Categorisation Engine

FCA Authorised, ICO Registered

Give users an understanding of how their customers are spending their money.

DirectID’s Categorisation Engine helps you understand how your customers use their money. We use machine learning and big data to classify and categorise all transactions to give you a rich and comprehensive understanding of your customer’s financial habits.

How it Works

1. Your customer’s bank statement data is run through our Categorisation Engine.

2. . Using algorithms, machine learning and big data analytics, the bank data is categorised into groups of similar transactions allowing you to see what your customers are spending their money on.

3. The information is displayed back to the end user within seconds, giving instant data insights.

Key Benefits & Features

DirectID’s Categorisation Engine helps you understand how your customers use their money. We use machine learning and big data to classify and categorise all transactions to give you a rich and comprehensive understanding of your customer’s financial habits.

Over 70 categories used to pin-point customer spending habits

10 Assessment Buckets used to give you even more insights

Up to 95% accuracy in defining the correct categories

Obtain Rich Insights

Normally obtaining such rich insights would take huge levels of resource. With our Categorisation Engine you receive all the insights, reports and analytics you need in mere seconds, allowing you to make more efficient data driven decisions.

Industry Specific Categorisation

Our Categorisation Engine has been refined to provide up to 95% accuracy in spending categorisation across various industries and sectors. We're constantly tuning and upgrading our algorithms, so you can rest assured that the insights you receive will always be accurate and bespoke to your business.

Make Data-Driven Decisions

We often say that it's not the data, but what you do with it that counts, and that's never been truer when it comes to our Categorisation Engine. We cut through the noise to deliver you industry specific insights using real-time bank data from your customers.

"The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect "

James Varga, CEO, DirectID

Powerful Use Cases

Explore our Powerful Use Cases. We provide easy zero-integration solutions with direct access to your customers bank data and instant financial insights into your customers.

Explore our Use Cases

Get Your Free
Platform Demo

Let our specialist team demonstrate the DirectID platform. We'll cover everything from Compliance and Insights to Solutions & Use Cases.