“Merchants are a key collaborator in our network, providing secure purchase receipt data so that there is no need for screen scraping or problematic receipt snapshots with a mobile phone. We are organizing and standardizing item-level data across all merchants so that it can be accurate and consistent when integrated into banking institution customer platforms.”

https://techcrunch.com/2022/10/20/banyan-raises-43m-to-grow-its-network-of-item-level-purchase-data/