DirectID's Categorisation as a Service categorises raw transaction data from thousands of banks.
The Categorisation Engine allows for the processing of data direct from an individual's current account, or the passing of custom data sets. We then use cloud-based Machine Learning and Big Data Analytics algorithms to obtain deeper insights from transaction data, providing you with accurate and automated transaction enrichment. Our engine categorises the individual’s transactions providing the ability to identify spending habits and types of income for an individual. For specific use-cases, DirectID can also customise training sets for businesses.