TomoIQ Launches Money Finder for Personal Finance Guidance
TomoIQ, a personal finance platform developed by TomoCredit, unveiled Money Finder at Money20/20 USA, the company said in a press release. The conversational AI service is available to current TomoIQ customers.
Money Finder provides personalized credit card and loan recommendations based on a user's financial profile and lender eligibility criteria. It can also create debt management plans, prioritize payments, compare providers for recurring expenses, and answer questions about financial goals.
TomoCredit said it developed the service after analyzing more than 100,000 conversations with its existing personal finance assistant. The company reported that 83 percent of consumers used AI assistance to help qualify for credit cards, cars, or homes rather than only for budgeting.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Finance AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Finance
Oct 19 Kapital Agrees to Acquire AI Startup Woz for $30 Million Oct 19 FCA Calls on AI Providers to Add Disclaimers to Financial Advice Oct 19 Affordable American Insurance Launches Agency Gauge Analytics Platform Oct 19 Huntington launches Gemini based operating system for small businesses Oct 19 Binance Launches AI Pro for Conversational Trading StrategiesFinance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
BSI Financial Expands Milo AI Mortgage Service Platform
Joko Launches AI Shopping App in the US
Candidly Adds Employee Financial Guidance Based on Workplace Benefits
Homa Raises $5 Million and Adds Mortgage Lending
Dun & Bradstreet Adds AI Credit Analysis Tools to Finance Analytics
Daily AI Brief: the AI news that matters, in your inbox.