The Solution has been integrated fully and seamlessly with Skandiabanken's online bank and has, since March 15th, been available as part of the online bank under the name „Min Økonomi" (My Finances).
It is designed to make household money management engaging and fun as it brings various intuitive tools to Skandiabanken's customers that help them visualize and manage their money with no or minimal effort. Key features include: Automatic categorization of expenses, multiple visual reports, and personalized budget based on past spending behavior.
"Skandiabanken has always put the customer first and many of our customers have been asking for a better way to get a clear picture of where their money is going," said David Blocho, Head of PFM, Skandiabanken. "Meniga's PFM Solution is world class, we could implement it in a short time, and we are really excited about the positive response from our customers in Norway so far, with over 10% of all online banking users starting to use „Min Økonomi" in the first week alone."
"Meniga is thrilled to announce its partnership with Skandiabanken Norway. As one of the largest Internet-based bank in Scandinavia and multiple winner of the „online bank of the year" award, Skandiabanken is second to none when it comes to understanding online banking behavior and how it can be improved further. It is therefore the ideal partner for creating the next generation online banking experience.", said Georg Ludviksson, CEO of Meniga. „Meniga's sole focus is to help financial institutions improve their online banking experience through highly engaging PFM solutions and then turn the increased engagement into sustainable business benefits for the bank".