Basiq Affordability … with a makeover!
The Basiq Affordability report has undergone a makeover! Our upgraded report makes it even easier for assessors to gain a full view of an applicant’s financial position at a glance.
Basiq Affordability for New Zealand – Coming Soon!
We are excited to announce that Basiq Affordability for New Zealand is coming soon. This will allow lenders to make faster and better home loan decisions based on real bank transaction data from New Zealand.
How much can your customers afford to spend?
With Basiq’s new Affordability API – we have taken the guesswork out of bank transaction data.
Introducing Basiq’s Enrich API
We are proud to announce the release of our new Enrich API service – that makes encrypted, confusing and nonsense transactions a thing of the past!
Part 2: Expense categorisation across Basiq products
Basiq’s categorisation engine uses multiple sources to categorise and enrich transaction banking data with multiple attributes. To provide industry standard categorisation of expense transactions we use Australia Bureau of Statistics (ABS).
Part 1: What is expense categorisation?
Our powerful categorisation engine takes bank transactions which are typically noisy and difficult to categorise and return a result providing context and accuracy to the data. Use this to gain valuable insights into spending patterns and create better solutions for your customers.
