To make the interpretation of all financial data easier for app users, Grassfeld Intelligence has been in development for years. The AI tool can now answer questions in plain language based on an individual's own finances
Extra layer
All information used by the AI tool is information that was already known within the app, says Remko Brenters, Chief Technology Officer at Grassfeld. In effect, we have added an extra layer that can interpret the information. A layer that allows you to engage in conversation with the system, as most people are now accustomed to through services like ChatGPT.
The conversations users have with Grassfeld Intelligence are not visible to anyone else. The system has strict boundaries, ensuring users only see their own data, cannot give prohibited commands to the AI tool, and, for example, cannot receive tax or investment advice.
Secured like a bank
“And because you can link your accounts to the app, our security has always been at the same level as that of banks,” says Grassfeld founder Mo Radjab. “Furthermore, in 2024, we were one of the first parties to implement an AI policy, and we have renowned cyber partners who help us prevent hacks.”
Crucial to note: money can never be debited from your bank account via Grassfeld. Your financial information is visible in the app, but no transactions take place.
Questions about personal financial situations
A key difference from services like ChatGPT is that Grassfeld Intelligence uses personal financial data. As a result, it doesn't stop at general information about money matters but can answer specific, personal questions.
Think of questions like, Do I have enough budget to buy new shoes now? How much have I spent on dining out this month? How wise is it for me to buy a new car for 45,000 euros, considering costs such as insurance, road tax, and maintenance?
Standard feature
Grassfeld Intelligence is a standard feature in the Grassfeld app. No additional costs are charged, and the feature is available for all subscription plans. Download the Grassfeld app now and discover for yourself how Grassfeld Intelligence works.
