1010data Teams With Facteus For Consumer Payment Data

Facteus has teamed with 1010data in a partnership expected to bring deeper insights surrounding transaction data for consumer goods and retail companies.

Facteus, a financial transaction data insight provider, will acquire 1010data’s Equity Intelligence business. 1010data will in turn gain access to Facteus’ U.S. consumer payments data panels and will explore enhancing its insights platform offering for its retail and consumer brands clients.

[See also: Nestle Plans To Double Consumer Data Records]

Facteus’ U.S. consumer payments data consists of millions of daily consumer transactions for what it describes as a near real-time perspective into evolving customer behaviors. This includes visibility into such groups as millennials, Gen X, Gen Z, low-to-middle income households, and early adopters of financial products and technology.

Inna Kuznetsova, CEO of 1010data, said the partnership will not only create great value for its Equity Intelligence customers to enhance their investment models with new data, but it will also provide new possibilities to develop data and data analytics-based solutions.