FinTech50
MERIT SOFTWARE KERRIL BURKE, CO-FOUNDER & CEO
M
MENIGA
GEORG LUDVIKSSON,
CO-FOUNDER & CEO
T
he traditional retail banking
business model is under
increasing pressure in a world
of accelerating technology change,
big data mining, deregulation,
dwindling loyalty and high consumer
expectations. The industry is ripe
for disruption with many tech-savvy,
VC-funded new entrants chipping
away at different parts of a retail
bank’s business. Banks must therefore
learn how to quickly adapt and
decide what role they want to play
in a changing world. To thrive, they
must embrace new ways and new
business models, such as becoming
a trusted guardian and adviser of
consumers in a much broader sense
than most banks are today. Meniga
operates at the heart of these changes
and is privileged to work with some of
Europe’s leading financial institutions
to help them map a course towards
the bank of the future. Helping both
banks and consumers in this way is an
extremely rewarding ride.
About
Meniga helps retail banks dramatically
improve their online and mobile
banking through innovative Personal
Finance Management (PFM) software
solutions. Meniga uses social curiosity,
humour and gamification to make
money management fun and engaging
(or less boring) and at the same time
helps banks better engage, analyze
and monetize their customers.
@meniga @georgl
TWENTY-TWO
erit Software’s systems
allow investment banks
and financial institutions
to manage their receivables and
payables proactively across their
global organizations, by automating
the processing and settlement of
over 80% of operational transactions.
Claim Manager offers efficiency
savings of 50-60%. Looking forward,
we are particularly excited about
the introduction of SetClaim, our
new SaaS-based electronic matching
service which is expected to set the
new standard in centralised settlement
systems in this sector.
Our customer’ ‘success is our
success and the benefits we deliver
in helping them process billions of
pounds worth of transactions will
lead to additional referred sales,
both within the same organization
or in other peer organizations. The
long standing nature of our clients is
testimony to this philosophy.
About
Me