Natural Language Processing (NLP) is fast becoming essential to many new business functions, from chatbots and digital assistants like Alexa, Siri, and Google Home, to compliance monitoring, BI, and analytics. NLP tools and techniques help businesses process, analyze, and understand all of this data in order to operate effectively and proactively. Now, even Google Analytics offers support for NLP, which is revolutionary in its own way. The input to natural language processing is a simple stream of Unicode characters, and basic processing is required to convert this character stream into words, phrases, and syntactic markers which can then be used to better understand the content.
mTrakr is offering API services to provide systematic financial information curated through the details, as provided by the customer. This is done by analyzing the text messages that you provide and in return, we generate refined data like amount, balance, transaction mode like NEFT, IMPS, RTGS, merchant/beneficiary, account number and so on. To harness the full potential of our algorithms we have more offerings in the pipeline: Merchant Categorisation API and an Analytics Web Dashboard.