Facteus and 1010data have announced a new partnership that aims to provide deeper insights into transaction data for consumer goods and retail companies. Facteus, a financial transaction data insight provider, will be acquiring 1010data’s Equity Intelligence business. In exchange, 1010data will have access to Facteus’ U.S. consumer payments data panels, allowing them to enhance their insights platform for their retail and consumer brands clients.
Facteus’ U.S. consumer payments data offers a wealth of information, including millions of daily consumer transactions, providing a near real-time view of evolving customer behaviors. This data covers a wide range of groups, from millennials and Gen X to Gen Z, low-to-middle income households, and early adopters of financial products and technology.
Inna Kuznetsova, CEO of 1010data, expressed excitement about the partnership, highlighting the value it will bring to Equity Intelligence customers by enriching their investment models with new data. Additionally, the collaboration opens up possibilities for developing data and data analytics-based solutions. This partnership signifies a step forward in providing valuable insights and solutions to consumer goods and retail companies.
