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Proton Unveils Lumo: A New Standard In Privacy-Focused AI

Introducing Lumo: A Privacy-First AI Assistant

Proton, renowned for its commitment to privacy-focused productivity tools, has launched its latest AI innovation, Lumo. This new assistant emphasizes robust user data protection by not logging conversations, employing end-to-end encryption for chat storage, and offering a unique ghost mode that erases conversations upon window closure.

A Versatile and Secure Tool Across Platforms

Lumo is accessible via a web client, as well as Android and iOS applications, without the necessity of an account. Users can upload files for the AI to analyze, and those with a Proton Drive account can seamlessly integrate cloud-stored files into their inquiries. Although Lumo accesses the web for additional context, its current configuration may not always return the latest search results.

Dedicated to Privacy Through Innovative Encryption

In keeping with Proton’s privacy-first ethos, Lumo is built on open-source language models and is hosted on Proton’s European data centers. This strategic decision not only enables higher transparency but also ensures that user queries are not shared with third parties, in stark contrast to several major U.S. and Chinese AI platforms. The assistant employs zero-access encryption, enabling users to securely store conversation histories that are decrypted only on their devices.

European Headquarters: A Competitive Edge In Data Privacy

Proton has leveraged its European base to differentiate Lumo, arguing that regional privacy regulations offer advantages over competitors headquartered in regions with less stringent data protection laws. This positioning underscores Proton’s dedication to user security and transparency in AI development.

Expanding the Horizons Of AI-Powered Communication

This latest release follows Proton’s earlier introduction of an AI-powered writing assistant for its Mail service, further establishing the company’s foothold in the evolving AI tools landscape. As businesses and individuals increasingly demand enhanced data protection, Proton’s Lumo sets a benchmark for balancing innovative functionality with uncompromising privacy standards.

Eurobank Plans €1 Billion Investment In AI And Digital Banking By 2028

Eurobank plans to invest about €1 billion in technology from 2025 through 2028, its largest technology investment program to date. The Banking Forward strategy focuses on digital banking, artificial intelligence, customer experience and a “phygital” model combining digital services with face-to-face support.

Digital Banking Dominates Customer Activity

Digital channels already account for 96% of Eurobank transactions, with 61% completed through the Eurobank Mobile App. Among customers aged 35 and under, digital adoption reaches 94%.

Customers make about 574 million annual logins across e/m-banking and more than 1 million digital transactions each day. During the first half of 2026, one in three banking products was acquired digitally.

AI Moves Into Everyday Banking

Eurobank is expanding the use of AI through tools including EVA, its digital customer assistant, and myEVA, an AI-powered voice assistant for employees. The technology is also being applied to mortgage assessments, customer feedback analysis and contractual documents.

The bank’s technology architecture is built around five areas: digital channels, customer experience orchestration, data and AI, core banking, and infrastructure and cloud. About 50% of its applications and digital channels are already cloud-based.

Investment Extends Beyond Technology

The program is intended to reshape how Eurobank operates, combining automation and AI with employee development and human support. The bank says the approach is designed to improve services while maintaining access to face-to-face banking when customers need it.

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