MUMBAI, India, Feb. 13 -- Intellectual Property India has published a patent application (202541124092 A) filed by Nandha Engineering College, Erode, Tamil Nadu, on Dec. 9, 2025, for 'ai-based fintech tool.'
Inventor(s) include Sathish P; Harish N; Suresh S; and Vedhasree P.
The application for the patent was published on Feb. 13, under issue no. 07/2026.
According to the abstract released by the Intellectual Property India: "The AI-Based Fin Tech Tool is an intelligent financial management system designed to help users track, understand, and improve their financial activities using artificial intelligence. The tool automatically reads bank SMS alerts, UPl messages, invoices, and statements using NLP and OCR, converting them into structured financial data without manual entry. Machine learning models analyze the user's spending behavior, categorize transactions, and generate meaningful insights about expenses, budgets, and savings patterns. The system uses predictive algorithms to forecast upcoming expenses, monthly budgets, bill payments, and savings potential, enabling users to plan their finances more effectively. An Al-powered anomaly detection module monitors transactions to identify suspicious activities, duplicate payments, and sudden spending spikes, ensuring financial safety and preventing fraud. A personalized financial advisory engine recommends budgets, savings strategies, investment ideas, and credit management tips based on the user's financial habits and goals."
Disclaimer: Curated by HT Syndication.
