Categorization

KliQr API automatically categorizes all the transactions, identifying the purpose and context of a bank transaction.

Our API uses a wide variety of algorithms providing a rich and highly accurate categorization engine with capabilities of identifying the context within transactions based on words, phrases, language, etc.

Categorization forms the main base for understanding account transactions and personalizing value propositions to customers. Our API is therefore the key for Financial Service Provider's to being able to tell the story behind every user's financial lifestyle.

We provide a wide variety (over 70) of categories for both income and expenses, each category also has a tag which aims to provide deeper context to the transaction. For example a transaction could be categorized under transportation and have a tag uber to provide more information.