Prismm is a platform that allows account holders to grant designated family members access to their accounts and documents in advance, helping banks retain inherited wealth within their institutions rather than losing it to competitors after a customer's death.
Background
Wealth retention is a major challenge for banks, as inherited accounts are often transferred to other institutions after a customer's death. Digital estate planning tools are emerging to address this gap in banking services.
- Source
- TechCrunch
- Published
- Oct 15, 2026 at 12:00 AM
- Score
- 5.0 / 10