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Product insights

Unlocking Banking Solutions Through Transaction Categorisation

The way we handle financial transactions has evolved significantly. Despite the advancements in technology, many banks still struggle with proper categorisation – a stepping stone for almost all of digital banking. Most banks rely on Merchant Category Codes (MCCs), which often result in a large portion of transactions being basically "lost in translation". This lack of granularity can lead to missed insights and underwhelming customer experiences.
Michal Maliarov
6
min read
Product insights

Cash or card? TapiX launches ATM Nearby™ to help with cash withdrawals while traveling

Learn how TapiX's new ATM Nearby ™ solution can help you improve the user experience and overall client satisfaction with your application.
Michal Maliarov
1
min read
Product insights

Why AI chatbots depend on high quality data: Garbage in, garbage out explained

Learn why an enriched data foundation is necessary for good AI chatbots and financial advisors.
Michal Maliarov
3
min read
Product insights

Business Banking (SME) Features to Build on Payment Data

Discover how Tapix revolutionizes SME banking with innovative features like GPS transaction limits, EcoTrack for environmental responsibility, or automated approvals.
Ondřej Machač
5
min read
Product insights

What is vital for a perfect PoC and how to set the right expectations

Learn about all the vital aspects of perfect PoC and how to set the right expectations.
Michal Maliarov
3
min read
Product insights

What is data quality and how to turn messy transaction information into actionable insights? 

Learn about the importance of data quality as you enrich transactional information and discover how to turn it into actionable insights
Michal Maliarov
8
min read
Product insights

In-house vs. Third-party Solutions for Mastercard AN4569 Compliance: Making the right choice

Explore the pros and cons of in-house development vs. third-party solutions for Mastercard AN4569 compliance. Make the right choice for your business's payment data enrichment journey.
Ondřej Slivka
4
min read
Product insights

Why Allocating a Budget for Mastercard AN 4569 Compliance Is Crucial in 2024

Discover the strategic importance of allocating a budget for Mastercard AN 4569 compliance. Enhance user trust, mitigate risks, and gain a competitive edge in digital finance.
Ondřej Slivka
3
min read
Product insights

Mastercard AN4569 Best Practice: Elevating User Experience with Visual Data Showcase

Enhance your user experience by meeting Mastercard AN4569 requirements. Elevate UI design, showcase visual data, and meet revised standards for enriched payment data
Ondřej Slivka
6
min read
Product insights

5 Usecases for Mastercard AN4569 Compliance Beyond Minimum Requirements

Explore 5 use cases for Mastercard AN4569 compliance that go beyond minimum requirements. Unlock key insights for enhanced analytics, and customer-centric financial services.
Michal Maliarov
5
min read
Product insights

How to Cross-sell through enriched card payment data

Have you ever been hesitant to go into a car dealership for the fear of being mobbed by hungry salesmen? Bank account holders feel the same way about banks that are too aggressive with cross-selling efforts. Rather than taking a scatter-shot approach that catches customers in the crossfire, banks should target those customers who might buy the product.
Ondřej Slivka
4
min read
Product insights

Mastercard AN4569 Compliance Guide for Banks

Discover essential strategies for banks to meet Mastercard mandate AN4569. Optimize compliance and get the most out of this requirement.
Ondřej Slivka
6
min read
Product insights

Why Payment Data is the Key to Unlocking the New Value for Customers

Discover the strategic importance of payment data and how it can provide valuable insights into daily customer behavior and needs.
Ondřej Machač
4
min read
Product insights

From Raw Data to Insights: The Crucial Role of Payment Data Enrichment in Open Banking

In today’s fintech era, it’s crucial to understand how we can use our customers’ data to make better decisions and understand their needs more deeply. But how exactly can we use this data, what types of data do we have and what can we get out of it?
Ondřej Machač
5
min read
Product insights

Data Enrichment & Analytics from Payment Data: The Key to Optimal Banking App Functionality

How do you improve your digital banking app? Data is a key resource in this regard. Through data enrichment and subsequent analytics, banks can gain a deeper understanding of their customers, optimize their operations and come up with new opportunities for their customers. In this article, we will focus on leveraging the underlying data from MCC codes and enriching it. This knowledge is one of the pillars of the success of neobanks like bunq or Revolut, so don’t be left behind.
Ondřej Machač
5
min read
Product insights

Getting started with payment data enrichment in banking: why is it important?

Tracking financial flows is one of the key elements of banking, and payment data enrichment is becoming an increasingly important tool for banks to improve their services and minimise risk. In this article, we look at why payment data enrichment is so important in banking and how to get started.
Ondřej Slivka
5
min read
Product insights

Enriched payment data: nice-to-have? A must-have from October 2023!

Data is the most valuable commodity of the 21st century, and its importance is growing every day across industries. Finance and payments are good examples of this. Find out what the new Mastercard Mandate means for banks and fintech
Ondřej Slivka
4
min read
Product insights

Payment data enrichment: How to choose the right partner for your business

Data is the key to understanding the customer and the long-term success of any business, so it's no wonder it's a sought-after commodity. Accurate and detailed data not only unlocks the door to further business growth, but also to increasing customer satisfaction.
Ondřej Slivka
8
min read
Product insights

Why Payment Data Enrichment is Important in banking and How to Start

We all use data enrichment every day, often without realising it. Google's autocomplete feature, for instance, relies on data enrichment to provide users with a more intelligent search experience.
Ondřej Slivka
5
min read