NAGA - Taking the Reins on AI in Fintech

NAGA - Taking the Reins on AI in Fintech

“The perfect partnership at the right time.”

Time and time again, we are told to better manage our finances. Earn, save, and invest. That is the general narrative we strive to apply. However, navigating today’s financial markets with rapidly evolving technologies and a never ending repository of information can get very overwhelming, very quickly.

Fintech companies are working hard to make the world of finance and investing more accessible and less daunting for users. Statista finds that the average revenue per user using fintech platforms has been steadily increasing, and is projected to continue rising in the coming years. Evidently, fintech platforms are fulfilling their purpose by design - helping individuals gain a better grasp on their finances. 

For nearly a decade, NAGA has made it their mission to make trading and investing much easier and safer for users to navigate. Through their financial superapp, NAGA consolidates access to investing, banking, cryptocurrencies, and social networking while offering safety and security. They have created more than a fintech platform; they have nurtured a community, sharing insights, beliefs, opinions, and more.

To enhance users’ experience in trading and investing, fintech companies are looking to combine artificial intelligence (AI) with their platforms. The advent of AI businesses has illuminated new ways of doing business and creating new solutions for users. Earlier this month, NAGA announced that it has formed a strategic partnership with Rezolve and their new AI platform, Brain, to make financial information and markets more accessible.

NAGA’s partnership with Rezolve’s Brain also helps create personalized trading insights, real-time intelligent market analysis, and automated payments, enriching user experience and helping individuals craft their finances in a more accurate and tailored manner. In NAGA’s announcement of the partnership, CIO Ben Bilski highlights that “the partnership looks into a very bright future where finance and AI help users to understand complex financial information in an easier way, any time, in any language.”

Ben Bilski continues, expressing that “we know at NAGA that this is the right partner, the right mindset, it’s straightforward, a direct execution, and a positively pushy approach that we both apply. That’s why, overall, I think it’s the perfect match at the right time.”

The value of AIs implementation in financial services is indelible. According to a Financial Express study conducted in 2021 AI can reduce a fintech organization’s operational costs by 22% by 2030. For individuals, according to research findings, AI will be employed to assist households and individuals retire more securely through greater ease of access to investments and simplify decision-making processes. NAGA is set to make a positive change in people’s lives as they help make the world of finance more easily accessible.

Read more on the announcement here.

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