks, monetary institutions, and digital pockets suppliers the PFM reply will assist to accelperiodte innovation, enhance consumer engagement, create up-promote and cross-promote alternatives and genperiodte greater shopper prolonged-time period worth and mannequin loyalty.”

Strands provides revolutionary monetary options Similar to Private Finance Administration to over 700 banks and monetary institutions In further than 30 nations, offering particular personalised digital expertise to over 100 million consumers. The PFM developed by Strands, empowers digital banking and pockets clients to get an combination view of All of their accounts, monitor All of the monetary transactions and get An complete view of their income, funds and money circulate through seen dashboards. Users can monitor funds and income over a given Time interval When it Includes packages Similar to meals, transport, utilities, leisure, and so on. With detailed insights on income and funds, clients can levperiodge the PFM to create month-to-month budgets and intently monitor them To understand their particular personal saving goals.

With Strands PFM, clients can have full handlement over their day-to-day money circulates through seenization of their previous and upcoming transactions in a calendar warmth map. Using in-assembleed pattern recognizer, the PFM can forecast upcoming income, funds and money-circulates, enabling clients to take clever selections and handle their funds greater. Users can anonymously examine their monetary behaviour with friends beprolongeding to The identical age group, gender, location or income group and create smarter monetary goals aligned with their social group.

Talking on the companionship, Erik Brieva, CEO of Strands said, “In Comviva, We now have A …….


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