We’re back with the August edition of the Changelog! We’ve been busy shipping improvements to our platform this summer, and we’re excited to share some highlights.
For a refresher on what we rolled out last month, head over to July’s Changelog.
As we continue to build the best possible bank coverage, this month we added Identity support for more than 700 new institutions. This means we now offer Identity’s fraud-fighting capabilities for a total of more than 1,000 institutions. Some of the newest additions include major community and regional banks like IBERIABANK, Simmons Bank, and Community Bank, rounding out our wide breadth of Identity-supported institutions.
On top of that, we’ve continued upgrading existing integrations across the board. Along with the institutions mentioned above, we upgraded Dime Bank, Austin Bank, First Mid-Illinois, and over one hundred more this month.
Categorizing transaction data for more than 9,600 financial institutions presents a unique set of challenges. Our data science team uses a combination of word embeddings and neural networks to properly categorize data so developers can provide great experiences to their end-users. Check out our deep-dive look into how we make sense of messy bank data to deliver best-in-class categorization.