SAMSUNG Nexfinance in AI in Fintech Solutions

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SAMSUNG Nexfinance
Online
Seoul, South Korea
1938
More than $100 BN
Enterprise
93 Likes
63 Buyers Negotiating

SAMSUNG Nexfinance USP

Nextfinance helps in effectively verifying new technologies needed for digital finance by using the digital platform.Nextfinance helps in the quick application by proven services including Digital Identity, Digital Payment, Digital Finance Concierge, and AI Virtual Assistant, to your business.It helps in expanding the ecosystem by leveraging new technologies and services which is continuously applied to platforms.

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Summary

Nexfinance is the financial platform from Samsung.It is an integrated platform that provides the latest technologies and services to realize the full benefits of digital finance. It helps in gaining a competitive edge over the competition with AI Virtual Assistant and Digital Identity that can be immediately leveraged on-premise. Samsung has an advantage of the latest technologies driving the Fourth Industrial Revolution from AI (Brightics AI) and big data (Brightics IoT) to the blockchain (Nexledger) for strengthened business competitiveness.

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SAMSUNG Nexfinance
63 Buyers Negotiating
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Strengths
  • +8
    Customer Support
  • +9
    Sales Support
  • +7
    Technical Support
  • +14
    Dedicated Account Manager (DAM)
  • +12
    Product Demos
  • +13
    Proof of Concept
  • +11
    Software Requirement Specification (SRS)
  • +6
    Accessible analytics
  • +9
    Asset and Portfolio Management
  • +7
    Cross-platform functionality
  • +8
    Fraud Detection
  • +7
    Predictive Analytics
  • +5
    On-Site Support
  • +6
    Remote Support
  • +10
    Data gathering
  • +7
    Deployment
  • +8
    Insurance Management
  • +7
    Product Features and Functionality
  • +8
    Product Quality and Reliability
  • +6
    Support & Maintenance
Weaknesses
  • -12
    Automated Customer Support
  • -5
    Billing
  • -9
    Cloud
  • -7
    Market Research / Sentiment Analysis
  • -10
    New Product Launches
  • -9
    No. of Innovations
  • -8
    On-Premises
  • -9
    Product Upgradation
  • -11
    R&D Spend
  • -8
    Regulatory compliance
  • -12
    Simplified user experience
  • -11
    Chatbot / Personal Finance
  • -10
    Credit Lending / Scoring
  • -5
    Consulting & Training
  • -10
    Mode
  • -13
    Money-Laundering Prevention
  • -5
    Personalization
  • -8
    Services
SAMSUNG Nexfinance Presence in AI in Fintech Solutions
To gain a competitive advantage, the company majorly focuses on the investment strategy, where Samsung NEXT is funding USD 150 million to early stage startups. The company is targeting startups that are focusing on AI, virtual reality, and internet-connected devices. The investment in these firms would allow Samsung to expand geographically. Additionally, the startups would be able to take advantage of the Samsung platform, thereby resulting in growth. Apart from that, to sustain in the competition with big giants, such as Apple, Amazon, Google, Microsoft, and IBM, the company launched its virtual assistance, Bixby. Besides, the company acquired AI Viv Labs in order to enhance its AI capabilities and offerings. Furthermore, it has expanded Bixby’s voice capabilities to provide language support for the US English in Korea and the US.
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Company Size :
  Enterprise
  SME
  Startup