This new feature, available on their mobile app, replaces the often confusing list of transactions that appear in bank statements with a clear merchant name, logo, associated category, website and address.

Utilising Snowdrop’s Merchant Reconciliation System (MRS) technology, the service provides its customers with highly accurate, up to date enriched information about their transactions. Simultaneously, it also helps customers detect suspicious activity and freeze their card if needed, preventing subsequent fraud.

“More than ever, we believe in the relevance of our service for consumers seeking proximity and flexibility and transparency in an uncertain economic context linked to the health crisis," said Marie Degrand-Guillaud, Deputy Director of Nickel. With a clear focus on transparency and trust, Nickel provides an engaging user experience that is built upon values of clarity and comfort when spending.

With more than 2,3 million customers, Nickel consolidates its status as one of the largest current account distribution networks in France, with more than 6,300 active points of sale to date. And they are not stopping there: already present in Spain since the end of 2020, Nickel aspires to establish itself in six new countries by 2024. An operational deployment in Belgium and Portugal is already planned for early 2022. To execute its international development plans, Nickel counts on Snowdrop’s global scalability to expand seamlessly to other countries. Both companies are focussing on strengthening their partnership to include in the future more features that enhance Nickel’s online banking experience, remaining faithful to the strategy that has made them successful so far.