Artificial Intelligence (AI) in Fintech Market
Artificial Intelligence AI in Fintech Market by Type Services, Solutions Application Quantitative and Asset Management, Credit Scoring, Fraud Detection, Chatbot – Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
Financial companies were early adopters of a social database and centralized server PCs, also, the industry is one of the early integrators of counterfeit combination in their day by day activity to upgrade the client experience and handle developing huge information. The consideration of computerized reasoning improves results through usage of modern calculations and understanding purchaser conduct.
Drivers and Restraints
Fintech space is one of the fastest growing industries across the globe owing to rising penetration of internet users. The users are rapidly switching to mobile devices to perform a transaction or related actions, owing to rising ease and growing internet user base. The third-party applications such as WhatsApp have integrated in-app transaction system in specific regions including the Asia Pacific. This will raise the bar for cyber-attacks and possibilities for fraud owing to which the incorporation of artificial intelligence is expected to gain traction and propel the market growth over the forecast period. The rising number of frauds in this industry is mitigated through the utilization of artificial intelligence by collecting big data wherein the machine learns the pattern and monitors user behavior and takes action or report accordingly.
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· Artificial Intelligence AI in Fintech Market, By Type, Estimates and Forecast, 2014-2025 $Million
o Services
o Solutions
· Artificial Intelligence AI in Fintech Market, By Application, Estimates and Forecast, 2014-2025 $Million
o Quantitative and Asset Management
o Credit Scoring
o Fraud Detection
o Chatbot
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
ComplyAdvantage.com
Intel Corporation
IPsoft Inc.
Samsung Group
Onfido
IBM Corporation
Amazon Web Services, Inc.
Microsoft Corporation
Next IT Corp
Ripple
Regional Insights
Asia Pacific has the largest population in the world, and is expected to be one of the fastest growing economies across the globe including Hong Kong, Singapore, and India.
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By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition? Market Classification
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