Banco Bmg (BVMF:BMGB4) was founded in 1930 and has operated successfully in the Brazilian financial market for the past 94 years. It targets the payroll loan market, focusing on clients over 50, as well as insurance, pensions advances, and personal loans.
According to Flávio Guimarães, “we decided to use AI in order to ensure excellence in the preparation of lawsuit answers that explore evidence sets in their entirety, on a large scale and in a reduced time, working as a tool to support the law firms responsible for representing us in court”.
Consequently, in its earnings release last quarter, Bmg informed investors that it is leveraging AI technology to address and improve its current situation regarding civil liabilities.
At this moment, Enter has teamed with Bmg for two key use cases:
The AI moves on to gather all internal evidence provided by Bmg through integrations built by Enter with three of its core systems. It reviews all files thoroughly — such as customer support calls and hundreds of pages of credit card statements — to uncover winning defense arguments.
Finally, all findings and evidence are merged into a compelling lawsuit answer draft that is reviewed and approved by the Bmg attorney responsible for each lawsuit, ensuring the AI continuously improves from human feedback.
Enter's AI agent has already drafted over 5,000 legal answers for Bmg, and at this moment, the results have been compelling: