8min chapter

CNBC Tech: Beyond The Valley cover image

FinTech has transformed the way we pay, bank and invest. What’s next?

CNBC Tech: Beyond The Valley

CHAPTER

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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