Generative AI is transforming industries, and we see its incredible potential in fintech industry—hyper-personalized customer experiences, enhanced risk assessment, and improved fraud detection. At our company, where finance meets technology, we see GenAI as a new frontier for innovation and new possibilities💡. Noticing the up and rising trend of Gen AI, we have hosted a series of GenAI lunch & learn sessions for our WeLabbers. Big thanks to Nap Chan, Peter Ng, and Kenneth Yiu for sharing the knowledge of how we can use these AI-powered tools to generate tailored texts, high-quality visuals and videos, and analyze customer preferences and trends to enhance the customer experience✨. Our Group Business Intelligence team also shared some exciting AI initiatives, including an internal "BI Bot" chatbot🤖 that enables different teams to achieve certain extent of automation and streamline workflows, freeing up their time for other higher-value tasks! Thanks Edward Wu, Sarah Cheung, Geoffrey Wong, Matthew Tsang for the inspiring demonstration. We look forward to seeing more scenarios in near future! As we continue pushing the boundaries of what's possible in fintech, we will leverage tech even more to take our operations and customer experience to the next level💪🚀! WeLab Bank #fintech #GenAI #growthmindset #LunchAndLearn #knowledgesharing #automation #innovation
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Chief Commercial Officer @ Corytech ► Proven expertise in Fintech industry ► 8+ years of driving growth through strategic partnerships
🚀 𝗛𝗼𝘄 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗔𝗜 𝗶𝘀 𝗦𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗙𝗶𝗻𝘁𝗲𝗰𝗵 🧠💡 As a player in payment orchestration, Corytech is always on the lookout for innovations that redefine the financial landscape. One technology that stands out is Generative AI—poised to transform the banking industry and beyond. 🔍 According to JupiterResearch.com research, the potential of Generative AI goes beyond automation; it’s about creating human-like interactions, enhancing customer experiences, and personalizing services like never before. With capabilities like analyzing spending patterns, streamlining customer onboarding, and offering tailored insights, generative AI is revolutionizing how banks engage with their customers. 💰 The numbers speak for themselves: Generative AI spend in the banking sector is set to skyrocket from $6 billion in 2024 to $85 billion by 2030. This massive growth reflects the urgency for banks to adopt AI-centric strategies to stay competitive. At Corytech, we recognize that embracing these technologies is key to enhancing payment solutions and delivering seamless, secure, and personalized experiences. As we continue to innovate in payment orchestration, we’re excited to see how generative AI can push the boundaries of what’s possible. 📲 Ready to explore the future with us? Let’s talk about how AI can elevate your payment processes and drive growth! #GenerativeAI #Innovation #PaymentOrchestration #FutureOfFinance #Corytech
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Speaker | Fintech OG | GSD Change Agent | Not a Consultant, Your Trusted Fintech Advisor That Guy who knows how to take your fintech to next level valuations and then makes it happen.
🤖 How is AI changing the FinTech industry? 🤔 "We have our AI chatbot Connecta. And then on the, the kind of risk and fraud management side of the house, we have our, our payment risk platform, which is kind of our, our AI driven platform to reduce fraud," said Scott Johnson, Senior VP of Business Development at Galileo Financial Technologies. 🔍 Galileo Financial Technologies's use of AI and machine learning shows the future of personalized finance. Scott Johnson explains how these technologies are reducing fraud and enhancing customer experiences. Hosts Tedd Huff and co-host Colton Pond uncover the details behind these tech advancements. 📧 Sign up for Fintech Confidential emails at https://lnkd.in/gCSGeSDh. 1️⃣ AI in finance: Enhancing personalization and reducing fraud. 2️⃣ Connecta: Galileo's innovative AI chatbot. 3️⃣ Payment risk platform: Advanced fraud prevention. 🔍 Explore how AI is shaping the future of finance with insights from Scott Johnson. Galileo’s cutting-edge technology is setting new standards in the industry. Accrued, a Fintech Confidential series presented by LoanPro #FinTech #Galileo #FinancialServices #DigitalBanking #AI #MachineLearning #FraudPrevention #PersonalizedFinance #LatinAmerica #FinancialTechnology #ModernBanking #SoFi #InternationalExpansion #BankingTechnology #DigitalFinance #LendTech #FinancialInfrastructure #FinTechInnovation #PaymentSolutions #APIIntegration #FinancialEcosystem #BankingModernization #FinTechPodcast #FinTechPartnerships #FinancialGrowth Tedd Huff DD3 Media Fintech Confidential
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AI in Fintech: Unlocking Hidden Value! 🔍 Christo Georgiev, COO of FinScore, explores the transformative role of AI in accessing locked ecosystems within fintech. Discover how AI is enhancing credit scoring and customer segmentation. 🌟 Watch the full video ▶️ https://lnkd.in/dC9ppbvN #AI #Fintech #Innovation #FinScore
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Hello LinkedIn family! 💫 We are starting a series in which we would be highlighting the merits of using AI in fintech and the demerits of not using. So let's get started with DAY-1! Speed and Efficiency vs. Manual Delays Merit of AI-Powered Payment Processing: Speed and Efficiency AI-powered payment systems significantly boost transaction speed and efficiency by automating the entire process. Transactions that once took hours or even days are now processed in real time. This saves businesses time and resources while delivering a seamless customer experience. With AI algorithms streamlining everything from transaction approvals to data processing, businesses can handle a larger volume of payments with ease and precision. Demerit of Traditional Payment Processing: Manual Delays Traditional payment systems, on the other hand, are often hampered by manual processes, such as human reviews and approvals. These steps not only slow down the entire transaction flow but also increase the likelihood of delays due to human error or inefficiencies. This sluggishness can frustrate customers and create bottlenecks, particularly for businesses handling large transaction volumes. With AI, payments are processed at lightning speed, saving you time and resources. Traditional systems, on the other hand, often suffer from manual delays, dragging your business down. Choose faster, smarter payments with PeSynergy! #AIinpayments #efficientpayments #pesynergy #fintechinnovation #fintech #paymentsolutions #AI #frauddetection #DAY1
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🚀 The advent of Gen AI is revolutionizing fintech, pushing the boundaries of innovation and efficiency! 🌟 In 2023, 37% of financial institutions had enhanced AI capabilities, and this number is soaring. 📈 A recent McKinsey report highlights that 90% of financial institutions now have centralized Gen AI functions. 🔍 At ScienceSoft, we harness Gen AI to create agile, seamless solutions, from personalized payment experiences to advanced fraud detection. 🌐🔒 Gen AI’s ability to innovate is transforming how we think about and deliver financial services. 💡 From pattern anomaly detection to improving customer loyalty, the potential is boundless. 🌍💼 As new regulations like the EU AI Act roll out, the scope for AI in fintech will become clearer, paving the way for even more groundbreaking applications. 🚀✨ Let’s embrace Gen AI to stay ahead and shape the future of fintech together! 💼🤖 #Fintech #GenAI #Innovation #FutureOfFinance
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Why it is not an option to wait? The AI wave is here, and companies that don’t jump on board now risk falling behind in technological advancement. At Predicti, we see ourselves as a central infrastructure partner in this transformation - an interface to the future - helping businesses unlock the full potential of understanding and predict their customers behaviour. With the large amounts of data many companies hold, the question is no longer whether they should integrate AI, but how to do it effectively. That’s where we can help. At Predicti, we use advanced AI and ML algorithms to help companies understand their customers, predict their needs, respond quickly to life events, and tailor services that are relevant to the individual - all to boost efficiency and enhance the customer experience 🎯 At Nordic Fintech Week 2024, we gained exciting insights from fintechs, banks, insurance companies and tech experts. It’s clear that AI is no longer the future - it’s the present. Will you wait, or let Predicti help you get ahead of the curve?
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🤖 How is AI changing the FinTech industry? 🤔 "We have our AI chatbot Connecta. And then on the, the kind of risk and fraud management side of the house, we have our, our payment risk platform, which is kind of our, our AI driven platform to reduce fraud," said Scott Johnson, Senior VP of Business Development at Galileo Financial Technologies. 🔍 Galileo Financial Technologies's use of AI and machine learning shows the future of personalized finance. Scott Johnson explains how these technologies are reducing fraud and enhancing customer experiences. Hosts Tedd Huff and co-host Colton Pond uncover the details behind these tech advancements. 📧 Sign up for Fintech Confidential emails at https://lnkd.in/dUBRYH5d. 1️⃣ AI in finance: Enhancing personalization and reducing fraud. 2️⃣ Connecta: Galileo's innovative AI chatbot. 3️⃣ Payment risk platform: Advanced fraud prevention. 🔍 Explore how AI is shaping the future of finance with insights from Scott Johnson. Galileo’s cutting-edge technology is setting new standards in the industry. Accrued, a Fintech Confidential series presented by LoanPro #FinTech #Galileo #FinancialServices #DigitalBanking #AI #MachineLearning #FraudPrevention #PersonalizedFinance #LatinAmerica #FinancialTechnology #ModernBanking #SoFi #InternationalExpansion #BankingTechnology #DigitalFinance #LendTech #FinancialInfrastructure #FinTechInnovation #PaymentSolutions #APIIntegration #FinancialEcosystem #BankingModernization #FinTechPodcast #FinTechPartnerships #FinancialGrowth Tedd Huff DD3 Media Fintech Confidential
"The Power of AI in FinTech: Galileo's Approach!"
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In the dynamic world of finance, 🤖 Artificial Intelligence (AI) is a game-changer for the Fintech industry. 🚀 From fortifying fraud detection to transforming credit scoring, AI injects efficiency, security, and personalized experiences into financial services. The automation of routine tasks, the rise of AI-driven chatbots for customer support, and the deployment of algorithms in trading further elevate the industry's capabilities. 💼 By embracing AI, Fintech firms not only optimize operations and bolster risk management but also deliver tailored financial solutions that resonate with individual customer needs. 🌐 As AI evolves, its integration into the Fintech sector promises a future marked by innovation, efficiency, and heightened customer satisfaction. 🌈💰 #Fintech #AIRevolution #InnovationInFinance
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🤖 How is AI changing the FinTech industry? 🤔 "We have our AI chatbot Connecta. And then on the, the kind of risk and fraud management side of the house, we have our, our payment risk platform, which is kind of our, our AI driven platform to reduce fraud," said Scott Johnson, Senior VP of Business Development at Galileo Financial Technologies. 🔍 Galileo Financial Technologies's use of AI and machine learning shows the future of personalized finance. Scott Johnson explains how these technologies are reducing fraud and enhancing customer experiences. Hosts Tedd Huff and co-host Colton Pond uncover the details behind these tech advancements. 📧 Sign up for Fintech Confidential emails at https://lnkd.in/dUBRYH5d. 1️⃣ AI in finance: Enhancing personalization and reducing fraud. 2️⃣ Connecta: Galileo's innovative AI chatbot. 3️⃣ Payment risk platform: Advanced fraud prevention. 🔍 Explore how AI is shaping the future of finance with insights from Scott Johnson. Galileo Financial Technologies’s cutting-edge technology is setting new standards in the industry. Accrued, a Fintech Confidential series presented by LoanPro #FinTech #Galileo #FinancialServices #DigitalBanking #AI #MachineLearning #FraudPrevention #PersonalizedFinance #LatinAmerica #FinancialTechnology #ModernBanking #SoFi #InternationalExpansion #BankingTechnology #DigitalFinance #LendTech #FinancialInfrastructure #FinTechInnovation #PaymentSolutions #APIIntegration #FinancialEcosystem #BankingModernization #FinTechPodcast #FinTechPartnerships #FinancialGrowth Tedd Huff DD3 Media Fintech Confidential
"The Power of AI in FinTech: Galileo's Approach!"
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