Metro Bank Launches New Game-Changing Digital Insights Tool for Businesses

Metro Bank has announced the launch of'Business Insights' – its artificial intelligence-led, in-app account insights tool for business customers. By generating smart tips and alerts for customers who opt-in to the service, Business Insights will enable businesses to make more data-driven decisions and help them manage their cash flow and forthcoming payment obligations better. Insights include end-of-month cash flow analysis, notifications when latest payments to service providers are higher or lower than normal, and notifications about upcoming scheduled payments. Just the sort of helpful insights SMEs need to better manage their business. The development comes as part of Metro Bank's efforts to inject much needed competition into the small business banking market following the £120 million funding it was awarded from the Capability & Innovation Fund.