In this video, the co-founder of Briga, a $200 million venture fund, discusses the future of Fintech and how it will incorporate artificial intelligence (AI) to build smart solutions that mix human and machine to leverage data, understand risk, and gain a competitive edge. Despite receiving $13 billion in funding in 2017, 40% of the global population is still underserved by traditional banking institutions. With the potential application of AI to replace human judgement, enterprises are realizing the benefits of using it to make better, time-sensitive, and empirically-founded decisions.
Fintech has been around for a while, but the digitization of everyday lives and smartphones has led to the emergence of new markets for funding circles and leveraging data. The massive potential of the rest of the process in banking presents a huge opportunity for entrepreneurship to bring innovation to the industry.
As Fintech continues to evolve and AI becomes more advanced, the possibilities for smart solutions utilizing a mix of human and machine become endless. Don’t miss out on the future of Fintech – watch the video now.
Keywords/Tags: infoShare, infoShare 2018, conference, technology, new media, Gdańsk, Gdansk, Poland, Polska, startup, trends, Fintech.
After a few years of non-stop innovation, some may call Fintech mature today, but the reality is that the industry still received 13$B in funding in 2017 and that there is still over 40% of the global population underserved by traditional banking institutions. Simultaneously, enterprises are seeing the potential application of AI to replace human judgement to make better, time-sensitive, empirically-founded decisions. The future of Fintech therefore will be different from what we have observed lately – mainly in the B2C space – and depend on the incorporation (and advancement) of AI and AI infrastructure to build smart solutions that will mix human and machine to leverage data, understand risk, and gain a competitive edge. Let’s jump into the future!
The speech was given on 2018-05-23 at infoShare 2018 (Startup Stage) in Gdańsk.
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