Intelligent Fin.tech Issue 13 | Page 11

NEWS

Demand for embedded finance soars among SMBs as traditional banks fall short

Airwallex , a leading global payments and financial platform for modern businesses , announced a new global survey that revealed surging demand for cloud-based financial services with more than 80 % of SMBs looking to switch away from traditional banks for their payment needs .

The report , jointly produced by consultancy , Edgar , Dunn & Company , and Airwallex , uncovers the financial services pain points faced by SMBs which can limit their ability to operate and grow globally .
The data shows that 82 % of SMBs globally ( 86 % in the UK and US ) feel overlooked by banks and would change their current banking provider if their existing software platform or marketplace offered a like-for-like alternative . The services SMBs would be open to accessing include cross-border payments collection and payouts , business bank accounts , foreign exchange and treasury .
The findings demonstrate a clear opportunity for software platforms , marketplaces or expense management platforms to better serve SMB customers .

AlgosOne . ai introduces trading AI with 80 % -win rates through Deep Learning

and forex . The result is an effortless user experience and an unparalleled trade success rate .
With each executed trade , Algosone . ai improves and refines its market predictions , making it possible for anyone , regardless of prior experience , to invest like a seasoned professional . Accessible via the app or site , AlgosOne . ai requires a minimum deposit of just US $ 300 . While some trades are performed automatically , others require a simple one-click approval from the user .

AlgosOne . ai has introduced a next generation AI-powered trading solution that uses generative AI modelling and deep neural networks . This barrier-breaking platform utilises the power of Machine Learning to analyse extensive datasets , accurately predicting price movements across various financial markets such as stocks , bonds , indices , commodities , cryptocurrencies

“ Our state-of-the-art AI-based trading solution is taking the next steps in the evolution of Machine Learning within the financial industry , continuously improving its ability to generate profits . Our vision is to democratise access to cutting-edge trading technology and empower individuals from any background to achieve financial security ,” said Lukas Weber , VP Business Development of AlgosOne . ai . “ At AlgosOne . ai , we ’ re doing something truly revolutionary by placing professional-grade trading capacity in the hands of regular people ’’. www . intelligentfin . tech
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