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Truaxis Debuts Purchase Insights

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This morning, Truaxis debuted Purchase Insights:

“This StatementRewards enhancement provides the industry’s first social benchmarking for consumers. Detailed transaction summaries will use merchant, category and location data to give users insight into their spending and how it compares with their preferred social groups. Purchase Insights integrates directly within the bank’s existing online and mobile interfaces and is completely free to users without any setup. In turn, banks need zero additional integration to offer StatementRewards to their customers.”

Product Launched: October 2010 
HQ Location: Redwood City, CA 
Company Founded: June 2007 
Metrics: Truaxis, the company behind StatementRewards and BillShrink.com, is working with the country’s leading financial institutions and merchants to deliver the market’s most comprehensive purchase-based services platform. The StatementRewards platform has been launched to more than 8 million online bank customers this year.
Website: truaxis.com
Presenting Schwark Satyavolu (Co-Founder & CEO) & Samir Kothari (Co-Founder & VP Products)

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