AI in Fintech Panel Discussion Set for April 24 in Bangalore

Artificial intelligence is rapidly transforming the fintech sector, driving innovation in areas such as trading, fraud prevention, and risk management. AI trading agents, using machine learning and real-time data analysis, are seeing explosive growth worldwide, with predictions that the market could grow from $5.1 billion in 2024 to $47.1 billion by 2030, and their adoption has already resulted in significant increases in algorithm-based trading volumes and prediction accuracy. In the realm of fraud prevention, new solutions like ZRAI Shield deliver real-time, adaptive responses to evolving threats, replacing legacy systems that merely reported incidents after the fact. AI and blockchain are also converging in initiatives like the $SRC Ecosystem's partnership with the Trade Finance Distribution Initiative, aimed at automating risk assessment and enhancing liquidity for SMEs. The fintech industry is also grappling with issues of fairness, explainability, and governance as AI systems become more embedded in credit, underwriting, and other critical functions. Panel discussions and industry collaborations are addressing the need for responsible AI governance, with a focus on transparency, safeguards against bias, and practical auditing challenges.