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The Future of Banking: Automation, AI, and Personalized Finance

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When was the last time you walked into a bank? For most people, the answer is “I can’t even remember.” Gone are the days of waiting in line to deposit checks or apply for loans.

Everything happens on our phones now. With a few taps, you can transfer money, check your balance, or even invest in stocks. Banking has gone digital, and it’s not slowing down.

The real shift isn’t just about moving online – it’s about how banks operate. Automation, artificial intelligence (AI), and hyper-personalized finance are reshaping everything from loan approvals to customer service. [Read more…] about The Future of Banking: Automation, AI, and Personalized Finance

10 Marketing Trends for Fintech Companies in 2025

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Fintech companies are shaking up the financial world. Whether it’s rethinking how we bank, save, or invest, fintech is leading the charge.

But staying competitive in 2025 will take more than innovative products – it’s all about how you market them.

With customers expecting more personalization, transparency, and value, your marketing game needs to be sharp. Let’s explore the marketing trends that are set to dominate the fintech world in 2025. [Read more…] about 10 Marketing Trends for Fintech Companies in 2025

How Does Digital Banking Impact Fintech Industries?

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Digital banking involves providing banking services like credit cards, loans, payment gateways, insurance services, and alternative financial instruments through online banking portals.

Banks make digital banking services available to their customers through websites and mobile banking apps. With these online tools, users can sort out personal finance issues from the comfort of their homes without visiting a bank.

[Read more…] about How Does Digital Banking Impact Fintech Industries?

Cybersecurity in Fintech: Building Robust Software Solutions

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In the dynamic landscape of financial technology (FinTech), the fusion of innovation and security is paramount.

As FinTech continues to revolutionize the financial sector, the specter of cyber threats looms larger than ever.

In an era where data breaches reverberate across industries, the need for a proactive cybersecurity approach is non-negotiable. [Read more…] about Cybersecurity in Fintech: Building Robust Software Solutions

How should you serve your customers so that you get more of them

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Today, all the basic daily operations of the client are quenched on the card in the app. You are primarily focused on digital service, so it is worth paying attention to the development of financial service products because these are striking short-term and large-scale long-term results.

Let’s look at the key points of the efficiency of financial services. [Read more…] about How should you serve your customers so that you get more of them

Machine learning in banking and marketing applications for 2021 and beyond

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Artificial intelligence (AI) and machine learning in banking make the strongest combination possible. Since these technologies are versatile, there are a lot of ways to use them across industries, and in the fintech sector as well.

There are a lot of concerns and discussions around artificial intelligence and machine learning that last for several decades already. The recent pandemic has greatly accelerated the development of innovation.

Smart robots are already capable of helping shoppers select and deliver goods, as well as performing simple medical tasks such as delivering drugs and instruments. What is more, the main forecast remains unchanged – the share of artificial intelligence in business will grow every year. [Read more…] about Machine learning in banking and marketing applications for 2021 and beyond

The Future of Finances – A Digital Banker

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As a consumer, the most beneficial aspect of modern banking is the ability to have your money by your side at all times.

This easy access to your money will save you from having to make your way to the bank every time one of your accounts runs low and you need to transfer.

As a banker, there is a growing demand for banks and financial institutions to implement this digital method of banking. Consumers want their money whenever and wherever they can get to it. [Read more…] about The Future of Finances – A Digital Banker

Automation in banking and finance to grow by more than $500 billion

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Free report: Intelligent Automation in Banking and Finance

The market for automation in banking and finance is forecast to grow by more than $500 billion.

This is according to a new report, Top Challenges for Intelligent Automation for BFSI in 2019, which can be downloaded here.

The report says: “By 2020 the Banking, FinTech, and Insurance industries will gain $512 billion as a result of Intelligent Automation.”  [Read more…] about Automation in banking and finance to grow by more than $500 billion

Updating our understanding of the power of artificial intelligence

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A look ahead to the AI in Finance Summit, organized by Re-Work

Some of the predictions made about the projected effects of artificial intelligence on the financial sector are simply staggering. 

AI is expected to generate additional revenues of anywhere between $500 billion and near-enough $1 trillion to the global economy, according to various forecasts.

For specific details on exactly how AI is being applied by individual companies, one can look at the information provided by the Re-Work organization.  [Read more…] about Updating our understanding of the power of artificial intelligence

‘Chinese companies lead the way in fintech innovation’

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China-based investment expert Edward Tse, CEO of Gao Feng, says financial technology companies are thriving in China 

With the Chinese government keen to encourage innovation the fintech revolution is quickly gaining pace. Financial technologies companies backed by Chinese venture capital raised $2.4 billion in the first quarter of 2016, according to accounting firm KPMG.

This represented a 49 per cent share of global fintech investment in the period, bigger than that of North America and Europe combined.

Ant Financial Services Group, Alibaba Group Holding’s fintech affiliate, itself raised $4.5 billion in April, making it the largest round of funding for a fintech company in the world.  [Read more…] about ‘Chinese companies lead the way in fintech innovation’