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Facteus Releases Most Expansive Transaction Data for Generative AI Sector

Prompt-engineering startups and AI-based companies now have a brand-new tool to add to their arsenal of resources, and that’s Facteus transaction data

How AI Startups Can Leverage Transaction Data in FinTech

Today’s startups are working on tomorrow’s AI-powered solutions. In this unchartered territory, firms that are equipped with the most sweeping and inclusive transaction data can: 

  • Pioneer better devices, systems, products, and offerings

  • Radically improve their ability to forecast and maintain a forward-focused perspective

  • Identify novel opportunities for new strategic partnerships and stronger competitive positioning

  • Get ahead of the competition and truly stand out as industry leaders

That can be true across several industries, especially the FinTech sector. In fact, AI startups can leverage transaction data in FinTech to do the following (and more).

1. Create new AI-powered FinTech tools.

Chatbots, trading tools, and fraud detection systems are just the tip of the proverbial iceberg when it comes to AI-based products that startups can develop, refine, and turbocharge using transaction data.

2. Empower (more) autonomous trading.

Generative AI companies can use transaction data to develop or improve their automated trading systems, so they can provide far more personalized recommendations after reviewing:

3. Transform how firms work.

Professionals may no longer sit in the driver’s seat alone, with AI-powered systems and transaction data supercharging their:

4. Assess evolving risks & compliance.

As this nascent space continues to develop, the possibilities for AI and transaction data in FinTech may prove to be nearly limitless.

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