"The federal bank of innovations and development" connected service of analytics of personal finance of clients to RBS

On November 10, 2015 the Cashoff company announced implementation in the BID Online RBS system of JSC Banka Innovatsy and Development of functionality "Personal finance" - service of planning and expense control and the income of clients.

Project Tasks

A system helps to accumulate information on accounts, cards, the credits and deposits of clients of Bank of Innovations and Development and other banks, mobile operators and e-wallets. Clients have an opportunity - to control the cash flows, to obtain detailed information on the accounts, to execute long-term planning of income and expenses. Besides, service provides personal recommendations to clients who consider their consumer preferences and show economy in digits.

"Federal bank of innovations and development" (2013)

Supports "Personal finance":

• import of balance, transactions, templates of payments from external banks, e-wallets and mobile operators
• in the automatic mode defines categories and retail chain stores at transactions, considering experience of each user:
• display expenses on categories (purchases, health, services) and retail chain stores (Auchan, Family, Lukoil), considering their regional accessory and a brand:
• control the budget for expenses and income during the selected period
• create the convenient scheduler of savings on desirable purchase for what in a system it is necessary to add the purpose with indication of the amount of the forthcoming purchase and the account from which a part of money will be postponed
• browse recommendations about economy of money through actions and discounts of partner shops taking into account consumer preferences of clients of bank.

Project Results

Dmitry Gorkov, the CEO of Cashoff company, told: "It is only the first stage of start of service in bank with the name, symbolical for us. The next stage we are going to implement functionality of automatic identification of charges, debts, penalties and formation of templates on payment of monthly accounts on the basis of forecasting of payments".

Pavel Novikov, the head Cloud&FinTech of a cluster of information technologies of Skolkovo Foundation, said: "The technologies of the analysis of financial flows developed by our Participant are demanded not only in Russia, but also in foreign markets. The Cashoff company was invited to the Unbound London exhibition in Great Britain adequately to provide Skolkovo and Russia".