The relationship between AI and Fintech is going to be stronger and better in the future improving the operating costs. For instance, innovators are building solutions that can help the investors gather critical information, analyse them and make valuable market-reports for smarter investment decisions. Many banks are utilizing AI-powered platforms to make the best underwriting decisions and credit assessment processes.
Apart from these technologies, blockchain technology, smart contacts, RPA, agile, etc., make it to the list. Such innovations put the customer at the core, accelerate time to market, leverage the power of minimal viable product (MVP), eliminate legacy, and prepare smarter workforce & markets.
While these tech solutions are revolutionizing the financial ecosystem, it is important to acknowledge their impact on organizations across the globe.