Anthropic launches Claude Personal Finance, a feature that allows its AI assistant to analyze users’ bank accounts. In testing in the United States, the tool can check balances and transactions, but cannot move money.
Following conversations, documents, and even health data, artificial intelligence is now making its way into users’ bank accounts, at least in the United States and for subscribers of Claude, the large language model (LLM) developed by Anthropic. The company announced on Thursday, November 5th, the launch of Personal Finance, deployed in beta this week for Pro, Max, and Ultra subscribers.
Concrete questions about spending
With Personal Finance, users can connect their bank accounts to have their spending analyzed. Claude can answer very specific questions, such as the amount left in the account before the next paycheck or the reasons for a spending increase in a given month. The assistant can also categorize transactions, compare spending month-to-month, and identify upcoming bills.
Claude can also transform this data into customizable graphs, calendars, and dashboards. Some banking apps already offer these functions, but with Claude, the user must grant access to their accounts to a company outside their bank.
Read-only access
To link their accounts, users go through Plaid, a service specialized in bank connectivity. They log into their bank themselves, and Claude never sees their password. Anthropic assures that its assistant only has read-only access to the data.
Claude cannot move, manage, or invest money from linked accounts. For each connected account, it sees the bank name, the account name and type, its last four digits, the balance, the credit limit, and up to two years of transactions. Anthropic states that conversations held within the Personal Finance space are not used to train its models. Exchanges conducted elsewhere in Claude follow the usual privacy settings.
The company reminds users that Claude can make mistakes and advises checking important figures with their bank.
For now, Personal Finance remains limited to the United States, and Anthropic has not provided any timeline for Europe. The company presents this version as a first step and indicates it wants to subsequently partner with banks, wealth managers, and financial services companies. Anthropic announced this launch in an introductory article on its website.
