White Label PFM
Create your own platform where customers can manage their finances
White Label PFM revolutionises the way end-customers manage their finances and offers a 360-degree view of their financial life.
Product description
What is White Label PFM?
The solution provides advanced personal finance management tools to improve user experience and drive customer engagement to a whole new level.
With the help of Salt Edge Account Information and Payment Initiation APIs, your end-customers can link all their bank accounts from 5,000+ financial institutions in over 50 countries to your app.
- All types of accounts: current account, savings, checking, mortgage, loan, insurance
- Bank statement with transaction details
- Account holder information
- Notification alerts for balance thresholds
Data Enrichment
Transaction Categorisation, Merchant Identification
Unify your end-customers’ transactions across all their accounts in one place - your banking app.
- Unified information
- Normalised data
- Self-learning categorisation engine
- User-driven re-categorisation
- Merchant identification and mapping
Digital boost to financial management
Financial planning
Daily financial planning can be automated by implementing the flexible functionality of White Label PFM, which enables
end-customers to easily manage financial budgets, schedule payment of bills, and more.
- Setting up a monthly plan for bills, savings, and day-to-day spendings
- Receiving an automated monthly budget plan based on spending history
- Reviewing past spending patterns based on categories and time intervals
- Getting timely reminders and warnings to stay within budget limits
Smart budgeting and saving tools
Saving goals
Help your customers to set short-term, mid-term, and long-term financial goals. Equipping your customers with comprehensive tools to track their financial progress is an important step toward becoming financially secure and achieving their targets.
- Setting up a Saving Goal and tracking progress through a linked savings account
- Estimating how much time achieving goals will take
- Personalising goals by adding categories and photos
- Getting notifications on goal progress
Automated financial planning
Day-to-day advice & notifications
Daily financial planning can be automated by implementing the flexible functionality of White Label PFM, which enables
end-customers to easily manage financial budgets, schedule payment of bills, and more.
- Drive your end-customer engagement to new heights by offering day-to-day guidance
- Receiving an automated monthly budget plan based on spending history
- Reviewing past spending patterns based on categories and time intervals
- Getting timely reminders and warnings to stay within budget limits
Instant and lower-cost payment experience
Payments via open banking channels
Integrate Salt Edge’s Payment Initiation API that enables
end-customers to move funds from their accounts in any EU bank institutions, directly from your PFM app.
- Transfer funds between accounts
- Make instant payments
- Pay invoices
- Make national and international transfers
- Request money from a friend