The Reason to Act Now
Fintech attracts innovation into the financial sector as a whole.
The main reason why AI gains so much attention and usage is, of course, automation, as using instruments powered by it results in boosted productivity. AI also structures and analyzes data that changes not only financial operations but also affects clients’ service quality due to chatbots and good personalization. In addition, this is an efficient fraud-detection instrument, which has always been a problem in banking, preventing clients from trusting the system.
Statistics show that more users come to banks for personalized finance solutions, yet, only 45% of customers around the world have access to a personal assistant in banking.
Fintech attracts innovation into the financial sector as a whole.
The main reason why AI gains so much attention and usage is, of course, automation, as using instruments powered by it results in boosted productivity. AI also structures and analyzes data that changes not only financial operations but also affects clients’ service quality due to chatbots and good personalization. In addition, this is an efficient fraud-detection instrument, which has always been a problem in banking, preventing clients from trusting the system.
Statistics show that more users come to banks for personalized finance solutions, yet, only 45% of customers around the world have access to a personal assistant in banking.
AI and ML Services
Data analytics
Trading analytics
Algorithmic trading
Predictive analytics for investment
Increasing safety
Asset management
Finance process automation
Payment processing
Customers’ personalization
Anti-money laundering (AML)
Personal financial management
Chatbots implementing
Credit risk inspection
Fraud detection
Impact of AI and ML on FinTech
AI and ML in the FinTech industry resolve a lot of issues and make significant service improvements
AI and ML in the FinTech industry resolve a lot of issues and make significant service improvements
Building fintech software allows you to make essential data more transparent and prominent. Such solutions simplify metrics tracking and enable strategic decision-making. Try it for your business!
AI and ML models analyze trading data to provide insights into market trends, helping traders and investors make informed decisions. Amazinum will help you be confident in your decisions by implementing innovative tools.
AI-powered trading algorithms make real-time decisions based on market data and historical trends, optimizing trading strategies. Try this strategy and get maximum profit!
AI analyzes market data and news to make predictions about stock and asset prices, aiding investment decisions. It analyzes social media and news sentiment to gauge market sentiment and predict market movements. Take into account all the factors that affect your success to be the best!
for investment
AI analyzes market data and news to make predictions about stock and asset prices, aiding investment decisions. It analyzes social media and news sentiment to gauge market sentiment and predict market movements. Take into account all the factors that affect your success to be the best!
AI is used to optimize asset allocation and portfolio management, enhancing returns on investments. It plays a pivotal role in asset management, offering sophisticated tools and insights to navigate complex markets and deliver better outcomes for investors.
Fintech software can automate key finance-related operations. So accounting, payments optimization, back-office operations can work with minimal human intervention. Businesses can monitor their processes and make sure that everything runs appropriately.
automation
Fintech software can automate key finance-related operations. So accounting, payments optimization, back-office operations can work with minimal human intervention. Businesses can monitor their processes and make sure that everything runs appropriately.
AI streamlines payment processing by enabling features like voice-activated payments, facial recognition, and contactless payments. It is much more convenient, faster and safer. Launch such a solution with our team!
AI and ML can predict user behavior by integrating algorithms, which allow to collection the data. Then, the user can be offered relevant suggestions based on insights from his behavior. In this way, we increase personalization, which positively affects the level of customer satisfaction.
personalization
AI and ML can predict user behavior by integrating algorithms, which allow to collection the data. Then, the user can be offered relevant suggestions based on insights from his behavior. In this way, we increase personalization, which positively affects the level of customer satisfaction.
AI-driven financial management apps help users budget, save, and invest by providing insights and recommendations based on their financial data. Why not try this solution?
management
AI-driven financial management apps help users budget, save, and invest by providing insights and recommendations based on their financial data. Why not try this solution?
AI-powered NLP tools allow companies to quickly reach clients through automated chatbots. The chatbots assist customers with inquiries, account management, and support, offering 24/7 availability and reducing response times. Give your customers an improved service, our team will do everything for you!
AI and ML can make credit scoring, which evaluates the ability to pay off debts, more accurate. Calculating the ranking requires lots of data to be processed, including total income, credit history, transaction analysis, and work experience. AI can provide reliable scores and analyze real-time metrics to give more customers access to additional finances if they need it.
AI and ML in FinTech can detect specific behavior patterns and actions that differ from normal. The monitoring is in real-time, which allows for acting on fraud attempts quicker and more efficiently, saving the staff time. Make your business safer with AI and ML solutions by Amazinum!
AI and ML can also offer face and fingerprint recognition, which can protect company and user data. Implementing such an AI-based authentication system will allow you to significantly reduce the risks of fraud or actions from the face of another person.
AI and ML are used to detect and prevent money laundering activities by identifying suspicious transactions and patterns. Make your business resilient to the risks of wrongdoing. Our team can implement all for your confidence in each operation.
laundering (AML)
AI and ML are used to detect and prevent money laundering activities by identifying suspicious transactions and patterns. Make your business resilient to the risks of wrongdoing. Our team can implement all for your confidence in each operation.
Companies that already use AI and ML
Many FinTech companies and traditional financial institutions have been integrating
AI and machine learning ML into their operations.
Many FinTech companies and traditional financial institutions have been integrating
AI and machine learning ML into their operations.
PayPal uses ML algorithms to detect fraud and risk management, that enhance customer experience through personalized recommendations and fraud prevention.
Revolut, a company specializing in digital banking and financial technology, utilizes AI for preventing fraud, categorizing transactions, and providing personalized financial insights.
BlackRock, a global investment management firm, employs AI and ML for tasks such as portfolio management, risk analysis, and making investment decisions.
Goldman Sachs implements AI and ML in areas such as algorithmic trading, risk management, and customer service.
Capital One utilizes ML for credit scoring, fraud detection, and to personalize customer experiences.
Stripe, a platform for processing payments, utilizes ML to examine transactions and identify and prevent fraudulent activities.
Wealthfront, as a robo-advisor, utilizes ML algorithms to deliver automated investment advice and manage portfolios.
Major traditional financial institutions such as JPMorgan Chase employ AI and ML to enhance risk management, detect fraud, and optimize customer service.
Advantages of engaging the Amazinum company
7
Years
We offer you our 7 years of expertise in data science.
40+
ML Engineers
We have a large talent pool of highly-skilled ML engineers of Middle and Senior-level professionals.
16
Active Projects
Our team has successfully connected Machine Learning Engineers to technical departments in more than 19 companies.
Advantages of engaging the Amazinum company
7
Years
We offer you our 7 years of expertise in data science.
40+
ML Engineers
We have a large talent pool of highly-skilled ML engineers of Middle and Senior-level professionals.
16
Active Projects
Our team has successfully connected Machine Learning Engineers to technical departments in more than 19 companies.
Benefits of engaging Amazinum
Customer orientation
The main task of our team is to satisfy the client’s interests. We are attentive to needs and data, focused on supporting communications and constant updates, and focused on quality results.
Clarity of execution
Amazinum offers clear deadlines, organized work, regular updates, adjustment of the project to the needs and resources of the client, and a comfortable work process.
Attractive prices and excellent quality
Amazinum uses the client’s resources efficiently and intelligently. High-quality service and development, optimization of resources, and qualified specialists – all this ensures comfortable cooperation and a successful product at the end.
An attractive partnership
Amazinum values long-term partnerships. We strive to satisfy every customer and provide them not only with a successful product but also with quality service. We offer data security, loyalty, transparency, flexibility, and communication, which will ultimately lead to the realization of the client’s idea.
Benefits of engaging Amazinum
Customer orientation
The main task of our team is to satisfy the client’s interests. We are attentive to needs and data, focused on supporting communications and constant updates, and focused on quality results.
Clarity of execution
Amazinum offers clear deadlines, organized work, regular updates, adjustment of the project to the needs and resources of the client, and a comfortable work process.
Attractive prices and excellent quality
Amazinum uses the client’s resources efficiently and intelligently. High-quality service and development, optimization of resources, and qualified specialists – all this ensures comfortable cooperation and a successful product at the end.
An attractive partnership
Amazinum values long-term partnerships. We strive to satisfy every customer and provide them not only with a successful product but also with quality service. We offer data security, loyalty, transparency, flexibility, and communication, which will ultimately lead to the realization of the client’s idea.
Transform your business with Amazinum
We offer you technical expertise that can meet the needs of different domains from healthcare to logistics. Discover the power of digital technology for your business.
Amazinum will provide you with an experienced, qualified specialist who can help you turn your business around and become a leader among your competitors.
We offer you technical expertise that can meet the needs of different domains from healthcare to logistics. Discover the power of digital technology for your business.
Amazinum will provide you with an experienced, qualified specialist who can help you turn your business around and become a leader among your competitors.
What We Do Best: Our Expertise
What We Do Best: Our Expertise
Amazinum is a top outsource data science company. Let us navigate your business through the data lake to effective solutions and services for your end user
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AI and ML
Technologies for
Banking: New
Level
Partners & Clients
We deeply appreciate our partners for cooperation. Every member of the Amazinum Team does their best to provide the highest quality of services and solutions. We satisfy all your needs and requirements.
Technologies
Learn about technology stack we use to implement data science:
Programming languages:
for data analysis and processing:
for creating solutions:
for API development:
for visualization:
Deploying solutions:
Databases:
SQL:
NoSQL:
Cloud Solutions:
Technologies
Learn about technology stack we use to implement data science:
Programming languages:
for data analysis and processing:
for creating solutions:
for API development:
for visualization:
Deploying solutions:
Databases:
SQL:
NoSQL:
Cloud Solutions:
Vitaliy Fedorovych
CEO, Data Scientist at Amazinum
Hello there!
Amazinum Team assists you through all data science development processes:
from data collection to valuable insights generation.
Get in touch with our CEO and Data Scientist to figure out the next move together
- 4A Peremohy square, Ternopil, Ukraine, 46000
- +380 98 85 86 330
- vfedorovych@amazinum.com
Contact Us
Contact Us
UKRAINE
ESTONIA
Amazinum OÜ
Registry Code: 16893164
