So for responding to 2 main questions. 1. Where do all these AI trends fit into the FinTech & finance industry? 2. How machine learning algorithm will transform financial technology services?
To model the Fintech enterprise, its better use a method rather than make things up on the go. A method guarantees results and increases the productivity, predictability, repeatability and reliability of the business modelling and transformation. What would be part of this method though? It is good to have. Most of the FinTech companies wins on the principal of “The ability to relate to people, to inspire and motivate them is what you must ever work on as a leader”.
Telecom subscribers are getting smarter (so it’s not only the handset which is getting smarter haan!!!), demanding more and more and, at the same time many new players are entering the marketplace. To compete in this environment, operators have to not only maintain but also grow their part of the new value chain to gain loyal customers and adding new blended services which are ridding on their investment/infrastructure made during all those times.
FinTech is booming, redefining financial services and Banking. Artificial Intelligence technologies like neural networks, machine learning, deep learning etc are reinventing FinTech in turns. Banks are struggling to stay in the game and heavily relying on Artificial Intelligence family support.