AI and Machine Learning for Spending, Saving, and Account Balance Trends

Jeff76
Jeff76 Quicken Windows Subscription Member ✭✭✭✭
edited September 7 in Product Enhancements

I noted that Quicken is using AI and machine learning to improve the automatic categorization of downloaded transactions. Any thought to use it for trend analysis, such as spending, saving, account balance patterns over time?

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  • MannyC
    MannyC Quicken Windows Subscription Member ✭✭

    I don't believe Quicken is using AI and ML for categorization. It's simply a rules engine. It uses basic logic such as "if merchant name is "Safeway" then assign "groceries" as the category. It's also looking at assignments from past transactions to determine the best category to assign. This also is not AI

    But, you are correct, Quicken does need to use AI. It could be a lot smarter in assigning categories and with many other tasks if it used AI

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