AI and receipt data
Renvest uses AI for household questions and receipt extraction. These features must stay scoped, reviewable, and clear about uncertainty so users understand what changed in the plan.
How Renvest uses AI
Each card below names a feature, where you see it, what data may be shared with an AI provider, and how far along it is, without exposing household data.
Capabilities
11
AI-related features described below
Kinds of data shared
5
Features that send something to an AI provider, each named here
Still maturing
11
Still being tested before we rely on them more
Category memory quality
For household-approved category memory rules, Renvest can measure later correction events. These signals support review and do not silently change historical financial facts. Public trust materials describe the signal shape so users and reviewers can see how drift is monitored without seeing private household labels.
Source-family trend
The monitor can show which source families appear among corrections to household-approved category memory rules, including counterparty history, provider category, descriptor keyword, AI suggestion, user-confirmed, learned-rule, and unknown.
Anonymous counterparty buckets
Repeated correction pressure is grouped into anonymous buckets such as numbered groups instead of a merchant name, so reviewers can spot repeated drift without seeing the counterparty label.
Public privacy boundary
The trust page explains the signal shape only. It does not read household rows, merchant names, counterparty labels, transaction IDs, rule IDs, prompts, provider payloads, or household values.
Sensitive details such as account numbers are left out or trimmed before anything is shared with the AI provider.
Where you will find it
Ask Renvest, the voice assistant and this page
What is shared with an AI provider
A short summary of your household, with sensitive details left out
Where it stands
Partly available. Some parts of the experience are not connected yet.
You see what Renvest needs next instead of hunting through long forms.
Where you will find it
Ask Renvest, the iOS app and your Weekly Living Brief
What is shared with an AI provider
Nothing. This never goes to an AI provider
Where it stands
Partly available. Some parts of the experience are not connected yet.
When you correct something, Renvest remembers it as a note you can review, not as a hidden guess.
Where you will find it
Behind the scenes, in Ask Renvest and your plan
What is shared with an AI provider
Nothing. This never goes to an AI provider
Where it stands
Partly available. Some parts of the experience are not connected yet.
You can ask plain-English questions, and Renvest tells you when it lacks a fact instead of making one up.
Where you will find it
Ask Renvest and the voice assistant
What is shared with an AI provider
A short summary of your household, with sensitive details left out
Where it stands
Available now, with results you can review before relying on them.
If answers start getting less reliable, we find out and fix it before it affects you. No household data is shown to us for this.
Where you will find it
Behind the scenes. Our team checks this before each update
What is shared with an AI provider
Nothing. This never goes to an AI provider
Where it stands
Available now, with results you can review before relying on them.
Budgets, reserves and what is safe to spend are calculated with set formulas first, so answers do not depend on an AI provider.
Where you will find it
Dashboard, Cash Flow, Budget, Debt Freedom and Goals pages
What is shared with an AI provider
Nothing. This never goes to an AI provider
Where it stands
Available now, with results you can review before relying on them.
Voice/realtime intake is deferred from the current public product.
Current availability
Deferred from the current public product.
If voice is turned on later: what is shared
If voice is explicitly enabled in a future or separately configured environment, your voice plus a short household summary may be processed during the active session.
Where it stands
Deferred. It is not part of the current public product.
You spend less time fixing the same merchants because Renvest remembers what you chose.
Where you will find it
Transactions, Budget, Ask Renvest, Cash Flow, Goals, Planning, Debt Freedom and your weekly brief
What is shared with an AI provider
Merchant and amount details, with personal identifiers removed
Where it stands
Partly available. Some parts of the experience are not connected yet.
You see what money is safe to use after upcoming bills and your cushion.
Where you will find it
Cash Flow, Dashboard and Ask Renvest
What is shared with an AI provider
Nothing. This never goes to an AI provider
Where it stands
Partly available. Some parts of the experience are not connected yet.
Suggestions protect your cash cushion and wait for your approval.
Where you will find it
Autopilot, Debt Freedom and your approval list
What is shared with an AI provider
Nothing. This never goes to an AI provider
Where it stands
Partly available. Some parts of the experience are not connected yet.
Your budget reflects what you actually bought, not only the bank's short description, and you can review every item.
Where you will find it
Receipts, Budget and Ask Renvest
What is shared with an AI provider
The receipt or statement file you upload
Where it stands
Available now, with results you can review before relying on them.
When a signed-in user asks Renvest a typed question, the assistant receives a minimized household snapshot and a redacted user prompt. Voice/realtime intake is deferred from the current public product. If voice is explicitly enabled in a future or separately configured environment, live microphone audio and a minimized household snapshot may be sent to the AI provider during that active session. The snapshot keeps useful planning context such as budgets, cash flow, debt, goals, account summaries, confidence labels, and review queues, while excluding raw account numbers, routing numbers, SSNs, EINs, member emails, invite emails, internal record IDs, and excessive transaction detail.
Receipt extraction can send receipt image or PDF bytes to the AI provider, and PDFs may also include extracted receipt text context. Renvest uses that input to extract merchant, date, total, taxes, payment hints, and line items. Extracted items remain reviewable because a receipt can be cropped, wrinkled, blurry, duplicated, or partially unreadable.
Receipt item categorization can send the merchant name and line-item candidates such as item text, SKU, parser category, amount, and allowed budget category IDs. Transaction categorization can send merchant, description, amount, direction, posted date, and allowed category names. These prompts are for suggested categorization only and should be reviewed before being treated as household truth.
Debt statement extraction can send user-uploaded liability statement image or PDF bytes plus the debt context Renvest already has, such as balance, missing fields, and a sanitized account name or subtitle. The model is instructed to extract only values visible on the statement and to mark uncertain fields for review.
When a receipt has item-level categories, Renvest should roll those items into the actual budget categories they belong to. The receipt-level multi-category label is a status, not a spending category.
Standard assistant messages are pruned by the retention processor after the configured retention window, defaulting to 90 days. Pinned assistant conversations can remain available for review while the household account is active, and account deletion removes the associated household AI records on the selected deletion schedule.
Product analytics should not include raw balances, transaction names, receipt images, account numbers, child names, provider tokens, emails, or card numbers. Funnel events should describe product actions, not sensitive household data.
Review boundaries
AI output is not financial, legal, tax, investment, insurance, or estate advice.
AI output is suggestive and reviewable, not financial truth.
AI extraction and categorization can be wrong; users should review low-confidence receipt items, transaction categories, and statement fields before relying on them.
Renvest does not authorize AI subprocessors to train models on Renvest API traffic.
Renvest should label missing fields, estimates, and assumptions before plan recommendations depend on them.