How to read Finicity Consumer Reports

Finicity, a Mastercard company, collects consumer-permissioned data from data providers you select, such as your financial institutions or payroll provider, to generate “Consumer Reports” used by companies you have engaged with to assist them with determining your eligibility for consumer products and services, including credit or housing.

If we have issued a Consumer Report about you, you can access and view it in the Consumer Portal for up to 5 years from the date it was issued.

This “How to Read” information can assist you with understanding the information included in your reports:

Finicity Consumer Reports will generally include financial information about you collected from the account providers you grant Finicity access to. This information may include your current account balances, financial transactions (debits and credits) for up to 24 months, incidents of non-sufficient funds or overdraft, and payroll information or deposits. Some Consumer Reports will also provide an analysis of that data provided by Finicity, such as income calculations or estimates.

What information is included will depend on the type of Consumer Report Finicity has issued about you.

Every Consumer Report issued by Finicity will identify the report type in the top left corner and provide basic identifying information about you and the purpose for its release. This information is commonly referred to as “header information.”

Here you will find your personal information along with when the report was created, who requested the report, the report ID and date range of the report. There may also be other details displayed depending on which type of report was requested.

This section shows an overview of all the accounts you authorized for the report including the total of current balances in all accounts included in the report and the average balance for the past 2 months based on the daily balances of all accounts.

Each account included in the report is shown here with the current and average monthly balance of each account, the account owner, and other details.

Each account included in the report is shown here, with its respective account summary.

This section displays transaction data for each specific financial institution. It includes the last four digits of the account number, and the time when transaction data is available, as well as what time period was requested up to the last 24 months.

This section displays days since the most recent Non-Sufficient Funds (NSF) transaction, and the total number of NSFs over the report date range.

This section shows the complete transaction history (credits and debits) for each account, available for up to 24 months from the financial institution.

We use an intelligent machine learning process to analyze deposit transactions and estimate your income. We provide three levels of income estimates, high, moderate, or low confidence income streams.

An income stream groups together deposit transactions that have similar payment descriptions, timing, and amounts. Each income stream graph provides a snapshot of up to the past 24 months of transactions. It includes the account owner name, account details, payment timing, status, and amounts.

Each income stream is identified from all deposit transactions, for up to 120 days, with no amounts.

This displays the frequency of payroll deposits and days since the last payroll deposit which helps us determine if payroll deposits are done on a regular basis. This section also includes the stream’s confidence level (Mastercard’s level of confidence that the deposit stream accurately represents income).

Only the income streams with 20% or greater level of confidence are included.

This section shows deposit information from each paystub, including account details, matched transaction(s) dates, descriptions, and amounts. A matched transaction is when the specific deposit identified in the paystub is found in the transaction history.

This section shows deposit information from each paystub, including account details, matched transaction(s) dates, descriptions, and amounts. A matched transaction is when the specific deposit identified in the paystub is found in the transaction history.

The following charts display employer and employee info, including hire date, end date, position title, work status and employment duration. They also include income information for employment, pay frequency, base pay rate, and latest pay date.

The following charts give a detailed breakdown of each payment in the employment history, showing the pay details for that pay period. The most recent and last pay periods of each year are clearly displayed at the top of this section.

For all accounts included in the report, the following charts show:

• A rolling 30-day maximum and minimum balance
• A rolling 30-day average balance across all accounts included in the report.

For each specific account, the following charts show:

• A rolling 30-day maximum and minimum balance
• A rolling 30-day average balance by each specific account.

For all accounts included in the report, the following charts show:

• A 30-day rolling view of credits, debits, and transaction amounts.
• A 30-day rolling view of revenue.
• A 30-day rolling view of net cash flow

For each specific account, the following charts show:

• A 30-day rolling view of credits, debits and transaction amounts.
• A 30-day rolling view of revenue.
• A 30-day rolling view of net cash flow.
• Non-sufficient occurrences
• Deposit history.
• Deposit historical totals.
• Withdrawals history
• Withdrawals historical totals

For all accounts included in the report, the following charts show:

• NSF totals- the total amount of non-sufficient funds or overdraft transactions during the reporting period.
• NSF monthly average – Monthly average NSF/Overdrafts based on total number and the reporting period.
• Deposit totals – Total amount deposited in the accounts in summary by account section for the reporting period.
• Deposits monthly average – Average amount deposited per month of the reporting period.
• Withdrawal totals – total amount withdrawn from the account for the reporting period.
• Withdrawals monthly average – Average amount withdrawn from the account each month of the reporting period.

For all accounts included in the report, the following charts show:

• Average balances – Displays the average balances for the months indicated for all accounts in the report.
• Balances – open and close – Shows the month opening and month closing balance for all accounts in the report for the months indicated.
• Withdrawals – Total withdrawals for all account in the report for the months indicated.

The following charts show:

• Non-sufficient funds or overdraft – Indicates the number of NSFs or overdrafts in a given month for all accounts in the report.
• Recurring expense payments – Includes monthly utilities such as electric and gas; phone and internet; streaming services, etc. When a business makes recurring expense payments using its checking or savings account funds, such payment transaction information can be used. We are limited to the open banking data to make inferences as to which transactions might be recurring expenses.
• Recurring loan payments – Shows monthly payments made to satisfy various financial obligations, such as business loans, auto loans, credit cards, etc.
• Insurance payments – Indicates the monthly amount paid for insurance.
• Tax payments – Indicates the amount of taxes paid monthly.

The payment history score is calculated with up to 24 months of data. All analysis is based on only the accounts that are permissioned. This score helps predict the likelihood that a negative payment event like an overdraft/NSF, missed recurring payment or an incurred late fee will occur in the future. The score is a two-digit ranking separated into four segments of risk, on a scale of “low” to “high.”

The statement cover page includes details about which account statements were pulled for. Please note that all of the following pages are statements that will vary by what is provided by specific financial institutions.

For all accounts included in the report, the following charts show:

• Net cash flow over time
• Average transaction amount
• Cash flow summary with an average monthly total, plus 12, 6 and 2-month averages

For all accounts included in the report, the following charts show:

• Maximum and minimum 30-day rolling balances, 30-day rolling average daily balance, and the standard deviation range.
• Negative balance days
• Cash flow balance summary with an average monthly total, plus 12, 6 and 2-month averages

For all accounts included in the report, the following charts show:

• Total debits and deposits
• A cash flow deposit summary with an average monthly total, plus 12, 6 and 2-month averages
• A cash flow debit summary with an average monthly total, plus 12, 6 and 2-month averages
• Deposits and credits history by month
• Withdrawals and debits history by month
• Possible loan deposits