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What is Financial Data Enrichment?

Sponsored by: Envestnet | Yodlee What is Financial Data Enrichment? The ability to access and analyse high-quality financial data is the future of financial services. However, transaction information currently collected by financial institutions is often ambiguous and riddled with letters, numbers, and symbols, which makes it difficult for consumers to recognise their own transactions. It also lacks categorisation, which makes it difficult for financial institutions to organise, analyse, and effectively use. Envestnet | Yodlee Transaction Data Enrichment solves these problems by turning ambiguous transaction information into clear, contextualised data. In addition to reducing customer support calls and fraud research costs, the categorised and contextualised data allows financial institutions and FinTechs […]
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Aug
23

MYOB integration with Butn invoice finance goes live

Butn has implemented the MYOB|Butn invoice finance product and commenced an initial roll out to MYOB Essential business users. 

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Aug
20

OnDeck Australia ranks among Australia’s Top 40 “Best Places to Work”

OnDeck Australia now has the highest designation available as one of the nation’s “Best Places to Work” in Australia.

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Aug
18

86 400 partners with FAST Group – almost 90% of Aussie brokers now have access to its home loans

86 400 has announced a new partnership with FAST Group to bolster its broker network and help even more Australians secure a smarter home loan, faster. 

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Aug
18

New Fintech Acacia helps people spend, save and build wealth in a sustainable way

Acacia aims to enable more informed financial choices that help people to save money and build wealth, while having a positive impact on the planet. 

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Aug
06

Digital disruptor True Savings launches into the Australian mortgage market with a next-generation broking platform

Mortgage disruptor True Savings has launched its innovative digital platform that promises homeowners greater transparency and control of their mortgage.

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Aug
02

Ethereum 2.0 network upgrade a birthday gift to investors

Ethereum 2.0 is coming, employing a database architecture development concept called sharding that will help to upscale the blockchain.

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Jul
29

A 620% uptick: Equity crowdfunding in Australia gathers momentum

More Australian businesses are raising more money through equity crowdfunding, with investments in the last quarter up a massive 620%.

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