Revolut has announced the creation of Revolut Research, a specialized unit within its global AI team focused on developing advanced machine learning architecture. The division will drive the development of PRAGMA, a proprietary foundation model built in collaboration with NVIDIA to analyze complex financial behaviors in real time.
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Key Performance Improvements
Initial testing of PRAGMA on historical data demonstrated significant performance improvements:
- 65% increase in detected fraud cases
- 2.3x higher accuracy in assessing credit default risk
- 17% greater precision in risk alerts
- 41% increase in relevant product recommendations for retail and business clients
Powered by global transaction data across 80+ million customers, Revolut Research will collaborate with top academic and technology partners to build a unified foundation for the company's proprietary AI ecosystem.
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