Claude AI gains ability to access and analyse bank accounts

Summarised from 4 outlets · Updated 5 Nov, 18:17 · Archive

Anthropic's Claude chatbot can now connect to bank accounts via Plaid to analyse spending and answer financial questions.

Anthropic has released Personal Finance, a new feature for Claude that connects the chatbot to users' bank and credit card accounts through Plaid, a bank data bridging platform. The tool operates on a read-only basis, meaning Claude can view transaction history and balances but cannot move, manage, or invest money.

Users can ask Claude questions about their finances, such as where they spent money each month or whether they can afford particular purchases. Claude accesses account names, balances, credit limits, and up to two years of transaction history, but does not see banking passwords. The feature can explain financial terms and answer questions about spending patterns and upcoming bills.

Personal Finance is rolling out in beta this week to Claude Pro, Max, and Ultra subscribers in the United States. The launch follows OpenAI introducing similar functionality for ChatGPT in May. Anthropic has positioned the tool as providing straightforward financial analysis without ads or sponsored recommendations.

How it is being reported

• Claude Gets Personal Finance Feature With Bank Account LinkingAnthropic today added Personal Finance to Claude, allowing users to connect their bank and card accounts for analysis. Claude has read-only access to accounts, and there is no option for it to move, manage, or invest money. Anthropic says Claude gives answers in everyday language and can explain unfamiliar financial terms. The feature can track spending across categories, upcoming bills, and out-of-the-ordinary purchases. It can look for unexpected fees, increasing bills, and subscriptions, plus it can create charts, calendars, and dashboards. Financial accounts are connected to Claude…MacRumors · 5 Nov, 22:47
• Claude AI can plug directly into your bank accountAnthropic has a new pitch for managing your personal finances: let Claude do it instead, with a new Personal Finance feature that connects it to your bank and card accounts via the Plaid bank bridging platform. You can ask the chatbot "where did my money go this month," for example, and it'll create an overview […]The Verge · 5 Nov, 18:00
• Claude can now analyze your spending with its new Personal Finance toolWith Personal Finance in Claude, users can connect their bank and card accounts through Plaid and ask questions about their finances.TechCrunch · 5 Nov, 18:00
• Now Claude can help with your finances tooBut just like with ChatGPT, should you?Engadget · 5 Nov, 18:00

In this story: Anthropic · Claude · Plaid · OpenAI · ChatGPT

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