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Application of Data Science in the World of FinTech

Analytics Vidhya

Introduction In today’s dynamic financial landscape, data science has become a cornerstone of the FinTech and banking industries. It has emerged as the driving force behind informed decision-making, benefiting both customers and the financial industry as a whole.

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Fintechs turn to AI and cloud as steadfast forces for innovation

IBM Journey to AI blog

The rapidly evolving fintech landscape is witnessing a remarkable transformation, driven by advancements in leveraging both artificial intelligence (AI) and cloud computing technologies. By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered.

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10 Companies Powering FinTech with Artificial Intelligence (AI)

Marktechpost

The post 10 Companies Powering FinTech with Artificial Intelligence (AI) appeared first on MarkTechPost. Their contributions demonstrate the vast potential of AI in enhancing the quality, security, and accessibility of financial services globally.

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The Machine Economy and the Convergence of Web3, AI and Fintech

Flipboard

Fintech, Web3, and artificial intelligence are one economic whole, and our ability to grow each relies on their deep synthesis, says Lex Sokolin, founder of Web3 investment fund Generative Ventures.

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Fintech startup Stripe integrating OpenAI's new GPT-4 AI

Flipboard

SAN FRANCISCO, March 15 - Fintech startup Stripe is starting to integrate OpenAI's latest GPT-4 artificial intelligence model into its digital payment processing and other products, Stripe said on Wednesday. The news followed an announcement by Microsoft Corp (MSFT.O)-backed backed OpenAI that it would …

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Klarna’s AI Chatbot Replaces 700 Human Customer Service Agents

Analytics Vidhya

Klarna, a leading fintech company, has unveiled the remarkable capabilities of its AI-powered chatbot developed in collaboration with OpenAI. In just its first month, the AI chatbot has transformed customer service operations, handling the workload equivalent to 700 full-time agents.

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GenAI could make KYC effectively useless

Flipboard

KYC, or “Know Your Customer,” is a process intended to help financial institutions, fintech startups and banks verify the identity of their customers. Not uncommonly, KYC authentication involves “ID images,” or cross-checked selfies used to confirm a person is who they say they are.