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Perplexity AIBanking & fintech

Perplexity for banks & fintech

US AI search engine that delivers answers with source citations via its own Sonar models and external frontier models, with separate Enterprise agreements on data use.

Recommended for banking & fintech

Perplexity is strong in answers with source citations based on live web information and access to several frontier models within one subscription; that suits identifying and verifying customers during onboarding (KYC/KYB, document checks, liveness).

GDPR profileOur summary of what the provider itself publishes about your data: EU hosting possible, no training on your data for business use, and self-hosting available. Caution applies to a model with a documented problem, such as an investigation by a regulator. How we measure
GDPR: Unknown
QualityQuality from blind duels on LMArena: users choose between two anonymous answers. A difference of about 20 points is noticeable, a few points is noise. How we measure
–Elo, independent
Editorial scoreOur own assessment on 10 of suitability for professional work, price and privacy. This is a judgement, not a measurement; that is why it always sits alongside the Elo. How we measure
8,0
Entry price
Free
Full GDPR check

What Perplexity does in banking & fintech

Core tasks in banking & fintech
  • Identify and verify customers during onboarding (KYC/KYB, document checks, liveness)
  • Monitor transactions for money laundering and terrorist financing and reduce false alerts
  • Screen customers and payments against sanctions lists, PEPs and adverse media
  • Detect fraud, scams and account takeover in real time and investigate alerts
Where Perplexity is strong
  • Answers with source citations based on live web information
  • Access to multiple frontier models within one subscription
  • Deep Research and Labs for in-depth reports
  • Enterprise: SOC 2 Type II, no training on business data

Perplexity's maker publishes little about data protection. Ask about this before you put confidential banking & fintech data into it.

Confidentiality and GDPR

GDPR: Unknown

You process identity documents, biometrics and transaction data: choose providers with EU data location, ISO 27001 and a data processing agreement, and ask whether customer data is used to train the provider's models. Outsourcing critical processes falls under the DORA and EBA rules, so secure exit and audit rights in writing. Creditworthiness assessment of natural persons is a high-risk application under the EU AI Act. For transaction monitoring, the supervisor expects you to explain why an alert is or isn't triggered, a human to decide on a report to the FIU, and that you test the model for unequal treatment of customer groups.

Enterprise plans and the Sonar API are not trained on customer data (SOC 2 Type II; API with zero data retention). For consumer accounts, data use for model improvement can be switched off in the settings.

Rule of thumb Use the business variant with a data processing agreement, and keep a human in the loop for decisions that matter.

Prices

FreeFreeBasic searches with a limited number of Pro searches
Pro$20 / month$200 per year; Deep Research and model choice
Max$200 / month$2,000 per year; maximum capacity and storage
Enterprise Pro$40 / seat / monthSSO, management and data agreements; Enterprise Max $325 per seat

Other models for banking & fintech

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All options for banking & fintech
Professional tools on Perplexity

We know of no professional tool for banking & fintech that runs publicly on Perplexity.

Questions about Perplexity for banking & fintech

Is Perplexity suitable for banking & fintech?
Yes. Perplexity is strong in answers with source citations based on live web information and access to several frontier models within one subscription, which fits banking & fintech well. Always assess the specific task and keep a professional in the loop.
May I put confidential data into Perplexity?
You process identity documents, biometric data and transaction records: choose providers with EU data location, ISO 27001 and a data processing agreement, and ask whether client data is used to train the provider's models. Outsourcing critical processes falls under the DORA and EBA rules, so set out exit and audit rights in writing. Creditworthiness assessment of natural persons is a high-risk application under the EU AI Act. For transaction monitoring, the supervisor expects you to explain why an alert is or isn't triggered, to have a human decide on a report to the FIU, and to test the model for unequal treatment of groups of customers. Enterprise plans and the Sonar API are not trained on customer data (SOC 2 Type II; API with zero data retention). For consumer accounts, data use for model improvement can be switched off in the settings.
What does Perplexity cost?
There is Free (Free), Pro ($20 / month), Max ($200 / month), Enterprise Pro ($40 / seat / month). Check current prices on the official site.
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