Developers can use TrueLayer’s APIs to access various types of banking data, including account information, transaction history, balances, and more. This data can be used to power a variety of financial applications and services, such as personal finance management tools, budgeting apps, lending platforms, and payment initiation services.TrueLayer’s APIs are designed to be secure and reliable, with built-in authentication and encryption mechanisms to protect sensitive user data. Developers can integrate these APIs into their applications using TrueLayer’s SDKs and documentation, which provide detailed instructions and code examples.TrueLayer also offers additional features and services to enhance the functionality of financial applications. For example, developers can use TrueLayer’s Data API to access enriched transaction data, which includes merchant names, categories, and other contextual information. This can be useful for building features like spending analysis and categorization.Furthermore, TrueLayer provides access to Open Banking APIs, which comply with the PSD2 regulation in Europe. These APIs allow developers to initiate payments and retrieve account information from users’ bank accounts, with their consent. This enables the development of payment initiation services and other innovative payment solutions.Overall, TrueLayer’s APIs provide developers with a powerful toolset to build secure and innovative financial applications and services. By leveraging TrueLayer’s partnerships with banks and financial institutions, developers can access a wide range of banking data and offer valuable financial solutions to their users.