bunq first bank in Europe to leverage AI in Open Banking with Mastercard

bunq first bank in Europe to leverage AI in Open Banking with Mastercard
bunq first bank in Europe to leverage AI in Open Banking with Mastercard

Hey FinTech Fanatic!

bunq has partnered with Mastercard to offer its 12.5 million users across Europe a complete overview of their finances. bunq is the first bank in Europe to leverage AI in Open Banking with Mastercard.

This is achieved by leveraging Mastercard’s Open Banking platform, which allows users to add accounts from any bank to their bunq app.

With this integration, bunq users can now get spending insights from all their bank accounts directly within the bunq app, enabling them to budget more effectively and plan ahead.

Further enhancing the user experience, bunq’s AI money assistant, Finn, will enrich these insights with transaction data from multiple banks.

For instance, users can ask Finn for a complete overview of their travel expenses in the last year, and it will retrieve travel-related transactions from both bunq and any external banks.

In that way, bunq becomes the first bank in Europe to leverage AI in open banking.

Cheers,

Marcel


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🇳🇱 bunq has partnered with Mastercard to offer its 12.5 million users across Europe a comprehensive overview of their finances. Bunq is the first bank in Europe to leverage AI in Open Banking with Mastercard. Find out more


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