Growth in AI in Fintech in MEA is slow as compared to other regions due to civil unrest, political and economic pressures and low oil prices. However, there are some area’s and organizations that have partnered with various AI in Fintech organizations to develop their financial product s for better efficiency. Banks in MEA are slowly starting to focus on bringing AI in Fintech solutions for customer support. For instance, as a pilot project Middle East banking group, Emirates NBD, has installed a virtual assistant to bring about process automation to its banking services.

AI in Fintech Solutions in Middle East and Africa

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