Quovo’s Income Evaluation endpoints present a rich profile of users’ incomes by enriching Quovo’s Account Aggregation with proprietary machine learning models. More than just a list of transactions (though we provide that as well!) Income helps you make sense of which income streams are primary, irregular, or substantial. This allows you to better understand the sources, continuance, and stability of income. The Income Evaluation bundle includes two endpoints –
/incomesendpoint provides a comprehensive summary of user incomes. Quovo breaks down income into different streams . Income streams cluster together different deposits based on frequency, size, and source. These streams are also ranked by how much they contribute to your user’s overall income. The
/incomesendpoint helps you make sense of these streams by bundling together pertinent information about them and ranking them so you can have a clear sense of the most important contributors to income.
Along with the
/income_transactionsendpoint returns all of the deposits that comprise income streams, along with each deposit’s corresponding stream_id . Using this underlying transaction data, you can get a better sense of the inputs into Quovo’s Income Evaluation. The
/income_transactionsendpoints are only available for “checking” and “savings” account types. Both endpoints are available at the user and account levels. They can also be combined with the Expense Analysis endpoints to give a complete picture of your user’s cash flow.