Top 10 Application Of AI In Fintech 2024

AI is changing FinTech by providing personalized financial advice with robo-advisors, improving fraud detection, and making trading strategies smarter. It helps manage risks better and automates compliance reporting. AI chatbots and virtual assistants improve customer service, while AI-based credit scoring uses different data for better lending decisions. It also optimizes investments and personalizes insurance risk assessments. AI and blockchain together enhance security and transparency. Companies like Appic Softwares are at the forefront of this change, driving innovation and making financial services more efficient and accurate.