AI Assistants: Financial Forecasting & Planning

Written By Shannon Hewlko

Bank and credit union customers struggle to answer forward-looking money questions: Can I make payroll next week if I buy this new fleet vehicle? Can I afford another $900 monthly payment? Answering these means collecting, aggregating, and analyzing data across accounts instead of making decisions. Customers are turning to AI to fill the gap: 55% of consumers now use AI to manage personal finances, over 500% growth in one year. 37% of AI power users have made AI platforms their primary tool for banking and finance.

Benefit

Financial institutions must turn banking data into decisions. When an AI assistant is connected directly to the customer's accounts, it can analyze real cash positions, project balances forward, and run what-if scenarios on demand — modeling a new purchase, a slow receivables month, or an upcoming payroll before the customer commits a dollar. Banks and credit unions that enable this become the trusted foundation for their customers' financial planning, deepening relationships and keeping deposits.

Current State without Paywhere
Today this is managed by manual work, portal logins, statement downloads, and spreadsheets. Or, in the worst case, by feeding exported data into AI tools the institution can't see or control.

Why Paywhere
Paywhere connects the AI assistants customers already use directly to their institution through a secure, bank-branded layer, delivering real-time balances, transactions, and structured data for accurate forecasting, all under the institution's own controls.

Shannon Hewlko

Shannon’s passion for design and the creative process was sparked while working abroad with the talented and inspiring team at Heatherwick Studio - a design architectural practice in London, England. Upon returning to Canada, Shannon embraced her interest and natural talent by studying at the Alberta College of Art and Design, where she graduated with a degree in Visual Communications and a double major in Advertising and Graphic Design.

Through her evolving roles at Trigger, CP Rail, Western Sky Creative and Anstice Communications, Shannon honed her ability to create compelling stories through visual design that not only complement communications’ tactics but elevate a brand’s essence. Shannon’s fun-loving, adventurous approach to her work, coupled with her drive for consistent project execution and cultivating cohesive brands, is unique, motivating and inspiring.

On a personal note, Shannon is an aspiring triathlete and there is no doubt that she passes those long hours biking, swimming and running by dreaming up ideas and developing strategies for her many projects. When she’s not training for her next triathlon, Shannon stays in shape by picking up mad dance skills from her two-year-old niece, Tootie, at their weekly dance off in her sister’s living room.

https://www.hewlko.com
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