Open banking regulation gives customers the opportunity to centralize their banking activity and seamlessly move funds from one bank to another. By offering Financial Wellness Programs that allow customers to transfer funds between banks, customers ensure their funds are working for them while the bank increases its share of wallet.
Personetics Act
Self-Adjusting, Automated, Financial Wellness Programs
Personetics Act
Self-Adjusting, Automated, Financial Wellness Programs
Personetics Self-Adjusting, Automated, Financial Wellness Programs help customers reach long-term financial goals and achieve financial resilience by engaging customers in habit-forming financial wellness behavior over an extended time frame.
Automated Financial Wellness Programs help banking customers strengthen financial resiliency and achieve financial goals
Engage customer over an extended time frame
Self-adjusts by leveraging existing & acquired knowledge of the customer
Encourage habit-forming ongoing financial wellness behavior
PERSONETICS' SELF-ADJUSTING, AUTOMATED, FINANCIAL WELLNESS PROGRAMS
HAVE HELPED PEOPLE SAVE
$
US Dollars Since Launch
Covering a Wide Range of Financial Programs
Automated Savings
- Strengthen customer’s financial security by automatically identifying pockets of available funds and transferring them to an appropriate savings account.
Pay Yourself First
- Help customers safely save part of their income. The program identifies recurring income and transfers a safe portion of it according to an AI based risk strategy.
Smart Budgets
- Helps target customers reduce monthly spending in specific categories by recommending smart targets and help to stay on track.
Begin To Invest
- Help customers put aside money into tax advantaged savings accounts and automated advisory accounts. The program combines of smart recurring transfers and impulse savings recommendations.
Reduce Debt
- Help customers pay-off high interest debt (e.g., credit card). The program provides automated transfers and impulse recommendations to prioritized credit account.
SEE IT IN ACTION
The Benefits of a Resilient Customer on the Bank
A Resilient Customer Has
The Benefits of a Resilient Customer on the Bank
- Higher Life Time Value
- Greater Loyalty
- Increased Product Adoption
- Reduced Delinquency and Defaults
A Resilient Customer Has
- 3-6 month Emergency Cushion
- Impactful Spending Management
- Ability to Borrow
- High Savings/Income Ratio
- Higher Life Time Value
- Greater Loyalty
- Increased Product Adoption
- Reduced Delinquency and Defaults
- 3-6 month Emergency Cushion
- Impactful Spending Management
- Ability to Borrow
- High Savings/Income Ratio
Optional Aggregation Links External Accounts For More Visibility
Segment, Map, Invite Customer
Define Goals
Aggregate
Auto Transfer & Tracking
Nudge and Adjust
TRUSTED BY THE BEST
"MyState Bank is the first Australian bank to offer a holistic AI-driven banking solution with the launch of a new enhanced digital banking services including Personalized Insights and Auto-Savings Programs."
Scott Delaney,
Head of Data MyState Limited
"Leveraging AI and technology to help figure out the ‘safe to save’ number puts people on the beginning of an automated plan to help build their savings over time."
Anand Talwar,
Deposits and Consumer Strategy Executive
"It’s a powerful feature", says Thabet. “Consumers tell us, ‘I have a hard time saving, my cash flow really can’t sustain it because I’m paying bills’.” But the AI shows that they can save and the bank does it for them."
Rami Thabet,
VP, Digital Product
Want to explore how your bank can harness the power of AI to engage and serve customers?
We work with banks of all sizes across all geographies and will be happy to see how we can help.
New York
London
Tel Aviv
Singapore
Tokyo
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
