Featured Press
December 12, 2019
BMO unveils AI-powered PFM tool
Bank of Montreal (BMO) is adding an AI-powered personal finance tool to its mobile app, helping customers manage their day-to-day money matters.
"With BMO Insights, we're tapping into the power of AI to deliver personalized insights to mobile banking customers and provide them with a holistic picture of their financial lives. This is a data-driven approach to personal finance that puts the customer in control."
Finextra
November 11, 2019
AI-based service to help UOB customers manage finances
United Overseas Bank (UOB) has started an artificial intelligence (AI)-based digital banking service to help customers better manage their finances. The Mighty Insights service, as it is called, involves analysing the way customers use their accounts so UOB can better anticipate their needs.
"With the power of AI, we can analyse all the transaction data we have available, turn that information into meaningful insights and provide guidance on the most suitable financial solution for each of our customers."
The Straits Times
December 13, 2019
Canada’s BMO introduces AI-powered personal financial assistant
Dubbed BMO Insights, the new solution will be integrated with the bank’s mobile app. It runs on a technology developed by Personetics Engage, an AI solutions provider to financial services.
Retail Banker International
December 13, 2019
BMO Launches AI-Powered Personal Financial Insights
With more customers looking to mobile banking, BMO’s new insights program is fully integrated into their existing mobile banking experience.
Digital Magazine
December 12, 2019
BMO unveils AI-powered PFM tool
“With BMO Insights, we’re tapping into the power of AI to deliver personalized insights to mobile banking customers and provide them with a holistic picture of their financial lives. This is a data-driven approach to personal finance that puts the customer in control.”
Finextra
December 12, 2019
BMO to leverage AI to deliver personalized banking insights
“With BMO Insights, we’re tapping into the power of AI to deliver personalized insights to mobile banking customers and provide them with a holistic picture of their financial lives. This is a data-driven approach to personal finance that puts the customer in control.”
MobileSyrup
December 12, 2019
BMO launches its own AI financial advice tool
BMO Insights, as the bank is calling its new AI advice tool, uses analysis of personal accounts to deliver personalized insights in 20 different areas, such as saving, spending habits and managing cash flow. It also offers “actionable intelligence,” which the bank points out doesn’t just recognize and track behaviours, but suggests plans and actions clients can take to stay on top of savings.
Strategy