AI Data Processing Policy

Last Updated: April 24, 2026

This policy explains how MoneyFetch uses artificial intelligence to power FetchAI features, what data is shared with our AI provider, and how you can control this.

1. What is FetchAI?

FetchAI is MoneyFetch's built-in AI assistant. It can:

• Answer questions about your spending patterns and financial health
• Scan and parse receipts from photos
• Create transactions from natural language ("spent 300 RSD at Maxi")
• Provide personalized financial insights based on your transaction history
• Suggest budgets and recurring expense patterns

To deliver these features, FetchAI sends relevant data to our AI provider, Anthropic, PBC.

2. Your Consent Separate from Privacy Policy

AI data processing requires your explicit and separate consent. This is distinct from your acceptance of our Privacy Policy and Terms of Service.

When you first open FetchAI in the app, you will see a clear consent screen explaining what data will be shared. You must actively agree before any of your data is sent to Anthropic.

You can withdraw this consent at any time in App Settings → Privacy → AI Data Processing. Withdrawing consent disables FetchAI features but does not affect the rest of the app.

3. What Data Is Sent to Anthropic

When you use FetchAI features, the following data may be sent to Anthropic for processing:

Feature	Data Sent
FetchAI chat	Your questions, recent transaction history (amounts, categories, merchants), budget information, spending summaries
Receipt scanning	The receipt photo you upload
Financial insights	Aggregated spending patterns, category totals, income and expense summaries
Transaction creation	The text message you send describing a transaction

What is never sent:

• Your name, email address, or contact information
• Your payment card details or bank credentials
• Device identifiers or location data
• Any data unrelated to the specific feature you are using

4. How Anthropic Processes Your Data

• No storage after processing: Anthropic processes your data in real-time to generate responses and does not retain your personal data after the request is complete
• No model training: Your data is not used to train Anthropic's AI models
• Encrypted transmission: All data is transmitted over encrypted TLS connections
• No human review: Your data is processed automatically without human review by Anthropic employees

For full details on Anthropic's data practices, see their privacy policy at anthropic.com/privacy.

5. How We Store AI Conversation Data

MoneyFetch stores your FetchAI conversation history on our own servers (AWS, United States) so you can access it within the app. This includes:

• Your messages and questions
• FetchAI responses
• Timestamp and token usage per message

This data is retained for as long as your account is active. You can clear your conversation history at any time in the app. Upon account deletion, conversation data is permanently deleted within 30 days.

6. Withdrawing Consent

You can withdraw your AI data processing consent at any time:

• In the app: Settings → Privacy → AI Data Processing → Disable
• By email: support@moneyfetch.app

Withdrawing consent will immediately disable FetchAI features. Your existing transaction data and other app features remain unaffected.

7. Changes to This Policy

If we change our AI provider or significantly change how AI data is processed, we will notify you in the app and request your consent again before continuing to use AI features.

8. Contact Us

If you have questions about AI data processing, please contact us:

For our full Privacy Policy, see moneyfetch.app/privacy.