Published by IMARC Services Private Limited
Posted on October 6, 2021
The AI in Fintech Market is expected to grow at a CAGR of XX% during 2021-2026. The report provides a detailed analysis of the market by Type, Deployment Model, Application, Region.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/ai-in-fintech-market/requestsample
Industry Definition and Application:
Fintech, or financial technology, represents the integration of advanced technologies with financial services to improve or automate banking and investing operations. Artificial intelligence (AI) is extensively used in financial institutions for detecting and preventing frauds through digital banking channels. This involves digital lending, mobile banking, asset management, credit scoring, insurance and trading processes, etc. AI in fintech is also applied for operating robo-advisors to offer financial planning services based on the individuals’ goals, risk tolerance, budget, financial standing, spending patterns, etc. It also detects any personally identifiable information (PII) leaked on the dark web and undertakes necessary actions to secure the data.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Read Our Latest Report Blog @ http://imarcgroup.weebly.com/
Market Trends and Drivers:
The rising digitization in the banking, financial services, and insurance (BFSI) sector is among the primary factors driving the market for AI in fintech. Moreover, AI in fintech enhances efficiency, minimizes human error, and can process large volumes of data in a short period. Consequently, it is being increasingly used for operating virtual assistance, sentiment and predictive analysis, debt collection, reporting, customer behavior analysis, etc. Furthermore, growing product utilization for the automated and real-time examination of cash, credit, and investment accounts to analyze the financial health of individuals and generate customized insights for future growth will continue to strengthen the AI in fintech market over the forecasted period.
Browse full report with TOC: https://www.imarcgroup.com/ai-in-fintech-market
Global AI in Fintech Market Segmentation:
The report has segmented the market on the basis of Type, Deployment Model, Application, Region.
· Solutions
· Services
Breakup by Deployment Model:
· Cloud-based
· On-premises
Breakup by Application:
· Virtual Assistant (Chatbots)
· Credit Scoring
· Quantitative and Asset Management
· Fraud Detection
· Others
Breakup by Region:
· North America
o United States
o Canada
· Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
· Latin America
o Brazil
o Mexico
o Others
· Middle East and Africa
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Telecom Service Assurance Market Report: https://www.imarcgroup.com/telecom-service-assurance-market
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United States Lawful Interception Market Report: https://www.imarcgroup.com/united-states-lawful-interception-market
India Human Resource Hr Technology Market Report: https://www.imarcgroup.com/india-human-resource-technology-market
India Artificial Intelligence Market Report: https://www.imarcgroup.com/india-artificial-intelligence-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
LinkedIn: https://in.linkedin.com/company/imarc-group
The AI in Fintech Market is expected to grow at a CAGR of XX% during 2021-2026. The report provides a detailed analysis of the market by Type, Deployment Model, Application, Region.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/ai-in-fintech-market/requestsample
Industry Definition and Application:
Fintech, or financial technology, represents the integration of advanced technologies with financial services to improve or automate banking and investing operations. Artificial intelligence (AI) is extensively used in financial institutions for detecting and preventing frauds through digital banking channels. This involves digital lending, mobile banking, asset management, credit scoring, insurance and trading processes, etc. AI in fintech is also applied for operating robo-advisors to offer financial planning services based on the individuals’ goals, risk tolerance, budget, financial standing, spending patterns, etc. It also detects any personally identifiable information (PII) leaked on the dark web and undertakes necessary actions to secure the data.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Read Our Latest Report Blog @ http://imarcgroup.weebly.com/
Market Trends and Drivers:
The rising digitization in the banking, financial services, and insurance (BFSI) sector is among the primary factors driving the market for AI in fintech. Moreover, AI in fintech enhances efficiency, minimizes human error, and can process large volumes of data in a short period. Consequently, it is being increasingly used for operating virtual assistance, sentiment and predictive analysis, debt collection, reporting, customer behavior analysis, etc. Furthermore, growing product utilization for the automated and real-time examination of cash, credit, and investment accounts to analyze the financial health of individuals and generate customized insights for future growth will continue to strengthen the AI in fintech market over the forecasted period.
Browse full report with TOC: https://www.imarcgroup.com/ai-in-fintech-market
Global AI in Fintech Market Segmentation:
The report has segmented the market on the basis of Type, Deployment Model, Application, Region.
· Solutions
· Services
Breakup by Deployment Model:
· Cloud-based
· On-premises
Breakup by Application:
· Virtual Assistant (Chatbots)
· Credit Scoring
· Quantitative and Asset Management
· Fraud Detection
· Others
Breakup by Region:
· North America
o United States
o Canada
· Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
· Latin America
o Brazil
o Mexico
o Others
· Middle East and Africa
Data Warehousing Market Report: https://www.imarcgroup.com/data-warehousing-market
Adaptive Security Market Report: https://www.imarcgroup.com/adaptive-security-market
Loyalty Management Market Report: https://www.imarcgroup.com/loyalty-management-market
Data Preparation Market Report: https://www.imarcgroup.com/data-preparation-market
Telecom Service Assurance Market Report: https://www.imarcgroup.com/telecom-service-assurance-market
Human Capital Management Market Report: https://www.imarcgroup.com/human-capital-management-market
India Safes and Vaults Market Report: https://www.imarcgroup.com/india-safes-vaults-market
United States Lawful Interception Market Report: https://www.imarcgroup.com/united-states-lawful-interception-market
India Human Resource Hr Technology Market Report: https://www.imarcgroup.com/india-human-resource-technology-market
India Artificial Intelligence Market Report: https://www.imarcgroup.com/india-artificial-intelligence-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
LinkedIn: https://in.linkedin.com/company/imarc-group
