openPR Logo
Press release

AI in Fintech Market to Expand with Significant CAGR During 2021-2031 | Amelia US LLC, Nuance Communications Inc., Complyadvantage, Narrative Science

06-14-2023 02:56 PM CET | IT, New Media & Software

Press release from: Global Insight Services

AI in Fintech Market

AI in Fintech Market

New York, According to a new market research report published by Global Insight Services AI in Fintech Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Request Sample Report : https://www.globalinsightservices.com/request-sample/GIS23255

AI in fintech can be used in a number of different ways. For example, AI can be used to help develop new financial products or services, or to improve the efficiency of existing ones. AI can also be used to help detect and prevent financial crime, or to improve customer service and support. In general, AI can be used to help make the financial sector more efficient, effective and secure.

Key Trends

There are four key trends in AI in fintech technology:

1. The use of artificial intelligence (AI) in financial services is growing. Banks and other financial institutions are using AI-based chatbots to interact with customers and provide them with financial advice. AI is also being used to detect and prevent fraud.

2. AI is being used to personalize financial products and services. Banks are using AI to offer custom-tailored products and services to their customers. For example, AI is being used to provide personalized credit scores and investment recommendations.

3. AI is being used to automate financial processes. For example, AI is being used to automate the loan application process. This is helping to speed up the process and make it more efficient.

4. AI is being used to improve financial decision-making. AI-based systems are being used to help financial institutions make better decisions about things like loan approvals and investment strategies.

Key Drivers

Fintech is a rapidly growing industry with a wide range of applications for artificial intelligence (AI). AI can be used for a variety of tasks in fintech, including fraud detection, customer service, and investment analysis.

The key drivers of AI in the fintech market are the need for speed and accuracy, the increasing volume of data, and the need for personalized services.

Speed and accuracy are essential in the world of finance. AI can help fintech companies process large amounts of data quickly and accurately. This is especially important in areas such as fraud detection, where AI can help identify patterns of fraudulent activity.

The increasing volume of data is another key driver of AI in fintech. Financial data is growing at an exponential rate, and traditional methods of analysis are no longer feasible. AI can help fintech companies make sense of this data and extract insights that would otherwise be hidden.

Finally, the need for personalized services is a major driver of AI in fintech. Customers expect tailored experiences that are relevant to their individual needs. AI can help fintech companies provide these personalized services by understanding customer data and preferences.

Read Full Research Report : https://www.globalinsightservices.com/reports/ai-in-fintech-market

Market Segments

The AI in Fintech Market is segmented by component, deployment, application, and region. By component, the market is divided into solutions and services. Based on deployment, it is bifurcated into cloud based and on-premises. On the basis of application, it is classified into virtual assistants, business analytics and reporting, customer behavioural analytics, fraud detection, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The AI in Fintech Market includes players such as Microsoft, Google LLC, Salesforce Inc., IBM Corporation, Amelia US LLC, Nuance Communications Inc., Complyadvantage, Narrative Science, Affirm Inc. and Intel.

Buy Now : https://www.globalinsightservices.com/checkout/single_user/GIS23255

Reasons to buy AI in Fintech Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AI in Fintech Market to Expand with Significant CAGR During 2021-2031 | Amelia US LLC, Nuance Communications Inc., Complyadvantage, Narrative Science here

News-ID: 3089176 • Views:

More Releases from Global Insight Services

Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing at 17.5% CAGR | Overall Study Report
Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing …
The Immuno Oncology Drugs Market is rapidly emerging as a transformative segment in the global healthcare industry. These drugs harness the body's immune system to identify and attack cancer cells, offering innovative treatment alternatives to traditional chemotherapy and radiation therapies. Immuno-oncology therapies include monoclonal antibodies, checkpoint inhibitors, cancer vaccines, and cell-based therapies such as CAR-T cells. The growth of this market is primarily driven by advancements in biotechnology, an improved
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Overall Study Report
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Ove …
The GLP 1 Market is experiencing unprecedented growth, fueled by the rising prevalence of type 2 diabetes and obesity globally. GLP-1, or glucagon-like peptide-1 receptor agonists, represents a groundbreaking therapeutic class that improves insulin secretion, reduces glucagon production, and slows gastric emptying. These mechanisms not only enhance glycemic control but also support weight management, making GLP-1 therapies a preferred choice among healthcare providers and patients alike. Over the years, the
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAGR | Key Players: EasyMile, Navya, Aurrigo
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAG …
Market Overview Autonomous Bus Market is revolutionizing the future of urban mobility through advanced automation technologies. Valued at $2.1 billion in 2024, the market is projected to reach $11.6 billion by 2034, expanding at a strong CAGR of 18.8%. This market focuses on the development and deployment of self-driving buses equipped with cutting-edge sensors, artificial intelligence, and vehicle-to-everything (V2X) communication systems. These buses are designed to improve road safety, enhance passenger
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | Key Players: Apollo Tyres, Nokian Tyres, Hankook Tire
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | …
Market Overview Automotive Tire Market is experiencing remarkable growth as the industry embraces innovation, sustainability, and digital transformation. Valued at $406 billion in 2024, the market is projected to soar to $976.7 billion by 2034, reflecting a CAGR of 9.2%. This expansion is primarily driven by the surge in global vehicle production, growing consumer preference for durable and high-performance tires, and the increasing adoption of smart tire technologies. The Automotive Tire

All 5 Releases


More Releases for Fintech

EMBank Reinforces Fintech Leadership at Baltic Fintech Days 2025
As fintech innovation accelerates across Europe, Vilnius once again positioned itself as a central hub for forward-thinking financial dialogue during Baltic Fintech Days 2025. Held over two impactful days, the conference attracted over 1,000 stakeholders, bringing together startup leaders, financial institutions, regulators, and technology innovators from across the Baltics and beyond. The event's agenda was shaped by more than 60 expert speakers who addressed emerging topics such as AI-powered banking, embedded
Seoul Fintech Lab Accelerates Global Expansion with Participation in Singapore F …
Image: https://www.getnews.info/uploads/5b520c858c856e54cadb7d57558b7209.jpg Seoul Fintech Lab successfully participated in the Singapore Fintech Festival from November 6 to 8, 2024. The event was organized to promote overseas investment and market entry for its resident, membership, and graduate companies, with a particular focus on Seoul-based fintech companies established within the last seven years. A total of 10 companies participated in the event. The five resident companies were Antok, Whatssub, Ipxhop, MerakiPlace, and Korea Securities Lending,
Seoul Fintech Lab and 2nd Seoul Fintech Lab Successfully Participate in Korea Fi …
Seoul Fintech Lab and 2nd Seoul Fintech Lab achieved great success by showcasing innovative solutions from 22 resident companies, attracting approximately 1,000 visitors to their booth during Korea Fintech Week 2024. Image: https://www.getnews.info/uploads/e73eea3a5c8a6a46e5b43375b2a156be.jpg Seoul Fintech Lab and the 2nd Seoul Fintech Lab jointly participated in the 'Korea Fintech Week 2024,' held at Dongdaemun Design Plaza (DDP) in Seoul, South Korea, from August 27 to 29. The event was a huge success, with
FinTech in Insurance
The market for "FinTech in Insurance Market" is examined in this report, along with the factors that are expected to drive and restrain demand over the projected period.  Introduction to FinTech in Insurance Market Insights The futuristic approach to gathering insights in the FinTech in Insurance sector integrates advanced technologies such as artificial intelligence, big data analytics, and blockchain. These tools enhance data collection from diverse sources, enabling insurers to gain deeper,
BW Festival Of Fintech: A Comprehensive Fintech Colloquy
Business World’s Festival of Fintech is a two-day informative summit that will inform, illustrate and recognize the changes in the dynamic Fintech industry. Business World brings forth Festival of Fintech, an exclusive conclave on Fintech innovation and growth on the 12th and 13th of February, 2021. The event will include expert panels and an industry award ceremony that recognizes excellence in all the ambits of the Fintech field. The
Bouchard Fintech
Information provided by Bouchard Fintech The US, at least this current administration, has mystified its European Union business and political partners. The EU represents one of the very largest economies on the planet. The EU is also very much a trusted ally of the US. The EU market continues to be a fertile ground for US exports. So, it was quite a surprise that the US seemed to be picking a