Updated on November 1, 2024 at 11:51 am IST
Photo : AND now digital
“The biggest trend where AI and fintech come together…” – Arjun Zacharia explains how AI is revolutionizing industries | FII 2024
Article Highlights
- Collaboration between AI and fintech is accelerating financial decision-making globally.
- Data structuring via AI reduces loan time from days to seconds.
- FII 2024 explores AI and sustainable energy for global impact.
As the Future Investment Initiative (FII) 2024 takes place in Riyadh, industry experts highlight the transformative technologies that are reshaping global industries. Arjun Zachariafounder of EximPe, shared his insights on how AI revolutionizes industries, with particular emphasis on its synergy with financial technology to stimulate economic growth and sustainability.
AI and Fintech: transforming financial services
In conversation with Nikunj Dalmia, Editor-in-Chief of ET NOW, Zacharia explained how AI is reshaping the fintech industry by improving data accessibility and decision-making processes. He noted: “The biggest trend where AI and fintech are coming together is actually the liberation of data. Previously, lending and financing were manual and time-consuming processes. Thanks to AI, tasks that once took days can now be accomplished in seconds.
Zacharia then expanded on the impact of AI-driven data structuring, explaining how EximPe leverages AI to streamline financial decision-making. “Businesses are now using the data generated on our platform to make decisions faster. Processes that previously took 30 days can now be accomplished in 48 hours, thanks to structured and accessible data.”
A broader vision for a changing world
Zacharia noted that FII’s cross-sector discussions highlight how technologies such as AI and sustainable energy solutions are interconnected in today’s rapidly evolving economic landscape. “The FII is one of the biggest events in the world today. There is a confluence of AI, finance and energy: many topics that impact the world today hui are discussed here.”
FII Conference 2024
Future Investment Initiative (FII) is an international platform bringing together the world’s top CEOs, policymakers, investors, entrepreneurs and young leaders for in-depth conversations and workshops on new global investment pathways and market analysis. critical industry trends to shape the future of international investing. investment and the global economy while providing unparalleled networking opportunities.
The eighth edition of the FII conference will be held from October 29 to 31, on the theme “Infinite Horizons: Invest Today, Shape Tomorrow”. FII8 will spark discussions on how investment can serve as a catalyst for a prosperous and sustainable future, pushing the boundaries of what is possible for humanity.
The event brings together world leaders, entrepreneurs, political leaders, media and policymakers to discuss topics including finance, AI, sustainability, energy, geoeconomics, space and beyond .
End of article