Meniga´s account aggregation services enable banks to provide customers who bank with multiple financial institutions with a consolidated view of their finances. Account aggregation enables banks to better position themselves as the primary financial institution and gradually grow their share of wallet.
Meniga´s account aggregation services builds upon our Aggregation Framework – a suite of out-of-the-box external data retrieval solution capabilities, such as multi-threading, end-to-end encryption, secure storing of user credentials, logging and monitoring features, development and test tools.
Meniga helps banks prepare for Access to Accounts (XS2A) compliance by consolidating account and transaction data into a single data repository and optimize for single-user queries using Meniga’s core consolidation & enrichment technologies. Furthermore, Meniga offers to develop & maintain APIs compliant to local regulatory requirements
Meniga helps banks enrich consolidated financial data and set the foundation for personlised digital banking innovation. Meniga’s personal finance toolbox offers banks state-of-the art personal finance management services on aggregated financials to bank customers – we help banks launch a modern, personalized digital bank before PSD2 goes live