News and insights from Bud

What's AI gonna do with your money?

Written by Bud | Aug 16, 2023 10:58:36 AM

As featured in Marketplace:

“We work with banks and fintechs and help them to gain customer insight,” explained Edward Maslaveckas, CEO of Bud, which is using Google’s AI and recently launched in the United States. He said right now, your bank doesn’t know as much about you as you might think.

“I don’t know if you get that thing where you get a letter through the mail and they say ‘Hey, we have a loan for you, a savings product you should look at,’ and you realize this is completely irrelevant to me,” Maslaveckas said. “How do you not understand me as a customer? You hold my money.”