Italian banking group BPER has contracted Meniga to build its new digital banking solution, reports Antony Peyton of Fintech Futures (Finovate’s sister publication).

BPER said it has been working on modernising and increasing efficiency across operations and the “enrichment” of the digital banking with personal financial management (PFM0 solution for customers is “central to this”.

Diego Rossi, head of BPER’s IT department, said “Customers are increasingly looking for solutions that allow them to financially plan for the future. We are pleased to have identified a partner that can provide them with best in class software.”

Recently, BPER launched Smart Mobile My Money, a standalone mobile app, and a new version of its online banking Smart Web, allowing customers to manage their finances as part of their online digital solution.

Meniga’s products will be used to create engagement between the bank and its customers. This includes budget control and tracking of monthly spending.

BPER is the parent company of Gruppo BPER, with a network of over 1,200 branches throughout the country.

Meniga has offices in London, Reykjavik, Stockholm and Warsaw.

Recently, Meniga received a double dollop of delightful funding – €3 million equity investment from its customer, Swedbank, in April; and €3.1 million from UniCredit in June.

The company demonstrated its Richest Transactions solution at FinovateEurope 2018, winning Best of Show for its technology that enables banks to leverage open APIs to enrich transactions, helping consumers improve their financial lives and providing them with long-term value.