LedgerBeam
LedgerBeam
Transaction Enrichment

Unlock the full potential of your transaction data

Transform raw transaction data into structured, actionable insights with our advanced enrichment API. Categorize, clean, and enrich financial data at scale.

Raw Transaction
AMZN MKTP US*MK2QP0X92
$29.99 • 04/15/2023
Enriched Transaction
Amazon
Shopping
$29.99 • 04/15/2023
Merchant ID: amzn_us
Category
Shopping
Merchant
Amazon
Confidence
98%
Subcategory
Online Retail
Recurrence
Non-recurring
Logo
Available
How It Works

Powerful Transaction Enrichment in Three Simple Steps

Our API is designed to be easy to integrate while providing powerful enrichment capabilities.

1

Send Raw Transactions

Send your raw transaction data through our secure API. We accept data from any source, in any format.

{
  "transactions": [
    {
      "id": "tx_123456",
      "description": "AMZN MKTP US*MK2QP0X92",
      "amount": 29.99,
      "date": "2023-04-15"
    }
  ]
}
2

Real-time Processing

Our AI models analyze and enrich your transaction data in real-time, with response times under 100ms.

Processing: 65ms
3

Receive Enriched Data

Get back structured, enriched transaction data with categories, merchant details, and more.

{
  "transactions": [
    {
      "id": "tx_123456",
      "description": "AMZN MKTP US*MK2QP0X92",
      "clean_description": "Amazon",
      "category": "Shopping",
      "subcategory": "Online Retail",
      "merchant": {
        "name": "Amazon",
        "id": "amzn_us",
        "logo_url": "https://..."
      },
      "recurring": false,
      "amount": 29.99,
      "date": "2023-04-15"
    }
  ]
}
Benefits

Why Choose LedgerBeam for Transaction Enrichment?

Our transaction enrichment API is designed to provide the highest accuracy, performance, and flexibility for financial applications.

Unmatched Accuracy

Our models achieve 95%+ accuracy in transaction categorization and merchant identification, significantly higher than industry averages.

Lightning-Fast Performance

Process millions of transactions in real-time with response times under 100ms, enabling immediate insights and actions.

Global Coverage

Support for multiple currencies, languages, and regional transaction formats across 50+ countries.

Enterprise-Grade Security

SOC 2 compliant with end-to-end encryption and strict data privacy controls to protect sensitive financial data.

Accuracy Comparison

Industry benchmark
Categorization95%
Merchant Identification97%
Recurrence Detection93%

Performance Metrics

Last 30 days
Average Response Time
65ms
Uptime
99.99%
Transactions Processed
500M+
Countries Supported
50+
API Request Example
// Example API request
fetch('https://api.ledgerbeam.com/v1/enrich', {
  method: 'POST',
  headers: {
    'Content-Type': 'application/json',
    'Authorization': 'Bearer YOUR_API_KEY'
  },
  body: JSON.stringify({
    transactions: [
      {
        id: 'tx_123456',
        description: 'AMZN MKTP US*MK2QP0X92',
        amount: 29.99,
        currency: 'USD',
        date: '2023-04-15'
      }
    ]
  })
})
.then(response => response.json())
.then(data => {
  console.log(data);
  // {
  //   transactions: [
  //     {
  //       id: 'tx_123456',
  //       description: 'AMZN MKTP US*MK2QP0X92',
  //       clean_description': 'Amazon',
  //       category': 'Shopping',
  //       subcategory': 'Online Retail',
  //       merchant': {
  //         name': 'Amazon',
  //         id': 'amzn_us',
  //         logo_url': 'https://...'
  //       },
  //       recurring': false,
  //       amount': 29.99,
  //       currency': 'USD',
  //       date': '2023-04-15'
  //     }
  //   ]
  // }
})
Technical Details

Built for Developers, by Developers

Our API is designed to be easy to integrate while providing powerful enrichment capabilities.

RESTful API

Simple, intuitive REST API with comprehensive documentation and examples in multiple programming languages.

Batch Processing

Process thousands of transactions in a single API call for efficient bulk processing.

Secure by Design

Bank-level security with TLS encryption, API key authentication, and optional data residency.

SDKs & Libraries

Official client libraries for JavaScript, Python, Ruby, Java, and more to accelerate integration.

Use Cases

Transforming Financial Services

See how LedgerBeam's transaction enrichment is helping businesses across industries make sense of their financial data.

Personal Finance Apps

Provide users with clear insights into their spending habits and financial health with accurate transaction categorization and merchant identification.

Food
Shopping
Transport
Bills
Spending Categories Distribution
  • Create intuitive spending categorization
  • Enable budget tracking with accurate merchant data
  • Deliver personalized financial advice

Banking & Financial Services

Help your customers understand their spending with clear transaction descriptions and categorization, reducing support tickets and improving satisfaction.

Customer Satisfaction
+30%
  • Improve customer experience with clean transaction data
  • Reduce support tickets related to transaction confusion
  • Enable personalized financial insights and recommendations

Accounting & Expense Management

Automate expense categorization and reconciliation with accurate transaction data, saving time and improving accuracy.

Manual Processing
Automated Processing
Before
85% Reduction
Manual Data Processing Reduction
  • Reduce manual data entry and categorization
  • Improve accuracy of financial reporting
  • Streamline expense approval and reimbursement processes

Business Intelligence

Transform transaction data into actionable business insights and market intelligence for data-driven decision making.

Customer Spending Insights
MonTueWedThuFriSatSun
  • Analyze customer spending patterns and preferences
  • Identify market trends and opportunities
  • Make data-driven business decisions with confidence
FAQ

Frequently Asked Questions

Everything you need to know about LedgerBeam's transaction enrichment API.

How accurate is your transaction categorization?

Our transaction categorization achieves 95%+ accuracy across all categories, significantly higher than industry averages. We continuously train and improve our models with new transaction data to maintain this high level of accuracy.

How do you handle sensitive financial data?

We take data security extremely seriously. All data is encrypted in transit and at rest, and we are SOC 2 compliant. We also offer data residency options for customers with specific regulatory requirements. We never store or use your transaction data for any purpose other than providing our service to you.

What transaction data do you need to provide enrichment?

At minimum, we need the transaction description, amount, and date. However, providing additional data such as MCC codes, merchant IDs, or location data can improve the accuracy of our enrichment.

How quickly can I integrate your API?

Most customers can integrate our API in less than a day. We provide comprehensive documentation, client libraries for popular programming languages, and a sandbox environment for testing. Our support team is also available to help with any integration questions.

Do you support international transactions?

Yes, we support transactions in 50+ countries and multiple languages. Our models are trained on global transaction data to ensure high accuracy regardless of the transaction's origin.

Ready to transform your transaction data?

Join hundreds of innovative companies using LedgerBeam to enrich their financial data.