A financial transaction enrichment API that processes raw transaction data to provide enhanced details, such as categorized transactions, merchant information, and geolocation data.
Features
AI-Powered Transaction Enrichment
Leverages advanced AI to transform raw transaction data into detailed, structured insights with full merchant details like name, website, location, and contact information, making every transaction clear, complete, and actionable.
Real-Time Insights & Categorization
Automatically categorizes transactions and provides real-time insights to help customers understand their spending patterns, improve reporting, and optimize financial decisions.
Seamless API Integration
Integrates effortlessly with existing banking or fintech systems via a robust API, requiring no complex infrastructure changes, just plug in and start enriching data instantly.
Transaction Categorization
Maps incoming transaction data to specific categories such as 'Groceries', 'Entertainment', or 'Restaurants', helping businesses analyze consumer spending patterns.
Geolocation & Merchant Details
Enriches transactions with merchant information from third-party sources and geolocation data, providing details like merchant name, website, and transaction location.
Income & Expense Classification
Classifies transaction data into income and expenses to help in financial analysis and budget planning.
Real-Time Processing
Processes and enriches financial transaction data in real-time, allowing immediate access to insights.
Merchant Identification & Name Standardization
Identifies merchants and standardizes their names from transaction data to simplify analysis and reporting.
Batch Processing
Allows processing of large volumes of transaction data at once, suitable for enterprise-level usage.
Enrichment via External Data Sources
Enhances transaction data by incorporating information from external data sources like Google Places.
Enhanced Customer Experience
Delivers a superior banking experience with enriched transaction details, reducing confusion and support inquiries while increasing engagement and trust.
Merchant Information Retrieval
Allows retrieval of detailed information on merchants using unique merchant IDs, providing rich data including logo, website, contact details, and location.