Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Truaxis debuts merchant tips for statements
REDWOOD CITY, Calif. (9/23/11)--Truaxis, a provider of data-driven personalized services, has released a tool that gives credit union members and bank customers personalized merchant recommendations on their monthly online statements. Using Truaxis’ StatementRewards platform, the new tool, called Purchase Insights, provides customers with recommendations for merchants that people with similar spend patterns enjoy. Purchase Insights delivers spending summaries that analyze merchant, category and location data to give consumers insight into their spending habits over time, providing perspective on where money is going and how it can best be spent. Purchase Insights includes three features:
* Merchant recommendations based upon customers’ shopping preferences and patterns: helps customers discover new merchants that millions of other consumers with similar tastes frequent. * Social benchmarking: allows users to compare their spending against multiple groups of people, including a national average and people like them. Credit union members and bank customers can compare their spending across purchase categories, specific merchants, time periods or geographic location against U.S. averages, state averages, demographic sectors or even compare their spend against a created, private group of friends and family contacts. * Summary of spending: delivers graphical reports of where consumers are spending their money, including the industry's first merchant-specific reporting, specifically, purchase category, merchant; time period, and geographic location.
The StatementRewards platform includes merchant-funded rewards, personalized bill analysis and a suite of data-driven personalized services that help financial institutions and merchants build relationships with their customers.


RSS





print
News Now LiveWire
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
35 minutes ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
39 minutes ago
#Jobless claims duck under 300K for 3rd straight week #Market #Economy http://t.co/jOsZWf9HNJ
44 minutes ago
62% worry about financial stability: @CUNAMutualGroup study http://t.co/5jCM1I1hnA
2 hours ago
.@nytimes reports Sen. Harry Reid, Senate Democratic leader since 2005, will not seek re-election next year,
3 hours ago