Artificial intelligence has emerged as a game changer in the fintech business, with enormous potential to transform operations, improve client experiences, and drive innovation. However, despite its promised benefits, fintech organizations confront a number of hurdles in properly implementing AI. Data Quality and Availability One of the key issues that fintechs encounter when using AI… Continue reading Challenges Faced by Fintech Companies Adopting AI
Tag: technology
Hyperautomation through AI and ML
Hyperautomation in the financial domain refers to the integration of artificial intelligence (AI), machine learning (ML) and robotic process automation (RPA) to automate complex business processes, reduce manual interventions and improve operational efficiency. It has become critical to everyday operational activities. AI and ML are critical components of hyperautomation because they enable automation tools to… Continue reading Hyperautomation through AI and ML
Technology’s Role in Financial Inclusion
The start of the ‘technology era’ was a turning point for human evolution. The invention of ‘the wheel’ was the beginning of one of the most important eras of humankind. Over the years, technology along with its surroundings has evolved manifold and today, it is upholding several aspects that humankind as a society is striving… Continue reading Technology’s Role in Financial Inclusion
Tech Trends in 2023
The Information Age, alternatively known as the Computer Age, Digital Age, Silicon Age or New Media Age, is a mid-20th century period that is characterized by a shift from traditional industries to an economy being built on information technology. As of the current date of 2023, information technology has become an invaluable part of every… Continue reading Tech Trends in 2023