Complete version for RBC Mobile users slated for release this fall
Continuing to blaze the trail in the realm of high-technology financial solutions for Canadian consumers, RBC has pilot-launched two new AI-powered digital services that provide financial insights and savings solutions.
NOMI Insights™ is designed to monitor spending, plan for upcoming/projected expenses, and notify RBC Mobile users when a particular payment is higher than usual.
“NOMI Insights can also tell you when monthly spending in a certain category is unusual so you can make informed decisions about your spending habits. For example, NOMI Insights may notice that you’ve been dining out more than usual in a given month, or your transportation costs have increased,” RBC stated in its news release.
Meanwhile, NOMI Find & Save™ incorporates predictive technology, which would help RBC Mobile users “find pockets of money in [their] cash flow and automatically moving that money into savings.”
The two services, which are slated for a full launch this fall, can help first-time buyers who are trying to find additional savings for down payments.
“[These apps] are always thinking a few steps ahead to help ensure our clients' finances are in order,” according to Neil McLaughlin, group head of RBC’s personal & commercial banking. “We’re one of the leading voices on artificial intelligence in Canada, and these new digital capabilities are examples of how our clients are benefitting from our advancements in AI.”
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