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Responsible AI

A plain-language description of where AI is used in the product, where users should apply judgment, and what the product does not ask users to do.

Last updated: March 29, 2026

The product uses AI to help extract, categorize, summarize, and explain bank statement data. It is a software tool, not a bank connection, lender, accountant, or fiduciary.

Where AI is used

  • Classifying transactions into spending categories.
  • Helping interpret OCR output from scanned or photographed statements.
  • Generating analysis summaries, trends, and other product explanations.
  • Supporting AI-assisted features such as savings tips or follow-up guidance inside the app.

Where users should review results manually

  • Merchant names that are ambiguous, abbreviated, or split across multiple lines.
  • Scanned statements with blur, low contrast, handwriting, or image noise.
  • Edge cases such as foreign currencies, non-standard layouts, or mixed debit-credit conventions.
  • Any financial conclusion that will be used for reporting, tax, underwriting, or audit-sensitive work.

What the product does not do

  • It does not require bank usernames, passwords, or open-banking credentials.
  • It does not move funds, initiate payments, or make account changes.
  • It does not replace a licensed accountant, tax adviser, or legal review.
  • It does not ask users to trust AI blindly; outputs should be reviewed when accuracy matters.

Related documentation

For stack and provider details, see subprocessors. For file handling and storage, see security and data retention.