AI is an evolving technology. It has effective impact and dramatic results on decision making in specific business occurrences. 72% of CEOs across business industry expect AI to have substantial influence on service and solution offerings in future.
Financial Technology (FINTECH) has grown explosively in 21st century. AI is the potential future of FINTECH. New AI technologies like machine learning, predictive analytics, blockchain, distributed ledger technology, digital transaction will engage consumers in automatic learning way and making better decisions, saving considerable transaction time and operating the accurate financial business aspects. Some dynamic area of FINTECH becoming more innovated with the help of AI in mobile banking, internet banking, cryptocurrency and digital cash, smart contracts, open banking, robo-advisors, chatbot and cybersecurity.