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ARTIFICIAL INTELLIGENCE

5 Ways AI Will Change FinTech

Stronger Security

AI has proven to be such a success in the financial technology sector as it provides a massive boost to security.

Enhancing human workers through automation

Financial technology can be improved significantly with technologies that fall under the AI umbrella, such as machine learning, data analytics, neural networks, and more.

Improved customer service

The increasing sophistication of artificial intelligence has resulted in chatbots, virtual helpers, and artificial intelligence interfaces that can reliably interact with customers.

Client risk profiling

For finance services such as banks and insurance companies, client profiling is based on their risk score which is very critical.

Algorithmic Trading

Algorithmic trading uses a pre-programmed set of instructions to analyze data and helps in decision-making faster than humans.

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