New app for business customers9 Oct 2019 08:44
Metro Bank has also been investing in new technology and announced that it has launched ‘Business Insights’ an artificial intelligence (AI)-led, in-app account insights tool for its business customers. The app, which was created in partnership with Personetics, has been designed to enable business customers to make more data-driven decisions with their business account and offers services such as end-of-month cash flow analysis, notifications when latest payments to service providers are higher or lower than normal, and notifications about upcoming scheduled payments.
Commenting on the introduction of the app, Paul Riseborough, chief commercial officer at Metro Bank, said: “Life is busy at the best of times, especially if you’re running your own business. That’s why at Metro Bank we’re setting out to build a range of game-changing digital capabilities to help SMEs thrive.
“Business Insights marks the start of our journey to deliver the Capability & Innovation programme, and we’re well on our way to delivering more digital innovations to SMEs up and down the country. The tool uses AI-powered technology to make banking easier and help business owners save time managing their finances, so they can focus on running and growing their businesses.”