AI Strategy Banking: Revolut’s Unified Model Innovation
The post AI Strategy Banking: Revolut’s Unified Model Innovation appeared on BitcoinEthereumNews.com. Revolut has built something that most banks are still sketching on whiteboards. The fintech giant’s proprietary AI foundation model, PRAGMA, doesn’t just automate isolated tasks — it understands the full arc of a customer’s financial life, from their morning coffee transaction to their investment portfolio, and uses that unified picture to make smarter decisions across every function simultaneously. That’s a fundamentally different approach to AI strategy in banking, and the numbers behind it are hard to ignore. Key takeaways PRAGMA is Revolut’s proprietary AI foundation model, trained on 40 billion events and interactions with 25 million users, now serving over 70 million customers. The model improved fraud detection by 64.7%, credit risk prediction by 16%, and product recommendations by 41%. Powered by 200 NVIDIA H100 GPUs, PRAGMA runs as a single shared model where gains in one func