AcuFi founder, Nicholas Kohlschreiber, examines the future of FinTech with AI

IRVINE, CA / ACCESSWIRE / November 28, 2022 / In today’s world, everyone agrees on the fact that the future of technology depends on the advancement of artificial intelligence (AI). AI can offer potential customers customized services and approach, especially when starting a financial technology company, app or service. This personalized support will help people achieve their financial goals. Furthermore, AI has the potential to help managers and supervisors understand the risks and make informed decisions. “In the very near future, a world without AI will be unthinkable,” says Nicholas Kohlschreiberfounder of AcuFithe Irvine-based debt resolution company that works with individuals and businesses to unravel their finances and strategize for the future.

For the fintech sector, concerns in the security of both user and company data can be addressed by AI. More than ever, the modern age will bring a new variety of bad actors hackers, viruses and vulnerabilities waiting to be exploited. Traditionally, software protects information with passwords, but AI can add new layers of cybersecurity to protect transactions and valuable data. Fintechs handle millions of dollars daily, and the ability to detect fraud, deception, anomalies or viruses using AI can stop the loss of funds or theft. “AI can be the new wall that protects the finances of individuals and small businesses,” says Nicholas Kohlschreiber. “Fraud and theft can become a thing of the past with a strong AI security barrier.”

Improvements in customer-centric service and experience is where AI has been most effectively used in the fintech industry, with more and more companies using it to advance in the market. Innovations such as Chatbots and AI-powered personalized banking apps are just two examples of AI improving the customer experience. Chatbots minimize the workload on call centers through their availability to answer typical and frequently asked questions. AI-powered banking apps help users keep track of their finances, track income and expenses, and reach their financial goals. Nicholas Kohlschreiber proudly notes that “AcuFi experts are already using artificial intelligence to improve the user experience for our customers. And with the increasing competition in the market, I imagine more companies will use AI to achieve fast and personalized customer engagement.”

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Nicholas Kohlschreiber is the founder and manager of AcuFi, an intuitive debt management software that helps clients settle their debts and provides relief from predatory collectors. Some of their other services include handling bankruptcy, consolidating loans, and finding a way to thrive even with your debt burden.

AcuFi: http://acufi.com

Nick Kohlschreiber, founder of AcuFi, teaches small businesses how to use FinTech: https://www.yahoo.com/now/nick-kohlschreiber-founder-acufi-teaches-220000221.html

Founder of AcuFi, Nick Kohlschreiber, on FinTech in developing countries: https://www.yahoo.com/now/founder-acufi-nick-kohlschreiber-fintech-031000118.html

Contact information:
Nicholas Kohlschreiber
AcuFi
[email protected]
949-992-2834
http://acufi.com

SOURCE: AcuFi

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