AI Transparency
Understanding how artificial intelligence works in Nova Net Worth
Last updated: November 20, 2025 • Version 1.0
Understanding how artificial intelligence works in Nova Net Worth
Last updated: November 20, 2025 • Version 1.0
At Nova Net Worth, we use artificial intelligence (AI) and machine learning (ML) to help you make better financial decisions. We believe you have a right to understand how AI affects your experience, and we're committed to being transparent about our technology.
This page explains what AI we use, how it works, and how you can control it.
TL;DR: We use AI to help you make better financial decisions. Your data is never sold or used to train external models. You control all AI features.
What it does: Predicts your future spending in each category based on your historical patterns.
Technology: LSTM Neural Network (Deep Learning)
Accuracy: 87% accurate on average
How it helps: Helps you plan budgets and avoid overspending
Your control: You can override any prediction manually
What it does: Identifies unusual transactions that might indicate fraud or errors.
Technology: Statistical analysis + behavioral profiling
Accuracy: 92% detection rate, 3% false positives
How it helps: Protects you from unauthorized transactions
Your control: You can mark false alarms, improving accuracy
What it does: Suggests ways to save money, reduce debt, and reach your goals faster.
Technology: Rule-based AI + personalization engine
Effectiveness: Average $2,400/year in identified savings
How it helps: Provides actionable financial advice
Your control: All recommendations are optional—you decide
What it does: Answers your financial questions using natural language.
Technology: OpenAI GPT-4 + your financial data
Privacy: Your data is never used to train external models
How it helps: Provides personalized financial guidance 24/7
Your control: You can disable Charlie anytime in settings
You can see why AI made a specific prediction or recommendation.
You can manually adjust or ignore any AI prediction.
You can disable AI features individually or entirely.
You can report errors, improving the AI for everyone.
Deleting your account removes all your AI data.
You can escalate AI decisions to our team.
To exercise these rights: Visit Settings → AI Preferences
AI models are trained on YOUR data only—not shared with other users. We never sell your data.
We don't use names, SSNs, or account numbers in AI training—only transaction patterns.
For some features (Charlie AI, receipt scanning), we use OpenAI's services:
All AI data is encrypted at rest and in transit. Access is logged and audited.
We believe in honest communication about AI capabilities and limitations:
AI is not perfect: Our spending forecasts are 87% accurate—meaning 13% of predictions may be off.
Cannot predict life changes: AI doesn't know about upcoming job changes, pregnancies, or major purchases unless you tell it.
Requires data: AI needs 3-12 months of transaction history to work well. New users see statistical estimates instead.
Not financial advice: AI recommendations are educational, not professional financial advice. Consult a certified advisor for personalized guidance.
Our AI systems comply with international regulations:
For regulators: Full technical documentation available upon request at compliance@novanetworth.com
We're here to help you understand our AI systems. Contact us:
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