Use Cases

Enhance Transaction Data with Artificial Intelligence

Turn messy bank transaction names into clean data.

Uncover the meaning behind transactions

Eliminate confusing strings of random letters and numbers on billing statements by using artificial intelligence to automatically clean merchant names. By transforming unclear merchant names into easily recognizable transactions, banks and payment network operators can improve customer experience, reduce customer service inquiries, and lower the number of disputed payments.

Take control over messy transaction data

Streamline and expedite merchant name cleaning for card issuers and payment network operators

It is common for charges on bank statements to show billing descriptors that are confusing or completely unrecognizable. While some merchants use clear names, many (especially small businesses) simply don’t.

Leverage AI to identify hidden patterns buried in unstructured billing descriptor data, then automatically transform unrecognizable merchant names into clear transaction records. Both card issuers and cardholders benefit from having easily recognizable merchant names attached to each transaction.

Benefits of AI-powered transaction data enhancement

Reduce Costs
Save time and resources by reducing customer service calls about unrecognized charges.
Improve Accuracy
Help cardholders better understand their transactions when reviewing bank statements.
Save time
Reduce operating costs thanks to fewer customer services inquiries and payment disputes.
Button Text