StatementRewards for Financial Institutions
About
Press
Contact
Grow revenue and increase customer loyalty
StatementRewards gives financial institutions an unprecedented ability to deliver data-driven personalized services to their customers via multiple channels.
Our banking technology can’t be beat. Truaxis CEO and co-founder Schwark Satyavolu co-founded and was the CTO of Yodlee, which powers online banking for the largest financial institutions like Bank of America. Our engineering team hails from Yodlee, eBay, Microsoft, BEA Systems, PNC Bank and Kayak.com and holds leading-edge technology patents on our security infrastructure and data acquisition framework so you can be assured that your customers’ data is secure and private.
Truaxis (formerly BillShrink) has helped more than 1.5M Americans find more than $1B in savings on their largest household expenses. Now with StatementRewards, Truaxis makes its loyalty platform available to millions of U.S. credit and debit cardholders.
Unequalled matching technology
Simply put: we put the right reward in front of the right user at the right time. Truaxis’ patent-pending technology delivers unparalleled analysis of customers’ spend volumes, merchant frequency, categories of spend, locations of spend, and more. StatementRewards is also the only service that gives customers personalized, in-statement analysis of large, recurring expenses like those for wireless and TV.
Industry-leading services
With the creation of Purchase Insights, StatementRewards now provides customers with merchant recommendations that people with similar spend patterns enjoy. Additionally, Purchase Insights delivers the industry’s first merchant-level spend summaries that analyze merchant, category and location data to give consumers insight into their spending habits over time, providing perspective on where money is going and how it can best be spent.
Privacy and security
Truaxis’ solution protects consumer data – no personally identifiable information (PII) is used.
Great customer rewards: better discounts and better offers
Truaxis’ network of rewards covers 94% of the top 100 U.S. merchants.
Superior dashboards for financial institutions
Robust, web-based dashboards offer the industry’s most comprehensive suite of tools, giving FIs the ability to view and modify settings to control the experience seen by their account holders.
Multiple channels
Customers have ease of access from online banking, mobile, SMS, and email platforms.
Easiest integration in the market
Truaxis delivers a spectrum of integration options from the insertion of a single line of Javascript that requires no IT investment, to deep API integration.
