• Technology

    AI and FinTech: A New Era in Finance

    The financial industry is experiencing rapid innovation thanks to the integration of Artificial Intelligence (AI) and Financial Technology (FinTech). Together, they are reshaping how financial services operate, making them faster, smarter, and more accessible. This blog delves into the impact of AI and FinTech on finance, their benefits, challenges, and the future ahead. 2.Understanding AI and FinTech in Finance AI and FinTech are transforming traditional finance with advanced technologies. Let’s explore what they mean and their impact on the financial sector. 1.1 What is AI in Finance? AI in finance refers to using smart algorithms and machine learning to solve…