Now incorporates more debit and credit card data than any other product in the market
In its ongoing mission to transform the alternative data landscape, Facteus proudly announces the substantial expansion of its key product, Ultra. Doubling the size of its data set with a 1-day lag, Facteus reinforces its unrivaled position in the industry, providing an even broader and more comprehensive view of consumer spending across various income cohorts and demographics.
As a leader in procuring exclusive transaction data sets, Facteus' Ultra now incorporates more debit and credit card data than any other product in the market. This notable expansion paves the way for a new industry benchmark, enabling Ultra to deliver an unparalleled level of accuracy in company KPI forecasting.
New Data Features from Ultra Include:
- Expanded base pool of cardholders, now at 90 million
- True 1-day transaction data lag
- 50/50 credit to debit card ratio split
- Granular transaction-level detail
- 6 years of transaction data history
- Available in Mobius, Facteus’ ChatGPT-like data querying interface get early access here>>
- Available in any cloud or data platform
"The expansion of Ultra marks another significant milestone in Facteus' journey, setting new precedents in the alternative data industry. With the industry's largest and fastest data set in debit and credit card data, we're steadfast in our commitment to serving both industry novices and seasoned veterans," said Lorn Davis, Facteus' Head of Product & Strategy. "Yet, this is far from the end. We are not just looking at where we are, but where we're heading. As we continue to incorporate more data and enhance the robustness of Ultra, we remain focused on delivering the industry's most representative panel, lowest forecast error rates, and the most stable data supply, consolidating Ultra's position as the most reliable and comprehensive solution in the alternative data industry."
From retail and real estate to grocery delivery and restaurants, the data available through Ultra unlocks near limitless insight into the trends and ability to forecast, setting the new standard across industries.
About Facteus
Facteus, a leading technology and data company, is the largest and fastest (1-day lag) provider of consumer transaction and packaged goods data and insights in the Alternative Data industry. Facteus specializes in utilizing advanced technologies to safely and securely deliver comprehensive consumer spending data, catering to a diverse range of sectors including finance, retail, government, research, and beyond. Through its innovative, AI-driven platform, the company delivers actionable insights derived from alternative data sources, empowering clients to make data-driven decisions and stay ahead of the competition. For more information, visit www.facteus.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230620207274/en/
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