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Revolut launches a division to boost smart banking

Revolut has created a new specialised analytics division integrated into the Artificial Intelligence (AI) Department to lead the development of next-generation machine learning architectures for the financial sector on a global scale.

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Revolut launches a division to boost smart banking

Revolut has launched a new division, Revolut Research, focused on integrated analysis within its Artificial Intelligence (AI) Department. This division aims to develop cutting-edge machine learning architectures for the global financial sector. Revolut Research collaborates with academic and technological institutions to drive the development of these architectures.

The neobank's AI lead, Pavel Nesterov, emphasizes the importance of in-house solutions for leading the future of smart banking. Revolut's new model, Pragma, developed with Nvidia, enhances risk evaluation, platform operations, and personalized product recommendations.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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