How artificial intelligence is reinventing the fintech industry

One of the most repeated phrases I heard at Mobile World Congress 2017 was "reinvention." It didn't matter whether the speaker was a CEO of a bank or a mobile manager of a retail company. All of them had the same view: we need to reinvent our businesses, or we won't survive. The only way to avoid disruption in the fintech industry is to look ahead and innovate faster than the competition. In this way, companies need to embrace rapid prototyping if they are to manage the fast-paced, agile environment in which every business needs to operate.