Transaction Data Advanced

Transaction Data Advanced (TDA) is an add-on to Transaction Data that improves data completeness and quality before a user continues to the next step of your journey.

What TDA does (principle)

• Analyses bank data in real time after each account aggregation

• Helps you capture more complete and decision-ready data before the user proceeds

• Goal: improve lending decision quality and increase conversion

How it works

After each account aggregation, TDA runs automatic checks on the collected data. You can configure the validation criteria, for example:

• Low activity score on the account

• No transactions categorized as income

• Internal transfers detected (suggesting another relevant account exists)

If the aggregated account does not meet one or more criteria, TDA prompts the user to aggregate an additional bank account without breaking the journey flow.

User flow (high level)

1. Account 1 aggregated - the user shares their first bank account

2. TDA checks run - activity score, income presence, internal transfers

3. Additional account requested (if needed) - the user is invited to aggregate another bank account, without interruption to the journey

4. Richer dataset - more complete / exhaustive inputs for decisioning, improved acceptance rate and compliance with CCD2 (EU Consumer Credit Directive 2)

Benefits

• More reliable input data for decisioning

• Fairer analysis based on more complete account coverage

• Higher acceptance rate

• Supports compliance with the CCD2 directive

Results (observed)