Ways AI is Reshaping Financial Services in 2023 - Storm2

Artificial intelligence (AI) has been able to enhance the ability for us to leverage a larger volume of data generated in everyday business activities, and the FinTech industry is no exception. Financial services have enabled many individuals to break free of the traditional bank, expanding their options tremendously. The use of AI in FinTech can be used to optimize customer experiences, minimize risk and fraudulent transactions, and improve consumer credit decisions. Customers are constantly looking for more personalized experiences with their FinTech companies. One way many companies are accommodating this is through artificial intelligence.