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  • How Artificial Intelligence Could Democratize Financial Services In Asia

    Casey Hynes

    July 03, 2017 |

    Forbes |

    Text |

    800-1500 Words

    Response Location: Pakistan, Lahore

    The rapid evolution of technology is continually opening new doors for how microfinance projects can be implemented, improved, and scaled. The team at ADDO A.I. sees artificial intelligence as the catalyst for both microfinance and microinsurance in the emerging markets of Asia. A.I. reduces the need for human assessments, facilitating faster pay-outs and reduced losses through predictive data, while combining information such as financial histories and social media activity with historic context data to create fair, realistic risk assessments that lead to improved credit products.

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