Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. 19).
The Savings Jar component is structured to assist Douugh users with picturing and pursuing their savings goals.
There is a waiting list in the U.S. to join Douugh and the company is targeting the 83.1 million-plus millennials in the country.
“Seventy percent of Americans live paycheck to paycheck and do not have $1,000 in savings. The launch of Savings Jars...