' Hey, Linas here! Every day, I break down 3 stories shaping the future of FinTech & Artificial Intelligence - plus the money movements and trends worth tracking. First time here' 370k+ FinTech and AI leaders get this daily. Join them: Shortly after announcing their phenomenal 2025 financial results, Revolut has published PRAGMA (arXiv: 2604.08649), a family of encoder-style Transformer foundation models pre-trained on banking event sequences from roughly 25 million users across 111 countries. The training corpus spans approximately 40 billion events and 207 billion tokens. What's interesting here is that the architecture replaces the old paradigm of siloed, task-specific models with hand-crafted features: a single shared backbone transfers learned representations across credit scoring, fraud detection, lifetime value prediction, communication engagement, and more. PRAGMA is a structural bet on a specific theory of value creation: that rich, longitudinal behavioral data from a Super...
learn more
