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Applications of Machine Learning in FinTech

Machine learning is a type of artificial intelligence that provides computers with the ability to learn without being explicitly programmed. The science behind machine learning is interesting and application-oriented. Many startups have disrupted the FinTech ecosystem with machine learning as their key technology.

There are various applications of machine learning used by the FinTech companies falling under different subcategories. Let us look at some of the applications of machine learning and companies using such applications.

Table of contents

  • Predictive Analysis for Credit Scores and Bad Loans
  • Accurate Decision-Making
  • Content/Information Extraction
  • Fraud Detection and Identity Management

To read the whole article, with each point detailed, click here.

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