Yodlee API v1.0 (Aggregation) - Transaction Data Enrichment

TDE

Transaction Data Enrichment (TDE) provides consumers with greater clarity into their financial transactions. Powered by Envestnet | Yodlee’s proprietary machine learning engine, TDE augments and refines financial transaction data by adding a simple description, merchant name, category, and geo location in a contextualized manner based on learnings from millions of transactions. 

Benefits

    • Transaction Clarity
      • Plain-language transaction descriptions are easily read and understood by the end user
      • User experience and customer engagement is improved
      • FI’s call center costs are reduced, due to fewer calls from consumers regarding unrecognizable transactions
    • Contextualized Data
      • Transactions are categorized based on context, rather than simple keyword matches
      • For example, the system can accurately identify refunds, purchases, payroll and credit card payments, all referencing the same transacting entity
    • Building Blocks for Data Insights and Financial Wellness
      • Each user’s transaction data are multi-faceted to facilitate data analysis
      • Derivation of consumer insights to serve targeted advertising and user experience personalization
      • Provides meaningful, structured information that may be funneled through and displayed by several other apps to help the user in their journey to financial wellness

Where can you find TDE Data?

TDE is supported through the get transactions API. The attributes derived via TDE are listed below. To see a list of the supported transaction categories, click here.


#

Field

Description

 1

Category

Contextual transaction category

 2

Merchant

 Name of merchant or financial entity associated with the transaction

3

Simple Description

An easy-to-understand, plain-language transaction description derived from original, abbreviated and, sometimes cryptic, transaction description

4

Type

An attribute describing the nature of the intent behind the transaction, some examples being payments, purchases, charges & fees, etc.

5

Sub-Type

A more detailed classification that provides further information on the type of the transaction; examples include purchases, payments etc.

6

Address*

Street address

7

City*

City

8

State*

State

9

ZIP*

ZIP

10

Country*

Country

*Geo information
Population of TDE-enriched geo fields will vary according to the availability of information in the transaction description.

TDE data elements are not available by default, please contact Yodlee Sales to start receiving TDE data for your transactions. TDE is currently available for bank and card accounts and for the United States, United Kingdom and Australia.