Artificial intelligence and machine learning: A new blueprint for the fintech industry

There is no doubt that artificial intelligence (AI) and machine learning (ML) is becoming a hot topic within the fintech industry. At almost every seminar and conference, we are hearing about the rise of these emerging technologies and the potential they have to disrupt businesses. It's clear that AI and ML is a blueprint within which the fintech industry is operating. However, what is apparent is that no matter how much fintechs bang the drum of the impact of AI on enterprises, it still remains underutilized by many companies due to their inability to visualize, integrate and adopt these new technologies. Recently, there has been a great deal of conversation across multiple industries around the potential of these technologies, but according to research by Accenture, 87 percent of business leaders in the UK are struggling with how best to adopt it.