With Banno’s Grip, financial institutions can brand and provide an application delivering mobile services. The application enhances consumers’ purchasing behavior by analyzing and accessing the best price, place to buy, time to buy and payment method. Grip aggregates users’ balance and transactional data across institutions and analyzes the greatest changes in monthly spending with upcoming bills and usual payments to present a view of their money. The tool’s predictive analytics also reveal a potential purchase’s impact on finances, including variable outcomes from interest rate and cash/debit purchases. With the inclusion of mobile RDC and integrated bill pay, the mobile funding and purchasing cycle is complete.
In recent news, Banno has made new enhancements to its financial decision support tool dubbed Grip.
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