Category: FinTech

AI Role in FinTech

Bringing Artificial intelligence to make FinTech better, demystified and simple. How FinTech intelligence will become better with machine learning. Artificial Intelligence is a field that includes everything that is associated with the data (cleansing, preparation, analysis and many more), Learning processes to describe, diagnose, predict and prescribe with use of AI subfields like Machine Learning, Deep earning and Neural networks. Machine learning is a field of Artificial Intelligence, which is allowed to software applications for making accurate results. 

PaymentIntelligence

PaymentIntelligence – Artificial Intelligence in the Payments Industry

Payment intelligence (PI) System – Can open lot of opportunities to young entrepreneurs and boost economy of the nation. Bringing Artificial intelligence to make FinTech better, demystified and simple. How payment intelligence will become better with machine learning. How ….. To bring people from technical backgrounds, business people who can understand and appreciate the need and concept of Artificial intelligence to create products, services and solutions in financial Technology and banking domain.

AI Changing FinTech Modus Operandi

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.

AI The Epicenter of eCommerce

In our todays online shopping how much is artificial intelligence. How artificial intelligence can help retailers to deliver the highly personalized experiences shoppers desire. Ant colony optimization algorithm (To formulate training feed-forward neural networks with ant colony optimization) to obtain the users’ preference information are widely used in todays ecommerce business for comparison-shopping to solve the problem of the user bias’ filtering and learning. The performance improvements are important to both consumers / buyer and sellers / merchants.

Artificial Intelligence Innovation in FinTech

With advancement in technology, artificial intelligence, organisations outside the banking industry diversified and demystified financial services by targeting small & succinct margins in the space. These were organisations servicing millions of customers through broad distribution channels, be they mobile operators, mobile handset manufactures, retailers or on-line merchants.  Integrating AI applications, such as  IBM Watson and N26 with Siri

Blockchain a Succinct Fintech

Blockchain to transform financial services. Disruptive technologies transform traditional industries.  The future computing will have extraordinary capabilities with expected factoring of a 3,000 digit number (40 power to 10) faster than today

Artificial Intelligence to Amplify FinTech

This is where fintech companies are successfully leveraging AI. FinTech companies with help of AI are finding cheap, easy and swift methods to apply the technology to an existing business problem at the same time many banks are failing to do so.

Machine Learning in Fintech- Demystified

The financial services industry has already implemented machine learning. Numerous fields utilize it, including intricate solutions such as thwarting fraudulent activities, assessing risks, obtaining a deeper knowledge of customers, and enhancing the medical industry, among other applications. The wide-ranging issue of generating intelligence has been subdivided into various components, each of which has become a distinct area of research dedicated to addressing its unique challenges.

ISO-12812 Made MFS Easy for FinTech

ISO-12812 primarily targets the industry in dire need of attention. Possible paraphrases: – There is a need for systems and rules that govern international or global activities. – The international community requires mechanisms and standards to manage and oversee various operations. – From a global perspective, it is important to establish frameworks and policies that control and regulate different aspects. The promotion and assurance of consumers’ protection are being prioritized through the ISO-12812 standards for mobile financial services, including mobile money, payments, banking, etc.

Big Data for FinTech and InsureTech

Automating policy administration, & claims pay out to bring big smile on customer face, improving distribution via marketplaces. The wide variety of data volumes generated by FinTech, InsureTech and MedTech is inspiring for data scientists (I simply love this and would feel very happy to play with it if I ever get access to this), executives, product managers and marketers.

International Remittances Outlook

Migration and remittances represent numbers and facts behind the stories of international migration and remittances. Remittances have an impact across the globe, but growth in Africa has lagged behind other regions. The importance of remittances from the African Diaspora and its problems are very different from those of the rest of the world. African per capita income is now increasing in tandem with other developing countries as African immigrants are highly skilled workers.

Magic Word Pay in Digital Payments

Today’s consumer expects a seamless mobile payment experience; failing to meet those expectations can be devastating to a brand, idea, innovation and eventually the payments industry. The world’s best companies; main from out side of payment / financial domain are rushing (yes rushing) for Digital Transformation for money. Getting inspired by the cutting-edge technologies, innovative products and solutions

Privacy, Innovations and Security in Digital Payments

Against escalating security threats on mobile payments, empowerment of merchants, acquirers, and service providers with new commerce opportunities and experiences in store and protection should

Payments – Innovation & Info-security

infrastructure of the payment solution without having to worry about the currency or country I am in, the amount in my payment instrument, the service provider, the recipient, the time zone, the language, the nature of the transaction, or the payment amount. The consensus among experts is that this factor plays a significant role in the market’s growth over both the short and long term. Incorporating the category of payments made through mobile devices.

Remittances – Game Changer For Economic Development

If just for a minute we can assume every person on this planet has mobile phone, every mobile user has a bank account/wallet, every bank account is created instantly, virally and at no cost, No bank charges exist,