MoneeMint chooses TruNarrative for onboarding and transaction monitoring

TruNarrative has been chosen by ethical digital banking platform MoneeMint to provide customer onboarding and transaction monitoring solutions. 

The TruNarrative platform will enable MoneeMint to deliver a smooth and compliant onboarding and transactional risk strategy.

TruNarrative will give MoneeMint access to a full suite of customer onboarding and verification technology, including automated identity verification, fraud prevention and ongoing risk monitoring.

Within the TruNarrative platform’s no-code interface, MoneeMint will be able to adapt its onboarding and transactional risk monitoring strategies to quickly react to regulatory and fraud trend changes, mitigate risk and streamline its customer’s experience.

TruNarrative will also provide MoneeMint with customer behaviour and transactional monitoring, delivering visibility over every transaction & interaction; giving MoneeMint the ability to efficiently make customer acquisition and business risk decisions.

Through the TruNarrative platform, MoneeMint will gain access to a full case management system for manual review and referrals. Providing a single view of each customer whilst facilitating customer acquisition and relieving pressure on referral management teams.

Multiple challenger banks, FinTechs and payment services providers trust TruNarrative technology to compliantly bring their services to market, deliver customer onboarding and prevent financial crime. And UK-based MoneeMint, which provides socially responsible finance to millennials in the UK and Europe, is the latest one.

MoneeMint’s relationship with Railsbank allows them to issue pre-paid Mastercard, providing a digital pre-paid account, international money transfer services and many more products that MoneeMint will launch in the future.

Commenting on the new collaboration, TruNarrative CEO John Lord said, “Our partnership with MoneeMint demonstrates TruNarratives commitment to helping organisations of all sizes protect their business and their customers from financial crime, whilst remaining compliant and delivering a world-class customer experience.”

Echoing a similar sentiment, MoneeMint CEO Hassan Waqar added, “I am delighted to be working with industry leaders TruNarrative to provide us with a comprehensive transaction monitoring and screening service to enable us to combat fraud and ensure that our customers’ money is kept safe.”

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