TalkBank Buffett is a Virtual consultant

2020

Investment literacy carrying out rates

The smart virtual assistant from TalkBank "Buffett" will carry out an educational program on investment literacy for clients of TalkBank in five messengers – traditional means of communications of virtual neobank. It became known on September 21, 2020. Buffett will tell the financiers taking the first steps in the market of investments about the principles of enhancement of the capital, an insurance safety cushion and risk-free investments.

According to a smart virtual assistant, venture investments in hope for speculative profit (high risks and high income), bank deposits (low income belong to the main types of investment at minimum risks), the investments in business (the risk and profit depend on business type) and also creation of personal assets upon purchase of a residential or commercial real estate for its delivery in lease.

In Russia for September, 2020 more than 30% of all investors prefer to invest in personal assets on the basis of the real estate, venture investments remain destiny of 2-3% having the capital which can be risked without serious consequences the investments in business are popular among entrepreneurs (about 15%), and the guaranteed profitability from bank deposits remains for most of the Russians thinking first of all of saving the income, having protected them from inflation.

Warren Buffett complains that he a crown crisis significantly affected an appearance of the investment market. So, the investors who decided to create personal assets on the basis of real estate lease lost much. This segment the last half a year was unprofitable. Games on growth of currency rate also yielded losses to much, not expecting decline of ruble 20%.

Communication of a virtual assistant with users will be performed traditionally for TalkBank in one of five messengers.

The smart virtual assistant will help the beginning investors within the free educational online platform on training of the population of financial literacy and bases of the investment activities created by TalkBank in cooperation with Logos Freedom.

Start of the online consultant

On April 28, 2020 it became known that virtual bank TalkBank started the online consultant who helps finance to control, put them in order and to study maintaining the budget. The virtual consultant of personal finance Buffett answers questions and makes recommendations in messengers VK Telegram Facebook, WhatsApp and Viber.

Buffett is a financial assistant on the basis of artificial intelligence. The virtual robot is capable to analyze the specific user and to select for it convenient methods of management of personal means. The chat-bot Buffett – really smart, it can:

• Control and optimize expenses;
• Help to dispose of personal finance;
• Analyze all costs;
• Plan the budget and help to save for the purposes;
• Messages the budget at gas stations and service station;
• Help with a design of an insurance for travel;
• Provide up-to-date information at the rate of currencies;
• Manage debts.

This service of TalkBank neobank will help to put finance in order and to understand income and expenses. The robot consultant helps to keep the budget and at the same time continuously studies: developers develop Buffett, adding more and more functions.