Transaction Categorization Api For Assigning A Category To Personal And Business Transactions;
Get the most out of valuable transaction data. Our data enrichment platform encompasses an architecture that processes raw transactions from the data & intelligence api. What are the data attributes of data enrichment for profiling transactions?
Best Transaction Data Enrichment Providers.
Transaction enrichment to drive superior engagement while retail banking is in the midst of transformation based on heightened consumer expectations around personalization and user experience, banks and financial institutions can learn a significant amount from other industries that have moved from wholesale to retail in their consumer engagement strategies. Or reach out to us at contact@spade.dev. Envestnet|yodlee’s tde machine learning engine provides insights based on its findings from millions of transactions.
Merchant Identification Api For Determining The Merchant From The Cluttered Transaction Description And Providing Detailed Info On The Identified Merchant;
Salt edge connects to over 5,000 banks in 50+ countries, allowing fintechs, lenders, credit bureaus, banks to build new services based on automatic account statement gathering. Industry leading merchant identification, logo, categorisation and location bank, card or aggregated data api support for. Talk to us learn more.
Data Enrichment Is Not A Substitute For Human Judgement.
Transaction data currently provided by financial institutions are often ambiguous and cluttered with letters, numbers, and symbols, making it difficult for consumers to recognize their own transactions. Data enrichment is the process of adding value to your already existing data by providing supplementary information and context. Major nordic bank seb developed its own app based on tink’s platform, using our data enrichment technology to categorise and display transactions in a clear format for their customers.
Data Enrichment Platform Consists Of The Following Components:
Better data for better banks. Powered by envestnet | yodlee’s proprietary machine learning engine, tde augments and refines financial transaction data by adding a simple description, merchant name, category, and geolocation in a contextualized manner based on learnings from millions of. Seb's app is now the most popular channel for private customers in sweden, with more than 200 million visits every year.