ANZ and Moneythor partner for “financial wellness” venture
Moneythor, a Singapore-based fintech that offers a digital banking toolkit powered by artificial intelligence (AI), has been selected by ANZ in Australia.
According to Moneythor, the initial deployment “will focus on helping customers achieve their savings goals with personalised spending insights and actionable nudges”.
Joe Lewis, programme director, data at ANZ, says the bank is keen to help customers “understand where their money is going and to assist them in building savings habits”. The Moneythor technology – with its built-in transaction data analytics and its nudge engine – will be “a core component” of this initiative, he says.
Olivier Berthier, CEO of Moneythor, adds his team is excited to “deliver a digital service truly putting the customers’ financial wellness at its core”.
Moneythor was founded in 2013. Among its customers are Standard Chartered in Asia and Orange Bank in France.