Current Prospects Of AI In Fintech That Reshape Financial Future

Main Use Cases Of AI In Fintech

Upcoming Payment Reminders

Payment reminders help avoid payment delays and fines

Fraud Prevention

  • prevent network invasion
  • ensure secure authorization
  • examine firewalls and other security matters
  • detect bots
  • predict forced entry
AI ensures app security

Pricing

Price assessment with the help of AI

Decision Making

AI offers relevant products

Virtual Financial Advisors

  • advise on the most suitable fintech services and products
  • train financial literacy and cost-effective behavior
  • search business-related data based on the user needs
  • visualize user’s commercial performance (provide charts, diagrams, schemes)
Financial AI assistant

Credit Risk Assessment

  • credit scores,
  • lending prognosis
  • risk control
  • estimation models
AI in banking analyzes credit scores

Automated Refund Requests

  • circumstances of the accident
  • the year of manufacture of the car
  • the technical condition of the vehicle before the accident
  • the volume of premiums
  • the period of insurance transfers
AI technologies process refund requests

Contract Analysis

Building smart contracts with AI

Customer Retention

  • refusal to receive informational messages of the company
  • frequency and nature of complaints
  • contacting support for various problems
  • work out the issues
  • offer personalized services
  • change the overall marketing strategy
AI sets up effective customer retention

Quantitative Trading

AI helps traders at the stock market

Advanced Research Tools

Financial AI provides advanced research tools

Examples Of AI In Banks And Fintech Startups

What Is The Future In Finance AI?

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Softensy specializes in fintech development and enterprise-level apps. Our team helps companies automate business processes by developing software solutions.

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Softensy

Softensy

Softensy specializes in fintech development and enterprise-level apps. Our team helps companies automate business processes by developing software solutions.

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