Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging predictive models built using artificial intelligence and machine learning to support core business functions such as risk decisioning. According to a report by Grand View Research, Inc., the global AI in fintech market size is expected to reach US$41.16 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.7% in Asia-Pacific alone from 2022 to 2030. The success of AI in fintech, or any business for that matter, hinges on an organisation’s ability to make accurate predictions…
Author: Mobilewalla
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Mobilewalla
Mobilewalla is a global leader in consumer intelligence solutions leveraging the industry’s most robust data set and deep artificial intelligence expertise to better understand, model and predict consumer behavior.