Transaction Categorisation

Drive meaningful digital insights and interactions with enriched and simplified transaction categorisation data.
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Clean & Accurate Transaction Data

Envestnet | Yodlee Transaction Data Enrichment

Envestnet | Yodlee Transaction Data Enrichment turns ambiguous transaction information into clear, easy-to-use contextualised data, allowing financial institutions to extract deep insights into customer needs and behaviors while enabling them to improve the customer journey and drive more meaningful interactions.

This product is available via
  • API

Uncover the Meaning Behind the Transactional Data

Key Benefits 

Consumer transactions are the most insightful data that institutions and FinTechs can harness to learn about their customers, and Envestnet | Yodlee makes it easier to understand.

Machine Learning

Data science algorithms provide the most accurate classifications and clear, concise, easy-to-use transaction data

Transaction Data Analysis

Leverage data insights to craft offers, increase engagement, deliver personalised advice, and provide impactful financial wellness solutions

Clear Data Descriptions

Simple, intuitive descriptions of transactions reduce customer confusion and support calls and subsequent fraud research costs

Accurate Share of Wallet

Transaction data enrichment provides rich insights into customer share of wallet and spending behavior

Transaction Categorisation

Transactions are sorted into various income and expense categories, adding more value to the data and increasing clarity

Open Banking

Get trusted access to the highest quality financial data under our AISP license or your own to satisfy regulatory requirements and integrate with open banking and PSD2 compliant accounts

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Sort, Enhance, & Normalise Data

Transaction Data Enrichment Video

Transaction Data Enrichment turns ambiguous transaction information into clear, contextualised data using sophisticated artificial intelligence and machine learning to achieve industry-leading accuracy across a wide range of account and transaction types.

  • Leading Aggregation Platform
  • Comprehensive Data Coverage
  • Transform Ambiguous Transactions
  • Meaningful Insights

Watch on-demand webinars, explore case studies and learn more about the power of transaction data enrichment. 

The power of personalisation

Leading the Industry in Data Enrichment

As the leading aggregation platform that owns the aggregation process from acquisition to delivery, Envestnet | Yodlee’s aggregation process incorporates over 17,000 data sources and touches over 22 million active users.

Most Comprehensive Data Coverage

The unique combination of breadth and depth provides Envestnet | Yodlee with the largest, most comprehensive data coverage in the industry. When paired with our sophisticated machine learning techniques, the result is a highly enriched set of digitised transactions which leads the industry in transaction categorisation accuracy.

Clear Merchant Data With Context

With Envestnet | Yodlee Transaction Data Enrichment, consumers not only see a clear merchant name, date, and amount, but they also get additional context—including a simple description of the transaction and category. The information is categorised and contextualised based on the learnings from billions of transactions contained in the Envestnet | Yodlee Financial Data Platform.

Yodlee Transaction Enrichment is available through Envestnet | Yodlee’s fully hosted FinApps series and API.