featured image thumbnail for post undefined
Gunter Fischer
Founder & CEO
An [increase in customer retention](http://www2.bain.com/Images/BB_Prescription_cutting_costs.pdf) of just 5% can create at least a 25% increase in profit. Returning customers will likely spend [67% more](http://www2.bain.com/Images/Value_online_customer_loyalty_you_capture.pdf) on your company's products and services.
August 28, 2019
AI is changing the way in which the financial industry operates. Asset management forms one of the key pillars of the financial industry, and it is no stranger to the disruptive technology that is AI. The ability of artificial intelligence to crunch large chunks of data in no time is what makes it easy for asset managers to make right decisions swiftly. It also allows asset management organizations to look beyond traditional analysis and apply a more sophisticated approach to data-heavy tasks.
September 10, 2019
And though most of us can be in denial, sophisticated algorithms already dominate our everyday lives more than we can imagine. Right from how the traffic lights are moderated to your social media feeds, everything is run on intelligent and smart algorithms that we otherwise call artificial intelligence. This extends to all industries and functions including the financial trading industry.
September 25, 2019
Banks and financial institutions lose money every year due to fraudulent activities.
September 15, 2019
Artificial intelligence (AI) is making a paradigm shift in technological advancements. We are already witnessing a great deal of change in our lives and businesses due to AI. The finance industry is no exception. It seeks and adopts new technology at an early stage. The financial industry is the most curious of all the industries about technological advancement. They are one of the early adopters of new disruptive technology. For example, [JP Morgan](https://www.forbes.com/sites/michaeldelcastillo/2019/04/16/blockchain-goes-to-work/) was one of the early adopters of Blockchain. FinTech is a sum of all the use cases of cutting-edge technology that happens to the financial industry. Let’s quickly explore some of the applications of AI in FinTech.
August 21, 2019