Bank Statement Analyzer API

A Bank Statement Analyzer API enables financial institutions, fintechs, & NBFCs to automate the analysis of bank statements, eliminating the need for manual data entry & verification. By leveraging AI-powered Bank Statement Analyzer (BSA) software, this solution extracts, categorizes, & generates a real-time bank statement analysis report for faster decision-making.

The Need for Bank Statement Analyzer API

Manual underwriting is slow, costly, and prone to errors. Lenders, fintech companies, and financial institutions need a faster, smarter way to analyze bank statements without compromising accuracy. This is where a Bank Statement Analysis API becomes essential—automating data extraction, verification, and risk assessment to deliver real-time bank statement analysis reports for quicker, more informed lending decisions.

Experience the Difference with Bank Statement Analyzer API

Real-Time Insights

Gain immediate, in-depth insights into customer transaction patterns, income stability, spending behavior, and financial health indicators.

Advanced Fraud Detection

Utilize ML-based anomaly detection to cross-analyze bank statement transactions and flag suspicious activity.

Automated Categorization

Classify credits, debits, and recurring transactions with high accuracy using a Bank Statement Analyzer (BSA).

Regulatory Compliance & Data Security

Ensure secure fetching of bank statements, maintaining data privacy and industry-aligned compliance.

Bank Statement Analyzer API : Industry Use Cases

Digital Lending

Perform swift credit assessments to approve personal, payday, or SME loans online.

Banks & NBFCs

Streamline business loan evaluations, saving time on manual statement checks.

Insurance Providers

Assess the financial stability of policyholders and claimants with minimal manual effort.

Fintech Applications

Embed Bank Statement Analysis in neo-banking apps for real-time risk assessment.

Add-ons

ZOOP’s advanced APIs are optimized for best user experience. Extract data and verify the identity of customers effortlessly.

Name Match

Face Match

Face Liveness

OCR

Effortless Integration with Our APIs and SDKs

Experience seamless integration with our powerful APIs and SDKs, designed to simplify your development process and accelerate your project's success. Our user-friendly tools ensure a smooth and efficient integration, allowing you to focus on innovation and impact.

API

Web SDK

Mobile SDK

Custom Integration

You Need to be All-ears about Fintech

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Frequently Asked Questions

We support PDFs, images (JPEG, PNG), and machine-readable statements. Our OCR engine accurately extracts data even from scanned documents.

Our machine learning models are trained on vast sets of transactional data, delivering high precision categorization. Continuous learning ensures improved accuracy over time.

Yes. We adhere to industry-leading encryption standards and maintain strict compliance with regulations to ensure complete data privacy.

Absolutely. The Bank Statement Analysis API is built to seamlessly integrate with existing workflows, CRMs, and underwriting platforms using RESTful endpoints or SDK libraries.

Yes. Our platform is fully configurable, allowing you to define custom categories, flags, and scoring models to align with your credit policies.

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