Fintech Leaders Don’t Just Embrace Change, They Drive It!
April 16, 2025
Check out the latest coverage with host Mike Lawson as he chats with Ankit Maharaj Singh from Quinte Financial Technologies (Quinte). In this insightful interview, Ankit dives into how Artificial Intelligence (AI) is being integrated into the operations of Financial Institutions (FIs) and the challenges they face in adopting new technologies. Quinte’s innovative solutions, like Advanced Dispute Manager (ADM), Advanced Fraud Manager (AFM), and AiComm 2.0, are all designed to streamline FI operations and enhance decision-making.
Key Takeaways
- The Growing Role of AI in FIs: AI is becoming increasingly vital for FIs, but the focus is on a human-centric approach. Rather than replacing people, AI is a “co-pilot” that complements human efforts to boost operational efficiency. This approach, inspired by the EU AI Act, aims to improve processes, enhance customer service, and increase productivity while maintaining the personal touch FIs are known for.
Quinte’s Automated Solutions: Quinte’s advanced technology like ADM, AFM, and AiComm 2.0 are game changers for FIs. These solutions help FIs make data-driven decisions, improving overall operational effectiveness and efficiency across disputes, fraud and customer service.
- Ongoing Concerns About Fraud and Cybersecurity: Despite technological advancements, fraud and cybersecurity remain major concerns. Issues like business email compromise and executive impersonation continue to pose significant threats. The conversation emphasized the need for FIs to stay vigilant. Quinte stressed that educating both staff and customers on cybersecurity and fraud prevention is key.
About GAC
The Governmental Affairs Conference (GAC) is a significant annual event organized by America’s Credit Unions, gathering professionals and leaders from the credit union industry. The conference serves as a platform for credit unions to engage in advocacy, policy discussions, and networking with lawmakers, regulators, and other industry experts. It is an essential event where credit union leaders unite to advocate for policies that benefit their members and the broader financial services community.
