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Why should a bank enrich transaction information
Transaction Enrichment

Why should a bank enrich transaction information?

Although MCC codes are useful to distinguish an establishment, they are not sufficient information to obtain the details of a transaction or purchase. In this article we look at why banks and financial institutions should add data enrichment services to provide a better digital banking user experience.

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The price of inaccuracy in digital banking
Transaction Enrichment

The price of inaccuracy

What is the price of inaccuracy in the data shared with users? High administrative costs and loss of customers are some of the consequences that banks often face in recent times.

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