
FinTech has transformed the way we pay, bank and invest. What’s next?
Beyond The Valley
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AI in Financial Services and Challenges faced by FinTech Firms
The chapter explores the utilization of AI in the financial sector for productivity gains and cost reductions, along with highlighting consumer-facing AI applications such as chatbots. Additionally, it discusses the changing market dynamics for FinTech companies, including declining valuations, challenges related to high growth expectations, and insights from industry leaders on surviving downturns.
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