| Staff Reporter, Singapore

Standard Chartered floats new personal finance management tool

Clients can customise budgets and be notified if expenses get close to limit.

Standard Chartered Singapore has launched a new personal financial management tool on its mobile and online banking platforms, a statement read.

With the new SC Money Manager, clients will be allowed to oversee, track and manage their finances at their fingertips. They will be able to customise and manage monthly budgets, with automated alerts via in-app alerts being triggered when expenditure gets close to its pre-set limit.

The tool also grants the tracking of income and spending over a 90-day period, identifying unclear transactions, and insights from a comparison of spend for various categories.

This enhancement weaves together previously siloed data points to generate personalised progress-tracking dashboards.

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