Data research: Building the best receipt management app

As a Data Research Analyst, I help train our model to read receipts the same way humans do.  In many ways, this is no different than teaching a child how to read. Think of the machine as a human brain – they both have a network of neurons, which stores information along the way; and…

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Sensibill + NatWest demo receipt management solution at Finovate Europe 2018

Last week, we attended Finovate Europe 2018 in London, to demo our mobile receipt management solution with our partners at NatWest. It was an exciting opportunity to show off the new functionality for the bank’s small business customers, as well as catch up on the latest in fintech. Takeaways from the conference: European banking is…

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Start[up] with security

Information security is important, most people wouldn’t argue that. However, startups often don’t think about security until they have to. Most startups are already over capacity working on their minimum viable product (MVP) and finding product market fit. That leaves little time to even think about security. Usually, they’ll decide to invest in security because…

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Accessibility and localization: 3 lessons from our QA meetup

For the last few months, we’ve been working hard to upgrade our app for greater accessibility, and localizing it to accommodate our partners around the world. On February 6th, our quality assurance, design, and development teams hosted a meetup at our downtown Toronto office to share what they’ve learned, and to connect with fellow accessibility-enthusiasts…

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Designing for accessibility: 4 overlooked features in mobile banking

Why is accessibility important for mobile banking? According to the World Health Organization, there are an estimated one billion people worldwide that have some type of mental, physical, or sensory limitation that could impact their ability to fully use technology. With the population in North America and Europe aging rapidly, coupled with the increasing number…

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Part II: Robots are reading receipts and everything you need to know about deep learning

In Part 1 of this machine learning series, I explained how Sensibill is applying deep learning techniques to read and understand the information presented on a receipt. In Part 2, I’m going to cover the actual architecture of our machine, and explain how Recurrent Neural Networks (RNNs) work. In particular, I want to introduce a type of RNN:…

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The rise of the self-employed: Banking’s biggest untapped market

In the U.S. alone, there are 57.3 million Americans who are self-employed in some capacity; many of which, prefer not to deal with big banks. The majority believe big banks are not designed to service their needs and wish there were more alternatives. As a result, almost 1 in 2 do not have a business…

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Scotiabank eReceipts case study

Compared to active mobile banking users, eReceipts users are more valuable: they transact more, hold more products, and are less likely to churn. Better servicing customers and keeping them engaged on-the-go was key for the Digital Payments leaders at Scotiabank. To that end, they launched their Mobile Wallet to create a mobile banking experience that…

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Sensibill’s Receipts solution expands to the U.S. with Quontic Bank partnership

Quontic Bank is the first community bank in the U.S. to launch Sensibill’s Digital Receipts capabilities, thanks to their partnership with global financial services provider, FIS.

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Alterna partners with Sensibill to offer receipts solution to mobile banking customers

Alterna Bank will expand its digital profile and give customers a robust tool at their fingertips which will completely streamline receipt management with near real-time processing. Alterna Bank scored a big win earlier in the year with the launch of Canada’ first end-to-end digital mortgage, and now comes to the forefront again with this seamless digital solution for managing receipts, thanks to a new partnership with Sensibill.

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Royal Bank of Scotland partners with Sensibill to give business banking customers greater control of their finances

Royal Bank of Scotland (RBS) and Sensibill have partnered to alleviate a major pain point for small business banking customers: receipt management.

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The 5 ways banks can profit from customer segmentation

For the most part, the power of microsegmentation is talked about through the following marketing lens: refine personas to understand behaviour so that you can address customer needs in a relevant way that will increase their likelihood of saying  “yes” to whatever you’re selling them. But microsegmentation isn’t just a way for financial marketers to…

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Banks need to get smarter with customer targeting

With personalization being the buzzword of the year, we’ve all glossed over one important point: a personalized experience doesn’t necessarily mean a wholly unique experience – it’s a byproduct of sophisticated segmentation. “If you and I buy the same books off of Amazon, we will both get targeted with the same book recommendation the next…

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Sensibill wins Best of Show at Finovate Fall 2017

We’re proud to announce that Sensibill’s demonstration of the brand new +Pulse tool won the Best of Show Award at Finovate Fall 2017! What is +Pulse?  At Sensibill, we believe that every receipt tells a story. Exactly what people buy and what instrument they choose to pay with can be directly tied to customer profitability, personality…

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