Meniga PFM Solution
A PFM is a new generation web-based software which provides the retail bank customers with a spectacular tool to manage their personal finance. The solution can be fully integrated in the internet banking application of the bank. PFM is a highly automated software powered by web 2.0 features (intuitive interface and visualization) to help the clients to manage and plan their finances in an effective way. The Meniga PFM Solution is a white-label solution for retail banks that rival any other available in the world today, in terms of functionality, usability, scalability and security. Meniga PFM is a multi-channel, 3-tier, mobile and web application that has, in every aspect, been designed for both efficient and flexible integration with banks’ existing infrastructure.
Bank can build own brand by giving customers what they want: comprehensive, visually appealing and easy-to-use money management tools.
In a time when loyalty is on the decline, PFM is proven to dramatically improve retention.
Customer Insights and Cross-selling
PFM usage says a lot about customers' financial behaviour. More time spent online also leads to higher conversion.
PFM can be a powerful acquisition tool, especially when bundled with other offerings (such as credit cards).
More and more people prefer never to visit branches. PFM is a major new channel to engage with customers and earn their trust.
PFM is a big leap towards the "virtual branch" as personalized advice; product offers and self-service are natural to PFM.
PFM tends to increase use of debit and credit cards and decrease use of cash and ATMs.