Ntropy Income Check - Verify your customers' income in real-time via bank data

Hey Product Hunters ! Ilia and I started Ntropy because we were shocked how bad the data coming from the banks is, despite it being the core source of information about a consumer or a business. While attempting to build financial products ourselves, we saw first hand how much work it requires to make sense of this data, let alone leverage it for mission critical use-cases, such as lending, payments and beyond. There needed to be an industry-wide solution capable of understanding financial transactions at scale with super-human accuracy, in order to power the next generation of financial services. We decided to build one. Ntropy core is a simple API that ingests transactions from all sources (aggregators, payment processors, cards) and provides a clean and unified view of who the parties are and what the transaction is about, returning merchant names, locations, logos, websites, as well as granular categories of given transactions. We currently support 6+ languages and are processing billions of USD worth of transactions. Yet, even with a clean overview of every transaction, it is still hard to make account holder level decisions and analyze customer behavior from their transaction histories. Thus we will be releasing a series of endpoints to make this easier for everyone. Income Check is our first launch. It allows you to verify your customers' income and analyze all incoming sources of funds directly from the bank. You do not need to worry about additional authentication flows, payslips or types of income that are not supported by payroll, such as Airbnb rentals, e-commerce gigs and more. The way we work is changing. Financial services are far behind. Income Check allows you to catch up with the current ways of working and earning without introducing any additional steps in the user journey. Our developer portal is here: https://developers.ntropy.com Our main website is here: https://ntropy.com You can access Income Check here: https://income-check.ntropy.com Let us know if you have any questions or feedback! Excited to see what you build. Naré, Ilia and team Ntropy !

Do I understand correctly, it is a tool to develop/integrate to personal bank/analytic apps?

Incredible job - this product solves a very real problem

notoriously hard problem tacked by the best team out there! looking toward to try! 🔥

Woah nice launch!! Looks super useful for verifying income for creators/modern jobs

Exciting! How is this problem solved right now? curious to know what you are changing exactly?

Wow this is very cool. Very useful product ! 🙏✨

This product is real! Good luck.

More banks should use something like this. Hopefully, they wouldn't miss this ;)

Congratulations on your launch!