July Bud update | What's new with Bud?

Time for another Bud Update! In this month’s newsletter:

• Blog: Enriching transaction data using location detection
• Webinar: Community banks webinar
• Event: Meet us at Fintech Devcon
• Award: Bud is recognized in the fourth annual AI Fintech 100 report
• Updates: What’s new in our Drive and Engage products?
• Press: Don’t be tempted to use a generic LLM to enrich customer transaction data

Blog: How Bud's location detection can provide additional customer context to financial institutions

Find out about location detection, a really useful form of transaction enrichment which can be used to improve UX, reduce dispute volumes, identify fraud and more.

Dive into the blog >>

Webinar: Driving growth in community banks, Wednesday July 31

Join us for a live webinar, in association with Independent Banker, to explore how leveraging transactional data can improve customer financial health and lead to increased bank deposits and a more qualified customer base.

Register >>

Event: Meet us at Fintech Devcon

We’re back in Austin for Fintech Devcon this August 7, 8 and 9. Meet the team at our booth and look out for Michael Cullum, our VP of Engineering and Data, delivering a ‘roadblock talk’: A due diligence guide for product and engineering teams (1pm, Wednesday August 7, Manchester F).

Meet Team Bud >>

ICYMI: Bud recognized by AIFintech100 as one of the world's 100 most innovative AI solutions

In case you missed it, Bud has been hailed as one of the world’s 100 most innovative AI solutions for financial services by FinTech Global in their AIFintech100 2024 report. 

Learn more >>

Drive product updates

With some exciting new updates to our Drive product this past month, our teams been hard at work.

• Enhanced customer segments: We've introduced new types of customer segments: fixed and flexible. This update allows you to continuously monitor a specific group of customers or dynamically observe changes in customer behavior, such as tracking high earners. This flexibility enhances your ability to adapt and respond to customer trends effectively. 

• Speed improvements: We’ve made significant advancements in processing speed within Drive. Handling vast amounts of data quickly and accurately is crucial, and with these improvements, you’ll experience faster access to insights. 

Discover Drive >>

Engage product updates

We’ve also added an exciting new update to our Engage product!

• Merchant corrections: Now your customers can update merchants for their transactions directly. These updates are fed back into our models helping your customers’ future transactions to be enriched even more accurately. 

Discover Engage >>

Bud in the press

Hear from Jakub Piotrowski, Bud’s VP of Product, in his FinExtra blog: Why using a generic LLM for enrichment simply doesn’t work.

To find out more about Bud, please get in touch or visit our website.