360 Score: 2.62
(1 Reviews)
For Vendors

SAMSUNG Nexfinance in AI in Fintech Solutions

  • Seoul, South Korea
  • 1938
  • More than $100 BN
Regions
Company Overview

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.

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.

SAMSUNG Nexfinance Popular Comparisons
Evaluated against 194 key buying criteria
Strengths
  • Product Maturity / Customer Behavioral Analytics / Chatbot /...
    Excellent Chatbot features
    Show More
  • Customer Support
  • Sales Support
  • Technical Support
  • Dedicated Account Manager (DAM)
  • Product Demos
  • Proof of Concept
  • Software Requirement Specification (SRS)
  • Accessible analytics
  • Asset and Portfolio Management
  • Cross-platform functionality
  • Fraud Detection
  • Predictive Analytics
  • On-Site Support
  • Remote Support
  • Data gathering
  • Debt Collection
  • Deployment
  • Product Features and Functionality
  • Product Quality and Reliability
Weaknesses
  • No Weaknesses

Reviews

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“Business Insight Platform"

Samsung develops AI to create value for customers and VPA technologies to enable natural and engaging conversations between devices/services and users. 
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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.
#1 Product Features and Functionality / Customer Behavioral Analytics
#2 Product Features and Functionality / Business Analytics and Reporting
#3 Product Features and Functionality / Core Features
#4 Business Analytics and Reporting / Fraud Detection
#5 Business Analytics and Reporting / Predictive Analytics

SAMSUNG Nexfinance QUADRANTS

SAMSUNG Nexfinance has chosen it’s strengths in these 3 territories
  • Niche Quadrant

    All-Europe

  • Niche Quadrant

    All-Middle East and Africa

  • Niche Quadrant

    All-Asia-Pacific