OneUnited Bank, the largest Black-owned bank in the country, has introduced an AI tool to promote financial literacy with their clients. It is the first AI product launched by a Black bank.
Per a press release, WiseOne® Insights, is “a groundbreaking AI-driven tool designed to guide, inform, and protect individuals by leveraging financial literacy.”
Additionally, WiseOne® Insights aims to improve financial wellness across the nation, while striving to close the racial wealth gap.
Some of the features of WiseOne® Insights include reminders of due dates for bill payments, notifications when additional money is accessible for savings, and personalized debt payoff strategies designed to educate consumers on how to build generational wealth.
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