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.
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
+Click to enlarge
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.
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.
Get Started With Transaction Categorisation
Drive meaningful digital insights and interactions with enriched and simplified transaction categorisation data.
Get Started