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Open Finance Platform tapping into the Account Aggregation Framework

Added on September 25, 2023

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Fego Features

Fego.ai is an open finance platform that offers an expansive suite of embeddable personal finance management experiences for apps. The platform has recently become part of the Perfios Software Solutions family.

Key Features

  • Fego XP: Provides personal finance journeys in your app. It allows user engagement and retention while covering engineering and compliance overheads.
  • FegoIntel: Offers targeted financial intelligence products. It verifies financial accounts and their ownership, detects income, and provides financial behavior insights.
  • FegoConnect: Onboards users onto the Account Aggregation (AA) framework and accesses real-time financial data that is cleansed and categorised.
  • TrACE (Transaction Categorisation & Enrichment Engine): Uses Artificial Intelligence & Natural Language Processing algorithms to categorise and enrich messy transaction strings into categories, sub-categories, merchants, channels, and more.

Use Cases

  • Banking & Financial Institutions: Fego.ai allows these institutions to innovate faster, deliver personalised financial experiences, and deepen customer engagement with enriched transaction data.
  • Fintech Companies: Fego.ai enables these companies to widen their offerings and go-to-market faster with nimble products and seamless financial insights.
  • Consumer-tech Companies: Fego.ai allows these companies to introduce finance to their users and be at the cutting edge of finnovation by building on top of Fego.

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