AI in Fintech refers to the application of artificial intelligence technologies in the financial services industry. This encompasses a wide range of techniques and tools, including machine learning, natural language processing, and data analytics, to improve and automate financial processes. AI in Fintech can enhance risk assessment, customer service, fraud detection, investment strategies, and regulatory compliance. By analyzing large volumes of data, AI systems can identify patterns and insights that help financial organizations make informed decisions, improve efficiency, and deliver personalized services to clients. Overall, AI’s role in Fintech is transforming how financial services operate, allowing for smarter, faster, and more secure transactions and interactions.
Amit Parekh is a prominent figure in the fintech industry, focusing on the integration of artificial intelligence. His experience spans over 22 years, emphasizing payments and fraud management across multiple…