SpringCoin does this, he said, by comparing a client's debts and spending patterns, then recommending a manageable monthly payment to erase the debt.
In a recent speech, Laura Unger, the acting chairwoman of the Securities and Exchange Commission, warned Wall Street firms to resolve the "blatant" conflicts that surrounded the business of bringing shares to the public and then recommending them to investors.
Bonds has acknowledged patronizing Balco, which under Victor Conte, its founder, has specialized in testing athletes' blood to determine the levels of elements like copper, chromium and magnesium and then recommending supplements.
"The committee were charged with coming up with a group of candidates, interviewing them and then recommending a couple of people.
For example, while Mint is focused on tracking your money then recommending associated products and services from its partners, HelloWallet doesn't allow banks to advertise on its service.
Apparently this technique will transfer over into personal finance by analyzing the sets of purchases that consumers make and then recommending how they can make better purchases.
