Bud

🤔💭 Did you know that a staggering 61% of bank customers desire personalized recommendations, while 62% would switch financial institutions if they felt they were being treated impersonally? This means that – whether you’re building internal tools for your marketing departments to manage campaigns, or chatbots and virtual assists for in-app experience – customer context simply cannot be considered an optional extra. Get in touch to find out how we can help you exceed the evolving expectations of your customers, paving the way for a smarter, more personalized banking experience.

🇺🇸 Driving growth in #communitybanks – curious? Join our webinar, hosted by Corey Horr in association with Independent Banker, to discover how leveraging transactional data can improve customer financial health and lead to increased bank deposits and a more qualified customer base. 🎧 Wednesday July 31 – 11:00 AM CDT / 5:00 PM Europe/London

Transforming transactional data into genuine insights requires enriching them with information that provides context, allows for an instant understanding of the transaction and unlocks a variety of use cases effectively – from superior user experiences to advanced risk analytics. Keep reading to find out how location detection can provide additional customer context to financial institutions - and how you can reap the benefits ⬇️

💳 Through market-leading categorization and core enrichment capabilities, Bud’s data intelligence solutions empower financial institutions around the globe with the data-driven insights they need to succeed. View our on-demand webinar hosted by Product Manager Thomas Purton, covering customer-centric money management features and engagement through enrichment to rich personalization capabilities and truly targeted messaging. It's jam-packed with value you won’t want to miss ➡️ https://hubs.la/Q02G9kT20

With Bud's Assess solution, Moneyboat are empowered with an accurate, data-driven view into their customer's financial situation. By leveraging real-time transactional data, we're able to provide a clear and concise breakdown of a customer's spending and accelerate application processing times. Read the case study ⬇️

🤔💭 Did you know... Banks everywhere are progressing from talking about AI to spinning up action plans. But did you know that a staggering 70% of CIOs in the banking sector view generative AI as a ‘game-changing technology’? What's more, this enthusiasm is reflected in adoption plans; in fact, 55% of CEOs are aiming to deploy generative AI within the next two years.

AI in financial services was *the* big topic at this year's Banking Transformation Summit 🧠🤖 From George Dunning moderating a panel discussion around the innovator's dilemma, to Jakub Piotrowski demo-ing our powerful AI solutions, and Jenny Mashford's masterclass roundtable on democratising data, the event was definitely one to remember. Most of all though, we really enjoyed meeting lots of people in different roles, and hearing about their roadmaps and challenges. Check out the highlights from the event below! ⬇️ 🎬 Thanks for the contributions Paul Mullins and Richard Berkley!

Last Thursday, we hosted an enlightening Supper Club in partnership with Bud with industry leaders across Financial Services, Fintech and Retail to discuss the impact of AI in unlocking the business value of transactional and customer data. Mark Davison and Adil Azim have distilled some key takeaways from the evening: 1️⃣ AI won’t fix a flawed business model. It's about strategic integration that drives revenue, not just cost-cutting. 2️⃣ It's not just about the tech. Success demands leadership education, new skill sets, and a fresh approach to scaling AI initiatives. 3️⃣ Think big, but start small. The "ambition gap" is real. Organisations must find ways to engage employees and empower teams to embrace AI in their daily work, while simultaneously setting an inspiring vision. 4️⃣ Humans aren't going anywhere. AI will augment rather than replace human intelligence The challenge? Fostering curiosity and leveraging AI within regulatory and ethical boundaries. 5️⃣ Customers are catching on. Customers are savvier than ever about their data. Businesses must balance data value, trust, and compliance while delivering real benefits. As AI reshapes business landscapes, are we ready to adapt now, or are we still caught in the hype? What's your take on AI's role in your industry?  #AIStrategy #CustomerData  #DataValueExchange #LeadershipInAI

Throwback to our very first #VerticalAISummit in New York earlier this month! We had a great time learning about pioneering technologies and listening to enlightening panel discussions. Thank you to everyone who attended across across the finance, retail, and healthcare industries! Missed out (or just want to relive the day)? Check out the highlights below ⬇️ See you next time, New York!🗽 Edward Maslaveckas John Froese Davor Bonaci Adrian Nicholas Radu Guru Sundar Holly Peck Jameson L. Jyothsna Padmakumar Bindu Kylo Freeman Matthew Adam Smith Melinda Han Williams Sheraz Bhatti Snehal Waghulde Stephen Feline Pablo Curello David Hsiang DataStax Google Cloud London & Partners NYC Fintech Women Lightspeed hifo Manifesto Growth Architects

🤔 Thinking about using ChatGPT to enrich your customer transaction data? Think again... Jakub Piotrowski, VP of Product at Bud, explains why a specialized enrichment LLM combined with a market database outperforms a generic LLM in his newest blog for Finextra ⬇️ https://lnkd.in/eaNS6_h4