AI in Fintech and the Future of Financial Services

Globaldev

AI isn’t just a trend in fintech - it’s the future. With its ability to reduce bias in credit scoring and predict financial outcomes, AI is revolutionizing how we think about banking and lending. It helps businesses make more accurate decisions while saving time and resources.

Unlock the potential of AI in financial services with our article and build the future of fintech.

Fenitidill

When I first started scaling my online projects, payments were the part I underestimated the most. At a small volume everything worked, but as soon as transactions became regular and international, issues appeared: slow confirmations, unclear statuses, extra fees, and too much time spent reconciling data. I realized that efficiency in payments is not a bonus, it’s a necessity.
My perspective shifted after I tried an approach based on open banking. Instead of relying on multiple intermediaries, payments began to move directly through bank connections with better transparency. I felt more in control, because I could clearly see where funds were at each step. It also reduced operational friction, as customers trusted the familiar banking environment and completed payments faster.
What surprised me most was how flexible this model turned out to be. It adapted well to different business scenarios and didn’t require rebuilding the entire payment logic from scratch. For anyone looking to modernize financial operations and understand how this concept works in real use cases, I recommend exploring open banking as a service. It helped me see how this approach can support growth without adding unnecessary complexity.