Finexer’s Transaction Enrichment API is now live in the UK, giving platforms structured, categorised financial data from raw bank transactions in real time.
UK Fintech has covered the launch, exploring how the enrichment layer addresses one of the most persistent operational challenges for accounting, payroll, and ERP platforms – raw bank transaction data that arrives as unstructured reference strings and requires significant manual processing before it is usable.
The API converts raw transaction data into clean, merchant-identified, categorised financial data within the same API response as the bank feed – removing the need for overnight batch processing or separate data cleaning workflows.
Read the full article: Finexer’s Transaction Enrichment API Now Live in the UK – UK Fintech
About the Author
The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.