Stop reviewing bank statements line by line and start making faster lending decisions.

No two banks format statements the same way. Transaction layouts, date structures, balance presentations, and income categorizations differ across institutions, and borrowers often submit statements from multiple banks simultaneously. Infrrd extracts and standardizes critical financial data from any bank statement format without fixed templates, giving your teams consistent, structured output regardless of the source.

Identifying stable income from months of transaction data isn't straightforward; irregular deposits, recurring transfers, and non-income credits can easily be miscategorized manually. A single miscalculated income figure can push a creditworthy borrower into the wrong risk bracket. Infrrd captures and classifies transaction data with precision, giving underwriters an accurate income picture they can make confident decisions from.

Mortgage and auto loan applications routinely require three to six months of bank statements across multiple accounts. When underwriting teams review each statement manually, processing times stretch and pipelines back up. Infrrd processes large volumes of bank statements simultaneously, extracting complete transaction histories accurately and delivering structured data your teams can act on immediately.