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5 Ways to power up your fintech product using AI

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Old 13-10-2020, 07:13 PM
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Default 5 Ways to power up your fintech product using AI

1. Transactional Bots: AI bots Offers financial coaching and assistance to guide customers with financial planning, savings, and expenses.

2. Fraud Detection & Prevention: ML and RPA provide various options to detect patterns to inform about fraudulent activities.

3. Trading: ML speeds up the decision-making process by analyzing data through pattern detection with AI-based algorithms.

4. Processing Claims: AI-based chatbots are to the rescue for the insurance companies to analyze the urgency and originality of claims.

5. Client-risk profiling: Artificial neural network(ANN) helps in categorizing clients based on the risks of their profiles from low to high.

Connect with the best fintech development company that understands all your business needs and work in-accordance to it



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