Standard Bank: Collaborates with Transaction Capital to drive smarter payments

Standard Bank: Collaborates with Transaction Capital to drive smarter payments

• Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act
• Collaborated with Transaction Capital to develop an intelligent data solution that empowers businesses with a deeper understanding of consumers’ payment
• Coined AUTHENTIFI, the value proposition is designed to assist businesses enhance risk management, optimise cost
• Currently, businesses source different data elements from a combination of their own sources
• At present, there is no existing offering in the market that enables companies to access this information from a single source
• Collaboration with Transaction Capital, a market leader in data collection, with a proven ability to manage and leverage big data