Anthropic rolls out personal finance feature for Claude: All you need to know
By Google News Personal Finance ·
Anthropic has begun rolling out a personal finance feature for its AI chatbot Claude, allowing users to connect their bank and credit card accounts and seek information about their spending, balances and upcoming bills through natural language queries. The feature, called Personal Finance, is being introduced in beta this week for subscribers to Claude's Pro, Max and Ultra plans in the US.
Users can link their financial accounts through Plaid, a service that facilitates connections between financial applications and banks. With the integration, users can ask Claude questions about their financial activity, including how much they have spent during a particular month, whether their expenses exceed their income and how much interest they have paid on their accounts.
What Claude's Personal Finance feature offers Claude can analyse transactions across linked accounts, organise expenditure into categories and provide summaries of users' financial activity. For instance, users can ask where their money went during a particular month and receive a breakdown of spending across categories such as rent, utilities, food and shopping.
The chatbot can also compare spending patterns across previous months and identify transactions that may require attention, including duplicate payments, unexpected charges and bills that have increased over time. Users can seek explanations of financial terminology, including the annual percentage rate (APR), and ask Claude to calculate the interest charged over a specified period.
The feature also allows users to create weekly spending charts, payment calendars and customised financial dashboards. Anthropic said Claude can access information such as account names and types, balances, credit limits and transaction history covering up to two years…
Originally published by Google News Personal Finance
