AI Usage Policy
"AI-powered" is on every app store listing these days, usually with no explanation of what it actually means. Here is ours, in plain language.
1. Where AI runs in Spenzaa
- Transaction categorization: a machine-learning model reads the merchant name, amount and timing of each transaction and assigns a category. Current accuracy is about 96%.
- Budgets and forecasts: statistical models project your end-of-month position from your spending velocity and history.
- Subscription detection: pattern matching finds recurring charges and price changes.
- SpenzaBook reminder timing: a model suggests when a payment reminder is most likely to get a response, based on that contact's past response pattern within your ledger only.
- Weekly digest: a language model turns your numbers into a short plain-English summary.
2. What data the AI sees — and doesn't
Models operate on your transaction data (amounts, merchants, dates, categories) and, for SpenzaBook, on the entry history of each ledger. They do not read your phone contacts beyond the names you attach to ledgers, do not access your photos except bills you explicitly attach, and do not see other users' individual data when generating your insights.
3. How models are trained
We improve our models using aggregated and de-identified data — patterns like "transactions at merchants of this type are usually groceries," never "Mukesh bought X." Your identifiable financial data is not used to train models that serve other users, and is never shared with third-party AI companies for their training.
4. Humans stay in the loop
- Every AI categorization can be corrected with one tap, and your correction wins — permanently, for that merchant.
- No reminder is ever sent without your action or a schedule you explicitly turned on. The AI suggests timing; you decide.
- AI outputs never make decisions with legal or financial effect on you. Spenzaa does not do credit scoring for lenders, and SpenzaBook's internal "reliability" indicators are visible only to you and are not shared with any bureau or third party.
5. Known limitations
AI models make mistakes: miscategorized transactions, forecasts thrown off by unusual months, digests that occasionally phrase something oddly. Treat every output as a helpful draft, not a verdict. See our Disclaimer for the full picture.
6. Your controls
- Turn off AI reminder suggestions per contact or globally (Settings → SpenzaBook → Reminders)
- Opt out of de-identified data being used for model improvement (Settings → Privacy)
- Delete your data at any time — deletion includes removal from future training sets
7. Questions
We're genuinely happy to explain any of this in more depth: help@spenzaa.com.