British challenger bank, Tandem is partnering with Personetics, a cognitive banking company. Through the partnership, Tandem is seeking to provide its customers PFM features including personalized guidance on their spending as well as alerts on fees.
Tandem’s chief executive, Ricky Knox, said in a statement today:
Our primary focus is making money so easy for our customers that they can get on with their life…Together with our use of Open Banking, Personetics enables us to leverage innovative intelligence to know our customers better, predict their needs, and help them make better decisions about their money with as little effort as possible on their part. We want to do the heavy lifting for them, so they can go about their lives and not worry about day-to-day finances.
Read more on Finextra and CrowdFundinsider.
To learn more about artificial intelligence and PFMs, join us on March 5-6, 2018 at the Parc 55 in San Francisco for Bank Innovation 2018. Click here to request an invitation.