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AI, ML, and blockchain are revolutionary trends of digital transformation that can impact the finance sector significantly. Here are the top digital transformation trends for the fintech sector.
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FOUR WAYS DIGITAL TRANSFORMATION IMPACTS FINTECH SECTOR
AI-BASED CYBERSECURITY AI, together with ML and NLP (Natural Language Processes) can detect frauds and predict any possibility of cyber attacks.
CHATBOTS FOR PERSONALIZED EXPERIENCE In the finance sector, personalized experience can be a game changer. Chatbots can give such experience to your customers.
BLOCKCHAIN-POWERED PROCESSES Blockchain offers strict controls to audit data and smart contracts. It also increases the customer’s trust by enhancing data security.
INNOVATIONS THROUGH ADVANCEMENTS Amid the paradigm shift from traditional banking processes to convenient digital services, digital transformation can bring innovations.
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