Four years ago Nubank had 65M customers, earned $8 per active customer a month, and lost money. Today: 139M customers. $17 per customer. Quarterly revenue went from $1.2bn to $5.9bn. Net Income reached $1.1 billion for the first time in […]
Four years ago Nubank had 65M customers, earned $8 per active customer a month, and lost money. Today: 139M customers. $17 per customer. Quarterly revenue went from $1.2bn to $5.9bn. Net Income reached $1.1 billion for the first time in […]
“The partnership is the first between Mistral and a leading Dutch bank” – according to the press release. “Through its partnership with Mistral, Europe’s fastest-growing Frontier AI lab, ABN AMRO gains access to frontier AI capabilities developed and governed in […]
Over the next 3 years, Rabobank will invest up to EUR 2 billion in strengthening its Data & IT foundation, enhancing customer experience and scaling Artificial Intelligence (AI). “Artificial Intelligence (AI), data and other new technologies will further transform the […]
Users receive personalized analysis and insights into their financial situation directly within the AI platforms they already use. Over time, they will also be able to take actions from those platforms, supporting the bank’s vision of evolving from a standalone […]
Artificial intelligence is no longer a future-facing conversation for banks and credit unions. It is already influencing how financial institutions think about efficiency, employee productivity, customer experience, risk, and growth. But while the interest in AI is clear, the path […]
After training more than 50,000 employees in data, BBVA is now busy developing a new program, this time alongside the University of Navarra and focused on the use of tools such as ChatGPT. „The aim is to boost productivity by […]
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