Deliver the best UX
Discover other data solutions that amplify your application engagement and take your user experience to the next level.
Eco Track™
Raise carbon footprint literacy with Eco Track™
Empower your banking with CO2 insight through education, explanation and motivation
Engage, empower but don‘t judge.
61% of consumers Feel they need more information to make better choices when shopping sustainably, highlighting the need for education and resources to make eco-friendly decisions easier
51%of consumers want to buy more sustainably
64%of consumers are prepared to behave differently if it benefits society
Why incorporate ESG into your clients' banking?
Become an ESG leader
Drive customer engagement and help raise carbon footprint literacy on a daily basis through your digital banking app. Customers want to understand the ESG in digital era.
Regulatory compliance
Provide your SME clients with fully compliant Scope 3 reporting and become their primary account.
Boost mobile app engagement
Build high-value features to your app and give users a reason to use it every day
Insights always up-to-date
Once integrated, you don't have to manage any data changes - Tapix does it all for you
How to deliver the sustainability concept to clients?
Carbon footprint calculation for each transaction
Appraise clients with positive results of calculated CO2 footprint for individual transactions and identified eco-friendy habits.
Estimated footprint for every transaction
Calculation recognising different national models
Appraisal for purchases proving environmentally responsible behaviour
Exceed MCC categorisation
Precision in carbon footprint calculation is strongly influenced by precision of categorisation. Standard models focus on estimation of CO2 multipliers for individual categories.
However, accuracy of underlying categorisation is out of the scope.
** Model showcase - Based on the general EU model. Example of €50 spent. Our approach is ready for CO2 tracking on the merchant level once possible.
Add a layer of insights by sustainable labelling
Identifying transactions based on the nature of the shops and the products they sell, enabling users to make sustainable choices effortlessly
Ready-made set of tags
Custom categories and tags
Encourage conscious and sustainable consumption
Educate with EcoTips
Add context to calculations with fun facts, similes or recommendations to help clients better understand the values.
USE CASES
ATM Nearby™
Provide the best possible experience to clients when searching for a place to withdraw money
Clear transaction history
Fuel digital transactions with accurate merchant insights
Mastercard mandate compliance
Meet all the requirements of AN 4569 Revised Standard
Recurring payments intelligence™
Recognise recurring payments, subscriptions, or direct debits for control and predictability.
Be a step ahead
Industry insights
Why MCC codes do not help (much) with payment categorization
We decided to provide our insights into the power of strictly MCC-based categorisation and its limits. Categorisation is important for credit risk scoring and it is the basis for Personal Finance Management tools. When we analyzed our categorisation with MCCs, we saw that only 53% of transactions could be easily and reliably categorised based on their MCC code. Let's look at the most frequent problems we identified that make MCC usage more difficult than it may seem at first glance.
Product insights
How to Detect Gambling in Digital Banking
It often starts small. A customer moves money into their Skrill account - nothing unusual. Just a simple transaction in the background of an otherwise quiet banking day.
Industry insights
Responsible Banking Done Right: The Top 5 Banks and How They Lead
In recent years, more and more banks and financial institutions focus on sustainability as a core component of their operations. This shift towards responsible banking (also known as ethical banking) is mostly a response to the pressing global challenges of climate change, social inequality, and environmental degradation.
Switch to Tapix today!
Explore how Tapix can help you get the most from transaction data, increase your app engagement and turn UX into your competitive advantage.
