Data Platform Service “Xinfony Data Hub” launched, promoting the use of Big Data such as Payment Data

Transaction Media Networks, Inc. (TMN) is pleased to announce the launch of the Xinfony Data Hub service.

Xinfony Data Hub is a data platform service that provides conservation, collaboration, and analysis of data in an integrated approach. TMN believes that it can promote the use of various big data held by companies by introducing this service.

Background and Purpose of the Development

TMN has worked with more than 1,000 companies through the provision of payment and DX services to distributors and retailers, and it has become clear that many companies are facing issues regarding data handling as well as the growing social need for data utilization.
The handling and pre-processing of big data faced by companies, such as processing, and visualization, and data linkage in a wide variety of systems, are a heavy burden, and many small and medium-sized enterprises are unable to implement effective data utilization due to tech personnel shortages. Therefore, TMN has developed a data platform that can utilize data in a general-purpose manner.

TMN manages everyday payment data that are keys to leading consumer insights, and it can provide platform services that serve as the foundation for the utilization of all types of purchase data. TMN can not only reduce the burden of data utilization, but also facilitates cross-business data linkage, which has been a challenge in the past, and data utilization that combines multiple different data. This can lead to accuracy improvement of data utilization from multifaceted data analysis.

What’s Next?

TMN is promoting Transaction Platform Services that integrates payment and marketing and has built a system to access all data related to purchases through the provision of numerous services using IoT devices such as facial recognition and mobility data.

Through Transaction Platform Services, TMN can grasp deeper consumer insights and provide accurate sales promotion support to participating retailers. Furthermore, the data will be returned not only to retailers but also to manufacturers and wholesalers, and expand the range of data utilization such as supply chain optimization and development of new services and products, with the consent of the data source retailer in the future. This will lead to the creation of a more convenient and attractive consumer environment.

About Xinfony Data Hub

Xinfony Data Hub is a platform service that consistently provides the basic functions that are indispensable for data utilization: Keep, Connect and Discover

Keep：Data Conservation
All data, whether processed or raw, is stored securely without the need for pre-processing.

Connect：Data Collaboration
Xinfony Data Hub identifies missing data and other inconsistencies, combine/complement data, and finally perform cleansing, standardization, and collaboration of the treated data. A variety of different data can also be combined.

Discover：Data Analysis
It provides a foundation for multifaceted analysis from multiple data, such as extracting and integrating necessary data.

About Xinfony

Xinfony is a service brand in TMN's Transaction Platform Services
By expanding the Xinfony service to various fields, TMN intends to consolidate purchase, movement, and supply chain information, and become a gateway for all types of digital data.
By utilizing this data, TMN aims to provide new revenue and cost reduction measures to distributors, and direct consumer marketing tools to manufacturers by visualizing the actual conditions of consumption (life) and production.