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Kroo clarifies transaction data with Snowdrop geolocation tech

Source: Snowdrop

Snowdrop Solutions, a leading provider of advanced transaction data enrichment solutions, today announced a partnership with Kroo, a prominent award-winning digital bank renowned for its innovative approach to financial services.

This strategic collaboration brings enhanced user experience to the forefront of Kroo's mobile banking app.

Leveraging Snowdrop's industry-leading transaction enrichment API, also known as the MRS API, Kroo will be able to provide customers with even more advanced levels of accuracy, transparency and comprehensive transaction details.

Users can now easily see where they spend their money thanks to transaction location powered by Google Maps. By visualising their transactions on a map, users can quickly verify the authenticity of purchases and identify any suspicious activity, which fosters a sense of security and empowers them to take proactive control of their finances. This capability has been seamlessly integrated with improved identification to present clean merchant names and logos.

By implementing Snowdrop's list view and detailed view functionalities, Kroo offers its users a more transparent and intuitive banking experience. This enriched transaction data, powered by MRS API, equips users with deeper financial insights, enabling them to pinpoint potential spending patterns and manage their budgets more effectively.

"At Snowdrop, we are committed to transforming the way people understand and manage their finances, and our partnership with Kroo perfectly aligns with this mission,” said Ken Hart, CEO & Founder of Snowdrop Solutions. “By integrating our transaction enrichment technology into Kroo's mobile app, we're empowering users to unlock the true potential of their financial data.“

Daniela Padilla Vivero, Senior Product Manager at Kroo stated: “We’re very pleased to be partnering with Snowdrop to improve our banking app and further enhance the customer experience for our customers. As we continue on our mission to change the banking industry for the better and create a more positive, two-way relationship between customers and providers, this new partnership will contribute and allow us to keep making banking simpler, easier and more enjoyable for all. We ultimately want customers to feel empowered and in control of their finances.”

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