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Bank Statement Analysis
Analyze Bank Statements from Any Bank, Any Format
IDfy’s Bank Statement Analysis API works on an advanced AI / ML-based model that allows you to derive intelligent insights from a customer’s bank statement.
These advanced insights have been trained over numerous bank statements and across 100+ banks.
Fraud Check
Identify if a customer’s uploaded bank statement is fraudulent thus ensuring the authenticity of the financial data
Activity Recap
Identify/summarise the type of activities that have taken place over a period of time
ML Anomaly Scan
Detect and prospect any anomalies using advanced ML models trained for supreme activity pattern detection
How Our API Works
Provide Bank account statement, bank name, account type, password (Optional) as Input and get Customer and bank account details, income per month, opening and closing balances per month, fraud analytics, advanced insights as Output
Features
Multi-Bank View
Get a consolidated view of multiple bank statements
Instant
Analyze scanned bank account statements in just 30 seconds
Flexible Format Analysis
Analyze non-standard formats from rural banks & cooperative banks
Frequently Asked Questions
Yes, you will get a Fraud check sheet which will indicate any tampered statements, suspicious transactions, irregular transfers, debit-credit mismatch etc.
With IDfy’s Bank Statement Analyzer API you get customer and bank account details, income per month, opening and closing balances per month, fraud analytics, advanced insights
Our API accepts bank statement PDFs, or fetches statements through Account Aggregator.
What our clients say
"We are happy to partner with IDfy and its team at a time when we are re-imagining the future of the industry."
Arvind Ronta
"IDfy's solution is a unique set of products & services solving the ubiquitous problem of identity & employment fraud.”
Aman GourGet Your API Access and Secure Your Business Today
A one-time, trouble-free API integration
- Unlike other platforms, IDfy's API is built with both businesses and developers in mind.
- Our easy-to-follow documentation and dedicated support team ensure you have all the resources you need for successful API integration.
Data is encrypted for security at rest and in motion.
IDfy has been certified by BSI to ISO 27001
IDfy always uses 256-bit SSL encryption on all devices.
IDfy is SOC 2 Type II compliant.
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Registered Office
Unit no. 801, Skyline Icon, 804, Chimatpada, Marol, Andheri East, Mumbai, Maharashtra 400059
"The checks and verifications built in IDfy's platform help us identify and prevent fraud at source to a large extent.”
Kirti Patil CTO, Kotak Life Insurance