The platform integrates directly with banks' existing systems via secure APIs to pull live data on fees.

It translates this data into easy-to-understand visualizations that show exactly what customers are charged and why.

Customers can access this platform through their online banking interface to get real-time updates.

Additionally, contextual explanations and predictions based on usage patterns help customers to avoid potential fees and better manage their finances.

This solution demystifies bank fees by offering unprecedented transparency, thus increasing customer trust and satisfaction.

Unlike periodic statements, it provides real-time tracking, and unlike general comparison tools, it offers personalized insights and forecasts based on individual banking behavior.

The integration of this platform requires close collaboration with banking IT departments, but the technical risks are manageable given the maturity of API technology.

Regulatory changes supporting transparency in transactions could facilitate adoption.

The competitive landscape includes finance tech ventures, but few focus specifically on real-time fee transparency combined with personalized insights.