UK: Tandem to partner with Personetics

Tandem Bank has partnered with Personetics, a personal financial management app developer, to introduce an artificial intelligence (AI) service that will help users manage their spending.

Personetics’ AI will provide personalised insights on customers’ spending habits to help them reach their financial goals, such as tips on how to avoid fees. The tool will also have features that help users manage their finances, such as upcoming bill warning, alerts about potential balance deficits, and notifications about any unusual transactions.

"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.
Ricky Knox, CEO, Tandem"

The partnership was driven by Tandem Bank’s desire to improve the customers banking experience, with Tandem CEO Ricky Knox saying: “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.”

At the time of writing, the full launch date of the integrated system has not been announced.

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