Yes, when you purchase the Plasma Data Add-On.
Data cleansing is important, as it shows a much cleaner view of transactions to clients. We have all run into a situation where we scratch our heads when looking at our bank statement. What is that $19.99 purchase last month?!
This is where data cleansing can help. We use proprietary algorithms to scrub the data, comparing it with other transactions from users to make a best guess of the merchant name, logo, and category type for proper tracking and analytics. Please find a graphic below illustrating this.
This cleansed data can play an important role in budgeting and other PFM tools. Without the cleansing, you will be providing an inaccurate view to clients. This is why it's important to use Plasma when offering a consumer facing program.