Beyond PFM: “Leader in proactive customer engagement” lauded for AI-powered PFE in Celent report 

NEW YORK, June 17, 2024 /PRNewswire/ — Personetics, the global leader in AI-based personalized engagement solutions for financial institutions, has been prominently featured in a new report from leading analyst firm Celent titled “Personal Financial Engagement Solutions for Retail Banking.” The report provides an in-depth analysis of the rapidly evolving personal financial engagement (PFE) solution space and the capabilities of 13 vendors. 

The Celent report highlights how PFE solutions have advanced significantly beyond basic personal financial management (PFM), spending analysis and budgeting tools – utilizing real-time analytics, AI, and rich transaction data to provide tailored recommendations, automated goal tracking, and proactive guidance and automated journeys directly to banking customers.  

As the report states, “Customer engagement is becoming the primary way banks deliver ongoing value to their customers … delivered continually through highly personalized and often proactive engagement,” and “financial institutions should sharpen their thinking about customer engagement through financial wellness and adopt an updated approach to PFE.”  

Personetics is recognized as a global leader, with the report noting its “mature and evolving product covering well-defined components of customer engagement and bank value.” It highlights Personetics’ powerful no-code tools that allow financial institutions to develop custom, financial data-driven actionable insights and to quickly deploy journeys, as well as differentiated proactive and automated savings propositions. 

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“Personetics has been a leader in proactive customer engagement and enrichment of the digital banking experience for over a decade,” states the Celent report. Its “offering is tightly focused on ROI for banks, supporting a number of retention, deposit growth, and cross-sell/service opportunities.” The report cites several of Personetics’ larger bank clients that “have achieved impressive customer engagement with this platform” which ultimately “should return measurable value to the organization.” 

The report emphasizes how PFE solutions enable financial institutions to drive stronger customer engagement, retention, deposit growth and cross-selling opportunities by incorporating personalized financial wellness capabilities into their digital banking channels.  

As one of Celent’s key recommendations, it advises banks to “incorporate PFE into a wider customer financial wellness program” to multiply value and engagement. 

“We’re honored to be recognized as global leaders in Celent’s authoritative new report on the personal financial engagement landscape,” said Udi Ziv, CEO of Personetics. “This recognition validates our long-standing vision and commitment to helping FIs transform routine transactions into valuable personalized experiences that improve financial wellness and build lasting customer loyalty.” 

Learn More at the Upcoming Webinar 

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Personetics’ VP of Strategy and Business Development Dorel Blitz, and Celent analysts Bob Meara and Michael Bernard, will explore the power of PFE in an exclusive webinar on June 26. “Beyond PFM: The Rise of Impactful PFE (Personal Financial Engagement)” will dive deeper into the key findings and recommendations from Celent’s report, provide a roadmap for banks to craft and implement an effective PFE strategy, and showcase real-world examples of financial institutions driving impact with Personetics’ solutions. 
Register for the webinar to secure your spot. 

Download a free copy of the Celent Report: “Personal Financial Engagement Solutions for Retail Banking” to gain a deeper understanding of the PFE landscape and how it can benefit your financial institution. 

About Personetics
Personetics is the global leader in financial data-driven personalization, enabling financial institutions to forge deeper relationships by enhancing clients’ financial wellness and helping them make smarter decisions. Personetics reaches 135 million customers across 35 global markets while serving more than 100 financial institutions. Personetics’ AI analyzes financial data in real-time to understand customer financial behavior, anticipate needs, and deliver a hyper-personalized experience with day-to-day actionable insights, personalized recommendations, product-based financial advice, and automated financial wellness programs. The company has offices in New York, London, Singapore, São Paulo, and Tel Aviv. For more information, visit www.personetics.com.  

Media Contact for Personetics
Michal Milgalter  
[email protected]
+972-52-3571981 

Photo: https://mma.prnewswire.com/media/2439707/Personetics.jpg

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GUANGZHOU, China, June 17, 2024 /PRNewswire/ — On June 13^th, the Science and Technology Innovation Board (STAR Market) celebrated its fifth anniversary since its launch in 2019. Positioned as a platform for serving high-level scientific and technological sufficiency, the STAR Market embraced companies in strategic emerging industries, such as new-generation IT, high-end equipment manufacturing, new materials, energy conservation and environmental protection, new energy and biomedicine, contributing new quality productive forces.

Over the past five years, there are 573 companies listed on the STAR Market, raising over US$125.5 billion through IPOs, with combined market value exceeding US$703 billion, as of June 12^th. The quarterly reports revealed that STAR-listed companies achieved a total operating revenue of US$41.2 billion, a year-on-year increase of 4.6%, and 67% of companies have delivered achieved positive revenue growth in the first quarter of 2024.

Meanwhile, the index system of STAR Market has progressively improved. Since the first STAR Market index, the SSE STAR 50 Index, was launched in 2020, there are more than 15 indices tracking the performance of the STAR Market, the collective AuMs of relevant products amounting to US$22 billion. Moreover, products such as E Fund STAR 50 ETF (Code: 588080) were included in ETF Connect Program, empowering foreign investors who seek exposure to innovation-driven tech companies.

Leading asset managers have actively participated in providing diverse investment tools for investors. Notably, E Fund Management (“E Fund”), the largest asset manager in China, continued to enrich its ETF line-up, which included E Fund STAR 50 ETF, E Fund STAR 100 ETF (Code: 588210), and E Fund STAR Growth ETF (Code: 588020).

While the SSE STAR 50 Index is comprised of 50 largest companies, with an average market cap of US$6.4 billion, the SSE STAR Growth Index highlights the growth potential of its constituents and selects 50 stocks with higher growth rates of operating revenue and net profit.

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The SSE STAR 100 Index consists of 100 mid-sized stocks, excluding constituents of STAR 50 Index. Unlike SSE STAR 50 Index and SSE STAR Growth Index, which are concentrated in semiconductor sector, the SSE STAR 100 Index is broadly diversified across industries and the weights of the top 5 industries – semiconductors, pharmaceuticals, medical treatment, electrical equipment, and machinery – are quite close, accounting for nearly 80% in total.

About E Fund

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive fund manager in China with close to RMB 3.2 trillion (USD 450 billion) under management.* E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing.

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CAPE TOWN, South Africa, June 17, 2024 /PRNewswire/ — Banxso, South Africa’s premier online trading platform, proudly announces the winners of its highly anticipated Tour de Banxso trading competition. This landmark event, marked by intense and strategic trading, has spotlighted the top traders whose skill and dedication have earned them grand rewards.

Grand Prize Winner: Rigardt Maartens from Roodepoort clinched the grand prize, driving away in a stunning 1959 Mercedes-Benz 190 SL, valued at R2,800,000. He also received a Chopard® Mille Miglia® watch, worth R200,000.

Runner-Up: Helgard Gous from Brooklyn, Pretoria, secured the runner-up position, winning a luxurious international holiday for himself and his wife, along with an official Chopard® Mille Miglia® watch, also valued at R200,000.

Participants of the competition showcased their prowess by making an initial deposit of R20,000 and completing a minimum of 100 trades across at least 10 different assets. Winners were chosen based on the highest winning ratio achieved during the competition period.

Manuel de Andrade, Banxso’s Chief Operating Officer, expressed his exhilaration at the event’s success, stating, “We are elated by the remarkable engagement and enthusiasm shown by our clients throughout this competition. Congratulations to Rigardt and Helgard for their outstanding performance and well-deserved success.”

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Rigardt Maartens, the grand prize winner, shared his joy, saying, “I am deeply honoured and grateful for this incredible reward. Competing in the Tour de Banxso has been an amazing journey, and I am proud to be part of the Banxso community.”

Runner-up Helgard Gous echoed this sentiment, stating, “Participating in the Tour de Banxso competition has been a highly rewarding experience. I am thankful for this opportunity and look forward to continuing my trading success with Banxso.”

The winners were honoured in Cape Town on Friday, June 7, where they received their prizes and had the opportunity to meet the Banxso team.

Operating under stringent regulatory oversight, Banxso ensures the highest levels of security and confidence for its clients. Authorized by the South African Financial Sector Conduct Authority (FSCA) with license number 37699, Banxso adheres to strict conditions, including the maintenance of segregated client accounts to protect client funds. Additionally, Banxso submits monthly reports to the FSCA and the Financial Intelligence Centre as part of its regulatory compliance.

Banxso offers access to CFD trading across a wide range of financial instruments, including indices, stocks, commodities, cryptocurrencies, and forex. For more information about Banxso and how to start your trading journey, please visit banxso.com.

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About Banxso:

Based in the vibrant heart of Cape Town, Banxso redefines the online trading experience. Banxso champions the aspirations of young traders while fostering an inclusive, dynamic, and welcoming community. As a gateway to financial trading and investing, Banxso provides an optimal platform for navigating every phase of your financial journey.

Since its inception in 2022, Banxso has operated under meticulous regulatory frameworks, ensuring security and confidence for its clients daily. Authorized by the South African Financial Sector Conduct Authority (FSCA) No. 37699, Banxso exclusively serves South African citizens.

Banxso is more than just a platform; it is your personal portal to the financial markets. Committed to empowering clients with successful and confident trading skills, Banxso has democratized the process by eliminating commissions and lowering spreads, addressing the financial realities of trading.

Recently, Banxso introduced its interest-bearing brokerage account offering up to 8.7% interest, a pioneering initiative for online traders in South Africa, with interest paid weekly in arrears.

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Banxso proudly sponsors Dricus du Plessis, the current UFC Middleweight Champion and the first South African to win a UFC championship, as well as South Africa’s national soccer team, Bafana Bafana.

Media Contact:
Manpreet Singh
Email: [email protected]
Phone: +16465064978

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