AI, Metro Bank and Personetics

How AI and Big Data will Transform Banking in 2019

Metro Bank is already doing that with Insights, an in-app money management tool that gives customers complete control of their finances. It alerts customers when there’s not enough money to cover a likely spend, recommends a top up before an automated payment is due, flags if a customer has accidentally been charged twice and alerts the customer when there has been any kind of unusual activity.

https://insidebigdata.com/2019/04/09/how-ai-and-big-data-will-transform-banking-in-2019/


Metro Bank personalises advice with Insights

Metro Bank has gone live with Insights, an in-app money management tool, which uses artificial intelligence (AI) to generate bespoke tips and alerts.

The feature was developed with Personetics, a developer of an opt-in tool for predictive analytics of users’ spending patterns.

As well as alerts that anticipate customers’ spending, users will be able to see a breakdown of where their money goes each month, delve into individual spending categories, and receive bespoke tips about how to manage their finances, based on their specific circumstances.

https://www.bankingtech.com/2018/10/metro-bank-personalises-advice-with-insights/


https://personetics.com

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