Artificial Intelligence and Machine Learning are reinventing services in most industries, including financial technology: from core processes to customer-facing presentations. Our GiniMachine AI-based decision-making startup is just one of the examples.
Tech researchers note that in 2019, the use of AI in Fintech was close to $6.7 billion, the figure was expected to grow almost 4-fold. So far, the predictions look realistic.
The use cases of AI and ML vary from cost reduction to fraud detection. Other use cases include Robo-advisors, process optimization, credit scoring, security, and customer service.
These aspects are covered in the new article by HES FinTech, published on ITProPortal, a popular technology news source. Check out the full article.
Check out our blog to learn more about financial services and technologies.