#Artificial Intelligence in FinTech

[analytics66]

Revolutionizing Finance: Unleashing the Potential of Artificial Intelligence in Fintech

Explore the cutting-edge intersection of finance and technology as we delve into the blog, "Harnessing the Power of AI in Fintech." Discover how artificial intelligence is reshaping the financial landscape, from intelligent algorithms optimizing trading strategies to predictive analytics revolutionizing risk management. Gain insights into the transformative impact of AI on customer experiences, fraud detection, and regulatory compliance. Join us on a journey through the innovative applications of AI in fintech, unraveling the complexities and unlocking unprecedented opportunities for the future of finance.

Link: https://www.sganalytics.com/blog/harnessing-the-power-of-AI-in-fintech/

[protonshubtechnologies01]

The Role of Artificial Intelligence in FinTech: Revolutionizing Customer Experience and Risk Management Discover the transformative power of Artificial Intelligence in FinTech. Explore how AI is revolutionizing financial technology, improving efficiency, enhancing security, and enabling personalized experiences. Stay ahead of the competition with our comprehensive insights on the role of AI in FinTech.

[appdevelopment00]

How AI is impacting & transforming the face of Fintech?

Do you want to revolutionize customer experience and risk management with FinTech? Discover the power of artificial intelligence, which is rapidly boosting the adoption of Fintech. The use of Artificial Intelligence in FinTech is changing how financial institutions run their businesses and improving the efficiency, personalization, and security of their services. Learn the benefits of using AI in FinTech and have a glimpse of the bright future it has to offer to the Industry. So, if you are all set to share your billion-dollar FinTech idea with the audience, get in touch with Protonshub Technologies to avail the best services.

[xettle-technologies]

How AI is Reshaping the Future of Fintech Technology

In the rapidly evolving landscape of financial technology (fintech), the integration of artificial intelligence (AI) is reshaping the future in profound ways. From revolutionizing customer experiences to optimizing operational efficiency, AI is unlocking new opportunities for innovation and growth across the fintech ecosystem. As a pioneer in fintech software development, Xettle Technologies is at the forefront of leveraging AI to drive transformative change and shape the future of finance.

Fintech technology encompasses a wide range of solutions, including digital banking, payment processing, wealth management, and insurance. In each of these areas, AI is playing a pivotal role in driving innovation, enhancing competitiveness, and delivering value to businesses and consumers alike.

One of the key areas where AI is reshaping the future of fintech technology is in customer experiences. Through techniques such as natural language processing (NLP) and machine learning, AI-powered chatbots and virtual assistants are revolutionizing the way customers interact with financial institutions.

Xettle Technologies has pioneered the integration of AI-powered chatbots into its digital banking platforms, providing customers with personalized assistance and support around the clock. These chatbots can understand and respond to natural language queries, provide account information, offer product recommendations, and even execute transactions, all in real-time. By delivering seamless and intuitive experiences, AI-driven chatbots enhance customer satisfaction, increase engagement, and drive loyalty.

Moreover, AI is enabling financial institutions to gain deeper insights into customer behavior, preferences, and needs. Through advanced analytics and predictive modeling, AI algorithms can analyze vast amounts of data to identify patterns, trends, and correlations that were previously invisible to human analysts.

Xettle Technologies' AI-powered analytics platforms leverage machine learning to extract actionable insights from transaction data, social media activity, and other sources. By understanding customer preferences and market dynamics more accurately, businesses can tailor their offerings, refine their marketing strategies, and drive growth in targeted segments.

AI is also transforming the way financial institutions manage risk and detect fraud. Through the use of advanced algorithms and data analytics, AI can analyze transaction patterns, detect anomalies, and identify potential threats in real-time.

Xettle Technologies has developed sophisticated fraud detection systems that leverage AI to monitor transactions, identify suspicious activity, and prevent fraudulent transactions before they occur. By continuously learning from new data and adapting to emerging threats, these AI-powered systems provide businesses with robust security measures and peace of mind.

In addition to enhancing customer experiences and mitigating risks, AI is driving operational efficiency and innovation in fintech software development. Through techniques such as robotic process automation (RPA) and intelligent workflow management, AI-powered systems can automate routine tasks, streamline processes, and accelerate time-to-market for new products and services.

Xettle Technologies has embraced AI-driven automation across its software development lifecycle, from code generation and testing to deployment and maintenance. By automating repetitive tasks and optimizing workflows, Xettle's development teams can focus on innovation and value-added activities, delivering high-quality fintech solutions more efficiently and effectively.

Looking ahead, the integration of AI into fintech technology is expected to accelerate, driven by advancements in machine learning, natural language processing, and computational power. As AI algorithms become more sophisticated and data sources become more diverse, the potential for innovation in  fintech software  is virtually limitless.

For Xettle Technologies, this presents a unique opportunity to continue pushing the boundaries of what is possible in fintech innovation. By investing in research and development, forging strategic partnerships, and staying ahead of emerging trends, Xettle is committed to delivering cutting-edge solutions that empower businesses, drive growth, and shape the future of finance.

In conclusion, AI is reshaping the future of fintech technology in profound and exciting ways. From enhancing customer experiences and mitigating risks to driving operational efficiency and innovation, AI-powered solutions hold immense potential for businesses and consumers alike. As a leader in fintech software development, Xettle Technologies is at the forefront of this transformation, leveraging AI to drive meaningful change and shape the future of finance.

[atmosphericradar]

News outlets and modern discourse should replace the phrase "artificial intelligence" with "algorithmic decision-making".

It's far more accurate to what the software actually is. Demystify your tech-bro experience.

[jcmarchi]

Romanian AI Helps Farmers and Institutions Get Better Access to EU Funds - Technology Org

New Post has been published on https://thedigitalinsider.com/romanian-ai-helps-farmers-and-institutions-get-better-access-to-eu-funds-technology-org/

Romanian AI Helps Farmers and Institutions Get Better Access to EU Funds - Technology Org

A Romanian state agency overseeing rural investments has adopted artificial intelligence to aid farmers in accessing European Union funds.

Gardening based on aquaculture technology. Image credit: sasint via Pixabay, free license

The Agency for Financing Rural Investments (AFIR) revealed that it integrated robots from software automation firm UiPath approximately two years ago. These robots have assumed the arduous task of accessing state databases to gather land registry and judicial records required by farmers, entrepreneurs, and state entities applying for EU funding.

George Chirita, director of AFIR, emphasized the role of AI-driven automation was groundbreaking in expediting the most important organizational processes for farmers, thereby enhancing their efficiency. Since the introduction of these robots, AFIR has managed financing requests totaling 5.32 billion euros ($5.75 billion) from over 50,000 beneficiaries, including farmers, businesses, and local institutions.

The implementation of robots has notably saved AFIR staff approximately 784 days’ worth of document searches. Over the past two decades, AFIR has disbursed funds amounting to 21 billion euros.

Despite Romania’s burgeoning status as a technology hub with a highly skilled workforce, the nation continues to lag behind its European counterparts in offering digital public services to citizens and businesses, and in effectively accessing EU development funds. Eurostat data from 2023 indicated that only 28% of Romanians possessed basic digital skills, significantly below the EU average of 54%. Moreover, Romania’s digital public services scored 45, well below the EU average of 84.

UiPath, the Romanian company valued at $13.3 billion following its public listing on the New York Stock Exchange, also provides automation solutions to agricultural agencies in other countries, including Norway and the United States.

Written by Vytautas Valinskas

[mobiosolutions]

🌟 Navigating the New Wave in Finance Gone are the days of cumbersome, manual processes. Today's finance world is all about being smarter, faster, and more reliable. It's not just about data and numbers; it's about a new way of thinking that prioritizes efficiency, accuracy, and foresight. Join the conversation and discover how these innovative practices are setting new standards in the financial world.

[allabouttechnology09]

Rajat Khare the enthusiastic Fintech Investor

Rajat Khare IIT Delhi Alumni has pursued his dream and Founded Boundary Holding.

Due to its creative ideas, this company has developed ground-breaking one-time-use sterile kits that contain a pedicle screw system and cage for spine surgery, saving hospitals and patients a significant amount of money. Rajat Khare has invested in Scewo Bro, the only electric wheelchair in the world that can drive on two wheels and climb stairs, through his deep-tech investment company. Rajat Khare has also invested in Cerbair, a Technofounders firm with French roots that aims to develop automatic security of crucial infrastructure, including UAV monitoring.

[tntra]

How AI is Transforming Fraud Detection in FinTech

AI is revolutionizing fraud detection in FinTech by enabling real-time monitoring, pattern recognition, and predictive analytics. With machine learning algorithms, AI swiftly identifies suspicious transactions, adapts to evolving fraud tactics, and minimizes false positives. This advanced approach enhances security, reduces financial loss, and builds customer trust, making AI an invaluable tool for FinTech companies aiming to stay ahead in the fight against fraud.

[online-programmes]

LIBA’s Online Post Graduate Programme in Management (PGPM)

Brief of the programme:

LIBA offers a 11 month Online PGPM combining core management and specialized courses. The programme is for students who wanted to learn about the foundation of business and for working professionals who wanted to develop their knowledge further.

Curriculum

As mentioned above there are Core as well as Specialized subjects. Core management subjects include Principles of management, Quantitative studies, Marketing, Economics, Finance, Management Information system and more. Specialization courses are designed to gain knowledge about the in- depth aspects of the course. This PGPM programme offers three specialization courses from which the students can choose one. Specialization courses are AI & Data Science, Healthcare and FinTech.

Who can apply for this programme?

Applicants who hold a bachelor’s degree with a minimum aggregate of 50% marks. Also those who have a minimum of 2 years full - time work experience are preferred but it's not mandatory.

Individuals who seek further knowledge in business, those who want to learn about the fundamental aspects of management, professionals who want a to achieve more in their career, people who want to transition from their job to AI & Data science or Finance or Healthcare, Technology and Healthcare professionals who wanted to strengthen their competencies, individuals who wanted to foster their innovative thinking in technology and finance can apply for this programme.

Why should you apply?

With respect to the specializations offered, all 3 course subjects are vital in today’s world. AI & Data Science deals with machine learning algorithms, big data analytics and cutting- edge AI applications. Since the world is getting accustomed to AI, there is a growing demand for this course and for people who complete it.

FinTech specialization includes financial technology, blockchain, digital payments and financial as well as data analytics. This course also includes practical projects, industry insights, and collaborations with financial institutions.

Healthcare Specialization emphasises on predictive analytics, personalized medicine, health informatics, policy, economics, information systems along with training individuals through data-driven insights and technological advancements.

Apart from that, there are various reasons as to why one should apply for this course. Primary reason would be to develop and deepen your knowledge. If you are a student, you will learn about the basics of the subject. If you are a working professional, you will be able to gain wisdom to have career advancement in your domain. You will be able to connect with distinguished people while you are enrolled in the course.

In this world, having knowledge in theory alone doesn’t help, we should know how to apply the theoretical knowledge in the real world. With regards to that, this programme trains you to achieve it by providing different case studies, projects and assignments. There are live sessions and self- paced modules to make the learning process convenient and exciting. Ample resources are given access to refer and study. Courses are taught by renowned faculty who are field specialists and experienced scholars. Finally, at the end of this course you would’ve developed both personal attributes and job-related skills.

Why wait? Initiate your learning journey now -

https://iop.liba.edu/pg-program-in-healthcare-management/

Learn more about:

AI & Data science specialization - https://iop.liba.edu/ai-pgpm/

Fintech specialization - https://iop.liba.edu/fs-pgpm/

Healthcare specialization - https://iop.liba.edu/hs-pgpm/

[ecoeconomicepochs]

Pictures = thousands of words..

#currency #money #reset #economy #war #peace #equilibrium

[thewordharbor]

Fintech AI applications & how they upgrade the world of finance

Fintech AI is reshaping how we handle money—making everything from fraud detection to everyday banking faster, smoother, and a whole lot smarter.

If you’ve ever wondered how financial services have become so fast, personalized, and efficient in recent years, the answer lies in fintech AI. Artificial intelligence is transforming the financial industry, making everything from fraud detection to customer service smarter, faster, and more secure. Gone are the days of manual processes that took days or weeks to complete—AI is now reshaping how…

[harshathusm]

The Role of Artificial intelligence in Banking Sector

AI in Banking sector will have a transformative impact with the advent of AI, enhancing customer service, fraud detection, and operational efficiencies. The AI-based chatbot offers a personalized 24/7 customer experience. Machine learning enables easy processing of datasets, raising early warnings for fraudulent activities at multiple points. Banking using AI automates loan approvals, risk management, and personalized financial planning to help streamline the processes of banks and minimize human error. The use of AI in predictive analytics helps the banks to design and offer tailored products to the customers who result in a higher overall level of customer satisfaction.

USM Business Systems

Services:

Mobile app development

Artificial Intelligence

Machine Learning

Android app development

RPA

Big data

HR Management

Workforce Management

IoT

IOS App Development

Cloud Migration

[atmosphericradar]

This is a very revealing moment for how the modern AI community is thinking:

The question now is whether passing the Turing test even matters anymore. “It’s totally unclear whether this is a meaningful milestone or not,” said Mustafa Suleyman, a founder of DeepMind, now a division of Google, and the founder of Inflection.Ai, a startup making personal AI assistants. “It doesn’t tell us anything about what the system can do or understand, anything about whether it has established complex inner monologues or can engage in planning over abstract time horizons, which is key to human intelligence.”

This is both fair criticism of the Turing Test, and nothing new. Turing himself didn't think his experiment was a good judge of intelligence, either. Where is Suleyman going with this?

Suleyman argues that there’s a misplaced focus in the tech industry on the distant possibility of achieving Artificial General Intelligence, or AGI: algorithms with cognitive abilities that match or exceed humans’. Instead, he said the more achievable and meaningful short-term goal is what he calls Artificial Capable Intelligence, or ACI: programs that can set goals and achieve complex tasks with minimal human intervention.

To measure whether a machine has [become an] ACI, he describes a “modern Turing test” — a new north star for researchers — in which you give an AI $100,000 and see if it can turn the seed investment into $1 million. To do so, the bot must research an e-commerce business opportunity, generate blueprints for a product, find a manufacturer on a site like Alibaba and then sell the item (complete with a written listing description) on Amazon or Walmart.com.

This major C-suiter in the field of AI just said that the best test of a being's intelligence is exploiting business opportunities.

Obviously the final goal for all of the present-day investment into AI is to generate a financial return. It's no surprise that businesses would salivate over AI that can independently come up with, market, and sell new products all on their own.

But think about what that intelligence test says about the mindset of the big-wigs in AI right now! If the true test of human-like intelligence is being able to turn a 10x profit, what does that say about humans who don't (or can't) make tons of money? If your parents came to you one day and said: "we honestly think you're sub-human because you don't make enough money for how much money went into raising you", that would be prestige-drama-villain behavior.

Rich people think that they are smarter and better than everyone else. It's no surprise that, on a philosophical level, investment-capitalist tech bros will idolize (and seek to re-create) technological investment-capitalism.

I have my own thought experiment: I wonder how many of these Fintech C-suiters has rich parents that gave them huge loans or high-paying jobs right out of school, and I wonder how that affected them later in life...