Banco Sabadell has announced a strategic partnership with Snowdrop Solutions, a leading provider of location-based technology services, to enhance the digital experience for its customers through real-time geolocation of card transactions.
By integrating Snowdrop’s MRS API technology, Banco Sabadell enables its customers to view the precise locations of their card transactions on an interactive map within the bank’s mobile app. This feature provides additional details such as the name and logo of the merchant, offering greater transparency and ease of tracking expenses. The initiative is aimed at improving financial management while ensuring greater security for users.
Key benefits for customers:
• Detailed transaction insights: Customers can now pinpoint exactly where they made purchases, adding clarity and accuracy to their transaction history.
• Advanced geolocation technology: Powered by Google Maps, the platform offers a user-friendly interface with highly precise data, ensuring a seamless experience.
• Enhanced security measures: The ability to verify the exact location of each transaction helps detect fraudulent activity quickly, boosting confidence in digital banking.
A commitment to innovation
This initiative underscores Banco Sabadell’s dedication to leveraging new technologies to anticipate customer needs and simplify financial management.
"At Banco Sabadell, we strive to offer the best of digital banking while maintaining strong branch support. Providing an excellent mobile banking experience is key. This partnership with Snowdrop allows us to deliver real-time transaction geolocation, streamlining day-to-day banking for our customers," said Pol Navarro, Deputy General Manager of Digital at Banco Sabadell.
Ken Hart, CEO of Snowdrop Solutions, echoed this sentiment: "We are delighted to collaborate with Banco Sabadell to implement our cutting-edge API technology. The integration process has been seamless, and this solution will significantly enhance customer experience while optimizing operational efficiency."
With this innovation, Banco Sabadell continues to reinforce its position as a forward-thinking financial institution, committed to providing intuitive and secure digital banking solutions.