Financial ServicesPredictive AnalyticsGenerative AIConversational AI
Digital Bank Debunks Financial Fraud With Generative AI
European neobank bunq, with more than 12 million customers and 8 billion euros of deposits, built an automated, AI-powered transaction-monitoring system to detect fraud and money laundering, replacing labor-intensive rules-based systems with supervised and unsupervised learning. Using NVIDIA GPUs, bunq accelerated its data processing pipeline more than 5x and, using the open-source NVIDIA RAPIDS suite of GPU-accelerated data science libraries, trained its fraud-detection model nearly 100x faster, improving model accuracy and reducing false positives. Bunq is also exploring NVIDIA NeMo Retriever, part of NVIDIA NIM inference microservices, to improve the accuracy of Finn, its personal AI assistant powered by a proprietary large language model.
bunq

NVIDIA GPUs · NVIDIA RAPIDS · NVIDIA AI Enterprise +2