Development of Open-Finance enabled AI Algorithm

随着通货膨胀率达到10.1%的40年高点（2022年9月9日），生活成本危机对许多英国家庭来说是日常现实，数百万人已经面临负担能力问题。60%的英国成年人正在努力支付账单，420万人在过去6个月中有3个月没有偿还账单或信贷。解析：句意：对于那些可以偿还账单的人来说，问题转向了储蓄，其中41%的人没有足够的储蓄来维持一个月没有收入的生活，9%的人根本没有储蓄。_尽管如此，89%的英国成年人从未使用过第三方提供的开放式银行产品来帮助他们管理资金，理由是安全问题、对技术的不熟悉以及缺乏高质量、可用的选择。在使用过第三方储蓄产品的受访者中，83%的人表示，他们的储蓄比自己想象的要多。__Lumio在这里改变这一点。我们相信，无论背景和环境如何，每个人都应该得到同样水平的个性化资金管理。我们的愿景是，在这个世界上，每个人都有经济保障，都能安心地决定自己的未来。我们的使命是成为最个性化的理财应用程序，帮助人们控制和增长他们的资金。_我们已经推出了Lumio应用程序，一个免费的超个性化的金融应用程序，帮助消费者跟踪他们所有的余额，账单和投资，并优化他们的储蓄自动驾驶。自2020年2月推出我们的免费应用程序以来，我们已经拥有34,700名用户和100,000多个连接账户，分析了15亿英镑交易的数据。在过去的12个月里，用户增长了近400%，日使用量增长了216%。在Innovate UK的资助下，我们将开发一种市场领先的机器学习和自然语言处理算法，该算法将为我们的用户应该如何分配他们的资金提供最佳建议，考虑他们的个人情况和目标，如果没有昂贵的财务顾问的帮助，目前是不可能的

_With inflation hitting a 40-year high of 10.1% (09/2022), the cost of living crisis is a daily reality for many UK households, millions of whom are already experiencing affordability issues. 60% of UK adults are struggling to keep up with their bills, and 4.2m have missed a bill or credit repayment in 3 of the past 6 months.__For those that can make bill repayments, the question turns to saving, where 41% don't have enough savings to live for a month without income, and 9% have no savings at all.__In spite of this, 89% of UK adults have never used a third-party-provided Open Banking product to help them manage their money, citing security concerns, unfamiliarity with the technology and a lack of high-quality, available options. Of those who have used a third party savings product, 83% say they saved more than they think they would have on their own.__Lumio is here to change this. We believe everyone deserves the same level of personalised money management, regardless of background and circumstances. Our vision is a world in which everyone has the financial security and peace of mind to decide their future. We are on a mission to become the most personalised finance app for people to control and grow their money.__We have already launched the Lumio app, a free hyper-personalised finance app that helps consumers track all their balances, bills, and investments, and optimise their savings on auto-pilot. Since launching our free app in February 2020, we have reached 34,700 users and 100,000+ connected accounts, analysing data from £1.5BN transactions. Customers are up nearly 400% and daily use up 216% in 12 months.__With Innovate UK funding, we will develop a market-leading machine learning and natural language processing algorithm that will make the optimal recommendation for how our users should allocate their money, accounting for their personal circumstances and goals in a way that is not currently possible without the help of prohibitively expensive financial advisors._