Retail Data Enhancement Overview

  • Updated

Retail Data Enhancement (RDE) enables transactional data to be cleansed, categorized, and classified, and enhanced with useful things like merchant data. Complicated, noisy transaction descriptions are turned into simple human-readable descriptions. Transactions are assigned to one of over 100 categories such as “Auto & Transport” or “Food & Dining”, and, if applicable, transactions are assigned a classification such as “Wire” or “Direct Deposit.” RDE makes data more valuable and informative by making it clearer and easier for you to analyze and present to end users. 

RDE is designed to provide the best experience for typical end users who are ordinary customers of a financial institution. In other words, RDE is not designed with an eye toward small businesses. 

RDE should be accessed through the MX Platform API. However, it is available through or integrated into a number of MX services to accommodate legacy clients or non-standard integrations and use cases.

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