How AI Will Improve FinTech in 2020

AI and machine learning will improve Fintech in 2020. It will increase accuracy and personalization of payment, lending, and insurance services. Fintech startups believe cloud-based payments, lending, and insurance apps are must-haves to drive growth. Fintech is evolving into a fourth platform that provides embedded financial services to any business needing to subscribe to them. AI and machine learning are very effective at interpreting and recommending actions based on real-time data streams. It’s also improving customer experiences and reducing risk.