Personetics Act

Autonomous Money Management

FinTech apps such as Digit, Chip, Qapital and Acorns are luring bank customers with automated money management programs that help customers advance their financial goals.

Meanwhile, automated savings programs offered by banks and credit unions are largely outdated and rigid – failing to address individual needs and the expectations of customers in the digital age.

AI-powered Money Management: Ready for your Bank. Designed for your Customers.

With Act, financial institutions can offer automated money management programs that are tailored to each individual and self-adjusting to changes in pending patterns.

Powered by AI, Act continuously works on behalf of your customers to help them meet their financial objectives:

  • Save for a short-term goal
    Emergency fund, large purchase, vacation
  • Get ahead of long-term saving goals
    Retirement, college
  • Pay off debt
    Credit card, mortgage, student loans

How does Act work on behalf of the customer?

Act works hand-in-hand with each customer to meet financial needs and goals, doing the heavy lifting to continually analyze changing financial situations, recommend and execute actions, and keep the customer informed and engaged.



It starts by evaluating individual financial situation and needs, engaging and guiding the customer to define personal actionable goals – save more, reduce debt, or make progress towards long-term financial targets.

Always analyzing the customer finances, it identifies opportunities to make progress towards these goals – automatically executing transfers and payments on behalf of the customer or suggesting recommendations for the customer to act on – learning and optimizing these actions over time.



Long-term Savings

Short-term Microsavings

Debt
Payoff

A win-win proposition for the consumer and the bank




For Customers

  • Let the automated program help you meet your financial goals while you go about your busy life
  • Stay in complete control – adjust your goals, set limits, or opt out at any time


For Banks

  • Increase stickiness and share of wallet for current account holders
  • Attract customers that hold their primary account with other banks
3 out of 5 consumers would be interested in automated savings programs. — Mercator Advisory Report, April 2017

Learn more

Contact us to see how your customers can reach their financial goals with the help of Act

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