How much can your customers afford to spend?
With Basiq’s new Affordability API – we have taken the guesswork out of bank transaction data.
Introducing Basiq’s Enrich API
We are proud to announce the release of our new Enrich API service – that makes encrypted, confusing and nonsense transactions a thing of the past!
Part 2: Expense categorisation across Basiq products
Basiq’s categorisation engine uses multiple sources to categorise and enrich transaction banking data with multiple attributes. To provide industry standard categorisation of expense transactions we use Australia Bureau of Statistics (ABS).
Part 1: What is expense categorisation?
Our powerful categorisation engine takes bank transactions which are typically noisy and difficult to categorise and return a result providing context and accuracy to the data. Use this to gain valuable insights into spending patterns and create better solutions for your customers.
Retrieve financial data in under a second
We understand that performance is really important to you and we are always looking for ways to deliver financial data faster.
Negotiate better rates: use mortgage account details to help your customers
We have added the ability to return more details about mortgages. Identify details interest rate your customer is paying, fixed rate or variable, interest only or principal, payment frequency and much more.
