Harmonizer Hub to reduce complexity | tas

General News

Summary

Let’s unveil some key takeaways arising from the interview with 2 main actors of this successful project: Gianluca Finistauri, Head of Digital Corporate Banking of Nexi and Amedeo Borin, CEO of Mantica-TAS Group. A decision that turned out to be a winning one: “Today a customer of any of our banks - continues Finistauri - who has current accounts with multiple institutions that use different terminologies, can see all his expenses correctly classified. And the system is able to dynamically maintain this functionality updated over time, continuing to map every new description potentially introduced by future regulation, learning from the millions of transactions it analyses every day". represents an obvious evolution considering Nexis new international footprint deriving from the acquisitions of Nets and SIA which will lead the PayTech to interconnect with open banking gateways in other countries already by end of this year. “The system is solid and the textual analysis and machine learning mechanisms have now been fully tested, so it wont be a problem to expand the linguistic base by retracing the steps taken to implement Italian,” confirms Borin.

Classifications

industries
Fintech & Banking
applications
ERP & Process Management

AskAI Classifications

Labels
Fintech Digital Payments Payment Software

Linked Companies

TAS S.p.A.
$50M to $100M