Category: FinTech

The Role of Powerful AI in the Future of Fintech
The advancement of technology and AI has allowed for the expansion of financial services beyond traditional banking. These endeavors have endeavored to clarify monetary services by focusing on precise and limited profit margins within this field. This statement refers to businesses that reach a large audience through multiple distribution channels, including mobile operators, manufacturers of mobile devices, retailers, and online marketplaces.

Data Science and Smart Payments
The infiltration of AI technology is causing significant transformations in various industries, such as finance, healthcare, and science, resulting in a global paradigm shift. Organizations must exercise the same level of caution in handling their data as they do with their finances.

Artificial Intelligence | A Hack for eCommerce Transformation
Artificial intelligence has become a significant factor in e-commerce’s current scenario. This study delves into the possibility of utilizing artificial intelligence (AI) to enhance individualized shopping encounters for customers in the retail sector. The study focuses on how retailers can use artificial intelligence technologies to improve customer gratification, allegiance, and interaction.

AI Bond With FinTech | A New FinTech Emerging
AI in Fintech is a great help & ease for understanding on how the automation can be achieved for automated tasks (yes its true). Machine Learning focuses on predictions, based on known properties learned from the training data using too much statistical inductive reasoning. It’s been said ML works very well as long as past gets repeated in future. Financial chat bots use predictive analytics to push out real-time, informed responses to customers without the need for human intervention.

Quick catchup on Libra, Facebook’s crypto, since its big announcement
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Libra – A blockchain technology-based digital currency under formal concent, staged by the American social media company Facebook. This is yet to come into life and yet at a very basic level. Some experimental code has been released though. The launch is planned to be in 2020.

Digital Wallets and Security – Payments Landscape
If sensitive data is left unprotected, it can result in severe consequences for the service provider’s business, including financial fraud, violations of legal regulations, penalties from the regulators, loss of consumer trust, and identity theft etc. By implementing security measures at the hardware level, a payment processing application can become more resilient to attacks. This effectively secures against malicious attempts prior to reaching the actual application layer.

Fintech Amalgamating Powerful Artificial Intelligence
FinTech is known through the help of AI that, in one way or another how to make money. The application of any computer-enabled algorithm that can be applied against a data set to find a pattern in the data. Because of this, new wild and flashy AI systems that are making FinTech ‘s smart systems smarter and can help them to fly.