Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Driving Digital Financial Inclusion on Power and Capabilities of Artificial Intelligence
FEXD is developing a global financial technology ecosystem that will address unmet mobile money needs in developing and industrialized markets and make it easier and more affordable to transact digitally The company aims to use emerging technologies such as AI to reduce costs associated with and fast-track the processing of money transfers and loans AI is a powerful technology that has been positively associated with the improvement in digital financial inclusion The technology is used in credit risk assessment, investment-related decision-making, fraud detection and prevention, prediction, and customer service With FEXD eying digital money transfers, which are unfortunately prone to…